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Landmark Central

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Landmark Central is the prime neighbourhood mall in Kulim.

It offers shoppers a plethora of retailers including Giant Superstore as well as a large variety of telecommunication stores. In 2012, the centre also welcomed the addition of The Store, a well-established department store which has a strong presence in secondary towns.

More importantly, two of its anchor tenants – MBO Cinemas and Ole Ole Superbowl, are the only cinema and bowling centre respectively in Kulim. This allows Landmark Central to capitalise on its unique selling proposition as an all-encompassing neighbourhood mall.

Location No. 1 Jalan KLC Satu (1),
08000 Kulim
Kedah
Title Freehold
Primary Trade Area 181,195 within 20-minutes drive
Gross Floor Area 513,333 sq ft
Net Lettable Area 281,388 sq ft
Car Park 610
Valuation RM111.2 million
Tenants* 72
Key Tenants Giant, The Store, MBO Cinemas, SEC
Occupancy 99.3%
Visitor Traffic 3.2 million
Year Opened 2009
Year Acquired by REIT 2012

Data as of 31 December 2015. * Only NLA Lots


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Central Square

Landmark Central's Top Ten Tenants


Tenant Trade Sector NLA (sq ft) % of Total
NLA
% of Monthly
Rental Income*
1 Giant Superstore Department Store 72,140 25.6% 15.1%
2 The Store Department Store 51,701 18.4% 9.1%
3 MBO Cinemas Leisure & Entertainment/Sports & Fitness 24,000 8.5% 4.8%
4 Ole Ole Superbowl Leisure & Entertainment/Sports & Fitness 23,670 8.4% 3.5%
5 Hasani Books Gifts/Books/Toys/Specialty 5,566 2.0% 2.9%
6 SEC Electronics & IT 5,755 2.0% 2.8%
7 CYC Mega Leisure World Leisure & Entertainment/Sports & Fitness 11,356 4.0% 2.7%
8 Pizza Hut Food & Beverage 3,530 1.3% 2.3%
9 Factory Direct Gifts/Books/Toys/Specialty 4,219 1.5% 2.2%
10 KFC Food & Beverage 2,754 1.0% 2.1%
  Top 10 Tenants (By Monthly Rental Income) 204,691 72.7% 47.5%
  Other Tenants 76,697 27.3% 52.5%
  Total 281,388 100.0% 100.0%

* Based on monthly rental income for December 2015.

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Landmark Central's Tenancy Mix

* Based on monthly rental income for December 2015

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Landmark Central's Expiry Profile


For Year Ending
31 December
No. of Tenancies
Expiring
NLA of Tenancies
Expiring
(sq ft)
NLA of Tenancies
Expiring as % of
Total NLA
% of Total Monthly
Rental Income*
FY 2016 27 125,729 45% 36%
FY 2017 18 15,631 6% 15%
FY 2018 28 138,089 49% 49%
FY 2019

* Based on monthly rental income for December 2015. Figures may not round to 100% due to miscellaneous items.

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