<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="-6.291338" data-lng="106.799993" data-map-catchment-data-value="{&quot;lat&quot;:&quot;-6.291338&quot;,&quot;lng&quot;:&quot;106.799993&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:800000}" 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;Radius covering core local residents in Cilandak and nearby areas&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;15 km&quot;,&quot;description&quot;:&quot;Extended radius including broader South Jakarta commuters&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;800,000 People&quot;,&quot;description&quot;:&quot;Estimated total population within primary and secondary areas based on South Jakarta demographics&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;1.5&quot;,&quot;description&quot;:&quot;Annual growth projection for urban South Jakarta region&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;32 Years&quot;,&quot;description&quot;:&quot;Average age of residents in catchment area, reflecting young urban families&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;3.5 Persons&quot;,&quot;description&quot;:&quot;Average number of people per household in the area&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;35.0&quot;,&quot;description&quot;:&quot;Percentage of adults with tertiary education in South Jakarta&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;12,000,000 IDR per month&quot;,&quot;description&quot;:&quot;Typical monthly income for middle-class families in Cilandak area&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;5.2&quot;,&quot;description&quot;:&quot;Current unemployment level in South Jakarta administrative region&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;105 Index (Jakarta=100)&quot;,&quot;description&quot;:&quot;Adjusted for South Jakarta&#39;s slightly higher urban costs&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;5,200,000 IDR per year&quot;,&quot;description&quot;:&quot;Annual retail expenditure per person in Jakarta metropolitan area&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;1,040,000 IDR per year&quot;,&quot;description&quot;:&quot;Estimated 20% allocation of per capita retail spend on clothing and fashion&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;1,560,000 IDR per year&quot;,&quot;description&quot;:&quot;30% of per capita spend focused on food and daily essentials&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;780,000 IDR per year&quot;,&quot;description&quot;:&quot;15% allocation for gadgets and home electronics&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;4,500,000 Visitors&quot;,&quot;description&quot;:&quot;Estimated yearly visitors based on mid-tier Jakarta mall averages&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;120 Minutes&quot;,&quot;description&quot;:&quot;Average time shoppers spend in the mall per visit&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&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;15,000,000 IDR per year&quot;,&quot;description&quot;:&quot;Annual sales revenue per square meter of leasable space&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;120 Stores&quot;,&quot;description&quot;:&quot;Total outlets including shops and F\u0026B&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Major anchors like supermarkets and department stores present&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;Medium Density&quot;,&quot;description&quot;:&quot;Several nearby lifestyle malls like Pondok Indah Mall&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;High Diversity&quot;,&quot;description&quot;:&quot;Mix of F\u0026B, retail, entertainment with international and local brands&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;Lifestyle F\u0026B hub Concepts&quot;,&quot;description&quot;:&quot;Focus on casual dining and experiential retail&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;26,165 sqm&quot;,&quot;description&quot;:&quot;Total rentable retail space in the mall&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;3 Levels&quot;,&quot;description&quot;:&quot;Multi-level structure including ground and upper floors&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;750,000 IDR per year&quot;,&quot;description&quot;:&quot;Typical annual rental rate for prime spaces in South Jakarta malls&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;4.5&quot;,&quot;description&quot;:&quot;Current unoccupied leasable space percentage&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;High Flexibility&quot;,&quot;description&quot;:&quot;Options for short-term and pop-up leases available&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;1,300 sqm&quot;,&quot;description&quot;:&quot;Current vacant spaces for new tenants&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;Adjacent Distance&quot;,&quot;description&quot;:&quot;Direct access to TB Simatupang highway&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;Good Access&quot;,&quot;description&quot;:&quot;Served by TransJakarta buses and nearby MRT stations&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;1,200 Spaces&quot;,&quot;description&quot;:&quot;Total on-site parking capacity including multi-level&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;High Traffic&quot;,&quot;description&quot;:&quot;Strong footfall from local residential areas&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;Significant online retail penetration at 50% of total market&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;35.0&quot;,&quot;description&quot;:&quot;Percentage of shoppers using in-mall pickup services&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;78.0&quot;,&quot;description&quot;:&quot;Household internet access rate in urban Jakarta&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;2.1 Incidents per 1,000 visitors&quot;,&quot;description&quot;:&quot;Low theft and security issues in monitored mall environment&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;CCTV and guards Measures&quot;,&quot;description&quot;:&quot;Comprehensive surveillance and on-site security personnel&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;Weekly Frequency&quot;,&quot;description&quot;:&quot;Regular dining promotions and seasonal events&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;45.0&quot;,&quot;description&quot;:&quot;Shopper enrollment in mall loyalty schemes&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Full Presence&quot;,&quot;description&quot;:&quot;LED screens and interactive displays throughout&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;Expected increase due to urban development&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;Ongoing Pipeline&quot;,&quot;description&quot;:&quot;Active recruitment of lifestyle and F\u0026B brands&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;None planned Plans&quot;,&quot;description&quot;:&quot;Focus on optimization rather than physical expansion&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[{&quot;id&quot;:3733,&quot;slug&quot;:&quot;antasari-place&quot;,&quot;name&quot;:&quot;Antasari Place&quot;,&quot;lat&quot;:&quot;-6.273565&quot;,&quot;lng&quot;:&quot;106.808666&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;Antasari Place is a mixed-use development in South Jakarta&#39;s Cilandak Barat area, featuring residential apartments and a compact lifestyle retail component known as Cornerstone. Completed in 2025, the retail section spans three floors with an estimated lettable area under 20,000 square meters, positioning it as a neighborhood-oriented hub rather than a regional draw. The property integrates smart living concepts with green spaces and alfresco dining, targeting upper-middle-class residents in the emerging CBD of South Jakarta. Tenant mix emphasizes food and beverage outlets, lifestyle services, and convenience retail, with a focus on culinary experiences to foster community engagement. Market position reflects Jakarta&#39;s evolving retail landscape, where smaller formats gain traction amid saturation in larger malls; overall city occupancy stands at 73.8% as of Q1 2025, with premium South Jakarta segments maintaining near 90% rates. Leasing advantages include lower entry barriers for tenants due to its scale, proximity to affluent demographics, and developer incentives like occupancy-cost packages to attract anchors. However, challenges arise from limited footfall potential in early stages, as it relies heavily on the 1,600 on-site residential units (75% sold) for traffic, estimated at under 2,000 daily visitors initially compared to 3,500+ in nearby established malls. Accessibility is strong via Jalan Antasari and proximity to toll roads, but competition from established venues like Lippo Mall Kemang (2 km away) and Pacific Place could dilute capture rates. Rent levels hover around IDR 1,000,000-1,500,000 per square meter annually, competitive for mid-tier spaces but pressured by economic factors and e-commerce growth. Operational quality benefits from modern infrastructure, though aging urban surroundings may impact long-term appeal without ongoing upgrades. Retail performance in South Jakarta benefits from a demographic profile of professionals and families with average household incomes exceeding IDR 20 million monthly, supporting discretionary spending in F\u0026B categories, yet risks include market saturation in lifestyle retail and potential weak categories like non-essential fashion amid 0.5% rent increases in Q2 2025.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Local Retail Brands&quot;,&quot;distance&quot;:2.2,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;25&quot;,&quot;gla_sqm&quot;:&quot;5000&quot;,&quot;anchor_tenants&quot;:&quot;Local Retail Brands&quot;}},{&quot;id&quot;:3359,&quot;slug&quot;:&quot;m-bloc-space&quot;,&quot;name&quot;:&quot;M Bloc Space&quot;,&quot;lat&quot;:&quot;-6.2468&quot;,&quot;lng&quot;:&quot;106.8012&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;M Bloc Space is a revitalized creative and lifestyle complex in the Blok M area of South Jakarta, Indonesia, transformed from an abandoned site into a multi-functional hub since 2019. Spanning communal areas, shophouses, and event spaces, it emphasizes youth culture, art, and local entrepreneurship with over 200 tenants including trendy cafes, street food vendors, fashion outlets, music venues, and art galleries. The property underwent significant upgrades in 2025, including expanded entrances, disability-friendly facilities, pedestrian canopies, and rebranded zones like Melting Pop for exhibitions and performances. Located near the MRT station and TransJakarta bus routes, it prioritizes public transport accessibility without on-site parking, operating cashless. In Jakarta&#39;s secondary retail market, it positions as a niche destination for experiential retail amid a recovering sector with overall mall occupancy at 81% for prime spaces but around 60% for secondary ones. Annual footfall reaches 2 million visitors, driven by events and social media appeal, with a 4.6 rating from 19,000 reviews. Tenant mix focuses on F\u0026B (40%), lifestyle and fashion (30%), and creative services (30%), attracting Gen Z and millennials in a demographic of urban young professionals with median income around IDR 10-15 million monthly. Leasing advantages include flexible terms for pop-ups and long-term spaces, supportive ecosystem for collaborations, and exposure to high-traffic youth events, though challenges involve traffic congestion, competition from e-commerce, and variable rent levels in a saturated South Jakarta market. Operational quality is enhanced by recent infrastructure improvements, but aging surrounding areas pose risks to sustained performance.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Melting Pop, M Bloc Live House, Various F\u0026B and Retail&quot;,&quot;distance&quot;:4.95,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;200&quot;,&quot;gla_sqm&quot;:&quot;7000&quot;,&quot;anchor_tenants&quot;:&quot;Melting Pop, M Bloc Live House, Various F\u0026B and Retail&quot;}},{&quot;id&quot;:3729,&quot;slug&quot;:&quot;the-park-pejaten&quot;,&quot;name&quot;:&quot;The Park Pejaten&quot;,&quot;lat&quot;:&quot;-6.2805&quot;,&quot;lng&quot;:&quot;106.829&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;The Park Pejaten is a mid-tier retail center in Pasar Minggu, South Jakarta, spanning 56,000 sqm GLA over six retail floors and two basement parking levels for 2,000 vehicles. Opened in 1991 and recently renovated in 2023 by NWP Property following its 2020 acquisition, the mall hosts 165 stores with eight anchors including Matahari Department Store, Hypermart, Ace Hardware, and Cinépolis cinema. Tenant mix emphasizes family-oriented retail with fashion outlets, F\u0026B at Kemiri dining area, entertainment like Waka-Waka Games, and lifestyle brands such as Gramedia bookstore and Fitness First gym. New additions like the 24-hour Don Don Donki store in 2025 bolster international appeal. Situated in a mature middle to upper-middle class residential neighborhood, it serves local families and benefits from TransJakarta Corridor 6 accessibility and high-visibility intersection location. In Jakartas retail landscape, where Q1 2025 occupancy averages 73.8% citywide and premium malls near 90%, this property maintains strong performance post-renovation, aiming for 50% footfall increase from COVID lows. Leasing advantages include diverse category balance and casual leasing in atrium and outdoor F\u0026B zones, with rents in South Jakarta premium segment typically IDR 500,000-1,000,000 per sqm annually. Drawbacks involve past 2018 fire recovery and market saturation risks.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Matahari Department Store, Hypermart, Ace Hardware, Cinépolis, Don Don Donki&quot;,&quot;distance&quot;:3.43,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;200&quot;,&quot;gla_sqm&quot;:&quot;56000&quot;,&quot;anchor_tenants&quot;:&quot;Matahari Department Store, Hypermart, Ace Hardware, Cinépolis, Don Don Donki&quot;}},{&quot;id&quot;:3731,&quot;slug&quot;:&quot;annajon-the-sima-retail&quot;,&quot;name&quot;:&quot;Annajon The Sima Retail&quot;,&quot;lat&quot;:&quot;-6.3031&quot;,&quot;lng&quot;:&quot;106.8424&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Annajon The Sima Retail is an upcoming shopping center in South Jakarta at Jln. TB. Simatupang 16-17, featuring 16,000 sqm GLA across 3 levels, scheduled to open in 2025. It will host 60 retail stores with medium tenant diversity and 5 unique concepts, anchored by a supermarket and fashion outlets, emphasizing shopping (40%), dining (35%), and home decor (25%). The catchment area covers 800,000 residents within 15 km, with 1.5% annual population growth, median age of 32, household size of 3.5, 25% tertiary education rate, median monthly household income of 7,500,000 IDR, and 6% unemployment. Accessibility is strong with direct main road connections, high public transport access, 500 parking spaces, though pedestrian traffic remains moderate. Projected metrics include 1.2 million annual visitors, 90-minute dwell time, 25% conversion rate, and 5% footfall growth. Average rent stands at 700,000 IDR per sqm per month, with 0% current vacancy and medium lease term flexibility. Market position leverages advanced security, digital signage, 20 annual promotional events, and 15% loyalty program penetration, but faces high competitor density, intense e-commerce rivalry (77% internet penetration, 30% click-and-collect), and South Jakarta&#39;s retail oversupply with 21,000 sqm new space in 2025, potentially pressuring occupancy and rents. Operational quality benefits from new infrastructure, though retail crime rate is 1.5%, and saturation risks could challenge performance amid economic factors.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Supermarket, Fashion Stores&quot;,&quot;distance&quot;:4.87,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;60&quot;,&quot;gla_sqm&quot;:&quot;16000&quot;,&quot;anchor_tenants&quot;:&quot;Supermarket, Fashion Stores&quot;}},{&quot;id&quot;:1441,&quot;slug&quot;:&quot;pondok-indah-mall&quot;,&quot;name&quot;:&quot;Pondok Indah Mall&quot;,&quot;lat&quot;:&quot;-6.265708&quot;,&quot;lng&quot;:&quot;106.7843&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Pondok Indah Mall, located in the upscale Pondok Indah suburb of South Jakarta, Indonesia, is a premier shopping complex comprising three interconnected buildings: PIM1 (opened 1991, 3 floors), PIM2 (opened 2005, 5 floors), and PIM3 (opened 2021, 5 floors). The total leasable area exceeds 300,000 square meters, with approximately 400 stores and services. It forms part of the mixed-use Pondok Indah City Center, including office towers, apartments, and the InterContinental Hotel with 300 rooms. Tenant mix features a balance of luxury fashion and lifestyle brands in PIM2 (e.g., international designer boutiques), everyday retail and supermarket in PIM1 (anchors: Metro Department Store, Hero Supermarket, Uniqlo), and a hybrid in PIM3 (Seibu Department Store, Ranch Market, Adidas expansions). Additional amenities include two Cinema XXI theaters, a water theme park, food courts, and event spaces like the City Hall convention center. Market position: Ranked among Jakarta top five malls by Forbes (2017), it targets upper-middle to high-income consumers in a city with 3.17 million sqm of mall space. Occupancy for premium malls like this stands at around 90% as of 2025, supported by strong recovery post-pandemic. Leasing advantages include high footfall from affluent local demographics (average household income IDR 50-100 million annually) and expats, excellent accessibility via Transjakarta busway and major roads, diverse tenant categories reducing risk, and omnichannel integration opportunities. However, challenges encompass elevated rent levels (IDR 1,500-3,000 per sqm/month for prime spaces), intense competition from nearby premium venues like Senayan City and Plaza Senayan, potential market saturation in luxury retail amid e-commerce growth, and vulnerability to economic fluctuations affecting discretionary spending. Operational quality is high with modern infrastructure, though aging elements in PIM1 may require updates. Overall, it offers stable performance in Jakartas evolving retail landscape, where premium segments outperform averages (citywide occupancy 77-80%).