<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="-6.894839" data-lng="107.605276" data-map-catchment-data-value="{&quot;lat&quot;:&quot;-6.894839&quot;,&quot;lng&quot;:&quot;107.605276&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:1200000}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;5 km&quot;,&quot;description&quot;:&quot;Estimated primary catchment within 5 km radius, covering central Bandung areas&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;20 km&quot;,&quot;description&quot;:&quot;Estimated secondary catchment up to 20 km, including greater Bandung metropolitan area&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;1,200,000 People&quot;,&quot;description&quot;:&quot;Estimated total population in primary and secondary catchment, based on Bandung&#39;s urban density of ~15,000 people/sq km&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;1.5&quot;,&quot;description&quot;:&quot;Annual population growth rate for Bandung urban area, aligned with Indonesia&#39;s urbanization trends&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;30 Years&quot;,&quot;description&quot;:&quot;Median age of Bandung residents, reflecting young urban demographic&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;3.8 Persons&quot;,&quot;description&quot;:&quot;Average household size in Bandung households, per local statistics&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;25.0&quot;,&quot;description&quot;:&quot;Percentage of population with tertiary education in Bandung, higher than national average due to universities&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;6,500,000 IDR/month&quot;,&quot;description&quot;:&quot;Estimated median monthly household income in Bandung, equivalent to ~USD 420&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;6.2&quot;,&quot;description&quot;:&quot;Unemployment rate in Bandung city, based on recent economic data&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;45 Index (US=100)&quot;,&quot;description&quot;:&quot;Cost of living index for Bandung, indicating affordability compared to global standards&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;1,200 USD/year&quot;,&quot;description&quot;:&quot;Annual per capita retail spending in urban Indonesia, adjusted for Bandung&#39;s fashion focus&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;350 USD/year&quot;,&quot;description&quot;:&quot;Estimated annual spending on apparel per capita in Bandung, known as a shopping destination&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;450 USD/year&quot;,&quot;description&quot;:&quot;Annual per capita spending on groceries, based on household consumption patterns&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;250 USD/year&quot;,&quot;description&quot;:&quot;Estimated annual spending on electronics per capita, reflecting growing middle class&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;7,500,000 Visitors/year&quot;,&quot;description&quot;:&quot;Estimated annual visitors to Cihampelas Walk, based on similar mid-sized malls in Indonesia&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;90 Minutes&quot;,&quot;description&quot;:&quot;Average dwell time per visit, due to open-air and entertainment features&quot;},{&quot;label&quot;:&quot;Conversion rate&quot;,&quot;value&quot;:&quot;25.0&quot;,&quot;description&quot;:&quot;Percentage of visitors making a purchase, typical for lifestyle malls&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;15,000,000 IDR/sqm/year&quot;,&quot;description&quot;:&quot;Annual sales per square meter, estimated from Indonesian retail benchmarks&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;138 Stores&quot;,&quot;description&quot;:&quot;Total number of retail outlets in the mall&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Anchor tenants include Matahari Department Store and Yogya Supermarket&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;Medium Density&quot;,&quot;description&quot;:&quot;Moderate density of similar lifestyle malls in Bandung like Paris Van Java&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;High Diversity&quot;,&quot;description&quot;:&quot;Mix of fashion, dining, entertainment, and local brands&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;Open-air green mall Concepts&quot;,&quot;description&quot;:&quot;Unique open-air and pedestrian-friendly design differentiating from enclosed malls&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;25,000 sqm&quot;,&quot;description&quot;:&quot;Total gross leasable area, converted from 400,326 sq ft&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;3 Levels&quot;,&quot;description&quot;:&quot;Multi-level structure with ground, upper retail, and extension areas&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;500,000 IDR/sqm/month&quot;,&quot;description&quot;:&quot;Estimated average monthly rent, based on Bandung commercial rates&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;5.0&quot;,&quot;description&quot;:&quot;Low vacancy rate, indicating strong occupancy in prime location&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;Medium Flexibility&quot;,&quot;description&quot;:&quot;Standard 3-5 year leases with some flexibility for smaller tenants&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;2,000 sqm&quot;,&quot;description&quot;:&quot;Estimated available space for new leases, approximate&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;Direct Access&quot;,&quot;description&quot;:&quot;Located directly on Jalan Cihampelas, a major arterial road in Bandung&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;High Access&quot;,&quot;description&quot;:&quot;Excellent access via Angkot minibuses and ride-sharing along Cihampelas Street&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;1,500 Spaces&quot;,&quot;description&quot;:&quot;Estimated parking capacity including multi-level and bus areas&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;High Traffic&quot;,&quot;description&quot;:&quot;High pedestrian flow due to street-level shops and skywalk connection&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;High Competition&quot;,&quot;description&quot;:&quot;Strong competition from platforms like Shopee and Tokopedia in Indonesia&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;30.0&quot;,&quot;description&quot;:&quot;Adoption rate of click-and-collect services in urban retail, growing trend&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;75.0&quot;,&quot;description&quot;:&quot;Internet penetration rate in Bandung, supporting digital retail&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;Low Rate&quot;,&quot;description&quot;:&quot;Low retail crime aligned with Bandung&#39;s overall crime index of 36/100&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;CCTV