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Showing posts from July, 2015

Bus Rapid Transit and property values

After the recent launch of the Sunway BRT line, there will be several more BRT lines coming up - they are cheaper and faster to build as they utilise existing roads. So far I have only used the BRT in Bangkok - they only have 1 line so far and it has been running for some time now. Wonder why they haven't continued with more though? I guess there are certain challenges with Bangkok with the road width in the more densely populated areas, there isn't much leeway for a BRT line to take up more road space because the original road is fairly narrow as BKK is a very old city. Anyway, looking at the BRT plan for KL, it looks interesting - the only areas it doesn't seem to cover are the affluent neighbourhoods of Damansara Heights, Bangsar and Mont'Kiara. Also, looks like the Government is making the hard decision to take up 2 lanes on the MRR2 from Melawati to Jln Ampang - this stretch is jammed in the morning and will be worse with only 2 lanes for traffic instead of

Musings

Alamak!! 2 months without any new posts - no new property launches that seemed interesting although I have been receiving sms ads from unknown agents; nothing catching my eye. Been so busy at work.. Anyway, the good thing about being so busy is that I find I hardly spend money - except for a recent holiday with my sisters and that didn't cost too much, had a great time! So with the new job's salary and me not spending much, have cleared off the renovation OD balance which was on FD anyway and thus, no more debt apart from the monthly credit card bills - not too much there, can settle. Now the things to consider are: Should I settle the car loans in one go now or just continue paying - only 6 months to go on 1 car and a year on the 2nd one? Total o/s is about 30k.  Should I buy another property and what should it be? An apartment up in the hills like Bentong or Gohtong Jaya seems appealing for retirement but it is ultimately a luxury because one would hardly use it n