MRT3 Circle Line Tenders Expected to Restart by Mid-2026, Says MBSB Research

The MRT3 Circle Line project has reached a key milestone, with construction re-tendering expected to begin by mid-2026 following the expiry of MRT Corp’s final tender validity extension in March 2024. The re-tender is widely anticipated due to refinements in project alignment and station locations, together with a significant optimisation of land acquisition requirements, which have been reduced by approximately 32% from 1,012 to 690 land parcels, with acquisition targeted for completion by end-2026. Based on current projections, construction of MRT3 may commence in calendar year 2027 and continue until 2033, providing a long-term pipeline of activity for the construction sector after the expected completion of the Johor–Singapore RTS and the East Coast Rail Link (ECRL) by end-2026.

Research houses continue to maintain a positive outlook on the sector, with leading contractors such as Gamuda Berhad and Sunway Construction Group Berhad expected to emerge as key beneficiaries of the MRT3 project. Other established players, including IJM Corporation Berhad, Malaysian Resources Corporation Berhad, WCT Holdings Berhad and Gadang Holdings Berhad, are also viewed as potential main contractors, while subcontracting opportunities are expected to benefit specialised builders across the industry. Further details on the MRT3 funding mechanism, revised cost estimates and re-tendering plans are anticipated to be announced under the 13th Malaysia Plan or during the tabling of Budget 2026.

The MRT3 Circle Line, a 51-kilometre orbital rail route, will complete the Klang Valley Mass Rapid Transit network by circling Kuala Lumpur and integrating with existing MRT, LRT, KTM and Monorail lines through 10 interchange and connecting stations. The line will comprise 31 stations, with 40km of elevated track and 11km underground, significantly enhancing cross-city mobility and reducing reliance on congested city-centre routes. For property buyers and investors, large-scale rail infrastructure has historically supported stronger demand, improved rental prospects and long-term capital appreciation, particularly for developments aligned with transit-oriented planning. As a transit-oriented development within the Klang Valley, Enlace Suites stands to benefit from enhanced connectivity, improved access to major employment hubs, and the completion of the MRT network loop, reinforcing its position as a future-ready residential and investment choice in Kuala Lumpur.