and guards Measures&quot;,&quot;description&quot;:&quot;Standard security with CCTV, on-site guards, and patrols&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;Frequent Events&quot;,&quot;description&quot;:&quot;Regular events like creative markets and festivals to attract visitors&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;20.0&quot;,&quot;description&quot;:&quot;Estimated penetration of mall loyalty programs among visitors&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;High Presence&quot;,&quot;description&quot;:&quot;Prominent digital signage for promotions and navigation&quot;}],&quot;Growth Potential&quot;:[{&quot;label&quot;:&quot;Projected foot traffic growth&quot;,&quot;value&quot;:&quot;5.0&quot;,&quot;description&quot;:&quot;Projected annual growth in foot traffic, driven by urban expansion&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;Ongoing Pipeline&quot;,&quot;description&quot;:&quot;Active recruitment of new tenants, especially in fashion and F\u0026B&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;Skywalk integration Plans&quot;,&quot;description&quot;:&quot;Plans for integration with Teras Cihampelas skywalk for enhanced connectivity&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[{&quot;id&quot;:1457,&quot;slug&quot;:&quot;bandung-indah-plaza&quot;,&quot;name&quot;:&quot;Bandung Indah Plaza&quot;,&quot;lat&quot;:&quot;-6.910003&quot;,&quot;lng&quot;:&quot;107.613552&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Bandung Indah Plaza, located at Jalan Merdeka No. 56 in the heart of Bandung&#39;s Central Business District, is a mid-tier retail mall completed in 1990 with a gross floor area of 75,868 square meters and net lettable area of 30,361 square meters across four levels plus three basement levels and a carpark. It features 172 tenants, anchored by Matahari Department Store, Hyfresh supermarket, and MR D.I.Y., alongside Cinema XXI, Richeese Factory Outlet, and various local specialty stores focusing on apparel, electronics, and dining. The tenant mix caters primarily to low to upper-middle income consumers, with a strong emphasis on local Indonesian brands rather than international luxury options. Occupancy stands at 85.9% as of December 2024, below the portfolio average of 93.9% but aligned with industry norms around 85.3% for similar properties in West Java. Annual footfall reaches 4.9 million visitors, benefiting from its strategic position on a major north-south artery, proximity to middle to upper-income residential areas, and attachment to the 5-star Aryaduta Bandung Hotel, enhancing accessibility for both locals and tourists. The surrounding demographics include Bandung&#39;s population of approximately 2.5 million, characterized by a young median age of 30 years, growing middle class with household incomes averaging IDR 5-10 million monthly, and high student presence from universities like ITB. Market position as one of Bandung&#39;s oldest malls provides stable, established traffic in a competitive landscape with over 20 shopping centers, including upscale rivals like Paris Van Java Mall and family-oriented Trans Studio Mall. Leasing advantages include relatively affordable base rents estimated at IDR 300,000-500,000 per square meter per month for ground floor spaces, flexible lease terms under the land lease expiring in 2030, and robust parking with 602 car lots and 1,068 motorcycle spaces supporting Indonesia&#39;s two-wheeler dominant mobility. However, challenges arise from the property&#39;s age leading to potential maintenance issues and less modern amenities compared to newer developments, as well as market saturation in Bandung&#39;s retail sector where e-commerce growth and economic pressures post-2023 have softened discretionary spending in non-essential categories.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bandung&quot;},&quot;anchor_tenants&quot;:&quot;Matahari Department Store, Hyfresh, MR D.I.Y., Cinema XXI&quot;,&quot;distance&quot;:1.92,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;172&quot;,&quot;gla_sqm&quot;:&quot;30361&quot;,&quot;anchor_tenants&quot;:&quot;Matahari Department Store, Hyfresh, MR D.I.Y., Cinema XXI&quot;}},{&quot;id&quot;:2651,&quot;slug&quot;:&quot;bandung-trade-center-btc-fashion-mall&quot;,&quot;name&quot;:&quot;Bandung Trade Center (Btc) Fashion Mall&quot;,&quot;lat&quot;:&quot;-6.8944&quot;,&quot;lng&quot;:&quot;107.5883&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Located at Jl. Dr. Djunjunan 143-149, Cicendo, Bandung, West Java 40173, Indonesia, Bandung Trade Center (BTC) Fashion Mall is a four-story retail destination spanning approximately 25,000 square meters of lettable area, established in 2007 as a hub for fashion and lifestyle shopping. The property features over 200 tenants, with a tenant mix dominated by mid-tier apparel brands such as Mango, Zara-inspired locals, and Indonesian designers, complemented by 30% F\u0026B outlets including cafes and quick-service restaurants, and 20% entertainment options like arcades and cinemas. Positioned in the Cicendo district, it benefits from proximity to residential neighborhoods, educational institutions like Universitas Padjadjaran, and major roads connecting to Bandung&#39;s city center, enhancing accessibility via public transport and private vehicles. In Bandung&#39;s competitive retail landscape, which hosts over 20 malls and recorded an average occupancy of 80% in 2024 per Colliers International reports, BTC maintains a market position as an affordable alternative to premium venues like Paris Van Java Mall. Leasing advantages include flexible space configurations from 50 to 500 square meters, base rents averaging IDR 300,000 per square meter per year (below the city average of IDR 450,000), and incentives like rent-free periods of 3-6 months for new tenants. The mall&#39;s footfall averages 500,000 visitors monthly, driven by local demographics of young professionals and students aged 18-35, with household incomes of IDR 10-20 million annually. However, challenges include seasonal dips during rainy seasons affecting outdoor access and competition from e-commerce platforms eroding physical retail sales by 15% year-over-year. Operational quality is moderate, with recent upgrades to HVAC systems but noted maintenance issues in common areas. Overall, BTC offers balanced leasing prospects for fashion and lifestyle retailers targeting value-conscious consumers in a growing urban market projected to expand at 5% CAGR through 2028.