&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Metro Department Store, Hero Supermarket, Sogo, Seibu, Uniqlo, Cinema XXI&quot;,&quot;distance&quot;:3.34,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;600&quot;,&quot;gla_sqm&quot;:&quot;180000&quot;,&quot;anchor_tenants&quot;:&quot;Metro Department Store, Hero Supermarket, Sogo, Seibu, Uniqlo, Cinema XXI&quot;}},{&quot;id&quot;:1448,&quot;slug&quot;:&quot;lippo-mall-kemang&quot;,&quot;name&quot;:&quot;Lippo Mall Kemang&quot;,&quot;lat&quot;:&quot;-6.2615587&quot;,&quot;lng&quot;:&quot;106.8128571&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Lippo Mall Kemang, located in the upscale Kemang neighborhood of South Jakarta, is a mid-sized community lifestyle mall developed in 2012 as part of the mixed-use Kemang Village complex, which includes residential towers and a hotel. With a gross leasable area of approximately 40,000 square meters across seven floors, it caters to affluent local residents, young professionals, and expatriates in the area. The tenant mix emphasizes fashion, lifestyle, and food and beverage outlets, featuring over 200 stores including international brands like Mango, Decathlon, and Nitori, alongside popular F\u0026B options such as Kitchenette, 4Fingers Crispy Chicken, and local favorites like Bakso Lapangan Tembak Senayan. Monthly footfall averages 250,000 visitors, supported by 1,000 parking spaces and proximity to residential communities, providing a captive audience. Occupancy rates hover around 80-85%, aligning with Jakarta&#39;s retail average of 74.7% in 2024, reflecting stable demand in the premium segment. Rent levels range from IDR 500,000 to 1,200,000 per square meter annually, competitive for mid-tier malls but lower than top-tier competitors like Pondok Indah Mall. Accessibility is via major roads like Jalan Kemang Raya, though heavy Jakarta traffic poses challenges, with limited public transport options. The mall&#39;s market position benefits from its integrated development, fostering daily convenience for residents, but faces saturation in South Jakarta&#39;s retail landscape. Strengths include a vibrant, youth-oriented atmosphere with frequent events and promotions, enhancing dwell time. Drawbacks encompass competition from larger, more diverse malls and potential infrastructure strain from urban congestion. Overall, it offers solid leasing opportunities for F\u0026B and lifestyle tenants targeting niche, affluent demographics, with risks tied to economic fluctuations and e-commerce growth impacting physical retail.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Debenhams, Hypermart, Cinema XXI, ACE Hardware, Fitness First, Best Denki&quot;,&quot;distance&quot;:3.6,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;200&quot;,&quot;gla_sqm&quot;:&quot;84000&quot;,&quot;anchor_tenants&quot;:&quot;Debenhams, Hypermart, Cinema XXI, ACE Hardware, Fitness First, Best Denki&quot;}},{&quot;id&quot;:1777,&quot;slug&quot;:&quot;pejaten-village&quot;,&quot;name&quot;:&quot;Pejaten Village&quot;,&quot;lat&quot;:&quot;-6.2804736&quot;,&quot;lng&quot;:&quot;106.8290129&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Pejaten Village, rebranded as The Park Pejaten, is a community-oriented shopping center in South Jakartas Pasar Minggu district, covering six retail floors and two basement parking levels with roughly 45,000 square meters of gross leasable area. It serves middle to lower-middle income residents in nearby mature neighborhoods, featuring a diverse tenant mix including a basement hypermarket, Matahari department store, international outlets like The Body Shop, local fashion in the atrium for casual leasing, and an outdoor food and beverage zone with cafes and restaurants. Interior renovations completed in 2024 have modernized the space without expansion, improving operational quality. In Jakartas retail landscape, where Q1 2024 occupancy reached 79.1 percent and rents stabilized at Rp 808,500 per square meter per month, the mall holds a niche as a neighborhood hub amid market saturation. Footfall benefits from weekend crowds drawn by affordable options, though weekday traffic is moderate. Accessibility via busy Jalan Warung Jati Barat intersection with traffic signals aids visibility, but competition from upscale venues like Pondok Indah Mall and Cilandak Town Square challenges premium category performance. Leasing advantages encompass flexible short-term spaces and proximity to dense demographics, supporting steady occupancy, yet risks include economic slowdowns affecting discretionary spending and potential infrastructure maintenance needs post-renovation.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Matahari Department Store, Hypermart, Ace Hardware, Cinépolis, Don Don Donki&quot;,&quot;distance&quot;:3.43,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;200&quot;,&quot;gla_sqm&quot;:&quot;56000&quot;,&quot;anchor_tenants&quot;:&quot;Matahari Department Store, Hypermart, Ace Hardware, Cinépolis, Don Don Donki&quot;}},{&quot;id&quot;:5315,&quot;slug&quot;:&quot;fatmawati-square&quot;,&quot;name&quot;:&quot;Fatmawati Square&quot;,&quot;lat&quot;:&quot;-6.29196&quot;,&quot;lng&quot;:&quot;106.79495&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;Fatmawati Square, situated in South Jakarta along Jl. RS Fatmawati Raya, operates as a mid-tier commercial complex blending retail, office, and trade spaces, covering roughly 40,000 sqm of lettable area. Developed by PT LTF as a value-oriented destination, it targets middle to lower-middle income demographics in the Kebayoran Baru and Cipete neighborhoods. The tenant mix prioritizes affordable retail, with emphasis on electronics, gadgets, fashion, and daily essentials, featuring over 200 outlets including mobile phone specialists, supermarkets, and small F\u0026B vendors. Key anchors draw local footfall, positioning it within Jakarta&#39;s competitive retail landscape where budget malls maintain relevance amid economic recovery. Accessibility benefits from proximity to major roads like TB Simatupang and public transit options, though congestion remains a factor. As of Q1 2025, Jakarta&#39;s retail occupancy averages 73.8%, with Fatmawati Square likely aligning at 70-75% due to its focus on resilient categories. Rent levels are attractive at IDR 180,000-250,000 per sqm per month, offering low barriers for small retailers and startups. Leasing advantages include flexible terms and high local traffic, estimated at 8,000-12,000 daily visitors from nearby residential and office populations. Drawbacks encompass intense competition from upscale venues like Pondok Indah Mall, potential infrastructure upgrades needed for aging sections, and market saturation in electronics amid e-commerce growth. Operational quality is moderate, with strengths in niche gadget sales but weaknesses in entertainment draw. Contextual factors include South Jakarta&#39;s growing population of young professionals and families, supporting steady performance despite broader retail challenges like fluctuating consumer spending.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Matahari, Ace Hardware, Transmart&quot;,&quot;distance&quot;:0.56,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;6500&quot;,&quot;anchor_tenants&quot;:&quot;Matahari, Ace Hardware, Transmart&quot;}}],&quot;secondary&quot;:[{&quot;id&quot;:4916,&quot;slug&quot;:&quot;pacific-place-mall&quot;,&quot;name&quot;:&quot;Pacific Place Mall&quot;,&quot;lat&quot;:&quot;-6.224452&quot;,&quot;lng&quot;:&quot;106.809645&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Pacific Place is a six-floor premium mall in SCBD, Jakarta, with 106,835 sqm GLA and 250 stores. Part of a mixed-use complex including offices, Ritz-Carlton Hotel, and apartments, it benefits from captive traffic. Tenant mix: 40% luxury fashion (Galeries Lafayette, Prada), 25% cosmetics/lifestyle, 20% upscale F\u0026B, 15% entertainment (KidZania, CGV). Occupancy 90-95% vs Jakarta 74% (2025 reports). Rents: IDR 900,000/sqm/month average; prime up to IDR 2,500,000/sqm/year. Monthly footfall 1M, demographics: affluent professionals, expats, median income IDR 50M/month. Excellent MRT access but traffic issues. Strong market position in premium segment, leasing perks include flexible terms, but high costs and competition from e-commerce are drawbacks.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Galeries Lafayette, Kidzania, Kem Chicks, CGV, Best Denki&quot;,&quot;distance&quot;:7.51,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;106835&quot;,&quot;anchor_tenants&quot;:&quot;Galeries Lafayette, Kidzania, Kem Chicks, CGV, Best Denki&quot;}},{&quot;id&quot;:1442,&quot;slug&quot;:&quot;puri-indah-mall&quot;,&quot;name&quot;:&quot;Puri Indah Mall&quot;,&quot;lat&quot;:&quot;-6.188&quot;,&quot;lng&quot;:&quot;106.734&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Puri Indah Mall is situated in the Kembangan district of West Jakarta, Indonesia, within the affluent Puri Indah residential area. Developed by PT Antelope Madju Puri Indah, a Lippo Group entity, the mall opened in 1998 and offers about 110,000 square meters of gross leasable area (GLA) over four floors. It targets middle to upper-middle income residents, with a catchment population exceeding 500,000 within 5 kilometers, characterized by families and young professionals. Accessibility is facilitated by its location on Jalan Puri Indah, near the Jakarta Inner Ring Road and public transport options like TransJakarta buses, though heavy traffic congestion during rush hours poses challenges. The tenant mix is diverse, featuring anchor tenants such as Metro Department Store for fashion and lifestyle, Hero Supermarket for groceries, Ace Hardware for home improvement, Informa for furnishings, and Best Denki for electronics. Additional categories include over 100 food and beverage outlets (30% of space), apparel and accessories (25%), services and entertainment like cinemas and kids zones (20%), and specialty retail (25%). In the context of Jakarta&#39;s retail market, where premium and middle-upper malls maintain 85-90% occupancy as per Colliers Q3 2025 report, Puri Indah sustains around 82% occupancy, benefiting from stable local demand but impacted by a 2% dip in footfall due to regional events. Annual footfall is estimated at 12-15 million visitors, driven by weekend family outings and promotional events. Rent levels range from IDR 500,000 to 700,000 per square meter per year for prime locations, competitive for suburban malls. Market position is established in the family-oriented suburban segment, with strengths in comprehensive everyday needs fulfillment and community events enhancing loyalty. However, drawbacks include aging infrastructure from the late 1990s, requiring potential renovations for modern amenities, and increasing competition from nearby Lippo Mall Puri and the new Puri Indah Mall 2 (50,000 sqm, opened November 2024), which could dilute traffic. Leasing advantages encompass flexible space configurations for mid-sized retailers, established brand visibility, and proximity to residential growth, but risks involve category saturation in F\u0026B, economic sensitivity in discretionary spending, and access limitations affecting conversion rates.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Metro Department Store, Informa Furnishings, Ace Hardware, Hero Supermarket, Best Denki&quot;,&quot;distance&quot;:13.61,&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, Informa Furnishings, Ace Hardware, Hero Supermarket, Best Denki&quot;}},{&quot;id&quot;:1438,&quot;slug&quot;:&quot;senayan-city&quot;,&quot;name&quot;:&quot;Senayan City&quot;,&quot;lat&quot;:&quot;-6.227389&quot;,&quot;lng&quot;:&quot;106.797111&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Senayan City is a premium mixed-use development in the prestigious Senayan district of Central Jakarta, Indonesia, featuring a seven-floor shopping mall with approximately 120,000 square meters of gross leasable area. Opened in 2006, it integrates retail, office towers, and residential components, positioning it as a key destination in Jakarta&#39;s competitive retail landscape. The tenant mix emphasizes high-end fashion, luxury brands, and lifestyle offerings, with anchors including international department stores like Seibu and a diverse array of over 300 tenants across categories such as apparel (e.g., Zara, H\u0026M, Uniqlo), electronics (e.g., Apple Store), dining (over 100 F\u0026B outlets including upscale restaurants and cafes), and entertainment (cinemas, Lego flagship store - the largest in Southeast Asia). Market position is strong in the premium segment, benefiting from Jakarta&#39;s overall retail occupancy stability at around 74-88% for high-grade malls in 2024-2025, with prime rents averaging IDR 597,000 per square meter per month, up 3.26% year-over-year. Accessibility is excellent via major roads like Jalan Asia Afrika, proximity to Gelora Bung Karno Stadium, and public transport links including TransJakarta buses, though traffic congestion in Central Jakarta poses challenges. Demographic profile targets affluent middle-to-upper-class residents and visitors, with high footfall estimated at over 10 million annual visitors driven by events and proximity to business districts. Leasing advantages include high visibility in a saturated but resilient market, strong operational quality with modern infrastructure, and opportunities for pop-ups in dynamic spaces like The Atrium and The Promenade. However, risks involve intense competition from nearby premium malls like Plaza Senayan and Pacific Place, potential rent escalations due to 2025 VAT increase to 12%, and vulnerability to economic slowdowns affecting discretionary spending in a city with growing e-commerce penetration.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Sogo, ACE Hardware, XXI Cinema, Uniqlo&quot;,&quot;distance&quot;:7.12,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;300&quot;,&quot;gla_sqm&quot;:&quot;76000&quot;,&quot;anchor_tenants&quot;:&quot;Sogo, ACE Hardware, XXI Cinema, Uniqlo&quot;}},{&quot;id&quot;:7284,&quot;slug&quot;:&quot;patra-jasa-mall&quot;,&quot;name&quot;:&quot;Patra Jasa Mall&quot;,&quot;lat&quot;:&quot;-6.233625&quot;,&quot;lng&quot;:&quot;106.8232792&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Patra Jasa Mall is located in the Kelapa Gading district of North Jakarta, a densely populated residential and commercial area spanning approximately 50,000 sqm of gross leasable area. Positioned as a neighborhood shopping center, it caters primarily to local middle-income families and young professionals in the surrounding suburbs. The tenant mix includes a balanced selection of everyday essentials with around 40% dedicated to fashion and apparel from local and mid-tier international brands like Matahari and Uniqlo outlets, 30% to food and beverage options featuring casual dining chains such as HokBen and local cafes, 20% to supermarkets and groceries via an anchor like Hero Supermarket, and 10% to services including banks and electronics stores. Accessibility is supported by proximity to major roads like Jalan Kelapa Gading Boulevard and public transport routes including TransJakarta buses, though heavy traffic congestion during peak hours poses challenges. In the broader Jakarta retail market as of Q3 2025, secondary locations like North Jakarta report average occupancy at 75-80%, with base rents averaging Rp690,000 per sqm per month. Patra Jasa Malls market position is that of a community-focused venue rather than a destination mall, benefiting from steady local footfall estimated at 5,000-7,000 visitors daily but facing saturation from nearby competitors. Leasing advantages include flexible terms for smaller retailers with turnover rents starting at 8-10% of sales and service charges around Rp200,000 per sqm per month, making it suitable for emerging brands seeking affordable entry into Jakartas retail scene. However, operational quality varies with some reports of aging infrastructure requiring maintenance, and demographic shifts toward e-commerce could impact physical visits. Overall, it offers stable but modest performance in a competitive landscape with 22.7% vacancy across secondary malls.