Should You Buy Property Near An MRT Station?

The Klang Valley Mass Rapid Transit (MRT) project involves the construction of a rail-based public transport network. Together with the existing Light Rail Transit (LRT), monorail, KTM Komuter, KLIA Ekspres and KLIA Transit systems, it will form the backbone of the Greater Kuala Lumpur/Klang Valley region. This integration will likely enhance property prices as it is expected to improve inner city connectivity. The first MRT line to be implemented will be the 51km Sungai Buloh-Kajang line. The line will have 35 stations and is expected to have a ridership of over 400,000 passengers per day when completed in 2017.

List of station / route map

When the MRT-SBK(Sungai Buloh-Kajang) Line is completed, commercial property in the vicinity of MRT stations will be in great demand. This has proven true in Singapore, Hong Kong and Taiwan, where commercial and retail premises located near MRT stations enjoy good occupancy rates and high rental yields. The same scenario will likely take place in Malaysia as well.