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bandung&quot;},&quot;anchor_tenants&quot;:&quot;Giant Supermarket, XXI Cinema, Various Fashion Brands&quot;,&quot;distance&quot;:1.87,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;20000&quot;,&quot;anchor_tenants&quot;:&quot;Giant Supermarket, XXI Cinema, Various Fashion Brands&quot;}},{&quot;id&quot;:1458,&quot;slug&quot;:&quot;23-paskal-shopping-center&quot;,&quot;name&quot;:&quot;23 Paskal Shopping Center&quot;,&quot;lat&quot;:&quot;-6.9125&quot;,&quot;lng&quot;:&quot;107.59&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;23 Paskal Shopping Center, located at Jl. Pasir Kaliki No. 25-27 in the Andir district of Bandung, West Java, Indonesia, forms part of the larger Paskal Hyper Square complex developed by PT Indonesian Paradise Property Tbk. The property spans approximately 2,779 square meters of land area in its recent extension, featuring 147 retail units with an average size of 208 square meters. It operates daily from 10:00 AM to 10:00 PM and integrates seamlessly with surrounding shop-house developments, offering an outdoor-indoor concept that leverages Bandungs temperate climate. The tenant mix emphasizes lifestyle and retail diversity, including international fashion brands such as Zara, H\u0026M, Pull \u0026 Bear, Bershka, Stradivarius, and Sephora; sports retailers like Adidas and Sport Station; essential services via a supermarket, Watsons pharmacy, and Gramedia bookstore; and dining options encompassing food courts, standalone restaurants like Pepper Lunch and Dim Sum outlets, cafes, and bakeries such as Tous Le Jours. Entertainment facilities include a CGV cinema and kids playgrounds, complemented by the extensions focus on niche areas like IoT technology stores, modest fashion zones, sports experiences, cooking studios, and gyms. In Bandungs competitive retail landscape, which includes larger destinations like Paris Van Java Mall and Trans Studio Mall, 23 Paskal positions itself as a mid-tier, community-oriented center catering to local residents rather than high-end tourism. Bandung, as Indonesias fourth-largest city with a population exceeding 2.5 million, benefits from a growing retail sector projected to expand at a 5.6% CAGR through 2030, driven by rising middle-class incomes and urbanization. Leasing advantages include strategic proximity to Bandung Station for enhanced accessibility via public transport, a reported average occupancy rate of around 91% for the developers portfolio, and flexible unit sizes suitable for small to medium retailers. However, potential challenges involve moderate footfall compared to mega-malls, estimated at 5,000-7,000 daily visitors based on similar properties, and rent levels averaging IDR 300,000-500,000 per square meter annually, influenced by location premiums and market saturation in fashion categories. The centers operational quality is supported by comprehensive facilities including valet parking, wheelchair access, prayer rooms, and ATMs, though parking availability can strain during peak weekends.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bandung&quot;},&quot;anchor_tenants&quot;:&quot;Zara, H\u0026M, Sephora, Uniqlo, Stradivarius, Bershka, Supermarket, Cinema&quot;,&quot;distance&quot;:2.59,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;270&quot;,&quot;gla_sqm&quot;:&quot;30000&quot;,&quot;anchor_tenants&quot;:&quot;Zara, H\u0026M, Sephora, Uniqlo, Stradivarius, Bershka, Supermarket, Cinema&quot;}},{&quot;id&quot;:2603,&quot;slug&quot;:&quot;paris-van-java&quot;,&quot;name&quot;:&quot;Paris Van Java&quot;,&quot;lat&quot;:&quot;-6.889&quot;,&quot;lng&quot;:&quot;107.596&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Paris Van Java, located at Jl. Sukajadi 131-139 in Bandungs upscale Dago district, is a 140,000 sqm premium resort-style mall opened in 2009 with 5 levels and 2,000 parking spaces. It targets a primary catchment of 1.2 million people within 10 km, featuring a young demographic with 40% aged 15-34 and over 200,000 university students nearby. Median household income is 6.5 million IDR per month, supporting per capita retail spending of 2.5 million IDR annually. Tenant mix comprises 40% fashion and apparel including Zara, H\u0026M, and Uniqlo; 30% F\u0026B with more than 50 outlets like Starbucks and local eateries; 15% entertainment such as CGV Cinemas, ice skating rink, and kids zones; and 15% services with anchors like Hypermart supermarket and Metro Department Store. Occupancy rate is 94%, with daily footfall of 20,000-30,000 increasing to over 50,000 on weekends, yielding 15 million annual visitors and average dwell time of 2.5 hours. Rents range from 700,000 to 900,000 IDR per sqm per month, plus 8-10% turnover rents. Positioned as an immersive lifestyle destination with Mediterranean architecture and open-air elements, it leverages tourism from Jakarta via 40-minute high-speed rail connection. Leasing advantages include flexible terms for new tenants, pop-up spaces, and 25% conversion rates, though drawbacks encompass traffic congestion, parking constraints, e-commerce competition eroding 3-5% traffic yearly, and apparel category saturation causing 10-15% tenant turnover.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bandung&quot;},&quot;anchor_tenants&quot;:&quot;Transmart, Metro Department Store, XXI Cinema&quot;,&quot;distance&quot;:1.21,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;140000&quot;,&quot;anchor_tenants&quot;:&quot;Transmart, Metro Department Store, XXI Cinema&quot;}},{&quot;id&quot;:1456,&quot;slug&quot;:&quot;trans-studio-mall-bandung&quot;,&quot;name&quot;:&quot;Trans Studio Mall Bandung&quot;,&quot;lat&quot;:&quot;-6.926186&quot;,&quot;lng&quot;:&quot;107.636222&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Trans Studio Mall Bandung is a multi-level shopping center located at Jalan Gatot Subroto No. 289 in the Batununggal district of Bandung, West Java, Indonesia, integrated within the larger Trans Studio complex that includes Indonesia&#39;s largest indoor theme park, luxury hotels such as The Trans Luxury Hotel and ibis Bandung Trans Studio, and entertainment facilities. Opened in 2014, the mall spans approximately 100,000 square meters of gross leasable area across five floors, positioning it as a key lifestyle and retail destination in Bandung&#39;s competitive market, which features over 20 major malls serving a metropolitan population of about 8.5 million. The tenant mix emphasizes a blend of international and local brands, with anchors including Metro Department Store for fashion and household goods, Transmart hypermarket for groceries, XXI Cinemas for entertainment, Gramedia bookstore, and Celebrity Fitness gym, alongside over 200 specialty stores featuring luxury labels like Hugo Boss, Salvatore Ferragamo, Tods, and Furla, complemented by more than 100 food and beverage outlets ranging from casual dining to upscale restaurants. This diverse mix supports family-oriented shopping, drawing from the theme park&#39;s visitor traffic. Market position is strong due to its entertainment synergy, contributing to Bandung&#39;s retail sector growth amid Indonesia&#39;s expanding middle class, though the city faces moderate saturation with occupancy rates for prime malls averaging 90-95% as per 2023 commercial real estate reports. Leasing advantages include high footfall of 1-1.5 million monthly visitors, amplified by theme park attendance exceeding 500,000 annually, and strategic visibility in a university-rich area with a youthful demographic. However, retailers should note potential challenges like elevated rental rates compared to mid-tier malls and urban traffic congestion impacting accessibility. Overall, it offers robust performance potential for experiential retail categories such as fashion, F\u0026B, and leisure, supported by modern infrastructure and operational efficiency.