How the extension stations connect after completion...
If you are a prospective buyer, information that there is going to be an LRT station within walking distance must be a plus point. That the price of Rm350,000 for a freehold 950 sq ft furnished condo within KL should be attractive enough.
Earlier, I tried to search for more info on the LRT stations supposedly under construction, but the nearest I could get was someone correcting another in a forum discussion, that the nearest is not OUG Heights (1,000 metres away) but PPR Taman Muhibbah (700 metres away).
This morning, I am glad I found Prasarana website on LRT Line Extension projects, which confirms that Station 2 (Kg Muhibbah) is under construction and should be ready by end of 2014. Was it for all the stations? As the date of the statement was 13 March 2012, we should bear in mind there might be inaccuracies as a result of delays. For example, if work started 'last September' and 'works for all stations should be completed within 22 months from the first piece of work', then Station 2 should have been completed by July 2013. So has it been completed?
The thing about having a LRT station near you: it should preferably be near enough to walk, but not too near to be a nuisance. Generally, I expect the condominums to appreciate in value once the LRT stations are up and operational.
For more information on the LRT extensions:
http://www.lrtextension.com/top-headline/prasarana-lrt-line-extension-projects-gains-further-momentum
For an overview of how Ampang Line and Kelana Jaya Line would join at common station 13 (Putra Heights) after completion; click on a station icon to see its progress...
http://www.lrtextension.com/top-headline/lrt-extension-project-progress-and-updates
For more information on the condominiums under contruction:
http://www.akisama.com.my/projects/parklane-oug
Visited the site last Sunday and found Block D1 and D2 completed with roads, drains and some planted trees, awaiting handing over of vacant possession. We were not allowed by the Nepalese security guard to park and view, under strict orders by his boss who was around on the other blocks (E1 and E2) across the road leading to Kg Muhibbah flats. I presume the other blocks like C1 and C2 will be completed within months of each other. We saw the LRT line which was under construction and followed it to the flats, and sure enough, an LRT station next to them is already half completed. Further down the road, there is another station under construction, presumably OUG Heights station. We went through Taman Tan Yew Lai and came out at Jalan Awan next to Taman OUG. The Park Lane OUG condominums are being offered at around Rm450,000 now, depending on whether it comes with one or two parking lots. I expect the price to go further up once the LRT stations are completed and the trains are running.
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