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> LRT track near homes can decrease value?

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TSKampung2005
post May 18 2010, 09:08 AM, updated 16y ago

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http://streets.nst.com.my/Current_News/Str...234237/Article/

Is it really possible LRT track near homes can decrease the property value?
p4n6
post May 18 2010, 09:10 AM

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Of course not in front of your house ... walking distance will be preferable.
papayaman
post May 18 2010, 09:11 AM

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the noise tends to be annoying
hanifw
post May 18 2010, 09:12 AM

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depends on how close..

if really2 close, decrease value...

if around 500m - 1km distance, should increase value..
noobfc
post May 18 2010, 09:17 AM

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i think so, when the train whisk past, rumble rumble and noise

not to mention the odds of ltr derailing and smash into the house XD
akagidemon
post May 18 2010, 09:17 AM

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if the location is like in wangsa maju seksyen 2 where the rails are basicly above the houses then i think there will be a slight decrease in value. but if the property is a newly open property and the tracks is in walking distance then it should increase the property value such as the case in japan where houses nearer to public transport stations cost more to rent or buy compared to houses that are further away.
Muhammad Syukri
post May 18 2010, 09:18 AM

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all depends up to owner and buyers,their choices for me its really good la,its not like LRT gonna rn for 24 hours,late night sure can sleep la.
TSKampung2005
post May 18 2010, 09:20 AM

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QUOTE(noobfc @ May 18 2010, 09:17 AM)
i think so, when the train whisk past, rumble rumble and noise

not to mention the odds of ltr derailing and smash into the house XD
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Noise barrier can be built hmm.gif
akagidemon
post May 18 2010, 09:27 AM

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noise barriers can be built but the feeling of the train going pass every few minutes is not pleasant to say the least.


cutejams2004
post May 18 2010, 09:30 AM

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As matter of fact i see an opposite effect. Fo example, look at the condo built right beside the Terminal putra lrt station. The properties value is extremely high compared to the other condos around the area. I guess its because of the convenience it poses to working people who need not drive their car but instead just take the lrt daily (kelana jaya line).
SUSHidan
post May 18 2010, 09:30 AM

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Should be. Imagine everyday sleeping we hear the LRT zoom past us.
abbychan87
post May 18 2010, 09:30 AM

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too far decrease value, too close decrease value as well
TSKampung2005
post May 18 2010, 09:36 AM

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QUOTE(Hidan @ May 18 2010, 09:30 AM)
Should be. Imagine everyday sleeping we hear the LRT zoom past us.
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By the time people are sleeping, LRT is not in operation...
dvinez
post May 18 2010, 09:36 AM

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usually increase, if not for own living you can use also for rental.
last time those those in desa setapak/wangsa maju is 60k only..now 200k-300k..
but if own stay choose unit which is in walking distance, dont too close.
t3chn0m4nc3r
post May 18 2010, 09:38 AM

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Mentari court value low but Ridzuan and Suria Mas high... brows.gif
v1n0d
post May 18 2010, 09:40 AM

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QUOTE(Kampung2005 @ May 18 2010, 09:36 AM)
By the time people are sleeping, LRT is not in operation...
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Some people sleep early.
TSKampung2005
post May 18 2010, 09:43 AM

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QUOTE(v1n0d @ May 18 2010, 09:40 AM)
Some people sleep early.
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What if the level is 50 to 60 dB?
SUSrainy~days
post May 18 2010, 09:47 AM

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QUOTE(Kampung2005 @ May 18 2010, 09:43 AM)
What if the level is 50 to 60 dB?
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every 15~30min no matter what db it will still be annoying...

not really a good idea unless they do the train stop next to the building... then the price of the buildings will rise tho...
Omage007
post May 18 2010, 09:47 AM

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QUOTE(dvinez @ May 18 2010, 09:36 AM)
usually increase, if not for own living you can use also for rental.
last time those those in desa setapak/wangsa maju is 60k only..now 200k-300k..
but if own stay choose unit which is in walking distance, dont too close.
*
Do you know the difference between [LRT track] and [LRT station]???
akagidemon
post May 18 2010, 09:48 AM

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it not on the technical side that bother people. we can built sound barriers and even walls on the tracks but it is the feeling of people in trains zooming past houses that they may see sumthing that is not should be seen.

like the old saying goes, out of sight, out of mind. maybe we can camo the tracks or sumthing.

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