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Asked by Collin, Joe 28 Sept 2011

What will be impact the price of private property if a highway is going to build near by?

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Mike Lim · Answer 1 · 2011-09-28T15:15:12+08:00

Mike Lim

Replied 28 Sept 2011

Afternoon Collin,

In my view, properties that are very near to highway will have problem getting buyers. However, if the highway is built within minutes from the residency, then it can help to push up the price.
Hence it would depend on how near you are talking about. I would not want to buy a unit that's beside the highway, lesser to speak if it's also facing the higway.

Regards
Mike Lim
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ERA Read More

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Catherine PANG · Answer 2 · 2011-09-28T21:59:44+08:00

Catherine PANG

Replied 28 Sept 2011

Some buyers will prefer less noisy units. The demand ratio will affect the price. www.catherinepang.com Read More

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