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Primary Influence on Bukit Panjang’s Property Prices Bukit Panjang Plaza and Hillion Mall

Posted on May 28, 2023September 27, 2023 by vesterfelt

Bukit Panjang is a residential and commercial area located in the north-western part of Singapore. It is well known for its lively shopping malls, namely Bukit Panjang Plaza and Hillion Mall. The two malls form the mainstay of the town’s retail scene, and are the primary influences on the property prices in the area.

The Bukit Panjang Plaza is the larger of the two malls and has been serving the community since 1995. It is located right at the heart of the town and is conveniently located close to the Bukit Panjang MRT station. The mall offers a wide variety of shopping, dining, and entertainment options. With more than 100 retail outlets, it is the perfect place for residents to find all their shopping needs. There is also a range of fast food outlets, a food court, and cinemas. The mall also provides a range of services such as banking, money-changers, and a post office. In addition, the mall is home to a library, a community centre, and a park.

The Hillion Mall, which opened in 2015, is the newest addition to Bukit Panjang’s shopping scene. It is located close to the Bukit Panjang LRT Luminar Grand EC station and offers a variety of retail stores, restaurants, and entertainment venues. The mall is also home to a medical centre, a polyclinic, and a childcare centre. In addition, the mall has an arcade, a bowling alley, and a rooftop garden.

These two malls have been the main drivers of the property prices in Bukit Panjang. The presence of these malls has attracted many people to the area, which has in turn driven up demand for housing. This has resulted in property prices in the area increasing significantly over the past few years. Furthermore, the presence of these malls has also helped to improve the overall vibrancy and liveability of the area.

The malls have also played a major role in the development of the town. For example, the malls have provided employment opportunities for local residents. They have also helped to create a sense of community by providing a place for residents to gather, shop, and socialise. In addition, the presence of these malls has helped to attract more businesses and investors to the area, further boosting the local economy.

In conclusion, the Bukit Panjang Plaza and Hillion Mall have been the primary influences on the property prices in the area. The malls have helped to attract people to the area, which has in turn increased demand for housing. They have also provided employment opportunities and helped to create a sense of community. Furthermore, these malls have helped to attract more businesses and investors to the area, further boosting the local economy.

Bukit Panjang is a suburb located in the north-western part of Singapore. It is known for its peaceful and tranquil atmosphere, and is home to many residential properties. The area is also well-served by public transportation and is close to many amenities and attractions. As a result, it has become a desirable place to live for many Singaporeans.

Property prices in Bukit Panjang have been on the rise in recent years due to a number of factors. The two most prominent factors that have had an effect on the property prices in the area are the presence of Bukit Panjang Plaza and Hillion Mall, two of the largest shopping centres in the area.

Bukit Panjang Plaza, which opened in 1990, has become a popular shopping destination for locals and tourists alike. The mall offers a wide range of products, from fashion and accessories to food and entertainment. The mall is also home to a cinema, a supermarket, and a number of restaurants and cafes. It is conveniently located close to the Bukit Panjang MRT station and is easily accessible by public transportation. As a result, the mall has become a popular destination for those looking to shop, eat, or even just hang out.

Hillion Mall, which opened in 2018, is one of the newest shopping hubs in the area. It is a mixed-use mall that offers a wide range of products, from fashion and beauty to food and entertainment. The mall is also home to a supermarket, a cinema, and a number of restaurants and cafes. It is conveniently located close to the Bukit Panjang MRT station and is easily accessible by public transportation. As a result, the mall has become a popular destination for those looking to shop, eat, or even just hang out.

The presence of the two shopping centres in Bukit Panjang has had a positive effect on the property prices in the area. The malls provide a range of amenities and attractions that make the area more desirable for both residents and investors. This has led to increased demand for residential properties in the area, which has in turn increased the prices of the properties.

In addition to the two shopping centres, Bukit Panjang is also home to a number of other amenities and attractions. It is close to multiple parks and nature reserves, and is well-served by public transportation. The area is also close to a number of schools, making it an ideal location for families. All of these factors have contributed to the increased demand for properties in the area, and in turn, the rise in property prices.

In conclusion, the primary influence on Bukit Panjang’s property prices is the presence of two large shopping centres: Bukit Panjang Plaza and Hillion Mall. The malls provide a range of amenities and attractions that make the area more desirable for both residents and investors. In addition, the area is well-served by public transportation and close to multiple parks and nature reserves. All of these factors have contributed to the increased demand for properties in the area, and in turn, the rise in property prices.

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