Mines Resort City
Encyclopedia
Mines Wellness City is an integrated Health and Wellness resort city in Malaysia. It is both an expansion and transformation of the current Mines Resort City. The expansion of the city is part of the government’s Economic Transformation Plan (ETP) which is spearheaded by PEMANDU (Performance Management and Delivery Unit), under the Prime Minister’s Department. It was announced on 11 January 2011 by the Prime Minister of Malaysia Datuk Seri Najib Tun Razak.
Mines Wellness City is located south of the federal district of Kuala Lumpur
in Seri Kembangan
, Selangor
. The land was formerly the world's largest open cast tin
mine. It consists of Palace of the Golden Horses, Mines Wellness Hotel, Golden Horses Health Sanctuary, The Mines Shopping Centre, Mines Waterfront Business Park, Mines Resort & Golf Club and Malaysia International Exhibition & Convention Centre. It is the current residence of the former Prime Minister of Malaysia
Tun Mahathir bin Mohamad
.
tin
mine in the world, covering 1,300 acres, including the lakes. Malaysian Government alienated
the land to Country Heights Holdings Bhd (CHHB) on 30 March 1988 for the development of recreational and tourism. Country Heights Holdings Berhad is founded by Tan Sri Dato’ Paduka Lee Kim Yew and incorporated officially on the 10th May 1984 under a private limited company with the name of Kurniata Sdn Bhd. CHHB was focus on three core businesses which are property development, property investment as well as hospitality, leisure and health.
The land was alienated for RM50mil, which equates to about RM1
per square foot (psf). To ensure that market-driven components were developed, CHHB appointed an international planner from Australia
to create a rejuvenation-based master plan, focusing on vegetation and landscaping of the mines. In complementing the objectives, CHHB built a golf course
, the Palace of the Golden Horses with a unique architectural design, The Palace Beach and Spa with a man-made beach and swimming lagoon, and The Malaysia International Mines Exhibition and Convention Centre. Also, CHHB built the Mines Shopping Fair and a theme park
named Mines Wonderland within the Mines Resort City.
Offices at the Mines Waterfront Business Park were developed to provide business accommodation within a scenic and conducive working environment with a fine view of the lake. An ongoing development is the five-star Heritage Serviced Residence, which is themed with Peranakan
cultural heritage throughout.
With the exception of one of the office blocks within the Mines Waterfront, all components of development are retained by the developer to ensure control and management of the components. To complement the investment-type properties, the developer created a premier residential project, which was unique at the time of development, called the North Lake. The bungalow plots within this premier development launched in 1989/90 during the recession, were initially sold at RM10 psf. Today, current prices of RM250 psf are experienced, which equates to an annual growth of about 21%.
The bungalow plots are designed around the golf course with a limited number of only 200 plots. The graph shows the capital appreciation enjoyed by this development over the last 17 years.
The developer’s philosophy is creating value to the customer through continuous enhancement, beautification and maintenance to ensure continued sustainability and capital appreciation.
In 2003, the second component, the South Lakes, was launched with initial sale prices of RM90 psf, which have now escalated to RM140 to RM150 psf in today’s market.
Another successful component is the serviced apartment development comprising 900 units within 5 blocks designed in a unique setting with a water canal and attractive rooftops. These were initially sold at RM280 psf appreciating to RM430 psf and currently being sold at RM700 psf on a fully furnished basis.
These achieved sales prices are unheard of in the locality. Due to the market positioning, branding and potential value enhancement, these projects have attracted purchasers who believe in the development. The development’s success is also a result of its good accessibility.
To date, after nearly 20 years of development, 70% of the total area has been developed and because the developer is conscious of supply and demand factors, every single component is thoroughly thought out and planned prior to implementation. JLW has provided advisory services to the developer to ensure that the components of development planned are well received by the market and drive sustainable growth, which investors are benefiting from.
The original land value of this place has increased from RM1 psf to in excess of RM300 psf.
Golden Horses Health Sanctuary is the first health screening center, located at the Palace of the Golden Horses Hotel. The Sanctuary provides premium health screening services to their members, including the finest preventive medical check-up and early detection.
Mines TCM Wellness is a traditional Chinese and complementary health care center which it located at the Mines Wellness Hotel. The health care center employed with qualified and certified Chinese physician, tuinalogist
, reflexologist
and herbalogist. Also, health Qi Gong exercise is provided to the guests at a green Garden Lawn with a pleasant hotel synergy which it designed specially by a team of experienced personal and service staff.
