Parking Tariffs — Are we Paying too much at our Shopping Malls?
Although major shopping centres in South Africa offer ample free parking in their open bay parking slots, a fair number of local residents still find these tariffs excessive.
Contrary to people’s fears, parking tariffs in South African shopping centres is not exorbitant compared with the developed world, SA Commercial Prop News has learnt.
Major centres in the market charge similar parking rates ranging from R3 up to R10 an hour.
The top tariffs for undercover parking in SA malls start from about R8 an hour experienced at Hyde Park Corner, Melrose Arch and The Pavilion Shopping Centre. Rosebank Mall offers R8 for up to 5 hours.
But the likes of V&A Waterfront in Cape Town and Durban’s Gateway Theatre Mall will happily charge more at R10 an hour.
Polokwane’s Mall of the North offers free parking while Pretoria’s Menlyn Park Shopping Centre charges R5 up to 3 hours.
A run down mall like Northcliff Corner in Johannesburg, has free parking in the first hour and charges R3 hourly afterwards.
Meanwhile lost parking ticket penalty fees from Cresta Shopping Centre is R25, Eastgate Shopping Centre will charge R30, Sandton City at R50, Melrose Arch is happy to collect R75 while V&A Waterfront demands R110.
As long as malls owners and property companies want to attract consumers to malls, parking must stay at reasonable fees according to CEO of Emira Property Fund, James Templeton.
“If you want to get people into malls for longer you have to make the experience comfortable. That begins with providing adequate parking,” he says.
Although major retail centres in South Africa offer ample free parking in their open bay parking slots, a fair number of local residents still find these tariffs excessive as the cost of living has gone up, SA Commercial Prop News conclude.
The biggest concern also comes to shopper safety as some mall parkade lights are broken and some have no security guards in the vicinity.
The recent sudden spurt in violent robberies in SA’s major centres has caused concern among the public.
In the last two months shoppers witnessed more than eleven shopping centres becoming victim to business robberies and many experts predict this is just the prelude of robberies that we can expect, especially as we move closer towards the festive season.
Gauteng Police Commissioner, Lesetja Mothiba recently expressed great concern about the security at shopping malls.
“We must point out that in some of the malls the security is very much relaxed. In some of the malls, the cctv cameras are not even working and some of the malls the footages where of poor quality,” he said.