Many people are looking for apartments or houses near the MRT station in Kuala Lumpur and Selangor to enjoy the convenience of connectivity to the city. Location is one of the key considerations in home ownership. A close proximity to the MRT stations provides an alternate transportation option for those without their own vehicle. A faster commute to the work place is also a determining factor when it comes to purchasing a home.
Apartment Near MRT Station Malaysia
Apartment near MRT stations usually enjoy higher demand. Connectivity to the various parts of Greater Kuala Lumpur is one of the key attraction. Other rail networks that connects to MRT such as LRT and KTM Komuter also eases travel in the city.
MRT Line 1 Completed in 2017
The completed MRT Line 1 (in 2017), opens up access to 31 hotspot stations spanning 51 kilometers. As the MRT begins from the suburbs of Sungai Buloh and cuts through major areas in the city including the Central Business District (CBD), those who live near the MRT station will have the ease of traveling to and from without the need to use private vehicles.
Living near the MRT station gives the occupants and tenants a choice to travel using public transportation – a combination of the integrated rail network and feeder buses to travel to choice destinations. It helps to reduce global warming in the city as well as encourages urban dwellers to do their bit to save the earth, thus living in an apartment near MRT will be a good choice.
With the increased cost of car ownership, expensive car maintenance, highway & toll, high parking fees in the city, and volatile petrol prices – it makes a lot of sense for city dwellers to opt for apartments near MRT stations. Living within walking distance to the MRT stations will open up the opportunity to travel to work using MRT and thus incur fewer travel expenses. With cheapest car prices going at mid-twenty thousand right up to a hundred thousand or so, car ownership need not be a necessity for city dwellers in time to come.
New properties that are built near the MRT stations or with direct links to the MRT stations are priced sky high – averaging RM500 to RM1,300 or more per sq ft. This means that even a 600 sq ft property can cost around RM600,000! You can expect to pay anywhere between half a million to RM1.5 million for a decently sized brand new apartment near MRT stations. If budget is a concern, send us an enquiry (below) and our partner realtors can help you to source for your ideal home within the requirements you have.
Alternative Apartment Near MRT Stations
You need not opt for brand new, luxurious apartments that are being built near MRT stations. Unless you have a large budget, these properties may not be an ideal cup of tea for you. A house purchase should always be within your ability to pay and not be an exorbitant amount that can lead you to lose your property when you are not able to finance the monthly repayments.
Go for apartments near MRT that are slightly further and that are not so new. If you renovate the apartment, it can still look new and fresh like a new property. Furthermore, it will be far more affordable compared to the spanking new apartments near the MRT that are built by housing developers. You might not be able to take a 5-minute walk to the MRT station but probably the walk will take 15 to 30 minutes. However, in terms of affordability, it could very well be within your range of budget.
Here’s a list of things to look out for a bargain apartment purchase :
- Look at Google Map and identify areas within 500 meters to 1 kilometers away from the MRT station.
- Search for property listings that are available for sale / rent in those key areas.
- Check out if there is a clear path for you to walk to the station. If you choose a property across a river, then make sure that there is a passable and safe bridge for your daily commute.
- Check for bus service and/or feeder buses.
Look for good bargains for apartments near MRT stations, and you might just find a perfect property that suits your requirements and budget.