Dear Property Guru,
Are properties located near major expressways valued significantly lower? (high traffic sound level, dust etc.) And,do properties with the MRT line running just in front (but about 1 bus stop away from the mrt) fetch lower prices? Thank you so much!
Posted by HY Wong on Mar 7, 2008 in General Questions | 722 Views
Latest Answers by Real Estate Professionals (1 Answers)
Answer Posted on Mar 10, 2008
Hi Mr Wong.To answer your question, yes, location near expressways & MRT tracks may affect valuation,but there are alot more factors which determine the valuation.Such as high/low flr, layout, proximity to amenities etc.
At the end of the day, you will have to weigh the pros & cons to determine a good yet achievable selling price. Hope this answer helps you.
At the end of the day, you will have to weigh the pros & cons to determine a good yet achievable selling price. Hope this answer helps you.
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