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bandung&quot;},&quot;anchor_tenants&quot;:&quot;Metro Department Store, Transmart, TSM XXI, Gramedia, Celebrity Fitness&quot;,&quot;distance&quot;:4.88,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;200&quot;,&quot;gla_sqm&quot;:&quot;50000&quot;,&quot;anchor_tenants&quot;:&quot;Metro Department Store, Transmart, TSM XXI, Gramedia, Celebrity Fitness&quot;}},{&quot;id&quot;:4755,&quot;slug&quot;:&quot;e-walk-bandung&quot;,&quot;name&quot;:&quot;E Walk Bandung&quot;,&quot;lat&quot;:&quot;-6.88&quot;,&quot;lng&quot;:&quot;107.616&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;E Walk Bandung, located at Jl. Cihampelas No. 160 in Bandung, Indonesia, is a 50,000 sqm shopping center built in 2004 and owned by PT. Karya Abadi Samarga. It spans 4 levels with 150 stores and maintains 95% occupancy, with 2,000 sqm available. Annual footfall of 5 million supports anchors like Cinema XXI, Ramayana Department Store, and F\u0026B outlets, featuring medium tenant diversity and unique concepts. The 5 km primary catchment serves 1 million residents, median age 30, household income 10 million IDR monthly. Rents average 500,000 IDR per sqm yearly with medium lease flexibility. Market position leverages high road proximity, good public transport, and pedestrian traffic, plus weekly events and 40% loyalty penetration. Challenges include high competitor density, e-commerce pressure, aging infrastructure, and needs for family amenities and trendy fashion. Sales reach 20 million IDR per sqm annually, with low crime and expansion plans aiding leasing.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bandung&quot;},&quot;anchor_tenants&quot;:&quot;Cinema XXI, Ramayana Department Store, Various F\u0026B&quot;,&quot;distance&quot;:2.03,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;25000&quot;,&quot;anchor_tenants&quot;:&quot;Cinema XXI, Ramayana Department Store, Various F\u0026B&quot;}},{&quot;id&quot;:2610,&quot;slug&quot;:&quot;bandung-trade-center&quot;,&quot;name&quot;:&quot;Bandung Trade Center&quot;,&quot;lat&quot;:&quot;-6.909&quot;,&quot;lng&quot;:&quot;107.619&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Bandung Trade Center (BTC) Fashion Mall, established in 2003, is a mid-tier shopping destination located at Jl. Dr. Djunjunan No. 143-149 in the Pasteur district of Bandung, West Java, Indonesia. Spanning approximately 50,000 square meters with multiple floors, it serves as a key entry point to the city via the Pasteur toll gate, enhancing accessibility for visitors from Jakarta and surrounding areas. The property features a strata-titled structure typical of trade centers, housing over 500 small retail units focused on affordable fashion, including women\&quot;s and children\&quot;s clothing, batik textiles, bags, and accessories, predominantly from local and independent vendors rather than international brands. Complementary amenities include a Giant supermarket, Miniso store, food court with diverse Indonesian and fast-food options like KFC, cafes such as Starbucks and Chatime, a cinema complex, and a convention center. It is directly connected to Trans Studio Bandung, Indonesia\&quot;s second-largest indoor theme park, which boosts cross-traffic and entertainment appeal. In Bandung\&quot;s competitive retail landscape, with over 100 malls, BTC holds a niche in budget-conscious fashion shopping, attracting middle-income locals, families, and domestic tourists. Occupancy rates hover around 85-90%, supported by annual footfall exceeding 5 million visitors, driven by its strategic location and events like fashion exhibitions. Leasing advantages include flexible unit sizes from 20-100 sqm, turnover rents starting at IDR 250,000 per sqm per month base, plus 8-10% of sales, and promotional support through mall-wide marketing. However, challenges include aging infrastructure from its 20+ years of operation, leading to occasional maintenance issues, and intense competition from newer upscale malls like Paris Van Java and 23 Paskal, which draw premium tenants and higher-spending demographics. Market saturation in fashion categories poses risks of tenant churn, while Bandung\&quot;s traffic congestion can hinder accessibility during peak hours. Overall, BTC suits value-oriented retailers seeking high visibility in a high-traffic corridor but requires strategies to differentiate amid evolving consumer preferences toward experiential retail.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bandung&quot;},&quot;anchor_tenants&quot;:&quot;Cinema XXI, Miniso, Supermarket&quot;,&quot;distance&quot;:2.19,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;30000&quot;,&quot;anchor_tenants&quot;:&quot;Cinema XXI, Miniso, Supermarket&quot;}},{&quot;id&quot;:5231,&quot;slug&quot;:&quot;ramayana-luv-mall&quot;,&quot;name&quot;:&quot;Ramayana Luv Mall&quot;,&quot;lat&quot;:&quot;-6.8864347&quot;,&quot;lng&quot;:&quot;107.5964294&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Ramayana Luv Mall in Bandung serves as a neighborhood retail center anchored by the Ramayana department store, spanning about 25,000 square meters across three levels. Established in the mid-2000s, it caters primarily to middle-lower income shoppers in West Bandung, a densely populated area with over 2.5 million residents in the greater metropolitan region. The tenant mix emphasizes affordable fashion (45%), groceries and household essentials (25%), food and beverage outlets (20%), and services like banking and clinics (10%), featuring local Indonesian brands alongside basics from international chains. Occupancy hovers at 92-95%, reflecting steady demand in a market where budget retail saturation reaches 70%. Rent levels are competitive at IDR 250,000 to 450,000 per square meter per month, with incentives such as 3-6 month rent abatements for new lessees. Footfall averages 4,500 to 6,500 daily visitors, peaking at 10,000 on weekends, driven by proximity to residential neighborhoods and universities, though challenged by competition from upscale destinations like Paris Van Java Mall, which captures higher-end traffic. Accessibility is facilitated by major arterial roads and public transport links, but traffic congestion and limited parking (500 spots) pose operational hurdles. Demographically, the catchment area features a young population with median age of 29, 55% female, and average household income of IDR 4-7 million monthly, supporting consistent traffic for everyday purchases. Strengths include loyal local patronage and low operational costs; weaknesses encompass aging infrastructure, including outdated escalators and HVAC systems requiring IDR 100-200 million in upgrades, and vulnerability to economic downturns reducing discretionary spending by up to 20%. In the broader Bandung retail landscape, characterized by 25+ shopping centers and annual growth of 5-7% in square footage, this property positions well for value-oriented retailers but demands careful navigation of intense competition and seasonal tourism fluctuations in nearby Lembang areas.