Why Property Near Shopping Mall is Such a Hype?
Tags: Real Estate, Property Malaysia, Findmeprop, Real Estate Malaysia

More & more shopping centers have been grounding their roots around Malaysia, and in real estate aspects having a property near malls could increase the value as more demand from market and the lifestyle which most developer have sold with it. By Berry & Bednarz (1979) land and property values ultimately result at any point in space from the complex interaction of amenity and location attributes relative to a series of urban goods and services. Therefore, house price should, among other things, reflect the combined influence of positive and negative externalities of various proximate location attributes.

Here are 7 reason to explained the advantage of getting property near shopping malls

Benefits of owning a property near Shopping Malls

Location

Your property would be at the heart of the town where most people concentrated at. Most shopping malls are strategically developed in the vicinity where a lot of people pass by to keep the maintain businesses inside the mall. Thus, property which developed near these centers would get a lot of investors attention despite it would cause other impact like traffic congestion.

2. High Speed Internet

Here is one of the reason that most of the tenant would consider for. Living near shopping malls would promise you good internet speed as more business now are relying on internet. You would get good internet despite the provider plan, as it is centre where diversity of people would hang out.

3. Furnished Unit

More furnished unit is promised for people who is busy hustling with their jobs. It is sure more on pricier side but the market is there for those who want to be worry free once moving into their units.

4. Great Landmark

You don’t have too struggle to explain where you live, just name the big building people would ultimately recognized. Living in the vicinity of shopping center would come easy if you are inviting people to come over your places as they also could park inside the mall. This also would really benefits you when you are in emergency situation and easier to explain your location to police or fire department.

5. Secured Property

Another advantages of living near shopping mall is that you are guaranteed with extra security system. As the risk is higher when you are living at the one stop centre, developers would promise you with round the clock guard and highly innovative cctv to ensure you could sleep in peace

6. Public Transportation

No more headache when it comes to transport, you could a grab a cab within minutes as they would be gathering there to wait for more customers. You could grab a bus or e-hailing car easily as you are living near the mall

7. Good Food

People just can’t live without food, thus you would have endless choice to try out something in new in the mall. From restaurants to small shop, the less thing you could do for yourself is to treat your self with good food. Once in a while you can bring out your whole family to get some fancy dinner.

Looking for right property?

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