{"id":868092,"date":"2026-08-13T09:23:32","date_gmt":"2026-08-13T07:23:32","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=868092"},"modified":"2026-08-13T09:23:32","modified_gmt":"2026-08-13T07:23:32","slug":"south-africas-richest-area-getting-a-new-shopping-centre","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/property\/868092\/south-africas-richest-area-getting-a-new-shopping-centre\/","title":{"rendered":"South Africa’s richest area getting a new shopping centre"},"content":{"rendered":"\n

South Africa’s richest square mile, Sandton, is set to get a new shopping centre, with the launch of the M1 Value Mart. <\/p>\n\n\n\n

Retail Network Services said that the new Value Mall will open its doors in 2027 in Wynberg, Johannesburg, situated between the suburbs Sandton and Alexandra. <\/p>\n\n\n\n

Wynberg is more a commerical area of Johannesburg, instead of a wealthy residential or office area. <\/p>\n\n\n\n

The new 12,000 sqm value mart will have 12 shops and will be adjacent to the M1 highway in Johannesburg. <\/p>\n\n\n\n

Retail Network Services said that the centre will offer customers a modern shopping environment focused on delivering value and savings.<\/p>\n\n\n\n

The company has strategised a blend of retailers that it believes will offer customers a convenient and enjoyable shopping experience. <\/p>\n\n\n\n

This includes a major supermarket brand, a pharmacy, value fashion, health & beauty, super-popular fast-food brands, and more. <\/p>\n\n\n\n

The mall will face tough competition, given its proximity to a host of retail options, such as Sandton City, LXX Sandhurst, and the retail offerings at the R3 billion Barlow Park development across the highway. <\/p>\n\n\n\n

Further north on the M1 Highway, one can also find the Woodmead Value Mart, which is a mere 5-minute drive away from the Wynberg location without traffic. <\/p>\n\n\n\n

The new Wynberg Value Mart also reflects a growing trend in retail, with developers opening centres that are focused on affordable retail offerings. <\/p>\n\n\n\n

While Gauteng is covered in shopping centres, many developers have started expanding into rural areas and townships, where formal retail has not existed. <\/p>\n\n\n\n

Given South Africa’s massive wealth discrepancy, many of these developments are anchored by value retailers, or those who serve lower-income consumers. <\/p>\n\n\n\n

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M1 Value Mart Photos <\/h2>\n\n\n
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Retail Network Services is working on a new value centre for South Africa’s richest square mile.<\/p>\n","protected":false},"author":10,"featured_media":868113,"comment_status":"open","ping_status":"closed","sticky":true,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"posted","_sma_x_autopost_error":"","_sma_x_post_id":"2087802351746789778","_sma_facebook_post_id":"191437357620492_2174756826678050","_sma_instagram_post_id":"18110229953072771","_sma_x_attempts":1,"footnotes":""},"categories":[12755],"tags":[19057],"class_list":["post-868092","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property","tag-retail-network-services"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/868092","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=868092"}],"version-history":[{"count":5,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/868092\/revisions"}],"predecessor-version":[{"id":869537,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/868092\/revisions\/869537"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/868113"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=868092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=868092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=868092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}