Shopping is a national pastime in Singapore. As such, it should come as no surprise that developers, real estate agents, and urban planners are quick to highlight a nearby shopping mall when promoting Singapore property.
A well-managed shopping mall brings people, from all over, to its shops and restaurants. This creates a virtuous circle for the neighbourhood. The more people who come to shop and eat, the more retailers want to be there, the more prosperous the area becomes, the more people want to live there, and the more both commercial and home prices appreciate.
If you're a shopaholic, you might find that you must pay a premium to live near your favorite shopping mall. To help you identify this premium, use the table below to find out the the median price for private and HDB flats within one kilometer of 113 Singapore shopping malls.
Home Prices within 1 km of Selected Shopping Malls
Based on transactions between 15 Jan 2018 and 15 Apr 2018
Source: SRX