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Sime Darby’s 4,388ha of Labu land and High Speed Rail

Posted in Property Seremban, and Property, KL / Selangor

Have you read negative news for the High Speed Rail (HSR) recently? if you have not, I think you have not read enough. Haha. Yes, there has been many negative news and reports but on a personal note, I want HSR to succeed. I think this is another catalyst for continuous economy growth development for both countries. We will only know in 2026 though. Let me share another positive note for a top developer in Malaysia; Sime Darby.

Reported in a few medias, many developers are already eyeing the High Speed Rail KL – Singapore as a catalyst to their property developments. Especially developers with lands within the route. One of them is Sime Darby with huge tracts of land in Negri Sembilan and Johor. It announced recently that it has started talking to MyHSR Corp – the project delivery company on the development potential of its land surrounding the proposed stations in Labu, Seremban and Pagoh.

In a report by JP Morgan, it named the following developers who will benefit from the HSR project. Yes, these can also be the stocks that we buy should we believe the HSR will help them realise a higher value for their developments around the HSR. The list include Sime Darby, UEM Sunrise Bhd, Sunway Bhd, Eco World Development, Mah Sing Group, SP Setia Bhd, Malaysian Resources Corp Bhd, Eastern & Oriental Bhd, IOI Properties, and Matrix Concepts Holdings Bhd. One particular one would be Sime Darby as it has 4,388 ha. There is a possibility that one of the site for the planned HSR stations could be within its Labu (Seremban) land. Anyway, nothing is certain until the agreement is inked for the HSR end of 2016. These land owners may also be selling or buying other tracts of land too. Happy following.

written on 17 Aug 2016

Next suggested article:  RM3 billion target by Sime Darby property with new launches



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