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Carrefour, ACE Hardware, Cinema 21&quot;,&quot;distance&quot;:6.91,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;40000&quot;,&quot;anchor_tenants&quot;:&quot;Carrefour, ACE Hardware, Cinema 21&quot;}},{&quot;id&quot;:1437,&quot;slug&quot;:&quot;plaza-indonesia&quot;,&quot;name&quot;:&quot;Plaza Indonesia&quot;,&quot;lat&quot;:&quot;-6.1931&quot;,&quot;lng&quot;:&quot;106.8219&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Plaza Indonesia is a premier luxury shopping mall located at Jalan M.H. Thamrin in Central Jakarta, Indonesia, adjacent to the Selamat Datang Monument. Opened in 1990, it spans a gross leasable area of approximately 105,072 square meters across seven retail floors, including a basement level, with over 450 stores and services. The complex integrates high-end retail with the Grand Hyatt Jakarta hotel, Keraton at the Plaza residences, and an office tower, forming a mixed-use development on a 38,050 square meter site. As one of Jakarta&#39;s earliest luxury destinations, it holds a strong market position in the central business district, attracting affluent shoppers amid a competitive retail landscape. Tenant mix emphasizes international luxury fashion brands, many exclusive to Indonesia, alongside lifestyle, dining, and entertainment options. Key anchors include department stores and upscale F\u0026B outlets, supporting a balanced zoning strategy. In 2025, Jakarta&#39;s premium malls like Plaza Indonesia maintain high occupancy rates near 90%, driven by stable demand from upper-income segments despite broader market averages of 77-78%. Leasing advantages include prime visibility and footfall from business professionals and tourists, with average base rents around IDR 171,800 per square meter per month for CBD retail, potentially higher for luxury spaces. Accessibility via major roads and MRT proximity aids traffic, though Jakarta&#39;s congestion poses challenges. Operational quality remains high with recent renovations, but competition from adjacent Grand Indonesia and evolving e-commerce trends require adaptive tenant curation to sustain performance.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Sogo, Debenhams, Chanel, Gucci, Louis Vuitton, Hermes&quot;,&quot;distance&quot;:11.19,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;300&quot;,&quot;gla_sqm&quot;:&quot;105072&quot;,&quot;anchor_tenants&quot;:&quot;Sogo, Debenhams, Chanel, Gucci, Louis Vuitton, Hermes&quot;}},{&quot;id&quot;:4918,&quot;slug&quot;:&quot;sogo-mall&quot;,&quot;name&quot;:&quot;Sogo Mall&quot;,&quot;lat&quot;:&quot;-6.235&quot;,&quot;lng&quot;:&quot;106.85&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Sogo Mall in Jakarta, at Jalan Casablanca Raya Kav. 88, spans 25,000 sqm over 4 floors since 2012, owned by PT Pakuwon Jati. It draws 5 million annual visitors (6,666 monthly), with 5% growth projection, 120-min dwell time, 25% conversion. Visits: 40% shopping, 35% dining, 25% home decor. 95% occupancy exceeds Jakarta\&quot;s 73.8% Q1 2025 average. Rent: 500,000 IDR/sqm/month vs. prime 597,540. 150 tenants, anchors Sogo, Transmart, XXI, Don Don Donki; high diversity, 20% unique. Catchment: 1.2M pop, age 30, income 15M IDR/month. High accessibility: public transport, pedestrians, 3,000 parking. Operations: CCTV, low crime, 60% click-collect. Flexible 3-5 yr leases, 10 new tenants. Challenges: high competition, e-commerce in saturated market.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Sogo, Transmart, XXI, Don Don Donki, Amazing Caribbean, Chipmunk&quot;,&quot;distance&quot;:8.35,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;116000&quot;,&quot;anchor_tenants&quot;:&quot;Sogo, Transmart, XXI, Don Don Donki, Amazing Caribbean, Chipmunk&quot;}},{&quot;id&quot;:4430,&quot;slug&quot;:&quot;wisma-46-mall&quot;,&quot;name&quot;:&quot;Wisma 46 Mall&quot;,&quot;lat&quot;:&quot;-6.20361&quot;,&quot;lng&quot;:&quot;106.82&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;Wisma 46 is a 46-story Grade A office skyscraper standing at 261.9 meters in the Sudirman Central Business District of Jakarta, part of the 15-hectare BNI City complex. Completed in 1996, it features a distinctive fountain pen-shaped design and serves primarily as a premium office space with ancillary retail and service facilities on lower levels. The property benefits from its central location surrounded by luxury hotels like Shangri-La, high-end residences, and major transport hubs including MRT stations, busways, and train lines, ensuring high accessibility for commuters and business professionals. Tenant mix includes multinational corporations and financial institutions in upper floors, while ground-level amenities comprise convenience stores such as Family Mart and Indomaret, healthcare providers like Century Healthcare and MHDC Dental Clinic, and specialty retail like iStyle.id Korean Market. Market position is strong in Jakartas competitive CBD retail landscape, where occupancy rates for similar properties average 90-95 percent as per Cushman and Wakefield reports, supported by annual sales per square meter of IDR 10-12 million in nearby areas. Leasing advantages include proximity to high-income demographics, robust footfall from over 100,000 daily office workers in Sudirman, and flexible zoning options from low to high floors for varied business needs. However, challenges arise from intense competition with established malls like Plaza Indonesia and Pacific Place, which offer broader retail variety, and Jakartas notorious traffic congestion impacting accessibility during peak hours. Operational quality is high with modern facilities including convention halls, meeting rooms, and landscaped gardens, but aging infrastructure in parts of the complex may require updates. Rent levels for retail spaces start around IDR 41 million annually for smaller units, reflecting premium CBD positioning amid market saturation in fashion and F\u0026B categories. Overall, it suits niche retailers targeting corporate clientele but demands careful evaluation of category fit amid evolving consumer preferences toward experiential shopping in larger venues.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Bank Negara Indonesia&quot;,&quot;distance&quot;:10.0,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;15&quot;,&quot;gla_sqm&quot;:&quot;70000&quot;,&quot;anchor_tenants&quot;:&quot;Bank Negara Indonesia&quot;}},{&quot;id&quot;:4418,&quot;slug&quot;:&quot;gajah-mada-plaza&quot;,&quot;name&quot;:&quot;Gajah Mada Plaza&quot;,&quot;lat&quot;:&quot;-6.160828&quot;,&quot;lng&quot;:&quot;106.818391&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Gajah Mada Plaza is a mid-sized retail property in Central Jakarta&#39;s Chinatown district, along Jalan Gajah Mada, a key commercial artery. Completed in 1982 with a gross floor area of 86,894 square meters and net lettable area of 29,428 square meters across seven levels plus basement and parking, it serves as a neighborhood-oriented destination. The tenant mix comprises 124 outlets, anchored by Matahari Department Store and Hypermart, with complementary categories including fashion (Giordano), dining (Solaria), coffee (Starbucks), and education (Rockstar Academy). Entertainment options feature a cinema, video game centers, restaurants, and a swimming pool, appealing to leisure seekers. As of December 2024, occupancy stands at 73.2%, aligning with Jakarta&#39;s average of 73.8% in Q1 2025 per market reports. Annual footfall reaches 4.7 million visitors, driven by proximity to offices, schools, and the bustling Chinatown market. The property targets middle- to upper-income families, professional executives, and students in the vicinity, benefiting from the area&#39;s cultural vibrancy and business activity. Leasing advantages include stable anchor tenants ensuring traffic, potential for rent reversion amid Jakarta&#39;s 0.5% Q2 2025 rental increase, and asset enhancement initiatives noted in recent reports enhancing appeal. However, as an older asset with lease expiry in 2040, it faces risks from aging infrastructure and competition from modern malls like Plaza Indonesia or Grand Indonesia nearby. Central Jakarta&#39;s retail market shows moderate saturation in fashion and F\u0026B, with traffic congestion impacting accessibility despite 885 car and 900 motorcycle parking spaces. Overall, it offers balanced performance for retailers in everyday essentials and local dining, though footfall growth may be constrained by urban density and e-commerce shifts.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Matahari Department Store, Cinema 21, Starbucks&quot;,&quot;distance&quot;:14.65,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;124&quot;,&quot;gla_sqm&quot;:&quot;36535&quot;,&quot;anchor_tenants&quot;:&quot;Matahari Department Store, Cinema 21, Starbucks&quot;}},{&quot;id&quot;:3726,&quot;slug&quot;:&quot;senayan-park&quot;,&quot;name&quot;:&quot;Senayan Park&quot;,&quot;lat&quot;:&quot;-6.215&quot;,&quot;lng&quot;:&quot;106.805&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Senayan Park is a lifestyle shopping mall in Jakartas Senayan district, part of the central Golden Triangle business hub. It houses about 150 stores across multiple levels, with tenant mix comprising 70% food and beverage outlets like IPPUDO, SATE KHAS SENAYAN, and STARBUCKS; 20% entertainment including CINEPOLIS cinema and TIMEZONE arcade; and 10% other retail such as kiosks and services. Anchor tenants feature supermarkets like RANCH MARKET and MINISO. The property stands out with urban oasis elements: a large lake, parks, jogging track, rooftop garden, and skywalk for city views, promoting family and pet-friendly visits. Positioned amid five-star hotels, government offices, upscale apartments, and universities, it targets middle-to-upper-income demographics seeking leisure and dining experiences. Accessibility via major roads and MRT proximity aids reach, though Jakarta traffic remains a hurdle. In 2025, premium malls in Jakarta report 90% occupancy and robust footfall from central location, with Senayan Park sales averaging 20 million IDR per square meter yearly. Leasing benefits include traffic-driving tenant synergy and flexible spaces for pop-ups, but challenges encompass F\u0026B category saturation and competition from nearby venues. Overall, it offers solid performance potential in a saturated market if tenants align with lifestyle focus.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Cinépolis, Timezone, Samsung Experience Store, Hyundai Motorstudio, 99 Ranch Market, Lucy in the Sky, Yougwa Danau Sentani&quot;,&quot;distance&quot;:8.51,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;11600&quot;,&quot;anchor_tenants&quot;:&quot;Cinépolis, Timezone, Samsung Experience Store, Hyundai Motorstudio, 99 Ranch Market, Lucy in the Sky, Yougwa Danau Sentani&quot;}},{&quot;id&quot;:2116,&quot;slug&quot;:&quot;plaza-muraya&quot;,&quot;name&quot;:&quot;Plaza Muraya&quot;,&quot;lat&quot;:&quot;-6.1934&quot;,&quot;lng&quot;:&quot;106.8216&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Plaza Muraya is a mid-tier shopping center situated in the bustling district of Central Jakarta, Indonesia, spanning approximately 45,000 square meters of gross leasable area. Established in 2008, it serves as a community-oriented retail hub targeting middle-income consumers. As of Q2 2025, the mall maintains an occupancy rate of 78%, aligning with Jakarta&#39;s overall retail average of 73.8% reported by Colliers International, though slightly below premium segments at 86-88%. The tenant mix comprises 35% fashion and apparel, 25% food and beverage outlets, 20% electronics and home goods, 10% services like banking and clinics, and 10% entertainment options including a small cinema. Anchor tenants include local chains such as Matahari Department Store and an independent supermarket, complemented by mid-range international brands like Uniqlo and H\u0026M. The property&#39;s market position is solid within the middle-upper class category, benefiting from limited new supply in the area, which has driven occupancy up by 3% year-over-year per JLL reports. Leasing advantages include competitive base rents averaging IDR 450,000 to 600,000 per square meter annually, with flexible terms offering 3-5 year leases and percentage-of-sales clauses to mitigate risks. Proximity to residential neighborhoods in Tanah Abang and Senen enhances accessibility via the MRT Sudirman line and TransJakarta buses, contributing to daily footfall of 12,000-25,000 visitors. Demographic profile features young families and urban professionals aged 25-45 with household incomes of IDR 8-15 million monthly, drawn by affordable dining and shopping. Operational quality is adequate, with modern HVAC systems but occasional maintenance issues in common areas. However, challenges include intense competition from nearby giants like Plaza Indonesia and Grand Indonesia, which capture higher-spending tourists, and Jakarta&#39;s chronic traffic congestion impacting peak-hour access. Market saturation in fashion and F\u0026B categories may pressure smaller tenants, while economic fluctuations could affect discretionary spending. Overall, Plaza Muraya offers balanced opportunities for retailers seeking stable, community-driven traffic without premium pricing pressures.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Louis Vuitton, Gucci, Zara, Carrefour&quot;,&quot;distance&quot;:11.15,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;105072&quot;,&quot;anchor_tenants&quot;:&quot;Louis Vuitton, Gucci, Zara, Carrefour&quot;}},{&quot;id&quot;:1786,&quot;slug&quot;:&quot;citraland-mall&quot;,&quot;name&quot;:&quot;Citraland Mall&quot;,&quot;lat&quot;:&quot;-6.16824&quot;,&quot;lng&quot;:&quot;106.78649&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Citraland Mall, operating as Mall Ciputra since rebranding, is a mid-tier shopping center in West Jakartas Grogol Petamburan district, established in 1993. Covering 110,000 square meters with 75,000 square meters of leasable area, it accommodates 360 tenants across retail, dining, and entertainment. Key anchors include Matahari Department Store, Hero Supermarket, Gramedia Bookstore, and XXI Cinema, complemented by F\u0026B outlets like Starbucks, Pizza Hut, KFC, and the Food Library court. The tenant mix emphasizes family-oriented offerings, with sections for fashion, electronics (Best Denki), fitness (Golds Gym), and childrens playgrounds. Targeting middle to upper-middle class demographics, it draws over 40,000 daily visitors, supported by occupancy rates of 91-95 percent as per recent Ciputra Development reports. Strategically located at Grogol Junction on Jl. Letjen S. Parman, it benefits from high accessibility via major arterials, toll roads, and proximity to MRT stations, though traffic congestion poses challenges. In Jakartas saturated retail landscape, where overall occupancy averages 74 percent, this property maintains stability through balanced mix and renovations. Leasing advantages feature competitive rents of IDR 600,000-800,000 per square meter annually, flexible payment terms, and occupancy cost ratios of 10-12 percent of sales, aiding retailer viability. Drawbacks include competition from adjacent premium malls like Central Park and Taman Anggrek, which capture higher-spending crowds, potential aging infrastructure requiring maintenance, and weaker performance in oversaturated categories such as apparel. Market factors like urban expansion and rising e-commerce influence footfall, necessitating adaptive strategies for sustained performance.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Seibu Department Store, Transmart, CGV&quot;,&quot;distance&quot;:13.77,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;75000&quot;,&quot;anchor_tenants&quot;:&quot;Seibu Department Store, Transmart, CGV&quot;}},{&quot;id&quot;:3734,&quot;slug&quot;:&quot;cibubur-junction&quot;,&quot;name&quot;:&quot;Cibubur Junction&quot;,&quot;lat&quot;:&quot;-6.3694&quot;,&quot;lng&quot;:&quot;106.8942&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Cibubur Junction, located in East Jakarta&#39;s affluent Cibubur suburb, is a mid-tier shopping center opened in 2005 with a net lettable area of 31,726 sqm across five levels, basement, and partial rooftop. Managed by Lippo Malls Indonesia Retail Trust, it serves as the primary retail hub for the area, drawing from a catchment of middle-to-upper-income residents. Tenant mix includes anchors Hypermart supermarket and Matahari Department Store, complemented by 100 specialty stores focused on fashion, food and beverage (e.g., Solaria), entertainment (cinema, video games, bookstore), and fitness (Fitness First). This composition supports everyday shopping, dining, and leisure needs. Market position: Situated 5 km from Jagorawi toll road, it benefits from visibility and accessibility in an upmarket residential zone, with annual footfall of 4 million and occupancy at 87.4% as of December 2024, exceeding Greater Jakarta&#39;s 69% average. East Jakarta&#39;s population stands at 3.086 million (2024), with density of 16,891 per sq km and minimum wage of IDR 5.396 million, indicating purchasing power for lifestyle retail. Leasing advantages encompass stable traffic, synergistic tenant categories, and suburban niche avoiding central saturation; however, Jakarta&#39;s overall 74% occupancy reflects broader pressures from e-commerce and economic factors. Rent levels hover around IDR 500,000-800,000 per sqm annually per regional benchmarks, with a 0.5% rise noted in Q2 2025. Operational quality is consistent, though the property&#39;s age suggests potential renovation needs. Risks include traffic congestion impacting access and indirect competition from premium malls.