Megamall

Megamall (also known as Mid Valley Megamall) is one of Malaysians' shopping havens. It was awarded Best Shopping Complex Award 2000 by Tourism Malaysia and Best Retail Development 2001 by FIABCI Malaysia. Consisting of 430 shops in the mall and 158,000 sf of net lettable area, it would certainly satisfy the needs of every shopper.In the mall, a lot of amenities and facilities are provided. Hence, Megamall is a popular tourist destination and the preferred choice of local shoppers too. For those who wish to pursue branded products, The Gardens, connected to Megamall by a bridge and an underground access, offers various choices of high-end shopping. It is accessible from the Federal Highway via Lingkaran Syed Putra. It is however, pretty difficult to search for available parking, especially during weekends. Travelers who prefer public transportation would find it an ease of access to the mall through service provided by KTM, as there is a Mid Valley Megamall Komuter station, which is just one station away from the KL Sentral hub, as well as RapidKL buses. There is also a free shuttle bus service hourly to and fro the Bangsar LRT station.

Property Details

Name: Megamall (also known as Mid Valley Megamall)

Address: Lingkaran Syed Putra, 59200 Kuala Lumpur

Developer: IGB Corporation

Completion Date: 1999

Type: Shopping Complex

Tenure: Leasehold

No. of Blocks: 5

No. of Storey: 5

No. of Units: 430

Built-up: 1,400 - 15,000 sf

Rental:

Facilities

Car park

Banking facilities

ATM machines

Food court

Customer service counters

Launderette

Money changers

Clinic and dentist

Locksmith

Newsstands

Printing shops

Fitness centre

Children's activity centre

Analysis

Megamall was developed by IGB Corporation, which also owns The Gardens, Northpoint, Centrepoint and Mid Valley City, as well as other properties under Tan & Tan Developments. This commercial hub is one of its most successful shopping complexes built. Being Malaysia's largest shopping mall, Megamall is a highly preferred compared with other newly developed ones. Most brands in other similar malls, as well as high-end ones, are almost usually under one roof in this shopping mall, and The Gardens shopping mall.As Megamall is frequently visited by local and foreign shoppers due to its accessibility, it is believed that its property value would continue to grow. It also caters to the gastronomical and shopping needs of a huge workforce from the offices at Menara IGB, The Boulevard, North & South of Centrepoint, as well as The Gardens North & South Towers.