PETALING JAYA: KIP Real Estate Investment Trust
(KIP REIT) has completed the asset enhancement initiatives (AEI) for its KIPMall Senawang in Negeri Sembilan.
In a statement, KIP REIT said the AEI efforts, initiated in February 2024, encompassed the addition and modernisation of retail outlets, food and beverage outlets, mall entrance renovations, air conditioning system enhancements and firefighting system upgrades.
“These enhancements were also extended to a 51,000 sq ft area to facilitate its new key anchor tenant, ST Rosyam. The renovation has undoubtedly refreshed the mall’s aesthetics and promises to elevate the mall patrons’ experience to a whole new level.”
KIPMall Senawang, which houses 84 retail outlets, is KIP REIT’s community centric mall that has been in operation since Dec 18, 2012.
Located on a 438,414 sq ft land within the Lavender Heights township in Seremban, the mall encompasses a net lettable area of 119,767 sq ft.
Besides ST Rosyam, its other key tenants include MR DIY, PISB, Hyperpets, KFC, Watson, Verns, Papagrill, Zus Coffee, XES Store, Old Town White Coffee, and Tealive.
