QUOTE(Jason @ May 26 2016, 09:07 PM)
Seems many experts here, maybe I can get some insight from you guys.
My terrace house is ~30 years old, and it always trip at the slightest lightning strikes. Even when my neighbour right next door don't trip. How do I reduce this?
The house got this installed, and as you can see its very old, I assume its an ELCB. Would upgrading this to a RCCB help? Or would it become more sensitive over time (deteriorating components inside).

First off.. Please be aware you are expected to rewire your house after 20-30 years..
The main reason is the wire pvc insulation degrades as it gets older and if pvc is exposed to heat it degrades even faster.. Old pvc becomes brittle and its insulation property changes from being an insulator to becoming partly conductive..
So once you mention 30 year old house, any wireman will automatically go hmm old wire.. many shorts.. many trips better ask him rewire his house..
So if you ask me..
I 'll say hmm.. 30 years old house, old pvc wire => bad insulation everywhere +> sure many tripping..
Nothing wrong with your elcb (even if its old, but I would change it anyway), but the newer standard is rcd (residual current device) eg. rccb or rcbo they work the same..