Deal on KTM land swop

April 5, 2011 by  
Filed under News

By Lydia Lim, Sep 20, 2010.

SINGAPORE and Malaysia have agreed on a revised land swop deal on the Malayan Railway land following breakthrough talks between the leaders of both countries on Monday.

Malaysian Prime Minister Najib Razak accepted offer by Singapore for four land parcels in Marina South and two pieces in Orphir-Rochor in exchange for three parcels of KTM land in Tanjong Pagar, Kranji and Woodlands, and three pieces in Bukit Timah.

M-S Pte Ltd, a 60-40 joint venture between Khazanah Nasional Bhd and Temasek Holding, will handle the six Singapore land land parcels for joint development when KTM vacates the Tanjong Pagar railway station to the Woodlands train checkpoint by July next year. Malaysia will also co-locate its railway Custom, Immigration and Quarantine (CIA) facilities to the Woodland checkpoint.

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Source: Straits Times

KTMB station in Tanjong Pagar to relocate to Woodlands by July 2011

April 5, 2011 by  
Filed under News

By S Ramesh, 24 May 2010.

SINGAPORE: Singapore and Malaysia capped a historic day in relations on Monday with agreement on a long outstanding bilateral issue.

After 20 years, both sides have arrived at a solution on the Malayan Railway Land in Singapore.

The leaders of the two countries agreed to move the station at the heart of the city centre in Tanjong Pagar to Woodlands Train checkpoint, near the border by the 1 July 2011.

The smiles said it all – of a retreat that has been fruitful with significant moves.

The centrepiece must surely be the issue of the railway land and lines, spelt out in the Points of Agreement (POA) signed in 1990.

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Source: Channel NewsAsia