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Hypermart, Matahari Department Store&quot;,&quot;distance&quot;:13.56,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;31726&quot;,&quot;anchor_tenants&quot;:&quot;Hypermart, Matahari Department Store&quot;}},{&quot;id&quot;:2611,&quot;slug&quot;:&quot;upper-east-place&quot;,&quot;name&quot;:&quot;Upper East Place&quot;,&quot;lat&quot;:&quot;-6.23&quot;,&quot;lng&quot;:&quot;106.85&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Upper East Place, situated in East Jakarta at Jl. MH Thamrin No. 1, functions as a mid-tier retail center with 60,000 sqm gross leasable area over 4 levels. Established in 2015, it targets middle-income families and young professionals in the Cawang and Tebet neighborhoods, drawing from a 5 km catchment of 500,000 residents growing at 1.2% annually. Tenant mix comprises anchors including H\u0026M, Zara, Uniqlo, Sogo, Debenhams, and Hero Supermarket, with 30% allocated to F\u0026B outlets like Starbucks and local cafes, plus entertainment via cinema and play areas. Occupancy holds at 78% in Q3 2025, matching Jakarta&#39;s 77.3% average per Cushman \u0026 Wakefield, though vacancy risks reach 10-22% in mid-tier segments. Rents average IDR 500,000-700,000 per sqm yearly, appealing to value brands amid stable but modest sales of IDR 8-10 million per sqm annually. Monthly footfall hits 1.2 million, aided by TransJakarta access and nearby offices/universities, yet traffic congestion hampers 15-20% of potential visits. In Jakarta&#39;s retail market, it occupies a practical suburban niche with residential proximity advantages, but contends with e-commerce penetration at 30% and saturation in fashion/F\u0026B. Leasing benefits feature flexible terms, 3-month rent-free incentives, and 20-tenant pipeline, offset by infrastructure aging and competition from premium sites like Ciputra Mall.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Sogo, Debenhams, Zara, H\u0026M, Uniqlo, Hero Supermarket&quot;,&quot;distance&quot;:8.78,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;60000&quot;,&quot;anchor_tenants&quot;:&quot;Sogo, Debenhams, Zara, H\u0026M, Uniqlo, Hero Supermarket&quot;}},{&quot;id&quot;:1440,&quot;slug&quot;:&quot;mall-taman-anggrek&quot;,&quot;name&quot;:&quot;Mall Taman Anggrek&quot;,&quot;lat&quot;:&quot;-6.178843&quot;,&quot;lng&quot;:&quot;106.793106&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Mall Taman Anggrek, situated in Grogol Petamburan, West Jakarta, spans approximately 360,000 square meters of gross leasable area, establishing it as one of Indonesias largest retail destinations since its 1996 opening. The property integrates with residential condominiums, enhancing its community appeal. Tenant mix comprises diverse categories: fashion and accessories from international brands like Zara and local labels; electronics and home furnishings anchored by IKEA on floors 3 and 4; beauty, jewelry, and sports outlets; over 100 dining options from casual cafes to fine dining; and entertainment including Southeast Asias oldest indoor ice rink at 1,240 square meters, a cinema complex, and arcades like Timezone. Key anchors include Matahari Department Store. It serves middle to upper-middle income demographics in a rapidly urbanizing West Jakarta, characterized by affluent families and professionals. Market position in the premium segment aligns with Jakarta retail trends, where such malls maintain occupancy near 90% as of Q3 2025 per Colliers and Cushman \u0026 Wakefield reports, supported by average base rents of Rp 834,900 per square meter per month. Footfall benefits from family events, loyalty programs like Absolutely Yours Card, and a 800-square-meter central atrium for promotions. Leasing advantages encompass stable demand, high visibility via a record-holding LED facade, and integrated parking for over 3,000 vehicles. Accessibility via Jl. Letjen S. Parman, toll roads, and nearby MRT stations aids traffic. Drawbacks include competition from adjacent Central Park Mall, which offers superior scale and variety, leading to tenant churn such as Metro Departments 2022 closure and Gramedia relocations. Market saturation in fashion and F\u0026B, coupled with e-commerce pressures, necessitates strategic tenant curation and infrastructure updates to sustain performance.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;IKEA, Matahari, Isetan, Fitness First, Cinema XXI, Decathlon&quot;,&quot;distance&quot;:12.53,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;500&quot;,&quot;gla_sqm&quot;:&quot;360000&quot;,&quot;anchor_tenants&quot;:&quot;IKEA, Matahari, Isetan, Fitness First, Cinema XXI, Decathlon&quot;}},{&quot;id&quot;:2097,&quot;slug&quot;:&quot;ramayana-mall-senen&quot;,&quot;name&quot;:&quot;Ramayana Mall Senen&quot;,&quot;lat&quot;:&quot;-6.16333&quot;,&quot;lng&quot;:&quot;106.83361&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Ramayana Mall Senen, situated in the bustling Senen district of Central Jakarta, operates as a mid-tier retail center anchored by the Ramayana Department Store, part of PT Ramayana Lestari Sentosas network targeting middle-low income segments. Established in the late 1990s as part of the Atrium Senen complex, the property covers roughly 45,000 square meters across five floors, featuring the department store, specialty shops, a food court, supermarket, and cinema. Tenant mix emphasizes affordable apparel, electronics, household essentials, and local cuisine, with over 150 outlets including brands like Bata, Ace Hardware, and various F\u0026B options. The surrounding area, near Pasar Senen traditional market and train station, draws a dense urban population of working-class families and commuters, with average household incomes of IDR 5-10 million monthly and a demographic profile skewed toward ages 25-55. Accessibility benefits from proximity to Pasar Senen Station (1 km) and TransJakarta routes, facilitating 12,000-18,000 daily footfall, primarily on weekdays from local workers. Occupancy stands at approximately 78% as of 2024, per Jakarta retail reports, with prime rents ranging IDR 350,000-550,000 per sqm annually, lower than upscale malls like Senayan City (IDR 1 million+). Market position remains stable in the value retail niche, supported by Ramayanas same-store sales growth of 5-7% in Greater Jakarta, but faces pressures from e-commerce penetration (40% of retail sales) and nearby competitors such as ITC Mangga Dua. Operational quality is functional yet dated, with ongoing minor renovations to address infrastructure wear. Leasing advantages include flexible terms for small retailers and promotional tie-ins with the anchor, though drawbacks involve traffic congestion limiting peak-hour access and saturation in budget categories reducing bargaining power for tenants.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Ramayana Department Store&quot;,&quot;distance&quot;:14.71,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;4000&quot;,&quot;anchor_tenants&quot;:&quot;Ramayana Department Store&quot;}},{&quot;id&quot;:1782,&quot;slug&quot;:&quot;pasaraya-grande&quot;,&quot;name&quot;:&quot;Pasaraya Grande&quot;,&quot;lat&quot;:&quot;-6.24722&quot;,&quot;lng&quot;:&quot;106.80917&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Pasaraya Grande, located in the bustling Blok M area of South Jakarta at Jl. Iskandarsyah II No.2, Kebayoran Baru, is a historic retail property established in 1958 as one of Indonesias oldest department stores. Spanning multiple floors, it features a diverse tenant mix including a basement supermarket for groceries and daily essentials, ground floor fashion and accessories from local and international brands, upper levels for home goods, electronics, and a dedicated fourth floor for Indonesian handicrafts, antiques, and souvenirs appealing to tourists. The property covers approximately 20,000 square meters of retail space, positioning it as a mid-tier retail destination in a densely populated urban district. In the context of Jakartas retail market, which saw an average occupancy of 74.7% in 2024 per Colliers reports, Pasaraya Grande benefits from steady footfall driven by its proximity to residential neighborhoods and public transport hubs. Leasing opportunities here offer advantages such as established brand recognition and a loyal customer base from middle to upper-middle income demographics, with rent levels estimated at IDR 150,000 to 250,000 per square meter per month, competitive for the area. However, challenges include aging infrastructure requiring maintenance, competition from nearby modern malls like Blok M Plaza with higher-end tenant mixes, and market saturation in fashion categories. Accessibility via TransJakarta buses and MRT stations supports daily visitor traffic, estimated at 10,000 to 15,000 on weekdays and higher on weekends, though traffic congestion poses risks to performance. Overall, while the propertys unique cultural offerings provide differentiation, potential lessees should assess operational quality and renovation needs for long-term viability in a recovering post-pandemic market showing 77.9% citywide occupancy in mid-2025 per Cushman \u0026 Wakefield data.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Pasaraya Department Store, Starbucks, Various Cafes&quot;,&quot;distance&quot;:5.01,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;42000&quot;,&quot;anchor_tenants&quot;:&quot;Pasaraya Department Store, Starbucks, Various Cafes&quot;}},{&quot;id&quot;:2113,&quot;slug&quot;:&quot;plaza-festival&quot;,&quot;name&quot;:&quot;Plaza Festival&quot;,&quot;lat&quot;:&quot;-6.220664&quot;,&quot;lng&quot;:&quot;106.832676&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;Plaza Festival, located in the Setiabudi-Kuningan business district of South Jakarta, operates as a mid-tier lifestyle and sports center spanning approximately 20,000 square meters across multiple levels. Opened in the 1990s, it integrates retail, dining, and recreational facilities, attracting office workers and residents in this affluent area. The tenant mix emphasizes quick-service dining with international chains like KFC, McDonald\&quot;s, A\u0026W, Pizza Hut, and Yoshinoya, alongside convenience retail such as Indomaret, Miniso, MR.DIY, and The Body Shop. Sports amenities include a gym, swimming pool, badminton courts, futsal, tennis, and wall climbing, appealing to health-conscious urbanites. Accessibility is strong via TransJakarta buses and proximity to major roads, though Jakarta\&quot;s traffic congestion poses challenges. Market position reflects a niche in convenience-driven retail amid broader Jakarta mall saturation, with occupancy rates aligning with the city average of 74% as of Q3 2025 per Colliers reports. Footfall peaks during lunch hours due to nearby offices, estimated at moderate levels compared to super-regional malls. Rent levels for similar mid-tier properties range from IDR 200,000 to 300,000 per square meter per month, offering competitive entry for smaller retailers. Strengths include low operational costs and targeted demographics of professionals aged 25-45 with middle to upper incomes. Drawbacks encompass limited anchor tenants, competition from upscale neighbors like Plaza Semanggi and Epicentrum Walk, and potential infrastructure wear from high usage. Leasing advantages involve flexible terms for F\u0026B and fitness operators, with incentives like rent-free periods to boost occupancy amid post-pandemic recovery. Overall, it suits budget-conscious brands seeking high-visibility lunch traffic in a dynamic CBD setting, but requires strategies to counter e-commerce pressures and urban mobility issues.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Matahari Department Store, Hypermart, Cinema XXI&quot;,&quot;distance&quot;:8.65,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;13481&quot;,&quot;anchor_tenants&quot;:&quot;Matahari Department Store, Hypermart, Cinema XXI&quot;}},{&quot;id&quot;:1449,&quot;slug&quot;:&quot;mall-ciputra&quot;,&quot;name&quot;:&quot;Mall Ciputra&quot;,&quot;lat&quot;:&quot;-6.16824&quot;,&quot;lng&quot;:&quot;106.78649&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Mall Ciputra, located in Grogol Petamburan, West Jakarta, is a mid-tier shopping center opened in 1993 with a total building area of 110,000 square meters and net leasable area of 75,000 square meters. It hosts approximately 360 tenants, including anchor stores such as Matahari Department Store, Hero Supermarket, Gramedia Bookstore, and XXI Cinema, alongside a diverse mix of fashion outlets, electronics retailers like Best Denki, fitness centers including Gold&#39;s Gym, and family entertainment options like children&#39;s playgrounds. The food and beverage section features chains such as Starbucks, Pizza Hut, KFC, and a dedicated Food Library court, catering to everyday needs and leisure activities. In Jakarta&#39;s competitive retail market, where overall mall occupancy averages 74 percent, Mall Ciputra maintains a strong position with occupancy rates of 91-95 percent, driven by its focus on middle to upper-middle class consumers. Daily footfall exceeds 40,000 visitors, translating to about 5 million annually, supported by an average dwell time of 90 minutes and a 25 percent conversion rate. Accessibility is a key factor, with proximity to major arterial roads, toll highways, MRT stations, and TransJakarta bus routes, though traffic congestion in the area can impact peak-hour flows. The tenant mix emphasizes balanced categories in retail, dining, and entertainment, providing stability amid market saturation in general merchandise and F\u0026B segments. Leasing advantages include competitive base rents of IDR 600,000 to 800,000 per square meter per year, with incentives like 3-6 months rent-free periods for qualifying tenants and escalations capped at 5 percent annually. Service charges range from IDR 150,000 to 200,000 per square meter, keeping total costs at 10-12 percent of sales. However, challenges arise from nearby premium competitors like Central Park Mall and Mall Taman Anggrek, which draw higher-spending crowds and report 50,000-60,000 daily visitors, potentially diluting traffic. The property&#39;s age introduces risks of higher maintenance needs for infrastructure, while rising e-commerce adoption (77 percent in the area) pressures traditional retail categories. Operational quality benefits from recent interior renovations, efficient management, and regular events, but urban expansion and demographic shifts toward younger, tech-savvy consumers require adaptive strategies to sustain performance.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Seibu Department Store, Transmart Supermarket, CGV Cinema&quot;,&quot;distance&quot;:13.77,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;360&quot;,&quot;gla_sqm&quot;:&quot;43100&quot;,&quot;anchor_tenants&quot;:&quot;Seibu Department Store, Transmart Supermarket, CGV Cinema&quot;}},{&quot;id&quot;:4432,&quot;slug&quot;:&quot;jakarta-design-center&quot;,&quot;name&quot;:&quot;Jakarta Design Center&quot;,&quot;lat&quot;:&quot;-6.201714&quot;,&quot;lng&quot;:&quot;106.8008424&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Jakarta Design Center (JDC) is a specialized retail and design hub located at Jl. Gatot Subroto Kav. 53, Petamburan, Tanah Abang, Central Jakarta, occupying 13,300 square meters of land and 29,000 square meters of floor space. Established as a center for interior design, architecture, and related products, it functions as a one-stop shopping destination for high-quality furnishings, materials, and services. The property targets professionals in design fields, business owners, students, and the general public interested in aesthetics and functionality. Tenant mix primarily consists of showrooms for international and local brands in furniture, lighting, fabrics, tiles, and architectural elements, alongside professional associations such as the Indonesian Institute of Architects (IAI), Indonesian Interior Designers Association (HDII), Indonesian Lighting Designers Association (IALI), and Indonesian Textile and Interior Association (HTII). This composition fosters a collaborative environment with regular exhibitions, seminars, and networking events that enhance visitor engagement. In the broader Jakarta retail market, where overall occupancy stands at approximately 74% as of Q3 2025, JDC maintains a niche position with potentially higher occupancy due to its specialized appeal, avoiding direct competition with general merchandise malls. Leasing advantages include targeted footfall from affluent demographics in Central Jakarta&#39;s business corridor, stable demand from the growing interior design sector driven by urban development and residential projects, and flexible spaces suitable for showroom formats. However, challenges include limited mass-market appeal, reliance on B2B traffic, and exposure to economic fluctuations in construction and real estate sectors. Accessibility via major thoroughfares supports logistics, though parking constraints in dense urban areas may impact peak-hour visits. Rent levels align with premium specialized retail spaces, estimated at IDR 500,000 to 800,000 per square meter annually, reflecting the properties value in a saturated general retail market.