Centre Point Mall, Medan — Stores, Map & Hours

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Brand Fit Snapshot

Best for:

Department Store AnchorsHypermarket TrafficNational ChainsElectronics & TechQuick-Service Dining

Not ideal if:

Ultra-Luxury PositioningSmall Format Retail

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Centre Point Mall, situated at Jl. Jawa No. 8 in the heart of Medan, North Sumatra, Indonesia, opened in 2013 as a super regional shopping destination adjacent to Medan Station. With an estimated gross leasable area of 50,000 square meters across multiple floors, it features anchor tenants including Parkson department store, Lotte Mart supermarket in the basement, and Ace Hardware. The tenant mix comprises fashion outlets like Polo Ralph Lauren, electronics stores, numerous eateries and a food court on the top floor, cafes, a XXI cinema, and specialty shops for groceries and telecom services.

Its prime location enhances accessibility via Railink from Kualanamu International Airport and local trains, drawing commuters and tourists. Medans retail sector benefits from a population exceeding 2.5 million, with a burgeoning middle class driving consumption; however, the market experiences moderate growth amid economic fluctuations. Occupancy in comparable Medan malls stands at approximately 85%, supported by daily footfall of 10,000 to 15,000 visitors.

Leasing advantages include strong transport links boosting traffic, a balanced tenant mix promoting synergy, and modern amenities like clean facilities and safety protocols. Drawbacks encompass parking limitations, road flooding during monsoons, and competition from larger venues like Deli Park City and Sun Plaza, which offer more entertainment.

Rent levels typically range from IDR 600,000 to 1,200,000 per square meter annually, varying by unit position and category, with potential for percentage rent clauses.

Overall, it suits mid-tier retailers targeting urban demographics but requires vigilance on local competition and infrastructure maintenance.

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Hours of Operation

Hours

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Monday	10:00 AM — 10:00 PM
Tuesday	10:00 AM — 10:00 PM
Wednesday	10:00 AM — 10:00 PM
Thursday	10:00 AM — 10:00 PM
Friday	10:00 AM — 10:00 PM
Saturday	10:00 AM — 10:00 PM
Sunday	10:00 AM — 10:00 PM

Holiday Hours

Hours may vary on public holidays. Check with individual stores for specific holiday schedules.

8 Jalan Jawa, Medan, Indonesia

Insights

Demographic Profile

Medan boasts a population of over 2.5 million, featuring a young urban demographic where 40% are aged 18-35, with rising middle-class households averaging IDR 10 million monthly income. Centre Point Mall appeals to local residents, office workers from central districts, and inbound tourists via its station proximity. This profile supports steady retail footfall, particularly in F&B and essentials, though income disparities may constrain luxury sales. High urbanization and literacy rates (95%) foster consumer sophistication, yet seasonal festivals influence spending patterns.

Competition and Market Factors

Centre Point faces rivalry from Sun Plaza and Deli Park City, larger complexes with expanded GLA and leisure facilities drawing higher weekend crowds. Its market position leverages central accessibility, capturing 20-25% of city-center traffic, amid Medans retail occupancy averaging 85% and low 15% vacancy. However, e-commerce growth and regional saturation in fashion erode physical sales. Footfall metrics indicate 10,000-15,000 daily visitors, bolstered by transport but vulnerable to economic downturns in Sumtras palm oil sector, impacting disposable income.

Lease Terms and Operational Risks

Operational quality at Centre Point includes modern infrastructure, efficient management, and health compliance, with clean restrooms and easy navigation. Lease terms generally span 3-5 years, incorporating base rent plus 5-10% turnover, offering flexibility for new entrants. Risks involve parking shortages deterring families, aging elements post-2013 opening, and access disruptions from flooding. Tenant mix strengths in anchors contrast weaknesses in premium categories, with market saturation in electronics posing challenges; mitigation via diversification recommended.