Mines Wellness City is located south of the federal district of Kuala Lumpur
Kuala Lumpur
Kuala Lumpur is the capital and the second largest city in Malaysia by population. The city proper, making up an area of , has a population of 1.4 million as of 2010. Greater Kuala Lumpur, also known as the Klang Valley, is an urban agglomeration of 7.2 million...
in Seri Kembangan
Seri Kembangan
Seri Kembangan, formerly known as Serdang New Village, is a town located in Selangor, Malaysia. The town is now a considerable city in size - can be seen on the North-South Expressway Southern Route.-History:...
, Selangor
Selangor
Selangor also known by its Arabic honorific, Darul Ehsan, or "Abode of Sincerity") is one of the 13 states of Malaysia. It is on the west coast of Peninsular Malaysia and is bordered by Perak to the north, Pahang to the east, Negeri Sembilan to the south and the Strait of Malacca to the west...
. The land was formerly the world's largest open cast tin
Tin
Tin is a chemical element with the symbol Sn and atomic number 50. It is a main group metal in group 14 of the periodic table. Tin shows chemical similarity to both neighboring group 14 elements, germanium and lead and has two possible oxidation states, +2 and the slightly more stable +4...
mine. It consists of Palace of the Golden Horses, Mines Wellness Hotel, Golden Horses Health Sanctuary, The Mines Shopping Centre, Mines Waterfront Business Park, Mines Resort & Golf Club and Malaysia International Exhibition & Convention Centre. It is the current residence of the former Prime Minister of Malaysia
Prime Minister of Malaysia
The Prime Minister of Malaysia is the indirectly elected head of government of Malaysia. He is officially appointed by the Yang di-Pertuan Agong, the head of state, who in HM's judgment is likely to command the confidence of the majority of the members of that House of Representatives , the...
Tun Mahathir bin Mohamad
Mahathir bin Mohamad
Tun Dr. Mahathir bin Mohamad . is a Malaysian politician who was the fourth Prime Minister of Malaysia. He held the post for 22 years from 1981 to 2003, making him Malaysia's longest serving Prime Minister. His political career spanned almost 40 years.Born and raised in Alor Setar, Kedah, Mahathir...
.
From Mine to City
Mines Wellness City was formerly the site of the Hong Fatt Mine, which was the largest opencastOpen-pit mining
Open-pit mining or opencast mining refers to a method of extracting rock or minerals from the earth by their removal from an open pit or borrow....
tin
Tin
Tin is a chemical element with the symbol Sn and atomic number 50. It is a main group metal in group 14 of the periodic table. Tin shows chemical similarity to both neighboring group 14 elements, germanium and lead and has two possible oxidation states, +2 and the slightly more stable +4...
mine in the world, covering 1,300 acres, including the lakes. Malaysian Government alienated
Alienation (property law)
Alienation, in property law, is the capacity for a piece of property or a property right to be sold or otherwise transferred from one party to another. Although property is generally deemed to be alienable, it may be subject to restraints on alienation....
the land to Country Heights Holdings Bhd (CHHB) on 30 March 1988 for the development of recreational and tourism. Country Heights Holdings Berhad is founded by Tan Sri Dato’ Paduka Lee Kim Yew and incorporated officially on the 10th May 1984 under a private limited company with the name of Kurniata Sdn Bhd. CHHB was focus on three core businesses which are property development, property investment as well as hospitality, leisure and health.
The land was alienated for RM50mil, which equates to about RM1
Malaysian ringgit
The Malaysian ringgit is the currency of Malaysia. It is divided into 100 sen...
per square foot (psf). To ensure that market-driven components were developed, CHHB appointed an international planner from Australia
Australia
Australia , officially the Commonwealth of Australia, is a country in the Southern Hemisphere comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands in the Indian and Pacific Oceans. It is the world's sixth-largest country by total area...
to create a rejuvenation-based master plan, focusing on vegetation and landscaping of the mines. In complementing the objectives, CHHB built a golf course
Golf course
A golf course comprises a series of holes, each consisting of a teeing ground, fairway, rough and other hazards, and a green with a flagstick and cup, all designed for the game of golf. A standard round of golf consists of playing 18 holes, thus most golf courses have this number of holes...
