The Klang Valley MRT Line kicks off with the Phase 1 of the Sungai Buloh-Kajang (SBK) Line on Friday. This will not only benefit commuters but also property owners around the stations.<\/p>\n
There was already a \u201cpositive response\u201d when Phase 1 of SBK was announced, said Datuk Ng Seing Liong, the past president of Real Estate and Housing Developers\u2019 Association Malaysia (Rehda).<\/p>\n
\u201cWith the MRT Line in operation, we can expect roughly a 5% to 10% increase in the value of the properties,\u201d said Ng.<\/p>\n
This sentiment was shared by Chang Kim Loong, the secretary-general of the National House Buyers Association, who said that properties with good connectivity would fetch higher prices and have better capital appreciation.<\/p>\n
Property buyers who are eyeing properties around the MRT stations should do their own research on the location and the property prices, Chang advised.<\/p>\n
\u201cDoing your own homework will pay off significantly in the search for your dream home,\u201d he added.<\/p>\n
Potential buyers should also research on the developers to ensure that they only purchase properties from developers who are financially sound and has a good track record.<\/p>\n