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bandung&quot;},&quot;anchor_tenants&quot;:&quot;Ramayana Department Store, Matahari, Cinema XXI&quot;,&quot;distance&quot;:1.35,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;40000&quot;,&quot;anchor_tenants&quot;:&quot;Ramayana Department Store, Matahari, Cinema XXI&quot;}},{&quot;id&quot;:1459,&quot;slug&quot;:&quot;aeon-mall-bandung&quot;,&quot;name&quot;:&quot;Aeon Mall Bandung&quot;,&quot;lat&quot;:&quot;-6.889043&quot;,&quot;lng&quot;:&quot;107.596066&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;AEON Mall Bandung, situated in the Buah Batu area along Jl. Terusan Buah Batu, Bandung, West Java, Indonesia, opened in September 2014 as the second AEON Mall in the country after its Jakarta counterpart. Covering a gross leasable area (GLA) of approximately 120,000 square meters across three floors, it serves as a key retail destination in a city known for its vibrant shopping scene and textile industry. The tenant mix comprises over 250 stores, with anchors including the AEON supermarket, AEON department store, and international brands such as Uniqlo, H\u0026M, Pull\u0026Bear, and local favorites like Ace Hardware and Gramedia bookstore. Food and beverage outlets occupy about 30% of the space, featuring Japanese-inspired eateries, fast food chains, and cafes, while entertainment facilities include a 10-screen XXi cinema, Timezone arcade, and indoor playgrounds. Accessibility is facilitated by its location near major roads, with ample parking for 2,500 vehicles and shuttle services from central Bandung; however, peak-hour traffic congestion on surrounding arteries poses challenges. Bandung&#39;s retail market, valued at part of Indonesia&#39;s USD 57 billion sector in 2023 per Colliers reports, benefits from a young demographic—over 40% under 30 years old, bolstered by 50+ universities drawing 200,000 students annually. AEON Mall reports average footfall of 5-6 million visitors per year, with occupancy rates consistently above 95% as of recent JLL market insights. Rent levels range from IDR 500,000 to 800,000 per square meter annually, competitive in a market where prime malls command IDR 600,000-1,000,000. Strengths include family-friendly amenities and regular promotional events enhancing dwell time, but drawbacks encompass intense competition from nearby venues like Trans Studio Mall and Paris Van Java, potential saturation in apparel categories amid e-commerce rise (20% market share growth per Nielsen), and vulnerability to economic fluctuations impacting middle-class spending (household income averaging IDR 8-12 million monthly). Operational quality is high, with modern infrastructure and Japanese management standards ensuring cleanliness and efficiency, though rising utility costs could pressure margins. Overall, it offers stable leasing opportunities for retailers targeting affordable fashion, F\u0026B, and leisure, balanced against access risks and category-specific weaknesses.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bandung&quot;},&quot;anchor_tenants&quot;:&quot;AEON, Metro Department Store, XXI Cinema&quot;,&quot;distance&quot;:1.2,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;40000&quot;,&quot;anchor_tenants&quot;:&quot;AEON, Metro Department Store, XXI Cinema&quot;}},{&quot;id&quot;:3484,&quot;slug&quot;:&quot;bandung-city-square&quot;,&quot;name&quot;:&quot;Bandung City Square&quot;,&quot;lat&quot;:&quot;-6.9174&quot;,&quot;lng&quot;:&quot;107.619&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Bandung City Square, situated at Jl. Merdeka No.54-62 in central Bandung, Indonesia, opened in 2000 as a 60,000 sqm gross leasable area mall spanning 5 levels. It hosts 180 stores with anchors including Matahari Department Store, ACE Hardware, and XXI Cinema, featuring a high-diversity tenant mix of fashion, dining (35% visit reason), home decor, and unique local artisan shops. Annual footfall stands at 2.5 million visitors, with average dwell time of 90 minutes and 25% conversion rate, bolstered by 1,200 parking spaces and strong public transport access adjacent to main roads. Occupancy is solid at 93% (7% vacancy), with 4,200 sqm available and average rents of 200,000 IDR per sqm per month, yielding sales of 15 million IDR per sqm annually. The primary 5 km catchment serves 1.2 million residents, median age 30, with 1.2% population growth and median household income of 11.7 million IDR monthly, fueling retail spending of 1,200 USD per capita yearly, particularly on apparel (78 USD) and groceries (450 USD). Leasing benefits encompass 3-5 year flexible terms, 5% projected foot traffic growth, and Phase 2 expansion plans, alongside low crime rates, CCTV security, and full digital signage. Market position is mid-tier in a saturated Bandung scene with 5 malls per sq km competitor density and high e-commerce (77% internet penetration, 40% click-and-collect), posing risks to physical retail; moderate pedestrian traffic and aging infrastructure since 2000 present operational challenges, while demands for family amenities and diverse dining could impact tenant performance if unaddressed.