Headline CONNECT WITH LRT 3 MediaTitle Property Insight Date 10 Jul 2015 Color Full Color Section NEWS Circulation 30,000 Page No 30TO32 Readership 90,000 Language English ArticleSize 1742 cm² Journalist Mak Kum Shi and Daniel Sim AdValue RM 17,464 Frequency Monthly PR Value RM 52,392

CONNECT WITH LRT 3

Connectivity, the catalyst of a developed country

By: Mak Kum Shi and Daniel Sim

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Recently, the prime minister mobility. IT'S ALL ABOUT INFRASTRUCTURES of Malaysia, Datuk Sen Najib Infrastructure such as the toll­free To achieve this goal, the government, Tun Razak, tabled the 11th Pan Borneo Highway over in East through Prasarana and MRT Corp, has Malaysia Plan (2015­2020) in Malaysia and the 325km­long toll­free kick­started a number of rail projects. parliament. This plan is dubbed as the federal route that will replace the Gua The ridership will increase when 'final leap', for Malaysia as a country, Musang and Karak­Tampin highways the Klang Valley Mass Rapid Transit to achieve a developed­nation status in will be upgraded. (KVMRT) becomes operational next 2020. In the central region, in particular the year. One of the aspects highlighted in this city of Kuala Lumpur and the Greater The line 1 of the KVMRT will cover a plan is the budget allocation for major Kuala Lumpur region, it will experience distance of 51km with 31 stations built infrastructure and development projects a bigger improvement in terms of public between Sungai Buloh and Kajang. This for the country in the next five years. transportation, a s the government is line alone will serve 1.2 million people Under the plan, Malaysians will be able looking to raise the utilisation of public with daily ridership expected to be to see transportation networks being transport by 40% from the current 400,000 people. improved to enhanced connectivity and 17.1% by year 2020. The first phase runs from Sungai Headline CONNECT WITH LRT 3 MediaTitle Property Insight Date 10 Jul 2015 Color Full Color Section NEWS Circulation 30,000 Page No 30TO32 Readership 90,000 Language English ArticleSize 1742 cm² Journalist Mak Kum Shi and Daniel Sim AdValue RM 17,464 Frequency Monthly PR Value RM 52,392

Buloh to Semantan, and the second connect Bandar Utama to Johan Setia, the LRT 3 will be able to transport more phase will begin sometime in year Klang. The construction will start in year passengers compare to other modes 2017. The Line 2 of KVMRT is slated to 2016 and is expected to be completed of transportation at the rate of 36,720 being in June 2016 which will connect and operation on 31 August 2020. passengers an hour. 52.2km connecting Sungai Buloh to This is a line that will have 25 "I think it is about time that there is Serdang and Putrajaya that is estimated stations of which only one station is an LRT station in Bandar Utama," said to become operational by 2022. (Read underground that will run over 36km. Megan, a student currently studying Property Insight, June 2015 edition for LRT 3 is expected to serve up to twc mass communication in Kolej Bandar detailed analysis of MRT 2). Besides the million people in the Klang Valley. It Utama (KBU) and a resident of BU6, MRT rail projects, there is also the third is expected to transport about 70,000 a prime residential estate in Bandar LRT project coming up. passengers daily with an end­to­end Utama. journey time of 51 minutes. "Here, we have the One Utama THE THIRD LRT According to a recent brochure shopping, one of the most happening The Light Rail Transit (LRT) 3 will circulated to the public by Prasarana, hangout places in Petaling Jaya, we are also near to IKEA, which is located in Mutiara Darnansara, but the traffic is PROPOSED STATION AND ROADS ADJACENT TO STATION horrendous at times," she adds. A check by Property Insight confirms this to be true, especially on weekends where double­parking in illegal parking 1 One Utama Persiaran Bandar Utama zones were common sight. 2 Darnansara Utama Jaian 5 Another good news is when LRT 3

3 Tropicana Jalan Tropicana Selatan 1 is fully developed and up in operation is that it also provide a total of 5,000 4 Lien Hoe Persiaran Tropicana parking lots at 10 selected stations by 5 Dataran Prima Lebuhraya Baru Lembah Klang (NKVE) year 2020.

6 Persada PLUS Lebuhraya Baru Lembah Klang (NKVE) "My friends who stay in the Greater Kuala Lumpur used to complain of the 7 Station 3 Persiaran Kerjaya long journey they have to take to reach 8 Temasya Persiaran Kerjaya Klang," said media sales executive Mark Law. S Glenmare Persiaran Kerjaya He said that with the LRT 3 completion, Persiaran Sukan 10 Stadium {Grand Sentral) it will definitely bring Klang to greater

11 Persiaran Hishamuddin Persiaran Hishamuddin heights. He felt that many people still thinks that Klang is just a small under­ 12 Section 14 Persiaran Dato' Menteri developed town, which is not true at all, 13 SIRIM Lebuhraya Pcrsekituan as Klang is not just developing. There

14 UiTM Lebuhraya Persckutuan are many other developments coming up such as the completed AEON 15 l­City Persiaran Permai shopping malls in Bukit Tinggi. 16 Bukit Raja Persiaran Bestari It is also a town famous for serving authentic 'Bak Ku Teh', and recently, 17 Kawasan 17 Persiaran Bukit Raja the halal version of 'Che Ku Teh', Jalan Meru 18 Jatan Meru consisting of halal chicken meat. 19 Klang Jalan Jamba tan Kota "The 36km route alignment is expected to be finalised by the fourth 20 Taman Selatan Persiaran Tengku Ampuan Rahimah quarter of this year," said Prasarana 21 Sri Andalas Jalan Langat managing director Azmi Abdul Aziz.

