Saturday, 14 April 2012
Prices of houses located near proposed MRT Line are set to get a boost.
300m to 500m is the comfortable distance for people to walk to the MRT stations.
The increase will likely come nearer the completion date.
In Singapore, the premium could be as high as 30 per cent, depending on how close the residential unit is and market conditions.
Sungai Buloh- Kajang
The first Sungai Buloh-Kajang line has 51km in total length of which 9.5km — including seven of the 31 stations — will be underground. Thirteen of these stations are expected to have the park-and-ride facilities.
The Sungai Buloh-Kajang line is targeted to serve a catchment of 1.2 million people.
Underground package, MMC-Gamuda JV RM8.2b, 9.5km, single largest package of the MRT that makes up 30-40% out of the total project cost. Tunneling at Jalan Sultan expected in the 2nd quarter of 2014.
V1, from Sungai Buloh to Kota Damansara (bumiputra category)
V4, from Section 16 to Semantan portal (open category)
V5, from Maluri Portal to Plaza Phoenix Station, 5.4km, IJM Construction as the main contractor for works worth RM974mil
V6, from Plaza Phoenix Station to Bandar Tun Hussein Onn Station, 5.2km, Ahmad Zaki Resouces Berhad as the main contractor for a contract worth RM764mil.
bumiputra category - eight companies have been pre-qualified
open category - 11 pre-qualified companies.
There are eight viaduct packages, each averaging RM500mil.
Contractors for the KVMRT projects had to allocate about 3% to 5% from their total contract value for the improved safety, health and environment measures.
MRT Corp has yet to estimate the cost of the SBK line although earlier projections were at RM40 billion including land acquisition which has delayed the start of the project.
Construction of the SBK line will begin in the second or third quarter 2012 and is scheduled to be completed by end-2016, with services commencing in January 2017.