The Mines
The Mines is located in Selangor's Mines Resort City and is a "family-focused" shopping mall which provides shoppers with a complete offering of retail, entertainment and dining options. The Mines is well known for a Venetian-like canal running through the shopping mall.
Website: www.the-mines.com.my
Property Information
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Tenure
Leasehold of 99 years expiring on 20 March 2091
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Independent valuation(1)
RM660.0 million
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Purchase consideration
RM530.0 million
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Gross floor area(2)
1,150,798 sq ft
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Number of car park bays(2)
Approximately 1,282
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Net lettable area(3)
734,145 sq ft
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Number of leases(3)
246
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Committed occupancy rate(3)
76.2%
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Shopper traffic for 2021
5.0 million
Notes:
- Based on the valuations as at 31 December 2021 commissioned by MTrustee, trustee of CLMT.
- As at 31 December 2021.
- As at 31 March 2022.
