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Johor-Singapore water taxi idea being floated

Property development within the eastern side of Iskandar Malaysia is likely to see a boost with a proposal by the state government to set up a water taxi service between Johor and Singapore.

The suggested water taxi, a public transportation between Kong Kong and the Changi Ferry Terminal in Singapore, would likely stimulate migration to the eastern part of Johor, said Mentri Besar Datuk Mohamed Khaled Nordin.

 

"We are still in the midst of carrying out a feasibility study on the proposal, which has also been forwarded to the Federal Government.

More theme parks planned for Iskandar Malaysia

JOHOR BARU: Iskandar Malaysia is set to become a regional theme park hub with more theme parks expected to be set up in the country’s first economic corridor.

State Tourism, Trade and Consumerism committee chairman Datuk Tee Siew Kiong said the growth corridor would have eight theme parks within the next three to five years.

“Talks are going on between the authorities and theme park operators from other countries planning to set up their theme parks in Iskandar Malaysia,’’ he told StarBiz on Saturday.

Rail link to Iskandar gets thumbs up from Singaporeans

This week's announcement that the Singapore-Kuala Lumpur high-speed rail project will include a regular service between Iskandar Puteri and the Singapore terminus in Jurong East brought big smiles to Singaporeans who live in or own homes in Johor.

It will cut their journey across the border to a fraction of the time it now takes to cross the Second Link, a ride that can stretch up to three hours during peak periods.

Maglev trains set to revolutionise Johor

JOHOR BARU: The proposed plan for a Maglev (magnetic levitation) train service here, as revealed by Sultan of Johor Sultan Ibrahim Sultan Iskandar, will spur a new economic playing field for Johor and create a big leap for Johor Baru in terms of transport infrastructure.

A Chinese company is conducting a study on the project’s feasibility.  

The project will be developed under a private finance initiative, and is expected to cover a rail network that spans from the eastern to western suburbs of Iskandar Malaysia in south Johor.

BRT system in Iskandar Malaysia to cost less than RM3bil

KUALA LUMPUR: The implementation cost for the Bus Rapid Transit (BRT) system for Iskandar Malaysia is expected to cost not more than RM3bil, said Iskandar Regional Development Authority (Irda) chief executive Datuk Ismail Ibrahim.

“At the moment, we do not have the final value; however, it is expected to cost not more than RM3bil, which covers infrastructure cost for building the line, operation cost including buses and several other application costs.

Johor's EduCity drawing Singaporean students

For decades, scores of Malaysian children have been boarding crowded buses daily at unearthly hours to come to Singapore to attend schools here.

In recent years, however, hundreds of Singaporeans, armed with their red passports, have been heading north to schools in Malaysia's new education hub in Iskandar, Johor.

 

The Singaporeans are, to some extent, pursuing an overseas education at EduCity, about half an hour from Singapore via the Second Link.

Nearly 300,000 walk between Johor and Singapore daily

ISKANDAR PUTERI: An average of 295,731 people use the two land crossings between Malaysia and Singapore daily.

State Tourism, Trade and Consumerism Committee chairman Datuk Tee Siew Kiong said Immigration Department records showed that some 107.9 million people used the Johor Causeway and Second Link last year.

“This did not include the ones travelling on motorcycles, cars, vans, lorries and buses.

“These two crossings are among the busiest in the world,” he said, adding that several strategies had been put in place to overcome congestion at both links.

Maybank Kim Eng: Ringgit may hit 3.5 in second half of 2016

THE second half of this year could see oil prices trading closer to the US$50 per barrel levels and if at that same time, the US dollar remains soft, the ringgit could edge towards 3.50 to one US dollar.

This is Maybank Kim Eng head of foreign exchange research Saktiandi Supaat’s assumption.

MoU for high-speed rail project to be signed mid-year

KUALA LUMPUR: Malaysia is expected to sign a memorandum of understanding (MoU) with Singa­pore for the proposed High-Speed Rail (HSR) project linking both countries by the middle of 2016, said Prime Minister Datuk Seri Najib Tun Razak.

“We expect to sign the MoU (for the HSR link) in the middle of this year,” Najib said in his keynote address at the 12th Invest Malaysia annual conference here yesterday.

Malaysia - a long-term property play

Political uncertainties and sluggish economic outlook are not hurting genuine demand for housing in selected cities.

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