22 Tesco Bukit Tinggi Jalan Langat He stated that public inspection of the proposed route alignment has already 23 AEON Bukit linggi Jalan Langat begun in several locations such as the 24 Bandar Botanik Jalan Langat city councils of Petaling Jaya, Shah Alam and Klang, Kelana Jaya, Masjid 25 Johan Setia Jalan Langat Jamek and Pasar Seni LRT stations.

Source: Prasarana LRT 3 DEIA report One can also visit the Land Public Headline CONNECT WITH LRT 3 MediaTitle Property Insight Date 10 Jul 2015 Color Full Color Section NEWS Circulation 30,000 Page No 30TO32 Readership 90,000 Language English ArticleSize 1742 cm² Journalist Mak Kum Shi and Daniel Sim AdValue RM 17,464 Frequency Monthly PR Value RM 52,392

Transport Commission (SPAD) office located in KL Sentral from May 15 to ■ ■ The 36km route alignment is expected August 14 this year. ^ ^ to be finalised by the fourth quarter of 10 of the stations are expected to have park­and­ride facilities. Prasarana has this year" also planned to have several interchange ­ Azmi stations, beginning with Bandar Utama MRT station, Pelabuhan Klang KTM station and a proposed SIRIM Shah Alam Bus Rapid Transit (BRT) station. than the targeted cost, the fee would In the leisure sub­sector, the state It was quoted in The Star that be cut, in accordance with the agreed witnesses the soie transaction of Prasarana has identified the corridor formula. Prescott Hotel in Kiang. There are at but not the alignment as "we have to Looking at the map printed on the least three proposed stations in the comply with the Land Acquisition Act Prasarana officia Iwebsite, the 25 Klang region. They are Bukit Tinggi requirement". It also said that nine proposed LRT 3 stations are One station, Bandar Botanik station and billion Ringgit will be needed for the Utama, Damansara Utama, Tropicana Johan Setia station. construction alone or a total of RM250 station near the Damansara Toll Plaza, million per kilometre of construction. Lien Hoe, Dataran Prima, Persada Prasarana further stated that so Plus, Station 3 (the station has yet to SHOULD YOU BUY? far, seven companies have collected be renamed), Temasya, Glenmarie, According to S.K. Brothers Realty the Project Delivery Partner (PDP) Stadium, Persiaran Hishamuddin, general manager Chan Ai Cheng, "The application form, which must be Section 14, SIRIM, UITM, l­City, Bukit integration to the MRT is the added submitted in the first week on June, as Raja, Kawasan 17, Jalan Meru, Klang, benefit for Shah Alam and Klang as they Prasarana aims to award the project by Taman Selatan, Sri Andalas, Tesco can change trains at Bandar Utama and July. Bukit Tinggi, AEON Bukit Tinggi, Bandar head into KL city." Under PDP, the successful and Botanik and Johan Setia. "The park­and­ride is also a very qualified company will receive 6% fee According to Prasarana, 13 out of the important component in enhancing the of the total contract value of LRT 3. 25 stations have the potential for future connectivity, as it services a wider area Some of the companies believed to Transit Oriented Development (TOD). than those within walking distance to stand a good chance in bidding for the the stations." jobs for the proposed LRT 3 include PROPERTY MARKET REPORT "Generally, all infrastructure Trans Resources Corp Sdn Bhd, UEM According to property report by the improvements are to enhance Builders Berhad, Intria Bina Sdn National Property Information Centre connectivity, making distances closer, Bhd, Sunway Holdings Berhad, and (NAPIC), prices of residential property making it more convenient for 'rakyat' Malaysian Resources Corp Sdn Bhd recorded encouraging growth across to travel from their homes to the (MRCB). the board. Residential properties in workplace, providing alternative means Some of these companies have major prominent and established areas of transportation," added Chan. contract packages in the on­going RM7 continued to enjoy capital gains. She explained, "Locations close to billion Kelana Jaya and Ampang Lines The increment was proven by the LRT 3 station stand to benefit the LRT extension projects. substantial increases of more than most from the LRT3 facilities and Based on a recent visit by Property 16.0% in 2014 recorded for single and conveniences, and thus, enhancing the Insight to the SPAD office,Prasarana double­storey terraced units in up­ value of the property." seems to minimise land acquisition market areas such as Bandar Utama, She advised investors to note that as it is only proposing a two­ where there will be the proposed One when one invests in property near kilometre underground track with one Utama station. to LRT amenities, they should not underground station located in Shah Near the Temasya LRT 3 station, purchase it too near the stations, as the Alam. the double­storey terraced houses, noise produced by the LRT movement The rail tracks would mostly be an in Temasya Glenmarie, Shah Alam, could be a disturbance to some. elevated structure utilising the existing transacted the highest property price in She advised investors to invest in state and road reserve land. the state, at between RM1.2 million and properties with sufficient distance away Azmi explained that should the total RM2.31 million. from the LRT stations and do consider cost of the project should be less than There were also increments in other factors, such as the surrounding or equal to the targeted cost, the PDP property prices transacted for Section amenities and target market before qualifier would be entitled to the full fee. 13, Shah Alam where the proposed investing. However, if the project cost is more stadium station is located nearby.