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bandung&quot;},&quot;anchor_tenants&quot;:&quot;Matahari Department Store, ACE Hardware, XXI Cinema&quot;,&quot;distance&quot;:2.93,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;180&quot;,&quot;gla_sqm&quot;:&quot;25000&quot;,&quot;anchor_tenants&quot;:&quot;Matahari Department Store, ACE Hardware, XXI Cinema&quot;}},{&quot;id&quot;:2631,&quot;slug&quot;:&quot;d-botanica-mall&quot;,&quot;name&quot;:&quot;D&#39;botanica Mall&quot;,&quot;lat&quot;:&quot;-6.8897&quot;,&quot;lng&quot;:&quot;107.6124&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;D&#39;Botanica Mall, situated at Jl. Djunjunan No.143-149, Pajajaran, Cicendo, Bandung, operates as a contemporary shopping center with a green mall concept, housing approximately 200 stores dedicated to retail, dining, and leisure activities. Positioned in Bandung&#39;s central tourist hub, it benefits from excellent accessibility, located merely a few hundred meters from the Pasteur toll gate, which connects to major highways from Jakarta and regional areas, easing commuter and tourist influx. The tenant mix encompasses fashion retailers such as Skechers and comprehensive outlets like OH!SOME, alongside diverse culinary venues featuring local Bandung specialties and international coffee chains like Jabarano, complemented by a cinema for entertainment. In the broader Bandung retail market, characterized by over 20 shopping centers and an occupancy rate averaging 85-90% across properties as noted in commercial real estate analyses, D&#39;Botanica holds a mid-tier position, appealing to young demographics through its eco-friendly design and vibrant atmosphere. Leasing opportunities are supported by the mall&#39;s strategic location driving potential footfall of 10,000-15,000 visitors daily, particularly on weekends, and a balanced tenant composition that fosters synergy among categories. Rent levels typically range from IDR 500,000 to 1,500,000 per square meter annually, influenced by floor and visibility. Nonetheless, retailers should consider market saturation, with competition from larger venues like Paris Van Java impacting smaller operators, alongside economic pressures from inflation that tempered retail sales growth to around 5% in 2023. Infrastructure quality remains modern, but surrounding traffic congestion and seasonal tourist variability present operational challenges.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bandung&quot;},&quot;anchor_tenants&quot;:&quot;Cinema XXI, ACE Hardware, Various Fashion Brands&quot;,&quot;distance&quot;:0.97,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;200&quot;,&quot;gla_sqm&quot;:&quot;35000&quot;,&quot;anchor_tenants&quot;:&quot;Cinema XXI, ACE Hardware, Various Fashion Brands&quot;}},{&quot;id&quot;:1455,&quot;slug&quot;:&quot;paris-van-java-mall&quot;,&quot;name&quot;:&quot;Paris Van Java Mall&quot;,&quot;lat&quot;:&quot;-6.8936&quot;,&quot;lng&quot;:&quot;107.6194&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Paris Van Java Mall, located at Jl. Sukajadi 131-139 in Bandung, West Java, is a 140,000 sqm resort-style shopping center opened in 2009, blending Mediterranean architecture with open-air layouts and lush greenery to create an immersive lifestyle destination. It positions itself as a premium retail hub in Bandungs upscale Dago district, targeting middle to upper-middle income families, young professionals, and students from nearby universities like ITB and Unpad. The tenant mix features approximately 200 stores across categories including fashion (Zara, H\u0026M, local brands), electronics (Samsung, Apple), home goods, and over 50 F\u0026B outlets ranging from international chains like Starbucks and McDonalds to local cafes, alongside entertainment options such as CGV Cinemas, ice skating rink, and kids zones. Anchors include Hypermart supermarket and Gramedia bookstore. Accessibility is strong via the Pasteur toll gate, about 20 minutes from central Bandung, though reliant on private vehicles due to limited public transit and frequent traffic congestion. Market reports indicate Bandungs retail sector grew 5-7% annually post-2023, with prime mall occupancy at 92-95% and average rents at IDR 600,000-900,000 per sqm per month. Leasing advantages include flexible terms for new entrants, high weekend footfall exceeding 50,000 visitors, and strong sales per sqm around IDR 10-15 million monthly, driven by tourism from Jakarta via high-speed rail. However, challenges include market saturation in fashion retail and competition from e-commerce, potentially pressuring mid-tier tenants. Operational quality is high with modern facilities, but aging elements like parking (2,000 spaces) face strain during peaks. Overall, it offers balanced performance in a vibrant student-tourist market, with risks from economic slowdowns affecting discretionary spending.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bandung&quot;},&quot;anchor_tenants&quot;:&quot;Transmart, Metro Department Store, Gramedia, Trans Studio Cinema&quot;,&quot;distance&quot;:1.57,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;140000&quot;,&quot;anchor_tenants&quot;:&quot;Transmart, Metro Department Store, Gramedia, Trans Studio Cinema&quot;}}],&quot;secondary&quot;:[{&quot;id&quot;:2112,&quot;slug&quot;:&quot;festival-citylink&quot;,&quot;name&quot;:&quot;Festival Citylink&quot;,&quot;lat&quot;:&quot;-6.934167&quot;,&quot;lng&quot;:&quot;107.633333&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Festival Citylink is a mixed-use development in southern Bandung, Indonesia, operational since September 2010 and officially opened on October 28, 2010, by developer Agung Podomoro Land. Spanning six floors with a net leasable area of 52,167 square meters, it integrates a shopping mall, a 4-star Harris Hotel with 180 rooms, a 2-star POP! Hotel with 175 rooms, and a convention hall. Located at Jl. Peta No. 241, Suka Asih, Bojongloa Kaler, it serves the western and southern suburbs of Bandung, a city with a population of approximately 2.53 million in 2024 and a density of 15,175 people per square kilometer. The tenant mix emphasizes family-oriented retail, featuring anchor stores like Lotte Mart hypermarket, Matahari Department Store, Uniqlo for fashion, Gramedia bookstore, Toys Kingdom for children, Mr. DIY for home improvement, and Cinema XXI for entertainment. Dining options include a multi-level food hall D&#39;Cost on floors 2 and 3, offering Indonesian, Western, and Japanese cuisines, alongside various food stands. Additional facilities comprise a dedicated mosque (Darusallam) with amenities for prayer, ample parking, kids playground, and sitting areas, catering to local Muslim-majority demographics and families. In the competitive Bandung retail market, which includes prominent centers like Trans Studio Mall and Paris Van Java, Festival Citylink holds a mid-tier position focused on everyday shopping and community needs rather than luxury or tourism-driven experiences. Leasing advantages include stable occupancy inferred from consistent weekend footfall and positive reviews noting moderate crowds without overcrowding, strategic proximity to residential areas and the Bandung Train Station (12-minute drive), and integrated hotel synergy boosting dwell time. However, challenges arise from regional market saturation, with over 20 major malls in Bandung drawing comparison in footfall metrics, where central locations often outperform suburban ones; estimated annual footfall around 5-7 million visitors based on similar properties, though exact data is unavailable. Rent levels in Bandung suburban malls typically range from IDR 400,000 to 800,000 per square meter per year, influenced by category and location, with potential for turnover rents tied to sales performance. Accessibility via Jalan Peta (southern ring road) is convenient but prone to traffic congestion during peak hours, impacting operational efficiency. Overall, it suits mid-market retailers targeting middle-income families with average monthly wages around IDR 4.48 million, but requires vigilance against competition from e-commerce and nearby outlets eroding physical store traffic.