With an average of over 3.5million passengers daily, the Singaporean MRT has to be one of, if not the most utilised amenity in Singapore since its inauguration back in November 1987. It’s also a no brainer that almost every investor/homeowner wants a development that’s within good proximity of an MRT station. Maximised convenience (even for the well-heeled), solid rental attributes, quality surrounding amenities… the list goes on. It’s also one reason why the rise of new MRT lines/stations are so closely followed in the Real Estate scene. Have you ever wondered what actually happens to an existing development’s value when a new MRT station/line is either announced/built in the vicinity?  Today’s piece aims to break that down for us – with the focus on the Downtown Line MRT stations specifically. Methodology We’ve compiled a list of ‘before-and-after’ pricing scenarios based on affected developments within immediate proximity of the Downtown Line (which has since been fully built and functional)....