Should you buy property near LRT or MRT stations?
Public transportation in Malaysia is advancing and improving especially in the Kuala Lumpur and Selangor area. Mass rapid tranist (MRT) has been expanding in the KL area and sprawling across the Selangor over the past few years with government’s initiative. Combined with the existing Light Rail Transit (LRT), monorail, KTM komuter, KLIA Express and KLIA Transit systems that gives convenience for the residents nearby the stations to commute on daily life. Properties situated around the vicinity of the MRT stations are in great demand and this has proven in Singapore, Hong Kong, Taiwan and China. These properties are usually fully occupied and high rental yields especially commercial properties, similarly like the bustling Old Klang Road area where it was developed way before the Federal Highway was built. Property investors are hoping to earn their gold bucket and jump into their bandwagon by investing properties located near MRT stations. It is true that many have earned thei...