According to sources from Malaysian Land Public Transport Comission (SPAD), the HSR project ticket will cost less than RM 200 one way while it will cost less than RM 400 for return tickets to cater for all market segment. On the Singapore side, the ticket is expected to cost around SGD $80 to to $90 per trip or less than S$ 150 for round trip. The ticket prices are determined by average airline price.
Previously there were speculations that the ticket will cost as much as RM 600 to RM 800 round trip due to high cost of setting up the HSR project. The lower ticket price would make the project more feasible to all segments in the market while return of investment will take much longer. The HSR project may also have an impact to the airline and bus transportation industries between Malaysia and Singapore
The initial phase of HSR is 300km long connecting Singapore to Kuala Lumpur, Malaysia. Terminus Singapore will start at Jurong while Terminus Malaysia will start from Bandar Malaysia which is located in Sungai Besi. According to Malaysia’s Prime Minister Datuk Seri Najib Razak, the project should be completed within 5 years time starting from 2016 while it will take the first year to complete the tender and project design phase. Thus, HSR project is expected to be functional around year 2021.
Although there are some doubts whether the project can be completed within the timeline, Chinese firms have assured the completion of HSR project in 5 years time should it be awarded the HSR project. HSR is expected to provide benefits to both countries in terms of tourism, trade, business and bilateral relation.