Ceteris paribus means "if all else equals", its also used predominantly in economics. It seems like u dont even know that.

Let me pull out the article i got from gooling mrt properties in malaysia 2017 the edge.

https://www.theedgemarkets.com/article/home...best-performers


Homes near LRT/MRT among 2017’s best performers

"DESPITE the current property market slowdown, there are still some residential properties in Kuala Lumpur and Selangor that have seen strong transacted price growth in 2017. Notably among these properties, many were located near light rail transit (LRT) and mass rapid transit (MRT) stations. The positive impact from the enhanced rail transport infrastructure, especially with the completion of the Kelana Jaya LRT extension line and the MRT Sungai Buloh-Kajang line, cannot be denied — some of these projects even recorded double-digit price growth in 2017.

The latest data in the Malaysian Property Market Report 2017 published by the Valuation and Property Services Department (JPPH) recently showed that certain terraced houses, apartments and condominiums had witnessed significant capital appreciation. This was particularly evident among non-landed residential properties located near LRT, MRT and KTM Komuter stations."


I dont actually have a strong opinion on this. But the facts disagree with your comments.

Just off the top of my head, without much thinking. I can think of several mrt properties(low cost), that fetches a rental that is almost double of property without rail connection. Im talking about those low to medium cost apartments.

no matter it is MRT or LRT or Monorail. As long as there is nearby public transport it is consider OK for property value.

The tenant base in KV is primarily local young adults and the temporary work force. Convenience and connectivity is key so of course proximity to public transport is worth more.

The question is how close is desirable and whether it’s offset by the premium. Some people like to stumble out of bed into a station. Others may prefer something up to half a km away - close but not too close.

Not really. DPC and MK appreciate without a station, not to say those landed prop in KV, did bukit tunku, bangsar or Damansar Height landed appreciate due to lrt? Even surround twins tower prop appreciate, not becos of that klcc station, without twins tower, that station just another stop, nothing else.

Ease letting out better ROI mayb yes with a station nearby, ecspecially those lower end prop which expect better demand to lrt

Ok let’s preface by saying that in the absence of being in a higher socio economic area then yes public transport is a plus point for investment.

The areas you mentioned work on different fundamentals - mainly the community and prestige factors. They only cater to a niche segment for rental besides MK and DPC units.

Not many new places without MRT LRT can be like MK or DPC. To play safe it's still properties near mrt lrt best. Just try to find the best deal or lowest price lor.

Sad is now developer selling lrt price, any 500m lrt launch property, they selling you premium + price, pupil pay 3-5k rental per month, hardly just depend on lrt factor alone to justify the rental rate.

Those worthy mid low prop, mostly still in subsale, new one normally developer already add 'lrt cost' for you. Making it premium high end prop. but quality unknown.

aside landed which is rare in kl city right now

no new vped property will appreciate in value, be it mrt or not
but there is big difference in rental be it demand or rental rate for those with lrt mrt

but if it is too near to lrt mrt like link bridge to mrt definitely is more towards investment, take skyline as an example, directly beside lrt pudu with 2.2k units, more than 70% is for investment

it won't worth more in terms of capital appreciation, but it does have more demand for from tenants.

finally, stations with rich office workers taking lrt mrt is klcc station
you wouldn't wanna drive there in peak time which result in ultra sardine in klcc lrt station

go search ibilik for seri puteri condo, just directly beside lrt cheras

completed in 2011, was selling around 2xxk that time, rental now for master room still 1000

and look at exsim millerz old klang road without public trasnport, net price about 700k, master room also 1000

Hearsay there’s one condo near MRT kuchai lama, construction stop one year, many feared the worse is happened

Many kuchai lama people stayed nearby there also know that the buyers currently bleeding money with no lights at the tunnel


This post has been edited by jehhlim: Sep 17 2022, 05:43 PM

That’s to do with the developer and not so much about the location. People need to be wary of all the new developers that popped up past the property boom of 2014. It was seen as low hanging fruit to diversify from their core business and churn a profit. Obviously things have changed drastically since then and many may flounder if not completely fail in today’s conditions.

This post has been edited by Cavatzu: Sep 17 2022, 06:27 PM

Amazing! Projects from decent developers and near public transport always have good potential

Malaysia will never like Hong Kong even if the MRT station just next to their resident building. It is because in HK although car is cheap but fuel price is triple compare to ours and also most apartments in HK do not come with carpark while Malaysia new condo is start giving 2 carpark even for small unit.

Another big problem of Malaysia public transport is walkway is not favourable. Malaysia is a tropical country comes with hot sun or heavy downpour. We should learn from SG that the bus station is closer to their apartment and proper undercover walkway in prime area that people feel comfortable to walk even in sunny or raining day.

Not necessarily true. Myself kena burned in one development with direct walkway to MRT (reputable developer). But I attribute this to the "premium" selling price and the location (next to industrial area with no commercials nearby). However i believe the bottom has been reached. The only way is up now...

which mrt station?
btw are your unit facing mrt track? is it noisy?

Which MRT Station are you referring to please?

Kg. Selamat MRT. Unit facing another development so no MRT noise

buy and rent out

Based on my interactions with him, it’s SqWhere Sungai Buloh MRT.

Well the issue for one is that it’s Sungai Buloh and it was sold at a way premium price by SDB. Like literally double the going rate for the area. But they were sold on all the infrastructure in Kwasa that hasn’t happened yet.

The cautionary tale is if you were sold on a large scale fictional infrastructure project then don’t be too early or at least wait for that project to be near completion or you will suffer in the first few years and this is usually a pivotal time for all new property owners.