It is a positive move long overdue by both Malaysia and Singapore government. 90 minutes for point to point will make a huge economy zone for both countries. Probably there is no choice but a counter agenda for That Canal or Kra canal. However, both things I believe is good to benefit South East Asia and further given a boost to ASEAN.
We will not stop investing in this region as we believe it is going to be the largest market of the world. ASEAN plus one is exactly the concept to counter EU and North America. From construction to property companies, from materials to banking and so on. Even MREITs and SGREITs may enjoy huge capital growth due to new valuation after this project announced in long run.