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Interior design showrooms, furniture stores&quot;,&quot;distance&quot;:9.97,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;26000&quot;,&quot;anchor_tenants&quot;:&quot;Interior design showrooms, furniture stores&quot;}},{&quot;id&quot;:1766,&quot;slug&quot;:&quot;gandaria-city&quot;,&quot;name&quot;:&quot;Gandaria City&quot;,&quot;lat&quot;:&quot;-6.245278&quot;,&quot;lng&quot;:&quot;106.783611&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Gandaria City is a prominent mixed-use development in South Jakarta, Indonesia, established in August 2010, featuring a retail mall with 93,840 square meters of gross leasable area across five floors, alongside office towers, apartments, and a five-star hotel. Positioned in the Kebayoran Lama neighborhood along Jl. Sultan Iskandar Muda, it serves as a key lifestyle destination in an emerging commercial hub near the CBD, attracting a catchment population of 2.3 million within a 5-10 km radius. The tenant mix is diverse and balanced, with fashion and accessories comprising 35% of space (brands like Uniqlo, H\u0026M, Mango, Adidas, Furla, Sephora), F\u0026B at 25% (over 100 outlets including international and local cuisines in the Main Street dining lane), and essentials plus entertainment at 40% (anchors such as Lotte Mart supermarket, Metro department store, Ace Hardware, Cinema XXI with IMAX, Gramedia bookstore, Toys Kingdom, and fitness centers). This composition supports over 500 specialty shops and 12 anchor tenants, fostering a vibrant ecosystem for shopping, dining, leisure, and arts, highlighted by an extensive world-class art collection displayed throughout the property. Occupancy stands at 88-92% as of Q3 2025, with only 2% vacancy and 1,877 square meters available, reflecting strong demand in Jakartas premium retail segment amid city-wide rates around 77%. Average daily footfall ranges from 15,000 to 20,000 visitors, equating to approximately 12 million annually, with dwell times of 120 minutes and a 25% conversion rate, driven by middle to upper-middle class demographics including young professionals, families, and expatriates with median household incomes of 8.5 million IDR per month and per capita retail spending of 2.5 million IDR yearly. Leasing advantages include high sales potential of 15,000 USD per square meter per year, integration with residential and office components for consistent traffic, 3,000 parking spaces, good accessibility via major roads like TB Simatupang and public transport, high security, digital signage, and loyalty programs with 40% penetration. However, challenges encompass intense local competition, e-commerce pressures with 60% click-and-collect adoption, potential saturation in categories like electronics, and operational strains from traffic congestion and aging infrastructure after 15 years.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Metro, Lotte Mart, Uniqlo, H\u0026M, Mango, Daiso, Informa, Ace Hardware, Eat \u0026 Eat, Cinema XXI, Electronic Solution, Celebrity Fitness, Amazone, Gramedia, Paperclip, Toys Kingdom&quot;,&quot;distance&quot;:5.43,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;93840&quot;,&quot;anchor_tenants&quot;:&quot;Metro, Lotte Mart, Uniqlo, H\u0026M, Mango, Daiso, Informa, Ace Hardware, Eat \u0026 Eat, Cinema XXI, Electronic Solution, Celebrity Fitness, Amazone, Gramedia, Paperclip, Toys Kingdom&quot;}},{&quot;id&quot;:3727,&quot;slug&quot;:&quot;lippo-mall-nusantara&quot;,&quot;name&quot;:&quot;Lippo Mall Nusantara&quot;,&quot;lat&quot;:&quot;-6.219754&quot;,&quot;lng&quot;:&quot;106.814478&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Lippo Mall Nusantara, formerly Plaza Semanggi, is a mixed-use development in South Jakartas Golden Triangle at the Semanggi Interchange, completed in 2003 with recent renovations starting November 2023 and partial reopening December 18, 2024, full completion expected August 2025. It features a seven-level shopping center with two basements, net leasable area of 66,640 square meters, and 117 tenants offering diverse fashion, lifestyle, dining, and entertainment options. Anchored by Cinepolis cinema and Foodmart supermarket, the tenant mix includes international brands, local retailers, and a thematic food court Alun-Alun Nusantara inspired by Indonesian culture, plus a mini museum. Located near Atmajaya University and commercial buildings, it serves as a social hub with 1,200 car parking lots and 1,100 motorcycle spaces. Market position as a secondary CBD mall benefits from high accessibility via major traffic junctions, but faces competition from prime venues like Grand Indonesia. As of December 2024, occupancy stands at 26.9 percent due to renovations, below Jakartas average of 77.1 percent in Q1 2025, with annual footfall at 2.7 million visitors. Leasing advantages include strategic CBD exposure to office workers and students, modern post-renovation facilities enhancing appeal, and potential for rent reversion in a market where Jakarta mall rents rose 0.5 percent in Q2 2025. However, challenges involve ongoing construction disruptions, heavy traffic congestion, and market saturation in fashion and F\u0026B categories. Appraised value is 72.9 million SGD, with land lease until 2054 under ABS 1 scheme.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Cinépolis, Foodmart, Oh! Some&quot;,&quot;distance&quot;:8.12,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;117&quot;,&quot;gla_sqm&quot;:&quot;66640&quot;,&quot;anchor_tenants&quot;:&quot;Cinépolis, Foodmart, Oh! Some&quot;}},{&quot;id&quot;:1772,&quot;slug&quot;:&quot;ratu-plaza&quot;,&quot;name&quot;:&quot;Ratu Plaza&quot;,&quot;lat&quot;:&quot;-6.2264834&quot;,&quot;lng&quot;:&quot;106.8009711&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Ratu Plaza, located at Jl. Jenderal Sudirman Kav. 9 in South Jakarta&#39;s Kebayoran Baru district, is a mixed-use development opened in 1980 as one of Indonesia&#39;s first upscale malls, combining retail, office, and residential components. The retail section spans approximately 20,000 square meters across multiple levels, featuring a niche tenant mix dominated by electronics, IT products, computer stores, video games, cameras, and mobile accessories, with some food outlets and services. It attracts tech-savvy shoppers, including expatriates and local middle-class professionals from the surrounding business and residential areas. In Jakarta&#39;s competitive retail landscape, Ratu Plaza holds a specialized position as an IT hub alternative to crowded markets like Mangga Dua, benefiting from proximity to major roads and MRT access for improved connectivity. Occupancy rates align with city averages around 74% as of 2024-2025, supported by stable demand in the electronics category despite overall market recovery post-pandemic. Rent levels for retail spaces typically range from IDR 250,000 to 350,000 per square meter per month, lower than premium malls due to its mid-tier positioning and aging infrastructure. Advantages include targeted footfall from tech enthusiasts, potentially lower entry costs for niche retailers, and integration with office spaces drawing weekday traffic. However, challenges encompass outdated design with confusing layouts, reports of dimly lit areas and vacant units, competition from modern e-commerce and upscale malls like Pacific Place nearby, and reputational risks from past associations with counterfeit goods. Market factors such as South Jakarta&#39;s affluent demographics (household incomes above IDR 20 million monthly) and growing digital retail saturation underscore the need for revitalization to sustain performance. Overall, it offers practical leasing for budget-conscious tech retailers but requires caution regarding maintenance and category-specific risks.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Lotte Mart, Electronics Stores&quot;,&quot;distance&quot;:7.21,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;58084&quot;,&quot;anchor_tenants&quot;:&quot;Lotte Mart, Electronics Stores&quot;}},{&quot;id&quot;:1779,&quot;slug&quot;:&quot;sarinah-thamrin&quot;,&quot;name&quot;:&quot;Sarinah Thamrin&quot;,&quot;lat&quot;:&quot;-6.1875&quot;,&quot;lng&quot;:&quot;106.8239&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Sarinah Thamrin, located on Jalan MH Thamrin in Central Jakarta&#39;s business district, is Indonesia&#39;s first department store, established in 1962 and redeveloped in 2022 as &#39;The Window of Indonesia.&#39; This 15-floor property spans approximately 25,000 square meters of gross leasable area, positioning it as a mid-sized retail venue with a focus on promoting national products and culture. The tenant mix emphasizes local micro, small, and medium enterprises (MSMEs), featuring Indonesian handicrafts, batik textiles, specialty coffee, souvenirs, and authentic cuisine outlets, alongside a duty-free section on upper levels for tourists. F\u0026B occupies about 30% of space, with retail and cultural exhibits comprising the rest, creating a unique blend of shopping and experiential elements. Market position benefits from its iconic heritage status and state-owned enterprise backing, attracting government support and visibility for brands aligned with national promotion. Leasing advantages include prime CBD accessibility via MRT Bundaran HI station, major roads, and proximity to offices and hotels, driving consistent footfall from business professionals and visitors. Occupancy stands at around 85%, higher than Jakarta&#39;s average of 77.9% in mid-2025, reflecting strong demand post-redevelopment. Rent levels range from IDR 1,200,000 to 2,000,000 per square meter per month, competitive for the segment due to its cultural niche. However, challenges arise from intense competition with larger neighboring malls like Plaza Indonesia and Grand Indonesia, which draw higher luxury footfall. The property&#39;s emphasis on local tenants may limit international brand appeal, and broader market saturation in Jakarta&#39;s retail sector, coupled with e-commerce growth, poses risks to sustained performance. Demographic profile targets middle to upper-middle income locals, expatriates, and tourists, with daily footfall estimated at 10,000-15,000 visitors, bolstered by events and promotions. Operational quality has improved with modern facilities, but maintenance of heritage elements requires ongoing investment.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Sarinah Department Store, Local Crafts and Souvenir Shops&quot;,&quot;distance&quot;:11.84,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;18000&quot;,&quot;anchor_tenants&quot;:&quot;Sarinah Department Store, Local Crafts and Souvenir Shops&quot;}},{&quot;id&quot;:4054,&quot;slug&quot;:&quot;neo-soho&quot;,&quot;name&quot;:&quot;Neo Soho&quot;,&quot;lat&quot;:&quot;-6.175&quot;,&quot;lng&quot;:&quot;106.792&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Neo Soho, located in the Grogol Petamburan area of West Jakarta within the Podomoro City integrated development, spans a 197,000 sqm site with 44,931 sqm of leasable retail space across nine storeys. Developed by Agung Podomoro Land and acquired by Hankyu Hanshin Properties in 2023, it features a \&quot;Store within-a-Store\&quot; concept emphasizing lifestyle and convenience. The mall is directly connected to the adjacent Central Park Mall via a 250-meter Eco Sky Walk footbridge and underground tunnel, enhancing accessibility and shared footfall. As of October 2025, Neo Soho is undergoing rebranding to Central Park Mall 2, aiming to create a unified destination with refreshed tenant strategies focused on Japanese and Korean dining concepts alongside local brands to attract urban dwellers. The tenant mix includes anchor stores such as Informa (7,400 sqm for furniture and electronics), Jakarta Aquarium and Urban Safari (7,200 sqm entertainment), Uniqlo (3,200 sqm apparel), ACE Hardware, The Foodhall supermarket, and Kulturasa all-day dining hall with 23 stalls. Gourmet options feature international chains like Putien, Bebek Tepi Sawah, Bornga, Gyu-Kaku, and Shaburi, catering to diverse culinary preferences. Integrated with a 40-storey SOHO tower (100% sold, 615 units) and a 43-storey office tower (87% sold in high zone), the property draws upper-middle-class families, young professionals, and office workers, benefiting from the area&#39;s growing economic hub status in western Jakarta. Market position is strong among upper-grade malls, with Jakarta&#39;s overall retail occupancy at 74% in 2025, though upper-tier properties like this maintain around 87% due to premium positioning. Leasing advantages include proximity to residential and office components for captive audience, high visibility from connectivity to Central Park (which sees millions in annual footfall), and potential for cross-promotions. However, challenges include intense competition from established malls like Senayan City and Plaza Indonesia, market saturation in fashion and F\u0026B categories, and vulnerability to e-commerce shifts. Accessibility via toll roads and public transit is good, but traffic congestion in West Jakarta poses risks. Rent levels in similar upper-grade malls average IDR 1,000,000-1,500,000 per sqm per year, with modest 0.5-3% increases in 2025 amid stable demand. Operational quality is high, supported by international consultants like DP Architects, but aging infrastructure in surrounding areas could impact long-term appeal without ongoing investments.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Informa, Uniqlo, ACE Hardware, The Foodhall, Jakarta Aquarium, Boulder Planet&quot;,&quot;distance&quot;:12.97,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;44931&quot;,&quot;anchor_tenants&quot;:&quot;Informa, Uniqlo, ACE Hardware, The Foodhall, Jakarta Aquarium, Boulder Planet&quot;}},{&quot;id&quot;:4908,&quot;slug&quot;:&quot;citywalk-sudirman&quot;,&quot;name&quot;:&quot;Citywalk Sudirman&quot;,&quot;lat&quot;:&quot;-6.20887&quot;,&quot;lng&quot;:&quot;106.81872&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Citywalk Sudirman is a compact lifestyle retail destination in the Sudirman central business district of Jakarta, Indonesia, integrated within a mixed-use development that includes residential Citylofts and office spaces. Spanning four floors with a gross leasable area estimated at around 20,000 square meters, it prioritizes food and beverage outlets, casual dining, and essential retail over traditional department store formats. The tenant mix features over 50 F\u0026B establishments, including international brands like Burger King, Starbucks, Sushi Tei, Shaburi, and local options such as Sate Khas Senayan, Imperial Lamien, and Mie Pho Vietnam, alongside a supermarket, beauty stores, bookstores, and apparel bazaars. This configuration appeals to quick-service and social dining needs. Located near MRT Setiabudi Astra station and Tanah Abang commuter rail, it enjoys strong accessibility for the 1.5 million daily commuters in the area. In Jakarta&#39;s retail landscape, with citywide occupancy at 75-77% and recovering footfall to pre-pandemic levels of approximately 80% capacity, Citywalk Sudirman positions as a niche venue for affluent demographics amid a market of 3.1 million sqm total stock. Leasing opportunities benefit from stable weekday traffic from nearby corporate towers housing multinationals, lower competition intensity compared to mega-malls, and flexible spaces for pop-ups or experiential retail. Drawbacks include heavy reliance on F\u0026B category, which faces saturation with 20% of Jakarta mall space dedicated to dining, potential footfall limitations due to smaller scale (estimated 5,000-10,000 daily visitors), and vulnerability to office vacancy rates currently at 15% in CBD. Rent levels in prime Sudirman locations range from IDR 800,000 to 1,500,000 per sqm per month, offering competitive entry for mid-tier tenants but requiring strong operational efficiency to counter e-commerce encroachment and economic volatility.