New MRT Lines for KL

In my previous post of LRT Extension, I did provide links for information regarding the LRT extension project. In addition to that post, I would like to share a few more links which provide extra information regarding this project and a possible future MRT project for the Klang Valley.

My previous post does not include the exact location of the new LRT stations that will be built. From Patchay.com, these are the 13 locations where the new stations will be built for Kelana Jaya Line extension: Aman Crimson, Subang Depot, Kelana Centre Point, Subang Parade, Jalan Jengka SS15, Jalan Jengka SS18, USJ7/Subang Perdana, USJ8/Goodyear C3/Taipan,Wawasan School USJ14, Tropika Paradise USJ21, Seksyen 27, Alam Megah Seksyen 28 and Giant Putra Heights.

For the Ampang-Sri Petaling Line extension, these are the new 13 locations where the stations will be built: Taman Esplanade/Bukit OUG, Kampung Muhibah, Bukit Kinrara 9, Giant Bandar Kinrara, Kinrara Industrial Part/Taman Puncak Kinrara, IOI Mall, Tesco Puchong/Bandar Puteri, Rakan Muda Complex, Batu 12, Puchong Perdana/Indah, Puchong Prima, Kampung Tengah/Sri Aman and Giant Putra Heights.

In addition to the LRT extension project, I came across another public transportation project for the Klang Valley. However, this information has not been officially released in the main stream media. The reason I guess is because the feasibility study is still under way. The project is dubbed Kota Damansara - Cheras New MRT Line. I first encountered about this project through a forum. Since then, I've tried to search around and found these information at Patchay.com, transitmy.org and skyscrapercity.com.

The project is said to be 42km long and will possibily extend to the Sungai Buloh KTM from Kota Damansara to allow integration with KTM Komuter. It will cost around RM25 billion and will be part of 10th Malaysian Plan. It will start construction in 2012 and will take approximately 4-5 years to complete. Among hotspots that the new MRT line will service are Mutiara Damansara, Bangsar Shopping Centre, Bangsar Village, Nu Sentral, Pavillion KL, Sungei Wang, Berjaya Times Square, Cheras Leisure Mall, Plaza Phoenix and Bandar Tun Hussein Onn.

The reason I highlighted about these projects are the snowball effects they will bring to the surrounding area. Obviously, an area with good public transportation accesibility will fetch good capital appreciation and also rentals. For the LRT extension project, the obvious beneficary is of course Putra Heights with both Kelana Jaya and Ampang Lines meeting there. But unfortunately, there are not many apartments/condos around this area which can be a potential hit for property investors.

In case you are looking for properties either for staying or investment purposes, do study these 2 projects before making any decision. Eventhough the new MRT line is still at its early stages, be mindful the effects that it can bring to your property value when it's in place. However, I must caution here that the routes are likely to change when the feasibilty study is complete. As has been seen in the initial route for the LRT extension and the one announced by the government in August. Nevertheless, some info is better than no info at all.