22/08/2024
Many have mentioned the benefits of living close to public transportation, but have you thought about why it should be one of your main priorities when picking out your future property? Weโll tell you why.
๐๐ฑ๐ญ๐ซ๐๐ฆ๐๐ฅ๐ฒ ๐๐จ๐ง๐ฏ๐๐ง๐ข๐๐ง๐ญ
Hereโs an obvious benefit. Living close to an MRT or LRT stationโand by extension, access to RapidKL busesโwill make it extremely convenient for you to get around town. You may find that youโre not even relying on your car as much!
๐๐ซ๐๐๐ญ ๐๐จ๐ซ ๐๐ง๐ฏ๐๐ฌ๐ญ๐ฆ๐๐ง๐ญ
Properties close to public transportation tend to appreciate in value much faster than any other property. Whether youโre planning to sell your property later on or rent it out, youโll never have to worry about making a profit.
๐๐๐ฌ๐ฒ ๐ญ๐จ ๐๐๐ง๐ญ ๐๐ฎ๐ญ
Accessibility is one of the big factors that renters look for in a property. With a home thatโs close to public transportation, youโll always have a steady stream of interested tenants wanting to rent your home.
๐๐ซ๐จ๐ญ๐๐๐ญ๐ข๐จ๐ง ๐๐ ๐๐ข๐ง๐ฌ๐ญ ๐๐ง๐๐ฅ๐๐ญ๐ข๐จ๐ง
We already know that owning property is a pretty good hedge against inflation. Regular property appreciates at a 4-8 percent rate each year. Good property such as one thatโs close to MRT and LRT stations will appreciate much more than that.
๐๐๐ข๐ ๐ก๐๐จ๐ฎ๐ซ๐ก๐จ๐จ๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐จ๐ญ๐๐ง๐ญ๐ข๐๐ฅ
New neighbourhoods surrounding an MRT or LRT station may seem sparse, but the long-term opportunities are there. Properties close to accessible public transportation will continue to be popular, and this will attract other business opportunities to grow there. Soon, the neighbourhood will be a thriving community with schools, shops, recreational areas, and more.