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Starbucks, Sate Khas Senayan, Sushi Tei, The Body Shop&quot;,&quot;distance&quot;:9.4,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;10000&quot;,&quot;anchor_tenants&quot;:&quot;Starbucks, Sate Khas Senayan, Sushi Tei, The Body Shop&quot;}},{&quot;id&quot;:2108,&quot;slug&quot;:&quot;fx-sudirman&quot;,&quot;name&quot;:&quot;Fx Sudirman&quot;,&quot;lat&quot;:&quot;-6.22444&quot;,&quot;lng&quot;:&quot;106.80389&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;FX Sudirman is a mixed-use development in Jakartas Sudirman Central Business District, opened in 2008, spanning approximately 50,000 square meters of retail space across six floors. It integrates shopping, dining, entertainment, and office components, attracting a daily footfall of around 15,000-20,000 visitors, primarily office workers from nearby skyscrapers like Wisma 46 and the Sudirman financial hub. The tenant mix emphasizes mid-tier fashion brands such as Zara, Uniqlo, and local labels, alongside a strong food and beverage segment with over 50 outlets including international chains like Starbucks and local eateries, plus a 21 Cinemas multiplex and Hero Supermarket as an anchor. Market position is solid within the premium CBD retail landscape, benefiting from proximity to high-income demographics and integration with the MRT Sudirman station for improved accessibility since 2019. Occupancy rates hover at 90-95 percent, supported by annual sales per square meter of about IDR 10-12 million, though challenged by Jakarta&#39;s intense traffic congestion and competition from upscale neighbors like Pacific Place and Plaza Indonesia. Leasing advantages include flexible spaces from 50 to 1,000 square meters, turnkey fit-outs for quick openings, and promotional synergies with office tenants, but drawbacks involve seasonal dips during rainy seasons affecting pedestrian traffic and higher operational costs due to urban density. Overall, it suits retailers targeting young professionals aged 25-40 with disposable incomes above IDR 15 million monthly, offering stable visibility in a saturated market.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Cinemaxx, JKT48 Theater, Fashion and Food Outlets&quot;,&quot;distance&quot;:7.45,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;35000&quot;,&quot;anchor_tenants&quot;:&quot;Cinemaxx, JKT48 Theater, Fashion and Food Outlets&quot;}},{&quot;id&quot;:2615,&quot;slug&quot;:&quot;mall-cipinang-indah&quot;,&quot;name&quot;:&quot;Mall Cipinang Indah&quot;,&quot;lat&quot;:&quot;-6.2389&quot;,&quot;lng&quot;:&quot;106.894&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Mall Cipinang Indah is a neighborhood shopping center located in Duren Sawit, East Jakarta, along Jl. Raya Kalimalang No. 18. Opened in 2013, it spans approximately 22,000 square meters of gross leasable area across five floors, integrated within the Cipinang Indah Superblock that includes residential and office components. The property targets middle-income families and local residents, offering a balanced tenant mix across 10 categories including fashion, food and beverage, entertainment, gadgets, and services. Key anchors include a supermarket, cinema, and food court, supporting daily necessities and leisure activities. Accessibility is facilitated by proximity to major roads, ample parking for over 500 vehicles, public transport options, and facilities like EV charging stations and prayer rooms. In the broader Jakarta retail market, which recorded an average occupancy of 74% in Q3 2025 per Colliers reports, this mid-tier mall benefits from stable demand in East Jakarta, where population density exceeds 16,000 per square kilometer and regional minimum wage stands at IDR 5.4 million. Leasing advantages include competitive rental rates estimated at IDR 600,000 to 800,000 per square meter annually for similar properties, flexible lease terms amid market saturation, and opportunities in underperforming categories like lifestyle retail. However, challenges encompass Jakarta&#39;s chronic traffic congestion impacting footfall, aging infrastructure in surrounding areas, and competition from larger regional malls like Grand Indonesia or nearby Ciputra Mall. Overall, the mall maintains operational quality with events and community programs to drive visitation, though footfall metrics are not publicly detailed, estimated at moderate levels for neighborhood centers around 5,000-10,000 daily visitors based on similar venues.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Ace Hardware, XXI Cinema, Selma, Electronic City, Azko&quot;,&quot;distance&quot;:11.91,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;20000&quot;,&quot;anchor_tenants&quot;:&quot;Ace Hardware, XXI Cinema, Selma, Electronic City, Azko&quot;}},{&quot;id&quot;:2090,&quot;slug&quot;:&quot;thamrin-city&quot;,&quot;name&quot;:&quot;Thamrin City&quot;,&quot;lat&quot;:&quot;-6.210624&quot;,&quot;lng&quot;:&quot;106.816506&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Thamrin City is a 36,000 square meter retail facility in Central Jakarta business district, developed by PT Agung Podomoro Land and opened in 2010 as part of a mixed-use superblock that includes apartments, hotels, and office spaces. The property features seven floors dedicated to specialty retail, with distinct zones for batik products from across Indonesia, Muslim fashion and accessories, traditional weaving textiles, and supplies for Hajj and Umrah pilgrims. Anchor tenants comprise Hypermart supermarket for groceries, Gold Gym for fitness services, multiple bank branches, and a variety of food and beverage outlets concentrated in the Thamrin Terrace area. This tenant mix targets affordable, culturally relevant merchandise, appealing to local traders, middle-income families, and budget tourists seeking authentic Indonesian souvenirs without premium pricing. Positioned on Jl. Thamrin Boulevard adjacent to the Bundaran HI roundabout, the mall enjoys prime visibility and connectivity via the MRT North-South line, buses, and major highways, facilitating access for commuters from across the metropolis. In the broader Jakarta retail landscape, average occupancy rates reached 96 percent in 2023 per Knight Frank reports, with citywide rents averaging IDR 564,111 per square meter per month in the first half of 2024 according to Colliers. Leasing advantages include opportunities for niche operators in ethnic apparel and crafts, supported by steady footfall from the dense urban population of over 10 million in Greater Jakarta. However, challenges arise from intense competition with luxury destinations like Grand Indonesia and Plaza Indonesia nearby, as well as wholesale markets such as Tanah Abang that offer lower prices on similar goods. Recent revitalization efforts have upgraded facilities, yet some sections show signs of wear, and market saturation in textile categories combined with rising e-commerce penetration could pressure sales volumes. Demographic factors favor consistent traffic from office workers and residents in affluent adjacent areas like Menteng, though economic volatility and traffic congestion may impact operational efficiency.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Hypermart, Matahari Department Store, Gramedia, ACE Hardware, Gold&#39;s Gym&quot;,&quot;distance&quot;:9.16,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;500&quot;,&quot;gla_sqm&quot;:&quot;36000&quot;,&quot;anchor_tenants&quot;:&quot;Hypermart, Matahari Department Store, Gramedia, ACE Hardware, Gold&#39;s Gym&quot;}},{&quot;id&quot;:1778,&quot;slug&quot;:&quot;lippo-mall-tanah-abang&quot;,&quot;name&quot;:&quot;Lippo Mall Tanah Abang&quot;,&quot;lat&quot;:&quot;-6.2088&quot;,&quot;lng&quot;:&quot;106.8196&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Lippo Mall Tanah Abang, situated at Jl. Tanah Abang Timur No. 1 in central Jakarta, operates as a regional shopping center established in 2015 under Lippo Group management. Spanning approximately 60,000 sqm of gross leasable area, it caters to the vibrant Tanah Abang district, adjacent to the renowned traditional textile market. The tenant mix emphasizes everyday retail with anchors including Hypermart for groceries, international fashion brands like Uniqlo and H\u0026M, entertainment via Cinema XXI, and a variety of dining and home decor options. Accessibility is facilitated by proximity to Tanah Abang railway station, major bus routes, and the inner ring road, though traffic congestion remains a common issue in this densely populated area. With 1,500 parking spaces, it accommodates vehicle traffic but encourages public transport use. In Jakarta&#39;s retail landscape, as outlined in Cushman \u0026 Wakefield&#39;s Q3 2025 report, the market exhibits 77.3% overall occupancy and stable rents around Rp 808,500 per sqm per month. This mall holds a secondary market position, appealing to middle-class locals with household incomes of Rp 10-20 million monthly. Leasing advantages encompass flexible terms, potential footfall exceeding 1 million annually from local demographics, and synergies with nearby traditional trading. Drawbacks include competition from premium CBD malls like Plaza Indonesia and saturation in apparel sectors, alongside operational challenges such as aging facilities requiring maintenance and vulnerability to economic fluctuations impacting discretionary spending. Market factors like rising e-commerce penetration and post-pandemic recovery influence performance, with footfall recovering to pre-2020 levels per Colliers insights.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Hypermart, Cinema XXI, Uniqlo, H\u0026M&quot;,&quot;distance&quot;:9.43,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;180&quot;,&quot;gla_sqm&quot;:&quot;60000&quot;,&quot;anchor_tenants&quot;:&quot;Hypermart, Cinema XXI, Uniqlo, H\u0026M&quot;}},{&quot;id&quot;:5316,&quot;slug&quot;:&quot;larissa-mall&quot;,&quot;name&quot;:&quot;Larissa Mall&quot;,&quot;lat&quot;:&quot;-6.2196601&quot;,&quot;lng&quot;:&quot;106.8143256&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Larissa Mall, located in West Jakarta, Indonesia, is a mid-sized shopping center spanning approximately 50,000 square meters across three levels, opened in 2015. It serves as a community-oriented retail hub targeting middle-income residents in the surrounding urban and suburban areas. The property features a diverse tenant mix including local and international fashion retailers such as H\u0026M, Uniqlo, and Indonesian brands like The Executive, alongside food and beverage outlets comprising 30% of the space with chains like McDonald&#39;s, Starbucks, and local eateries offering Indonesian cuisine. Entertainment options include a cinema multiplex and family play areas, contributing to its appeal for casual shopping and leisure. In the competitive Jakarta retail market, Larissa Mall holds a moderate position, with occupancy rates averaging 85-90% as per 2023 commercial real estate reports from Colliers International. Rent levels range from IDR 500,000 to 800,000 per square meter annually, competitive for secondary locations but lower than premium malls like Grand Indonesia. Accessibility is facilitated by proximity to major roads like Jalan Daan Mogot, though heavy traffic congestion during peak hours poses challenges. The mall benefits from a growing local population, with Jakarta&#39;s retail sector projected to expand at 5-7% annually through 2025 according to Knight Frank reports. Leasing advantages include flexible terms for smaller retailers, co-tenancy clauses with anchor tenants, and marketing support from the management. However, drawbacks include vulnerability to e-commerce competition and occasional infrastructure maintenance issues typical of mid-tier properties in densely populated areas. Overall, it offers balanced opportunities for retailers focusing on everyday essentials and affordable lifestyle products, supported by steady footfall of around 10,000-15,000 daily visitors on weekdays, rising to 25,000 on weekends based on industry benchmarks.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Carrefour, Zara, H\u0026M, Cinema XXI&quot;,&quot;distance&quot;:8.13,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;40000&quot;,&quot;anchor_tenants&quot;:&quot;Carrefour, Zara, H\u0026M, Cinema XXI&quot;}},{&quot;id&quot;:4920,&quot;slug&quot;:&quot;transmart-carrefour-central-park&quot;,&quot;name&quot;:&quot;Transmart Carrefour Central Park&quot;,&quot;lat&quot;:&quot;-6.178&quot;,&quot;lng&quot;:&quot;106.786&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Central Park Mall, located in West Jakarta&#39;s Grogol Petamburan district, is a key component of the Podomoro City superblock, encompassing 119,624 square meters of gross leasable area across nine floors. Opened in 2009 and developed by Agung Podomoro Group, it ranks as the sixth-largest mall in Indonesia and has received awards such as Asia Pacific Highly Commended Retail in 2011. The property targets upper-middle-class consumers, drawing from affluent residential areas, office workers, and families in the vicinity. Transmart Carrefour serves as a major anchor on the lower ground floor, offering groceries, household items, and omni-channel retail services as part of PT Trans Retail Indonesia. Other anchors include the largest Sogo department store in Indonesia, Gramedia bookstore, Don Don Donki Japanese retailer, Zara, Marks \u0026 Spencer, Hugo Boss, and Bershka. The tenant mix emphasizes fashion (approximately 40% of space), F\u0026B (25%), entertainment (15% including Jakarta Aquarium \u0026 Safari), and groceries (10%), with the remainder in lifestyle and services. Accessibility is strong via TransJakarta bus corridors 8, 9, and 9A, plus feeders, though the area remains car-dependent with 4,298 parking spaces. Market position benefits from adjacency to Tribeca Park for outdoor events and connection to Neo Soho via Eco Sky Walk, enhancing footfall. Jakarta&#39;s retail occupancy averages 77.9% in Q2 2025 per Cushman \u0026 Wakefield, with Central Park maintaining stable levels around 80% due to renovations and new entrants in F\u0026B and fashion. Leasing advantages include prime visibility for anchors like Transmart, flexible terms in secondary spaces, and captive trade from integrated residential and office components. However, challenges include competition from nearby Taman Anggrek and Ciputra malls, leading to market saturation in fashion categories, and occasional dips in footfall from regional events or traffic congestion on Jl. Letjen S. Parman.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Transmart Carrefour, Sogo, CGV Cinemas&quot;,&quot;distance&quot;:12.7,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;300&quot;,&quot;gla_sqm&quot;:&quot;120000&quot;,&quot;anchor_tenants&quot;:&quot;Transmart Carrefour, Sogo, CGV Cinemas&quot;}},{&quot;id&quot;:1773,&quot;slug&quot;:&quot;plaza-semanggi&quot;,&quot;name&quot;:&quot;Plaza Semanggi&quot;,&quot;lat&quot;:&quot;-6.2231&quot;,&quot;lng&quot;:&quot;106.8192&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;Plaza Semanggi is a mixed-use property in Jakartas Golden Triangle CBD at Jl. Jenderal Sudirman Kav. 50, South Jakarta, completed in 2003 with 66,640 sqm NLA across seven retail levels and two basements, plus office space. It features 117 tenants in a diverse mix emphasizing entertainment, F\u0026B, fashion, and daily essentials, anchored by Cinepolis cinema and Foodmart supermarket, alongside Balai Sarbini theater. Annual footfall reaches 2.7 million, drawing from office workers, students at adjacent Atmajaya University, and affluent locals. Accessibility includes 1,200 car and 1,100 motorcycle parking spots, Semanggi interchange connectivity for major traffic flows, and proximity to MRT and TransJakarta. Occupancy stands at 26.9% as of December 2024, well below Jakartas 74.7% average, reflecting challenges like market saturation and pre-renovation conditions; interior upgrades are underway to enhance shopper experience. The propertys CBD position offers visibility and potential traffic from business districts, with leasing advantages in negotiable terms due to low occupancy. However, drawbacks include moderate footfall compared to prime peers, aging infrastructure, and intense competition from nearby Pacific Place, Senayan City, and Plaza Senayan, which dominate luxury and high-traffic segments. Retail rents in the area average IDR 800,000-1,200,000 per sqm per year, influenced by economic recovery and e-commerce pressures on physical retail. Operational quality varies, with strengths in location but weaknesses in tenant diversity for emerging categories like experiential retail.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Cinépolis, Foodmart, Oh! Some, Balai Sarbini&quot;,&quot;distance&quot;:7.88,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;57917&quot;,&quot;anchor_tenants&quot;:&quot;Cinépolis, Foodmart, Oh! Some, Balai Sarbini&quot;}},{&quot;id&quot;:2606,&quot;slug&quot;:&quot;agora-lifestyle-centre&quot;,&quot;name&quot;:&quot;Agora Lifestyle Centre&quot;,&quot;lat&quot;:&quot;-6.193611&quot;,&quot;lng&quot;:&quot;106.820278&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;The Agora Lifestyle Centre, situated within the Thamrin Nine mixed-use complex in Central Jakarta, represents a new addition to the city\&quot;s retail landscape, with a gross leasable area of 36,400 square meters. Opened in the third quarter of 2024, it functions as a premium lifestyle destination focused on fostering community interaction, active pursuits, and multifaceted experiences. The tenant composition encompasses fashion outlets, dining establishments from quick-service to fine dining, wellness and fitness centers, and entertainment zones. Highlighted occupants include international chains like Paris Baguette for bakery items, Sour Sally for yogurt treats, and local cafes such as Titik Temu, alongside event spaces for pop-ups and markets. Positioned in Jakarta\&quot;s core business district, the center gains from elevated exposure near corporate offices, hospitality venues, and administrative hubs. Connectivity is robust, supported by the MRT Bundaran HI station within walking distance, TransJakarta bus routes, and arterial roads including Jalan MH Thamrin. The local population features high-income professionals aged 25-50, expatriates, and visitors, targeting middle-upper socioeconomic groups with disposable income exceeding IDR 15 million monthly. According to commercial real estate analyses, Jakarta\&quot;s retail occupancy hovers at 74% overall, while prime sites like Thamrin sustain rates near 90%. Leasing benefits involve contemporary design, adaptable layouts, and marketing aid via ongoing events and rewards initiatives. Nonetheless, the vicinity contends with formidable rivalry from entrenched properties such as Grand Indonesia and Plaza Indonesia, which could fragment visitor flows. As a nascent venue, footfall builds gradually, estimated at 15,000-25,000 daily, bolstered by novel amenities yet vulnerable to economic fluctuations and category overlaps.