http://streets.nst.com.my/Current_News/Str...234237/Article/
Is it really possible LRT track near homes can decrease the property value?
LRT track near homes can decrease value?
LRT track near homes can decrease value?
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May 18 2010, 09:08 AM, updated 16y ago
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#1
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3,028 posts Joined: Feb 2005 From: 梅田,大阪 //Sabah |
http://streets.nst.com.my/Current_News/Str...234237/Article/
Is it really possible LRT track near homes can decrease the property value? |
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May 18 2010, 09:10 AM
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#2
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Senior Member
5,974 posts Joined: Jan 2003 From: KL, Malaysia |
Of course not in front of your house ... walking distance will be preferable.
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May 18 2010, 09:11 AM
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#3
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124 posts Joined: Jul 2009 |
the noise tends to be annoying
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May 18 2010, 09:12 AM
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#4
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389 posts Joined: Jan 2003 |
depends on how close..
if really2 close, decrease value... if around 500m - 1km distance, should increase value.. |
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May 18 2010, 09:17 AM
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#5
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753 posts Joined: Jan 2008 |
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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May 18 2010, 09:17 AM
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#6
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453 posts Joined: Nov 2007 From: Between Reality and Fantasy |
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.
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May 18 2010, 09:18 AM
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#7
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821 posts Joined: Mar 2009 |
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.
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May 18 2010, 09:20 AM
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#8
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3,028 posts Joined: Feb 2005 From: 梅田,大阪 //Sabah |
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May 18 2010, 09:27 AM
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#9
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453 posts Joined: Nov 2007 From: Between Reality and Fantasy |
noise barriers can be built but the feeling of the train going pass every few minutes is not pleasant to say the least.
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May 18 2010, 09:30 AM
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941 posts Joined: Aug 2008 From: in a place called the "world" |
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).
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May 18 2010, 09:30 AM
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330 posts Joined: Dec 2008 |
Should be. Imagine everyday sleeping we hear the LRT zoom past us.
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May 18 2010, 09:30 AM
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382 posts Joined: Mar 2010 |
too far decrease value, too close decrease value as well
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May 18 2010, 09:36 AM
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3,028 posts Joined: Feb 2005 From: 梅田,大阪 //Sabah |
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May 18 2010, 09:36 AM
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1,475 posts Joined: Dec 2006 From: Paradise |
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. |
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May 18 2010, 09:38 AM
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4,139 posts Joined: Sep 2006 From: Internet |
Mentari court value low but Ridzuan and Suria Mas high...
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May 18 2010, 09:40 AM
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3,197 posts Joined: Mar 2007 From: Kuala Lumpur, Malaysia |
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May 18 2010, 09:43 AM
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3,028 posts Joined: Feb 2005 From: 梅田,大阪 //Sabah |
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May 18 2010, 09:47 AM
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May 18 2010, 09:47 AM
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3,009 posts Joined: Jan 2003 From: Between Penang & KL Joined : November 2009 |
QUOTE(dvinez @ May 18 2010, 09:36 AM) usually increase, if not for own living you can use also for rental. Do you know the difference between [LRT track] and [LRT station]???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. |
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May 18 2010, 09:48 AM
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453 posts Joined: Nov 2007 From: Between Reality and Fantasy |
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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