The High-Speed Rail project - End of the line?

End of the line for the high-speed rail? The losers and winners

An artist's impression of Batu Pahat station on the KL-Singapore HSR line. Malaysia has cancelled the project as its price tag is said to be prohibitive.
An artist's impression of Batu Pahat station on the KL-Singapore HSR line. Malaysia has cancelled the project as its price tag is said to be prohibitive.PHOTO: EDELMAN
Some property owners in the Jurong area may lose out in terms of possible financial gain. At Ivory Heights condominium, for example, which is situated near the proposed site of the HSR terminus, residents had been holding out hope for acollective sale.
Some property owners in the Jurong area may lose out in terms of possible financial gain. At Ivory Heights condominium, for example, which is situated near the proposed site of the HSR terminus, residents had been holding out hope for acollective sale.PHOTO: LIANHE ZAOBAO

It was hailed as a marquee project that would transform the way Singapore and Malaysia interact, giving a stake in each other's success. But now, the High-Speed Rail (HSR) project linking both countries has been canned by the new Malaysian government. Insight looks at why Malaysia might be changing its mind now, whether simply upgrading the existing line would work, why the HSR was mooted in the first place, and who stands to win or lose if indeed there is no light at the end of the tunnel.

In 2015, mainboard-listed leisure and hospitality player Genting Singapore opened a 557-room hotel in the Jurong Lake District.

At the time, some commentators questioned the decision to build the hotel so far from its integrated resort in Sentosa.

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A version of this article appeared in the print edition of The Sunday Times on June 03, 2018, with the headline 'The losers and winners'. Print Edition | Subscribe