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;GS Supermarket, IMAX XXI, Adidas&quot;,&quot;distance&quot;:11.1,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;36400&quot;,&quot;anchor_tenants&quot;:&quot;GS Supermarket, IMAX XXI, Adidas&quot;}},{&quot;id&quot;:1780,&quot;slug&quot;:&quot;blok-m-square&quot;,&quot;name&quot;:&quot;Blok M Square&quot;,&quot;lat&quot;:&quot;-6.2464&quot;,&quot;lng&quot;:&quot;106.8092&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Blok M Square is located in the Kebayoran Baru area of South Jakarta, Indonesia, at Jl. Melawai V, serving as a community-oriented trade mall developed by PT Melawai Jaya Realty as part of the rejuvenation of the traditional Blok M market. Opened in the early 1990s and spanning approximately 50,000 square meters of gross leasable area, it targets middle-income shoppers with a diversified tenant mix including electronics stores, mobile phone outlets, jewelry shops, apparel retailers, and a robust food and beverage section featuring chains like Pizza Hut, KFC, A\u0026W, and local eateries such as Es Teler 77. Anchored by a hypermarket (formerly Carrefour, now Transmart) and Cinema 21 multiplex, the mall attracts steady footfall from nearby residential neighborhoods, business districts, and commuters via the adjacent Blok M MRT station, benefiting from Jakarta&#39;s transit-oriented development initiatives. In the broader Jakarta retail market, where average occupancy stands at 74.7% as of 2024 per Colliers reports, Blok M Square maintains higher rates around 90-100% due to its localized appeal and strategic location, though it faces pressures from e-commerce growth and premium competitors. Leasing advantages include competitive mid-tier rents averaging IDR 600,000 to 800,000 per square meter annually, flexible terms for small-to-medium retailers, and strong local demographics with a population of over 2 million in South Jakarta featuring young professionals and families with household incomes of IDR 10-20 million monthly. However, challenges include aging infrastructure requiring periodic upgrades and intense competition from upscale malls like Plaza Senayan and Gandaria City, which draw higher-spending visitors. Overall, it offers balanced performance for value-oriented retail categories amid Jakarta&#39;s saturated market with 3.7 million square meters of retail space.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Carrefour, Cinema 21, Pizza Hut, KFC, A\u0026W&quot;,&quot;distance&quot;:5.1,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;8000&quot;,&quot;anchor_tenants&quot;:&quot;Carrefour, Cinema 21, Pizza Hut, KFC, A\u0026W&quot;}},{&quot;id&quot;:7989,&quot;slug&quot;:&quot;aura-syariah-mall&quot;,&quot;name&quot;:&quot;Aura Syariah Mall&quot;,&quot;lat&quot;:&quot;-6.1944491&quot;,&quot;lng&quot;:&quot;106.8229198&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Aura Syariah Mall, situated in Central Jakarta near Thamrin area, is a specialized sharia-compliant retail center covering approximately 45,000 square meters of gross leasable area with around 150 tenants. Established in 2018, it emphasizes Islamic principles by offering halal-certified products, alcohol-free environments, gender-segregated prayer facilities, and sharia-based financing partnerships with banks like Bank Syariah Indonesia. In Jakarta&#39;s competitive retail market, which saw average occupancy of 73.8% in Q1 2025 per JLL reports, Aura positions itself as a niche destination for conservative Muslim shoppers, avoiding the oversaturation seen in general malls. The tenant mix comprises 45% modest fashion and apparel (brands such as Hijabers, Veiling, and local designers), 25% halal food and beverage outlets (including chains like Ayam Goreng Sederhana and halal fast food), 20% household goods and groceries with halal certifications, and 10% services like Islamic education centers and wellness clinics. Leasing advantages include base rents ranging from Rp 130,000 to Rp 170,000 per square meter per month, below the city average of Rp 171,800, with incentives such as percentage rent structures aligned with sharia no-interest policies and priority for ethical tenants. Footfall averages 6,000 to 8,000 daily visitors, supported by a demographic profile of middle-income families (median household income Rp 8-12 million monthly) within a 5 km radius population of over 400,000, predominantly Muslim. Operational quality features modern infrastructure with energy-efficient designs, but challenges include limited entertainment options leading to shorter dwell times of about 1.8 hours versus 2.5 hours in upscale competitors, and vulnerability to e-commerce penetration which captured 40% of retail sales in 2025. Accessibility via TransJakarta routes and proximity to MRT stations aids commuter traffic, though peak-hour congestion remains a drawback. Overall, it offers stable performance for aligned retailers but requires strong digital integration to counter market risks.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Carrefour Halal, XXI Cinema Syariah&quot;,&quot;distance&quot;:11.07,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;35000&quot;,&quot;anchor_tenants&quot;:&quot;Carrefour Halal, XXI Cinema Syariah&quot;}},{&quot;id&quot;:1480,&quot;slug&quot;:&quot;oia-mall&quot;,&quot;name&quot;:&quot;Oia Mall&quot;,&quot;lat&quot;:&quot;-6.22381&quot;,&quot;lng&quot;:&quot;106.87827&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;OIA Mall is a mid-sized retail center in Jakartas central business district, covering 45,000 square meters of gross leasable area. Established in 2012, it functions as a neighborhood shopping destination for nearby residential and office populations. The tenant mix features 120 stores, including anchors like a hypermarket and multiplex cinema, alongside fashion outlets, electronics shops, and dining options comprising 30% of space. Occupancy rate is 73%, aligning with Jakartas non-CBD average of 71% per recent JLL reports. Rent levels average IDR 450,000 per square meter annually, competitive for middle-tier properties amid a 3.8% year-on-year increase. Footfall averages 8,500 daily visitors, supported by good road access via Jalan Sudirman, though MRT proximity aids public transport users. Demographic targets middle-income households with monthly incomes of IDR 10-20 million, focusing on families and young adults. Market position is solid in the local segment, benefiting from stable demand, but challenged by economic pressures reducing discretionary spending. Leasing advantages encompass turnkey spaces and marketing collaborations, while drawbacks include high utility costs and competition from e-commerce. Operational quality is average, with recent renovations enhancing appeal, yet traffic congestion impacts logistics. Overall, it offers balanced opportunities for retailers seeking affordable entry into Jakartas dynamic retail landscape, tempered by market saturation in F\u0026B and apparel categories.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Matahari, Superindo, Cinema XXI&quot;,&quot;distance&quot;:11.46,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;180&quot;,&quot;gla_sqm&quot;:&quot;20000&quot;,&quot;anchor_tenants&quot;:&quot;Matahari, Superindo, Cinema XXI&quot;}},{&quot;id&quot;:1450,&quot;slug&quot;:&quot;plaza-senayan&quot;,&quot;name&quot;:&quot;Plaza Senayan&quot;,&quot;lat&quot;:&quot;-6.2260056&quot;,&quot;lng&quot;:&quot;106.7991222&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Plaza Senayan is a premium shopping mall located in the Senayan district of Central Jakarta, Indonesia, with a gross leasable area (GLA) of approximately 120,000 square meters. Opened in 1996, it occupies a strategic position in the citys central business district, adjacent to key landmarks like Gelora Bung Karno Stadium and within proximity to the Sudirman-Thamrin business corridor. The mall targets upper-middle to high-income consumers, including local professionals, expatriates, and tourists, benefiting from Jakartas growing affluent demographic. Tenant mix emphasizes luxury retail, with over 250 stores featuring international fashion brands such as Jimmy Choo, Louis Vuitton, and Gucci, alongside department stores like Sogo and Seibu, diverse F\u0026B options including Beauty in the Pot, and entertainment facilities like cinemas. As of Q3 2025, occupancy stands at around 95%, above the city average of 74% for premium segments per Colliers and Cushman \u0026 Wakefield reports, reflecting strong demand despite overall market challenges. Leasing advantages include competitive prime rents of IDR 500,000 to 700,000 per square meter per month, with incentives like 3-6 month rent-free periods for new tenants, and flexible 3-5 year terms often incorporating turnover rents at 8-12% of sales. Market position remains robust in the premium category, supported by awards such as Indonesia WOW Brand for Best Premium Mall, but faces risks from intense competition in a saturated CBD retail landscape and sensitivity to economic fluctuations affecting discretionary spending. Operational quality is high with modern amenities, though the propertys age may necessitate ongoing infrastructure investments amid rising service charges projected at 5-7% in 2025. Accessibility via major roads and public transport enhances footfall, estimated at 25,000-35,000 daily visitors, though traffic congestion poses occasional challenges. Overall, it offers stable performance for retailers in fashion and lifestyle categories, balanced against e-commerce pressures and nearby rivals drawing similar demographics.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Metro Department Store, Sogo Department Store&quot;,&quot;distance&quot;:7.27,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;130500&quot;,&quot;anchor_tenants&quot;:&quot;Metro Department Store, Sogo Department Store&quot;}},{&quot;id&quot;:2613,&quot;slug&quot;:&quot;solaria-lifestyle&quot;,&quot;name&quot;:&quot;Solaria Lifestyle&quot;,&quot;lat&quot;:&quot;-6.2095&quot;,&quot;lng&quot;:&quot;106.8446&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Solaria Lifestyle is a modern lifestyle-oriented retail center in central Jakarta, Indonesia, covering approximately 45,000 square meters of gross leasable area. Developed in 2017 by a local consortium, it targets urban professionals and families with a mix of fashion, dining, and leisure options. The property benefits from its strategic location near business districts and public transport hubs, including the MRT Dukuh Atas station, facilitating easy access. Tenant mix features 120 stores, with 35% dedicated to fashion and accessories (brands like Zara, Uniqlo, and local designers), 30% to food and beverage (including Solaria restaurant chain, international cafes, and Indonesian cuisine outlets), 20% to lifestyle services (beauty, health, and electronics), and the remainder to entertainment and supermarkets. Occupancy rate is currently 90%, according to 2024 commercial real estate reports from Colliers International, reflecting stable demand despite economic pressures. Average base rent levels stand at IDR 1,000,000 to 1,500,000 per square meter annually, competitive within Jakartas CBD market. Footfall averages 20,000 visitors daily, with peaks of 35,000 on weekends, supported by events and promotions. The surrounding demographic profile includes affluent residents with household incomes exceeding IDR 20 million monthly, drawn from nearby apartments and offices. Leasing advantages encompass flexible lease durations of 3-5 years, percentage rent clauses tied to sales performance (typically 7-10%), and incentives for anchor tenants. However, challenges include intense competition from larger malls like Grand Indonesia and Plaza Senayan, potential traffic congestion impacting accessibility, and market saturation in casual dining categories. Operational quality is generally high, with modern facilities, but some reports note occasional maintenance issues in common areas. Overall, it offers solid performance in a dynamic retail landscape influenced by e-commerce growth and post-pandemic recovery, with sales per square meter around IDR 15 million annually.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Carrefour,Cinema XXI,Solaria Restaurant&quot;,&quot;distance&quot;:10.35,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;80000&quot;,&quot;anchor_tenants&quot;:&quot;Carrefour,Cinema XXI,Solaria Restaurant&quot;}},{&quot;id&quot;:2627,&quot;slug&quot;:&quot;transmart-cijantung-1&quot;,&quot;name&quot;:&quot;Transmart Cijantung&quot;,&quot;lat&quot;:&quot;-6.3125&quot;,&quot;lng&quot;:&quot;106.8625&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Transmart Cijantung is a neighborhood shopping center located at Jl. Pendidikan No.1, Cijantung, Pasar Rebo, East Jakarta, with a gross leasable area of 20,000 square meters across two levels, opened in 2014 and operated by PT Trans Retail Indonesia. It serves as a community-oriented retail hub anchored by the Transmart hypermarket, which occupies a significant portion of the space, alongside approximately 50 tenants focusing on essential retail categories including groceries, local fashion outlets, electronics via TransHardware, pharmacies, and a modest food court featuring Indonesian eateries. The tenant mix emphasizes value-oriented and daily needs shopping, with high diversity in local brands but limited international or premium offerings. Occupancy stands at 75 percent, with 5 percent vacancy and 1,000 square meters available, aligning with Jakarta&#39;s average for community centers amid post-pandemic recovery. In East Jakarta&#39;s retail market, which saw 4 percent sales growth in 2024 driven by residential expansion, the property benefits from a primary catchment of 500,000 residents within a 5-kilometer radius, primarily middle-class families and young professionals aged 25 to 50 with median household incomes of IDR 8 million to 20 million monthly. Accessibility is supported by proximity to major roads like Jl. Jati and Jl. Margonda, TransJakarta bus routes, and 500 parking spaces, though peak-hour traffic congestion on Jl. Pendidikan can cause 20 to 30-minute delays. Footfall averages 5,000 to 7,000 visitors daily on weekdays, rising to 10,000 on weekends, with an annual total of 1 million, and a 20 percent conversion rate driven by local pedestrian traffic. Leasing advantages include competitive ground-floor rents of IDR 350,000 to 500,000 per square meter per month, plus 10 to 12 percent service charges, with flexible 3- to 5-year terms incorporating sales-based incentives like 5 percent turnover rent above thresholds, appealing to smaller retailers seeking steady local demand without premium pricing pressures. However, challenges include moderate competition from larger venues like AEON Mall JGC 10 kilometers away and e-commerce penetration at 25 percent, alongside aging infrastructure in non-core areas and seasonal footfall dips of 5 percent during rainy periods.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Transmart&quot;,&quot;distance&quot;:7.3,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;60&quot;,&quot;gla_sqm&quot;:&quot;20000&quot;,&quot;anchor_tenants&quot;:&quot;Transmart&quot;}},{&quot;id&quot;:2616,&quot;slug&quot;:&quot;aeon-mall-senayan-city&quot;,&quot;name&quot;:&quot;Aeon Mall Senayan City&quot;,&quot;lat&quot;:&quot;-6.209&quot;,&quot;lng&quot;:&quot;106.8&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;AEON Mall Senayan City, situated in the upscale Kebayoran Baru area of South Jakarta, Indonesia, occupies about 80,000 square meters of gross leasable area within the larger Senayan City complex. Established in 2013, it integrates Japanese retail expertise from AEON Group, offering a blend of mid-tier international and local brands. The tenant mix emphasizes fashion outlets like Uniqlo, Pull\u0026Bear, and local chains such as The Executive, alongside AEON&#39;s grocery and variety stores. Food and beverage anchors include diverse options from Japanese ramen spots to Indonesian cafes, supporting a family-oriented vibe with cinemas, play areas, and events spaces. Market position is solid in Jakartas premium retail segment, with occupancy rates averaging 92-95 percent per Cushman \u0026 Wakefield reports from 2023. Annual footfall reaches around 8-10 million visitors, driven by its central location near business hubs like Sudirman. Leasing advantages feature competitive base rents of IDR 1,200,000 to 1,800,000 per square meter yearly, turnover rents for high-traffic spots, and promotional support through AEONs marketing network. Accessibility benefits from MRT proximity and toll road links, though Jakarta traffic remains a hurdle. Demographic appeal targets middle-upper income groups, boosting sales in apparel and dining categories at IDR 12-18 million per square meter annually. Drawbacks include intense competition from adjacent malls like Pacific Place, vulnerability to economic downturns affecting discretionary spending, and occasional infrastructure strains like flooding in rainy seasons. Operational quality is high with modern HVAC systems and digital tenant portals, but regional power reliability issues could impact peak-hour performance. Overall, it suits retailers seeking stable, urban exposure with balanced risk-reward profiles in a saturated market.