All The Perks You Need To Know Of Having A Shopping Mall In Your Neighbourhood

Shopping malls have become more than just a "getaway" for those who want to take a break from the ordinary. It’s become an institution within our society and one of the best amenities to have for homeowners. But what benefits can one enjoy when living in the vicinity of a shopping mall?
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Although some still prefer to stay within the comfort of their homes and have conveniences come to them instead, the growing trend sees more people invest their time, energy and money within malls. 

This is because the role of the modern mall has diversified. It has branched away from the sole purpose of retail therapy. They now play the part of hosting indoor adventure/theme parks, ice rinks, cinemas, and floors upon floors of delectable food options. 

As a result of this, a lot more people are looking for real estate investment in highly urbanised areas. And to no surprise, they have specifically honed in on properties close by shopping malls!

So, if people are making serious property investment choices based on its proximity to a mall, what are the perks? Here’s a list for you to consider if you’re looking for properties that are close to malls. 

 

Benefits Of Living Near A Shopping Mall

1) You Are Smack-Dab In The Heart Of The City

Developers of the malls always ensure that their businesses are located with the highest volume of traffic (read: good connectivity). 

As a result, your property would most likely be situated in good neighbourhoods, with close proximity to major roads, schools, recreational parks and the business district – giving you convenience and comfort all in one.

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In addition, your safety and security are also assured. The reason for this is because vital services such as emergency care, fire services and police stations are typically located nearby shopping malls. 

Because of the centrality of the location, malls act as easily distinguishable landmarks (no more getting your Grab driver lost!).

Moreover, the readily available first-rate public transportations and physical infrastructures in the vicinity would mean you are well-connected to every part of the city (and beyond!). 

Plus, if you work within the city centre, say farewell to those long commutes and traffic. You can walk into work with a smile every day! 

 

2) Better Appreciation Over The Years

In general, property prices appreciate steadily every year. Did you know, certain factors can improve the appreciation of your property exponentially? 

According to experts, the below 6 factors will almost certainly guarantee property appreciation: 

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By seeking out a property close to a shopping mall, you’re ensuring better returns and excellent capital appreciation over the years. Also, as malls are usually built in reputable postcodes, this adds further to this appreciation. 

 

3) High-Speed Connectivity

Another major perk of living close to a shopping mall is the end of lagging network connections and repeated internet trouble.

Business owners are highly reliant on high-speed internet connectivity, but so are the regular folk who need to Work-From Home (WFH) for an extended period of time.

Therefore, developers as well as internet service providers would take this into account during development, and provide the best to the malls and the surrounding areas.

So, your chances of getting hold of the best internet speeds are pretty much guaranteed!

Here are some of the property markets you can consider purchasing, that are located close by some of the more popular shopping malls in the Klang Valley: 

 

Property For Sale Near Shopping Malls In Klang Valley

Areas In Kuala Lumpur

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1. EkoCheras Mall, Cheras

Properties Of Interest For Sale In This Area: 

2. Berjaya Times Square, Kuala Lumpur

Properties Of Interest For Sale In This Area: 

3. Mid Valley Megamall, Kuala Lumpur

Properties Of Interest For Sale In This Area: 

4. Suria KLCC, Kuala Lumpur

Properties Of Interest For Sale In This Area: 

5. Publika, Kuala Lumpur

Properties Of Interest For Sale In This Area: 

6. Intermark Mall

Properties Of Interest For Sale In This Area: 

Best Neighbourhoods For Living In Kuala Lumpur

Relevant Guide

Best Neighbourhoods For Living In Kuala Lumpur

 

Areas In Selangor

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1. SetiaWalk Mall, Puchong

Properties Of Interest For Sale In This Area: 

2. Empire Shopping Centre, Subang Jaya

Properties Of Interest For Sale In This Area: 

3. Setia City Mall, Shah Alam 

Properties Of Interest For Sale In This Area: 

4. One Utama Shopping Centre, Petaling Jaya

Properties Of Interest For Sale In This Area: 

5. Sunway Pyramid, Petaling Jaya

Properties Of Interest For Sale In This Area: 

6. Starling Mall, Petaling Jaya

Properties Of Interest For Sale In This Area: 

Best Neighbourhoods For Living In Selangor

Relevant Guide

Best Neighbourhoods For Living In Selangor

Picking somewhere to call home can be one of the most important life decisions we can make. We face various considerations, options and choices, but it’s important to take into account your needs and lifestyle when making this decision.  

So, armed with the knowledge of knowing the incredible perks that come with living close to a shopping mall, you’d be able to narrow down your option on a suitable property that allows you to live your best life!

 

Want to know what else you should know before diving into homeownership? Read up on the 6 Factors You Need To Consider When Buying A Property In Malaysia!

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