, the Palace of the Golden Horses with a unique architectural design, The Palace Beach and Spa with a man-made beach and swimming lagoon, and The Malaysia International Mines Exhibition and Convention Centre. Also, CHHB built the Mines Shopping Fair and a theme park
Amusement park
thumb|Cinderella Castle in [[Magic Kingdom]], [[Disney World]]Amusement and theme parks are terms for a group of entertainment attractions and rides and other events in a location for the enjoyment of large numbers of people...
named Mines Wonderland within the Mines Resort City.
Components
In order to complement the tourism theme, a five-star hotel, the Palace of the Golden Horses http://www.palaceofthegoldenhorses.com.my/ with a distinctive architectural design and Mines Wellness Hotel (formerly known as The Mines Beach Resort and Spa) with a man-made beach and swimming lagoon were built. Other components of development completed to date within the Mines Resort City are the Mines Shopping Fair and a theme park named Mines Wonderland. In March 2010, CapitaMalls Asia has re-branded Mines Shopping Fair to a contemporary neighborhood shopping mall with a major upgrading work, including additional retail space, revamping the carpark system, changing new wash rooms, creating additional link bridges and new sets of escalators inside the mall.Offices at the Mines Waterfront Business Park were developed to provide business accommodation within a scenic and conducive working environment with a fine view of the lake. An ongoing development is the five-star Heritage Serviced Residence, which is themed with Peranakan
Peranakan
Peranakan Chinese and Baba-Nyonya are terms used for the descendants of late 15th and 16th-century Chinese immigrants to the Indonesian archipelago of Nusantara during the Colonial era....
cultural heritage throughout.
With the exception of one of the office blocks within the Mines Waterfront, all components of development are retained by the developer to ensure control and management of the components. To complement the investment-type properties, the developer created a premier residential project, which was unique at the time of development, called the North Lake. The bungalow plots within this premier development launched in 1989/90 during the recession, were initially sold at RM10 psf. Today, current prices of RM250 psf are experienced, which equates to an annual growth of about 21%.
The bungalow plots are designed around the golf course with a limited number of only 200 plots. The graph shows the capital appreciation enjoyed by this development over the last 17 years.
The developer’s philosophy is creating value to the customer through continuous enhancement, beautification and maintenance to ensure continued sustainability and capital appreciation.
In 2003, the second component, the South Lakes, was launched with initial sale prices of RM90 psf, which have now escalated to RM140 to RM150 psf in today’s market.
Another successful component is the serviced apartment development comprising 900 units within 5 blocks designed in a unique setting with a water canal and attractive rooftops. These were initially sold at RM280 psf appreciating to RM430 psf and currently being sold at RM700 psf on a fully furnished basis.
These achieved sales prices are unheard of in the locality. Due to the market positioning, branding and potential value enhancement, these projects have attracted purchasers who believe in the development. The development’s success is also a result of its good accessibility.
To date, after nearly 20 years of development, 70% of the total area has been developed and because the developer is conscious of supply and demand factors, every single component is thoroughly thought out and planned prior to implementation. JLW has provided advisory services to the developer to ensure that the components of development planned are well received by the market and drive sustainable growth, which investors are benefiting from.
The original land value of this place has increased from RM1 psf to in excess of RM300 psf.
Health and Wellness
Tan Sri Lee Kim Yew, the founder of Country Heights Health Tourism, believes in the importance of prevention and early detection rather than treatment. Hence, Golden Horses Health Sanctuary and Mines TCM Wellness are set up to promote health and wellness among the public.Golden Horses Health Sanctuary is the first health screening center, located at the Palace of the Golden Horses Hotel. The Sanctuary provides premium health screening services to their members, including the finest preventive medical check-up and early detection.
Mines TCM Wellness is a traditional Chinese and complementary health care center which it located at the Mines Wellness Hotel. The health care center employed with qualified and certified Chinese physician, tuinalogist
Tui na
Tui na , is a form of Chinese manipulative therapy often used in conjunction with acupuncture, moxibustion, fire cupping, Chinese herbalism, t'ai chi, and qigong....
, reflexologist
Reflexology
Reflexology, or zone therapy, is an alternative medicine involving the physical act of applying pressure to the feet, hands, or ears with specific thumb, finger, and hand techniques without the use of oil or lotion...
and herbalogist. Also, health Qi Gong exercise is provided to the guests at a green Garden Lawn with a pleasant hotel synergy which it designed specially by a team of experienced personal and service staff.