Category Archives: KVMRT – Klang Valley MRT

Project delivery partner for Line 2 and 3?

INCREASED EFFICIENCY: MRT Corp hoping to secure govt
decision by year-end

The government may appoint a project delivery partner (PDP) for Line 2 and Line 3 of the Klang Valley Mass Rapid Transit (MRT) project.

Mass Rapid Transit Corp Sdn Bhd (MRT Corp) chief executive officer Datuk Azhar Abdul Hamid said the government is mulling
over whether to retain the PDP concept or scrap it altogether to save on cost.

Founded in September 2011, MRT Corp is the implementation agency and asset owner of the MRT project.

“We are hoping that a decision on Line 2 and 3 will be made by year-end,” Azhar told Business Times during the company’s Hari Raya open house, here, on Thursday.

The PDP concept is designed to enable the MRT project’s efficient rollout in phases, as opposed to the appointment of a turnkey contractor under the design and build model.

The PDP’s top priority is to ensure the successful completion of the MRT lines within the pre-determined target cost and date.

In the event a contractor or sub-contractor does not meet the pre-determined work package requirements, the PDP will step in at no risk to project delivery cost and time.

MMC-Gamuda JV — a 50:50 joint venture company between Gamuda Bhd and MMC Corp Bhd — was appointed as the PDP for Line 1’s
ongoing construction in January 2011.

As a PDP, MMC-Gamuda JV will receive a six proper cent fee of the total contract value.

Should the total cost of the project be less than or equal to the targeted cost, the PDP shall be entitled to the full fees.

But if the project cost is more than the targeted cost, the
PDP fees shall be cut in accordance with the agreed formula.

Line 2 and Line 3 comprise the Circle Line looping around the Kuala Lumpur city centre and the north-south line from Selayang to Putrajaya.

Line 1 is from Sungai Buloh to Kajang.

Tenders for RM25b MRT project early next year?

Mass Rapid Transit Corp Sdn Bhd (MRT Corp) expects to call for tenders for line 2 of the Klang Valley My Rapid Transit (KVMRT) project, estimated to be worth over RM25billion, by as early as next year.

tenders for mrt next year

Series of Research Report by KVMRT Research

Free Trial – Klang Valley MRT Line
Free Trial – Transacted Report
Research Report – MRT Sg Buloh – Kajang Line Alignment Map @ RM99
Research Report – LRT Line & LRT Extension @ RM79
Research Report – Transacted Price – Klang Valley Property @ RM89

KVMRT Line 1 picking up progress – The Edge Financial Daily (19 July 2013)

The construction of the Sungai Buloh – Kajang (SBK) line or Line 1 of the Klang Valley Mass Rapid Transit (KVMRT) project is progressing well in meeting its July 2017 deadline, according to its main contractor, MMC-Gamuda KVMRT (PDP) Sdn Bhd.

KVMRT Line 1 picking up progress

 

Series of Research Report by KVMRT Research

Free Trial – Klang Valley MRT Line
Free Trial – Transacted Report
Research Report – MRT Sg Buloh – Kajang Line Alignment Map @ RM99
Research Report – LRT Line & LRT Extension @ RM79
Research Report – Transacted Price – Klang Valley Property @ RM89

MKH Boulevard – Near MRT Kajang Station

Another upcoming property development near MRT Station.

Developer: MKH Berhad – Serba Sentosa Sdn Bhd
Development: 308 SoHo serviced apartments above the 30 three-to-six storey shops at the
podium block
Land: Leasehold, Expiry Oct 2111
Size Range: 575 sq.ft. – 1,094 sq.ft.
Price Range: RM201,000- RM395,000
Restriction in Interest: Yes (Tanah ini tidak boleh dipindah milik, dipajak atau digadai melainkan dengan kebenaran pihak berkuasa negeri
Completion Date: Nov 2016

mkh boulevard ads

 

Location Map

mkh boulevard maps

 

Google Maps

mkh boulevard google maps

 

View from Front

mkh boulevard photo 1

 

View from Top

mkh boulevard photo 2

 

Register Your Interest

Series of Research Report by KVMRT Research

Free Trial – Klang Valley MRT Line
Free Trial – Transacted Report
Research Report – MRT Sg Buloh – Kajang Line Alignment Map @ RM99
Research Report – LRT Line & LRT Extension @ RM79
Research Report – Transacted Price – Klang Valley Property @ RM89

D’Sara Sentral – Upcoming Development Near MRT

Advertisement on Sin Chew Daily Today.

dsara sentral

 

Our Post on 4th April 2013

Riding On The KVMRT

Mah Sing Group buys land near RRIM (Sungai Buloh)

It plan to develop a MYR800m mixed development project. Mah Sing is planning a mixed development project called D’sara Sentral for the site, to be launched by 4Q13. It will comprise serviced apartments (65% of GFA), retail space (15%) and SoVo (20%; from MYR650psf onwards). Total GDV of MYR800m or an ASP of MYR876psf (assuming an efficiency ratio of 80%) is attainable, in our view, as Dijaya’s Tropicana Gardens (MRTlinked property project) phase 2 is already selling at MYR1,000psf (net).

Man shing land

mah sing land1

Source: Maybank Research, Mah Sing