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HomeNewsAl-Salam REIT and MRT Corp sign an agreement to construct a pedestrian...

Al-Salam REIT and MRT Corp sign an agreement to construct a pedestrian bridge

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AL-Salam REIT and Mass Rapid Transit Corporation Sdn Bhd (MRT Corp), through its subsidiary Malaysia Rapid Transit System Sdn Bhd (MRTS), have signed a memorandum of understanding (MoU) to construct a pedestrian overhead bridge (POB) with an estimated cost of RM10 million to RM15 million.

The air-conditioned POB will be approximately 42 meters long and will connect Komtar JBCC to the planned bridge of the Bukit Chagar Link Rapid Transit System (RTS) station. The completion of the bridge is projected for 2027, with construction already underway and expected to finish by December 2026, ideally before the RTS is fully operational.

Mohamad Fazli Mohamad Salleh, the chairman of Johor’s works, transportation, and infrastructure committee, highlighted the benefits of the bridge. It will offer passengers a convenient and safe route between the station and the shopping center, as well as the Ibrahim International Business District and the Customs, Immigration, and Quarantine complex in the Sultan Iskandar Building.

The initiative aims to not only improve pedestrian access but also boost the income potential of Komtar JBCC and the surrounding area.

The MoU signing took place between the CEO of AmanahRaya Trustees Bhd, representing Al-Salam REIT, and MRT Corp’s RTS Link project director.

The chairman of Damansara REIT Managers Sdn Berhad (DRMSB), Datuk Mohd Redza Shah Abdul Wahid, emphasized that the upcoming opening of the RTS Link station in 2027 will significantly enhance Komtar JBCC’s accessibility. This is expected to lead to a substantial increase in footfall, with the influx of RTS Link passengers potentially doubling the pre-pandemic numbers.

The increased foot traffic is anticipated to drive business growth and result in higher rental rates, thereby revitalizing the earning potential of Komtar JBCC.

Al-Salam REIT, a real estate investment trust primarily owned by Johor Corporation and managed by DRMSB, is involved in the project.

The RTS Link is a four-kilometer shuttle train network connecting Singapore’s North Woodlands station to Malaysia’s Bukit Chagar station. It is designed to accommodate up to 10,000 passengers per hour.

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