BY VIKTOR CHONG
viktor@mystar.com.my
Sometimes it might be just too close
PETALING JAYA: While buying close to the public transport infrastructure is becoming a trend these days, the properties that are too near to the LRT or MRT stations might not enjoy an appreciation in value, said property speaker Ahyat Ishak.
He added that this is due to the constant noise generated by the people, which would disturb the tranquility of the residences.He believed that it is ideal that the property must be within walking distance from the train stations.
“A good property has a set of unique features that ensure its marketability. Such properties must be located near to working places, shopping malls and to public transport,” he said.
According to him, the rationality for such attributes is that the wage earner of the family requires easy access to go back and forth from house to work. The proximity to shopping
malls, on the other hand, provide the element of recreation for the family during leisure times.
“What is a property map? It’s basically a map that shows land use, Maps do not lie but humans do,” said Ahyat, who gave some tips on how to read a map.
He said that the places to be paid attention to are the open ends of the LRT and MRT lines.
According to him, the areas of the Northwest and the Southeast open ends allow a person to have transport access to vast areas across Kuala Lumpur.
He said all one needs to do is to go to Kajang to ride the MRT and he or she will be in Kuala Lumpur city centre, which illustrates the point of having a residency in these areas.
He also added that most property investors are currently fixated towards residential areas that are near the LRT stations.
On this, Ahyat suggested that the investors should pay attention to properties that are within walking distance to the feeder bus routes. However, Ahyat said that this strategy is more catered towards the working class.
Ahyat recently spoke at the Property Mastery Conference 2017.