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bandung&quot;},&quot;anchor_tenants&quot;:&quot;Lotte Mart, Cinema XXI, Gramedia&quot;,&quot;distance&quot;:5.36,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;52167&quot;,&quot;anchor_tenants&quot;:&quot;Lotte Mart, Cinema XXI, Gramedia&quot;}},{&quot;id&quot;:2111,&quot;slug&quot;:&quot;ramayana-lembang&quot;,&quot;name&quot;:&quot;Ramayana Lembang&quot;,&quot;lat&quot;:&quot;-6.8175&quot;,&quot;lng&quot;:&quot;107.6214&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Ramayana Lembang, located at Jl. Raya Lembang No. 123 in Lembang, a northern suburb of Bandung, West Java, Indonesia, is a 10,000 sqm value-oriented shopping mall established in 2005. It targets lower to lower-middle income families and tourists, with a Gross Leasable Area of 10,000 sqm across 2-3 levels hosting 50 stores. Tenant mix consists of 80% in-house Ramayana brands offering affordable apparel, household goods, and accessories, plus 20% local vendors in food and services. Anchor tenants include Ramayana Department Store and a local supermarket. Occupancy exceeds 95%, with weekly footfall of 15,000-20,000, rising to 30,000 during peak tourist seasons due to nearby attractions like Floating Market Lembang drawing over 5 million visitors annually. Rent levels are IDR 200,000-300,000 per sqm per year, featuring 3-5 year leases with 5-8% turnover rent clauses and incentives such as 3-month rent-free periods. The primary catchment area covers 300,000 residents with median household income of IDR 4 million monthly, supplemented by Greater Bandung metro. Market position is solid in budget retail segments amid 75% department store saturation, supported by tourism but challenged by e-commerce eroding 15-20% of sales and competition from malls like Paris Van Java 20 km away. Accessibility via Jalan Raya Lembang includes public transport and 200-500 parking spaces, though congestion affects hilly access during peaks. Operational quality is average, with some aging infrastructure including HVAC systems. Leasing advantages encompass low barriers for small 50-200 sqm spaces and 30% conversion rates, ideal for volume sales in essentials, while drawbacks involve seasonal fluctuations and economic risks to discretionary categories.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bandung&quot;},&quot;anchor_tenants&quot;:&quot;Ramayana Department Store, Local Supermarket&quot;,&quot;distance&quot;:8.78,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;12000&quot;,&quot;anchor_tenants&quot;:&quot;Ramayana Department Store, Local Supermarket&quot;}},{&quot;id&quot;:8404,&quot;slug&quot;:&quot;lippo-mall-bandung&quot;,&quot;name&quot;:&quot;Lippo Mall Bandung&quot;,&quot;lat&quot;:&quot;-6.920245&quot;,&quot;lng&quot;:&quot;107.660599&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Lippo Mall Bandung, operating as Bandung Indah Plaza, is situated in the heart of Bandungs central business district at Jalan Merdeka No. 56, West Java. Established in 1990, it offers 30,361 sqm of net lettable area across four retail levels and three basements, with 602 car parking spaces and 1,068 motorcycle bays. The property targets middle to upper-income residents in Bandung, Indonesias fourth-largest city with over 2.4 million inhabitants, benefiting from excellent connectivity via Jalan Merdeka linking northern and southern areas. Adjacent to the 5-star Aryaduta Bandung Hotel, it attracts both locals and tourists. The tenant mix comprises 172 outlets, anchored by Matahari Department Store, Hyfresh supermarket, MR D.I.Y. hardware chain, and Cinema XXI theater, covering fashion, groceries, dining, electronics, and entertainment categories. Annual footfall reaches 4.9 million visitors, supported by the citys vibrant economy in education, tourism, and manufacturing. Occupancy stands at 85.9% as of December 2024, with portfolio-wide rent levels for similar Lippo properties averaging IDR 600,000 to 900,000 per sqm per month. Leasing opportunities are enhanced by the malls established position and diverse mix, fostering cross-traffic. Nonetheless, aging infrastructure from 1990 construction requires ongoing investments, while Bandungs retail market shows high saturation with competitors like Paris Van Java Mall and Trans Studio Mall drawing younger demographics. Economic factors, including post-pandemic recovery and rising e-commerce penetration, influence performance, with occupancy below pre-2020 levels in some reports.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bandung&quot;},&quot;anchor_tenants&quot;:&quot;Cinema XXI, Matahari Department Store, MR DIY, Hyfresh, Richeese, The Executive&quot;,&quot;distance&quot;:6.73,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;30288&quot;,&quot;anchor_tenants&quot;:&quot;Cinema XXI, Matahari Department Store, MR DIY, Hyfresh, Richeese, The Executive&quot;}},{&quot;id&quot;:3478,&quot;slug&quot;:&quot;summarecon-mall-bandung&quot;,&quot;name&quot;:&quot;Summarecon Mall Bandung&quot;,&quot;lat&quot;:&quot;-6.9458&quot;,&quot;lng&quot;:&quot;107.6665&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Summarecon Mall Bandung, located in the Summarecon Bandung integrated township in Gedebage, opened on January 18, 2024, spanning a 10-hectare site with a net leasable area of approximately 46,000 square meters. Positioned in a 300-hectare master-planned community, it targets middle to upper-middle income families and young professionals in Bandung&#39;s growing eastern suburbs. The tenant mix emphasizes lifestyle and family-oriented retail, with around 71 tenants including international brands in fashion (Adidas, Asics, Aldo, Birkenstock), jewelry (Adelle), fitness (Anytime Fitness), and department stores like Sogo, alongside electronics (Best Denki) and hardware (Ace Hardware). F\u0026B occupies a significant portion with The Downtown Walk alfresco dining area featuring live music, complemented by entertainment options and a central Sawarga Courtyard green space inspired by tropical gardens. Market position as a newer entrant in Bandung&#39;s competitive retail landscape, where established malls like Paris Van Java and Trans Studio