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The Mines

The Mines, well-known for its Venetian-like internal water canal, is located at the south of the federal district of Kuala Lumpur in Seri Kembangan town centre. The five-storey suburban family mall is linked to the Mines International Exhibition & Convention Centre, Philea Mines Beach Resort and The Mines Resort & Golf Club, and targeted at residents residing and working in the southern region of Kuala Lumpur and Selangor. It underwent an asset enhancement exercise in 2008-2009 which involved the creation of an extension wing and a dedicated drop-off area for the convenience of shoppers. The Mines offers a wide variety of retail, food and beverage, homewares and family edutainment options.

Please visit www.the-mines.com.my for more information.

Property Information

  • Tenure
    Leasehold of 99 years expiring on 20 March 2091
  • Independent valuation(1)
    RM660.0 million
  • Purchase consideration
    RM530.0 million
  • Gross floor area(2)
    1,150,798 sq ft
  • Number of car park bays(2)
    Approximately 1,282
  • Net lettable area(3)
    734,145 sq ft
  • Number of leases(3)
    243
  • Committed occupancy rate(3)
    78.2%
  • Shopper traffic for 2021
    5.0 million
Notes:
  1. Based on the valuations as at 31 December 2021 commissioned by MTrustee, trustee of CLMT.
  2. As at 31 December 2021.
  3. As at 30 September 2022.