The Gardens Mall

Located at the heart of Mid Valley City is The Gardens Mall; a premium 6-level shopping haven for more than 200 outlets where top fashion brands such as Louis Vuitton, Versace Collection, Hermès and Burberry reside. Be spoilt for choice with the wide array of top international cuisines, or take a look at the latest in technology and home furnishings with several retail outlets waiting to make your gadget or furniture dreams come true.

The Gardens Mall is also home to popular departmental store; Isetan of Japan, as well as Malaysia’s most premier cinema, GSC Signature. You can also head to The Gardens Theatre for more entertainment. For those in need of pampering, head to Cocoon on the 4th Floor, a dedicated area complete with spas, wellness clinics and a fitness center.

The Gardens Club brings value added shopping experiences with exclusive privileges and warm hospitality, as well as two dedicated lounges specially for its members. With the addition of The Gardens Mall, Mid Valley City is truly a premier shopping destination.

Land area of master title (sq ft) 421,773
Tenure Leasehold for 99 years expiring on 6 June 2103
Master title particulars PN 37073, Lot 79 Seksyen 95A, Bandar Kuala Lumpur, Daerah Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur #
Encumbrances/material limitations in master title Trust caveat lodged by the Trustee on behalf of IGB REIT vide presentation No. 14472/2012 on 30 August 2012
Trust caveat lodged by the Trustee on behalf of IGB REIT vide presentation No. 16049/2012 on 26 September 2012
Restrictions in interest in master title This land shall not be transferred, leased, secured or charged except with the consent of the Federal Territory Land Executive Committee Secretariat
(Tanah ini tidak boleh dipindahmilik, dipajak, dicagar atau digadai melainkan dengan kebenaran Jawatankuasa Kerja Tanah Wilayah Persekutuan Kuala Lumpur)*
Express conditions in master title This land shall be used for commercial building for purpose of commercial spaces, offices, hotels and service apartments only
(Tanah ini hendaklah digunakan untuk bangunan perdagangan bagi tujuan ruang perniagaan, pejabat, hotel dan pangsapuri servis sahaja)
Type Retail
Appraised Value as at 31 December 2018 (RM’000) 1,295,000
Purchase consideration (RM’000) 1,160,000
Net Lettable Area (NLA) as at 31 December 2018 (sq ft) 843,820
Gross Floor Area as at 31 December 2018 (sq ft) 3,540,796
Number of tenancies as at 31 December 2018 237
Occupancy rate as at 31 December 2018 (%) 97.2
Number of car park bays as at 31 December 2018 4,128

# TGM is separately held under 3 issue documents of strata title. The transfer of these strata titles has been registered in favour of the Trustee.

* The extended expiry date of the Authority’s consent for the transfer of MVM in favour of the Trustee is 15 August 2019.

IGB Real Estate Investment Trust

Managed by IGB REIT Management Sdn Bhd 201201006785 (908168-A)
Registered office :
Level 32, The Gardens South Tower,
Mid Valley City
Lingkaran Syed Putra,
59200 Kuala Lumpur.

Contact Information

Email : corporate-enquiry@igbreit.com
Tel : +603 2289 8989
Fax : +603 2289 8802