dominate city center footfall; however, its integration with residential, office, and hotel developments (e.g., planned Harris Hotel) supports captive audience growth. Leasing advantages include flexible terms for emerging retailers, competitive rents estimated at IDR 600,000-900,000 per square meter annually, and strong operational quality with themed Bandung-inspired atriums (e.g., Lobby Caang, Atrium Ciunik) enhancing visitor experience. Occupancy reached about 70% at opening, climbing to 85% by mid-2025 per company reports, driven by suburban expansion. Accessibility via Gedebage toll road (KM 149 Padaleunyi) and Jakarta-Bandung high-speed train with shuttle services bolsters potential, though initial footfall averages 8,000-12,000 daily, below city center averages of 20,000+. Drawbacks include saturation in fashion categories, reliance on township traffic amid regional competition, and infrastructure challenges in the developing Gedebage area, such as occasional toll congestion. Overall, it offers balanced opportunities for retailers seeking suburban expansion but requires monitoring local economic factors like Bandung&#39;s 5-6% annual retail growth.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bandung&quot;},&quot;anchor_tenants&quot;:&quot;Sogo,Skechers,Sports Station&quot;,&quot;distance&quot;:8.82,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;185&quot;,&quot;gla_sqm&quot;:&quot;47000&quot;,&quot;anchor_tenants&quot;:&quot;Sogo,Skechers,Sports Station&quot;}}],&quot;outside&quot;:[]}" data-map-update-url-value="/malls/cihampelas-walk" id="mall-map-wrapper"><div data-city="Bandung" data-current-mall="true" data-id="cihampelas-walk" data-lat="-6.894839" data-lng="107.605276" data-map-target="mall" data-name="Cihampelas Walk" style="display: none;"></div><div data-map-target="map" id="map"></div><div class="demographic-panel collapsed" data-map-target="demographicPanel"><div class="panel-header"><h4><i aria-hidden="true" class="ri-bar-chart-line"></i> Market Demographics</h4><button class="toggle-btn" onclick="this.parentElement.parentElement.classList.toggle(&quot;collapsed&quot;)"><i aria-hidden="true" class="ri-arrow-down-s-line"></i></button></div><div class="panel-content"><div class="stats-category"><h5>Mall Demographics</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">5 km</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">20 km</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">1,200,000 People</div><div class="stat-label">Catchment area population</div></div><div class="stat-card"><div class="stat-value">1.5</div><div class="stat-label">Population growth rate</div></div></div></div><div class="stats-category"><h5>Economic Indicators</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">6,500,000 IDR/month</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">6.2</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">45 Index (US=100)</div><div class="stat-label">Cost of living index</div></div></div></div><div class="stats-category"><h5>Consumer Spending</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">1,200 USD/year</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">350 USD/year</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">450 USD/year</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">250 USD/year</div><div class="stat-label">Spending on electronics</div></div></div></div><div class="stats-category"><h5>Mall Traffic &amp; Performance</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">7,500,000 Visitors/year</div><div class="stat-label">Annual foot traffic</div></div><div class="stat-card"><div class="stat-value">90 Minutes</div><div class="stat-label">Dwell time</div></div><div class="stat-card"><div class="stat-value">25.0</div><div class="stat-label">Conversion rate</div></div><div class="stat-card"><div class="stat-value">15,000,000 IDR/sqm/year</div><div class="stat-label">Sales per square meter</div></div></div></div><div class="stats-category"><h5>Competition &amp; Tenant Mix</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">138 Stores</div><div class="stat-label">Number of retail stores</div></div><div class="stat-card"><div class="stat-value">Yes Presence</div><div class="stat-label">Anchor tenant presence</div></div><div class="stat-card"><div class="stat-value">Medium Density</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">High Diversity</div><div class="stat-label">Tenant diversity</div></div></div></div><div class="stats-category"><h5>Real Estate &amp; Leasing</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">25,000 sqm</div><div class="stat-label">Gross Leasable Area</div></div><div class="stat-card"><div class="stat-value">3 Levels</div><div class="stat-label">Number of Levels</div></div><div class="stat-card"><div class="stat-value">500,000 IDR/sqm/month</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">5.0</div><div class="stat-label">Vacancy rate</div></div></div></div><div class="stats-category"><h5>Accessibility &amp; Infrastructure</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Direct Access</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">High Access</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">1,500 Spaces</div><div class="stat-label">Parking spaces</div></div><div class="stat-card"><div class="stat-value">High Traffic</div><div class="stat-label">Pedestrian traffic</div></div></div></div><div class="stats-category"><h5>Digital &amp; E-commerce Trends</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">High Competition</div><div class="stat-label">E-commerce competition</div></div><div class="stat-card"><div class="stat-value">30.0</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">75.0</div><div class="stat-label">Internet penetration</div></div></div></div><div class="stats-category"><h5>Safety &amp; Security</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Low Rate</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">CCTV and guards Measures</div><div class="stat-label">Security measures</div></div></div></div><div class="stats-category"><h5>Marketing &amp; Events</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Frequent Events</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">20.0</div><div class="stat-label">Loyalty program penetration</div></div><div class="stat-card"><div class="stat-value">High Presence</div><div class="stat-label">Digital signage presence</div></div></div></div><div class="stats-category"><h5>Growth Potential</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">5.0</div><div class="stat-label">Projected foot traffic growth</div></div><div class="stat-card"><div class="stat-value">Ongoing Pipeline</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">Skywalk integration Plans</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>