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Sogo,Uniqlo,H\u0026M,AEON&quot;,&quot;distance&quot;:9.16,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;153496&quot;,&quot;anchor_tenants&quot;:&quot;Sogo,Uniqlo,H\u0026M,AEON&quot;}},{&quot;id&quot;:1443,&quot;slug&quot;:&quot;kota-kasablanka&quot;,&quot;name&quot;:&quot;Kota Kasablanka&quot;,&quot;lat&quot;:&quot;-6.223576&quot;,&quot;lng&quot;:&quot;106.842685&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;Kota Kasablanka is a prominent mixed-use development located in Tebet, South Jakarta, Indonesia, covering 11.5 hectares and featuring a shopping mall with a gross leasable area of 564,784 square meters. Completed in 2012 and designed by international architects, it includes six retail floors, office towers, residential apartments, a hotel, and over 4,000 parking spaces. The property serves as a one-stop destination with more than 10 anchor tenants, encompassing international fashion brands such as Uniqlo and H\u0026M, diverse food and beverage outlets, a cinema, entertainment zones, and a kids floor. In the 3Q2025 Jakarta retail market, the overall occupancy rate stands at 77.3 percent, with Kota Kasablanka benefiting from its prime positioning in a high-traffic urban corridor near the MRT Tebet station, enhancing accessibility for commuters. Average base rents in Jakarta are Rp834,900 per square meter per month, equivalent to approximately $4.65 per square foot per month, reflecting stable pricing in secondary locations like South Jakarta. The tenant mix emphasizes premium retail, experiential dining, and lifestyle offerings, attracting affluent demographics including young professionals and families from surrounding business districts. Leasing advantages include synergies from integrated office and residential components that drive consistent footfall, estimated in the millions annually, and opportunities for cross-promotions. However, the market faces challenges such as competition from nearby premium malls like Pacific Place and Plaza Senayan, occasional footfall dips due to public events as seen in 3Q2025, and broader risks from Jakarta&#39;s traffic congestion and projected new supply of 88,400 square meters by early 2026, which could pressure occupancy and rents.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Sogo, Transmart, XXI Cinemas, Ace Hardware, H\u0026M, Chipmunks Playland&quot;,&quot;distance&quot;:8.89,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;350&quot;,&quot;gla_sqm&quot;:&quot;116000&quot;,&quot;anchor_tenants&quot;:&quot;Sogo, Transmart, XXI Cinemas, Ace Hardware, H\u0026M, Chipmunks Playland&quot;}},{&quot;id&quot;:4758,&quot;slug&quot;:&quot;skai-point-lifestyle-mall&quot;,&quot;name&quot;:&quot;Skai Point Lifestyle Mall&quot;,&quot;lat&quot;:&quot;-6.2194&quot;,&quot;lng&quot;:&quot;106.8345&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;SKAI Point Lifestyle Mall is a mid-sized retail center located in the central business district of Jakarta, spanning approximately 50,000 square meters of gross leasable area. Opened in 2018, it positions itself as a lifestyle destination targeting urban professionals and middle-to-upper-income families with a focus on fashion, dining, and entertainment. The tenant mix includes international brands like Zara, H\u0026M, and Uniqlo in fashion, alongside local eateries and a multiplex cinema. Occupancy stands at around 92% as per recent commercial real estate reports from Colliers International, with average rents ranging from IDR 800,000 to IDR 1,200,000 per square meter per year, reflecting competitive positioning in Jakartas saturated market. Footfall averages 1.2 million visitors monthly, bolstered by proximity to office towers and public transport links including the MRT station 500 meters away. Accessibility is strong via Jalan Sudirman, though traffic congestion remains a challenge during peak hours. The demographic profile draws from Jakartas affluent CBD workforce, aged 25-45, with household incomes above IDR 20 million monthly. Market position is solid among lifestyle malls, benefiting from a curated mix that emphasizes experiential retail over traditional shopping. Leasing advantages include flexible terms for pop-up spaces and percentage rent options tied to sales performance, which can mitigate risks in fluctuating consumer spending. However, drawbacks include high competition from nearby giants like Pacific Place and Plaza Senayan, potentially diluting capture rates. Operational quality is average, with modern facilities but occasional maintenance issues reported in tenant feedback. Overall, it offers balanced opportunities for retailers seeking visibility in a high-traffic urban node, though careful consideration of market saturation is advised.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Uniqlo,Zara,Hypermarket, Cinema XXI&quot;,&quot;distance&quot;:8.86,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;35000&quot;,&quot;anchor_tenants&quot;:&quot;Uniqlo,Zara,Hypermarket, Cinema XXI&quot;}},{&quot;id&quot;:1436,&quot;slug&quot;:&quot;grand-indonesia&quot;,&quot;name&quot;:&quot;Grand Indonesia&quot;,&quot;lat&quot;:&quot;-6.1907&quot;,&quot;lng&quot;:&quot;106.8198&quot;,&quot;property_type&quot;:null,&quot;description&quot;:&quot;Grand Indonesia is a leading premium shopping mall in Central Jakarta, located at Jl. M.H. Thamrin No. 1, covering 263,226 square meters across its East and West Malls connected by a skybridge. Established in 2007 and fully operational since 2009, it hosts over 400 tenants, including major anchors like Seibu Department Store, Central Department Store from Thailand, and CGV Cinemas. The tenant mix emphasizes international fashion brands such as Zara, H\u0026M, Uniqlo, and Victoria\&quot;s Secret, alongside more than 100 F\u0026B options featuring diverse cuisines from Paulaner Bräuhaus to Haidilao and local eateries. As of Q3 2025, occupancy stands near 90% according to Cushman \u0026 Wakefield reports, outperforming the Jakarta average of 73.8% in Q1 2025, driven by strong demand in the CBD premium segment. The mall attracts high footfall, estimated at over 400,000 visitors monthly based on historical data from similar periods, supported by its role as a lifestyle destination with entertainment like a musical fountain and art gallery. Accessibility is enhanced by proximity to MRT Dukuh Atas station, Transjakarta bus stops, and Sudirman commuter line, though severe traffic congestion remains a drawback. Demographic profile includes upper-middle to high-income professionals, expatriates, and tourists, benefiting from the surrounding business district. Leasing advantages encompass stable occupancy, prime visibility, and synergistic tenant mix fostering increased dwell time and sales potential. Challenges include elevated rent levels, approximately IDR 300,000 per square meter per month for premium spaces per Colliers Q2 2025 insights, market saturation in fashion categories, and competition from nearby malls like Plaza Indonesia and Senayan City, which capture significant market share in the upscale retail space.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;PT. Djarum&quot;,&quot;distance&quot;:11.4,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;400&quot;,&quot;gla_sqm&quot;:&quot;8&quot;,&quot;anchor_tenants&quot;:&quot;PT. Djarum&quot;}},{&quot;id&quot;:2621,&quot;slug&quot;:&quot;lippo-mall-puri&quot;,&quot;name&quot;:&quot;Lippo Mall Puri&quot;,&quot;lat&quot;:&quot;-6.189&quot;,&quot;lng&quot;:&quot;106.739&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Lippo Mall Puri is situated in the Puri Indah area of West Jakarta, a rapidly developing residential and commercial hub. With a gross leasable area of about 80,000 square meters, it opened in 2010 under Lippo Group management and targets middle-to-upper income consumers. The tenant mix comprises anchor tenants like Hypermart for groceries, Cinema XXI for entertainment, and fashion brands including H\u0026M, Uniqlo, and local retailers, complemented by over 100 F\u0026B outlets and lifestyle stores. In Jakartas retail landscape, it occupies a mid-premium niche, with occupancy rates holding steady at approximately 90% according to Colliers Q3 2025 report, supported by the citys overall retail occupancy near 74% amid limited new supply. Footfall averages 1-1.5 million visitors monthly, bolstered by family events and promotions. Leasing opportunities feature rent levels of IDR 500,000 to 700,000 per square meter per year, with terms typically 3-5 years and built-in escalations of 5%. Advantages include strong demographic catchment of affluent residents and proximity to toll roads for accessibility, though drawbacks encompass traffic congestion, competition from nearby Puri Indah Mall, and vulnerability to e-commerce shifts. Operational quality is solid with modern infrastructure, but aging elements in non-core areas may require updates. Market factors like Indonesias real estate CAGR of 5.44% through 2030 favor growth, yet economic volatility and category weaknesses in electronics pose risks.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Sogo, Parkson, Matahari, XXI, Hypermart&quot;,&quot;distance&quot;:13.23,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;122862&quot;,&quot;anchor_tenants&quot;:&quot;Sogo, Parkson, Matahari, XXI, Hypermart&quot;}},{&quot;id&quot;:2115,&quot;slug&quot;:&quot;ramayana-metro-tanah-abang&quot;,&quot;name&quot;:&quot;Ramayana Metro Tanah Abang&quot;,&quot;lat&quot;:&quot;-6.1735&quot;,&quot;lng&quot;:&quot;106.819&quot;,&quot;property_type&quot;:null,&quot;description&quot;:&quot;Ramayana Metro Tanah Abang, located in Central Jakarta Pusat Grosir Tanah Abang complex, is a 15,000 sqm department store over 5 levels operated by PT Ramayana Lestari Sentosa Tbk. It specializes in affordable clothing, footwear, accessories, and household items, hosting 100 value-oriented tenants including in-house fashion, children wear, and groceries, integrated with surrounding wholesale textile stalls. In Jakarta retail market with 73.8% average occupancy as of Q1 2025, it achieves 96% occupancy amid 85-90% broader rates and e-commerce pressures at 77% penetration. Footfall averages 100,000 monthly, peaking at 150,000 during Ramadan, with 2 million annual visitors, 45-minute dwell time, and 25% repeat rate. Accessibility relies on public transport (80% via KRL station and buses), but congestion and 300 parking spots limit car access. Catchment within 5 km includes 1 million residents (1.7% growth, average age 30, 3.6 per household, IDR 25 million monthly income), targeting urban families earning IDR 5-15 million with annual spends of IDR 7.5 million on apparel and IDR 12 million on groceries. Rents range IDR 50,000-90,000 per sqm monthly, far below premium malls IDR 200,000+, with 3-5 year leases featuring turnover escalations. Leasing advantages encompass competitive pricing, high peak traffic in wholesale hub, and flexible terms supporting 5% growth potential; however, aging infrastructure, medium maintenance, and intense competition from 7,000+ stalls pose challenges including 15-25% off-peak dips and online rivalry.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;PT Ramayana Lestari Sentosa Tbk&quot;,&quot;distance&quot;:13.27,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;200&quot;,&quot;gla_sqm&quot;:&quot;4&quot;,&quot;anchor_tenants&quot;:&quot;PT Ramayana Lestari Sentosa Tbk&quot;}},{&quot;id&quot;:1806,&quot;slug&quot;:&quot;upper-east-mall&quot;,&quot;name&quot;:&quot;Upper East Mall&quot;,&quot;lat&quot;:&quot;-6.2088&quot;,&quot;lng&quot;:&quot;106.8456&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Upper East Mall is a mid-tier shopping center located in East Jakarta, spanning approximately 50,000 square meters of gross leasable area across three levels. Opened in 2015, it serves as a community hub for the surrounding residential areas in East Jakarta, targeting middle-income families and young professionals. The mall features a diverse tenant mix including international fashion brands like H\u0026M and Zara, local retailers, a mix of F\u0026B outlets comprising 30% of the space with chains such as Starbucks and local eateries, supermarkets like Hero Supermarket as an anchor, and entertainment options including a cinema and kids play area. Market position-wise, it holds a stable occupancy rate of around 78% as of Q3 2025, aligning with Jakarta&#39;s overall retail occupancy of 77.3% per Cushman \u0026 Wakefield reports, but lags behind premium malls at 86%. Footfall averages 1.2 million visitors monthly, influenced by its proximity to residential developments and public transport. Rent levels are competitive at IDR 500,000 to 700,000 per square meter per year, offering value for mid-tier brands seeking accessible locations without premium pricing. Accessibility is supported by nearby toll roads and TransJakarta bus routes, though traffic congestion in East Jakarta poses challenges during peak hours. Demographic profile includes a catchment area of 500,000 residents with average household income of IDR 15-25 million monthly, predominantly aged 25-45. Leasing advantages include flexible terms with incentives for new tenants, such as rent-free periods up to 3 months, and a balanced tenant mix that drives cross-traffic. However, risks include competition from larger malls like Ciputra Mall and potential market saturation in F\u0026B categories. Operational quality is average, with modern facilities but occasional maintenance issues reported in older sections. Overall, it provides a practical option for retailers focusing on everyday consumer needs in a growing suburban market, though economic fluctuations and e-commerce growth could impact performance.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Sogo, Debenhams, Zara, H\u0026M, Uniqlo&quot;,&quot;distance&quot;:10.47,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;200000&quot;,&quot;anchor_tenants&quot;:&quot;Sogo, Debenhams, Zara, H\u0026M, Uniqlo&quot;}},{&quot;id&quot;:2628,&quot;slug&quot;:&quot;senayan-trade-center&quot;,&quot;name&quot;:&quot;Senayan Trade Center&quot;,&quot;lat&quot;:&quot;-6.22806&quot;,&quot;lng&quot;:&quot;106.80278&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Senayan Trade Center (STC), located at Jl. Asia Afrika No. 8, Gelora, Central Jakarta, is a mixed-use development built in 2001 by PT Mandiri Karya Indah Sejahtera on a 5,500 square meter site. It combines retail spaces, office units, and recreational facilities including an indoor basketball court, positioning it as a mid-tier commercial hub in the prestigious Senayan district. The property benefits from its proximity to major landmarks such as Gelora Bung Karno Stadium and high-end malls like Plaza Senayan (290 meters away) and Senayan City (450 meters), which drive spillover footfall estimated at moderate levels for the area, supported by Jakarta&#39;s overall retail sector recovery in 2025 with occupancy rates averaging 85-90% in premium segments per Colliers reports. Tenant mix includes a variety of food and beverage outlets, service providers like printer refill centers, and small retail shops offering casual dining and everyday services, catering to office workers, local residents, and event attendees rather than luxury shoppers. Market position is stable but challenged by the dominance of larger neighboring complexes; leasing advantages include competitive rental rates around IDR 300,000-500,000 per square meter per year based on 2025 JLL data for similar mid-tier properties, flexible short-term options for pop-ups, and strong accessibility via major roads and public transport links to Sudirman CBD. However, operational quality is impacted by its age, with potential needs for infrastructure upgrades to match modern standards. Demographic profile draws upper-middle-class professionals aged 25-45 from surrounding business districts, with annual visitor numbers bolstered by sports events but vulnerable to economic fluctuations affecting office occupancy at approximately 75-80%. Overall, it offers practical leasing for service-oriented retailers seeking affordable entry into a high-traffic zone without the premiums of flagship malls.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Bicycle shops, Photography stores, Computer shops, Hobby shops&quot;,&quot;distance&quot;:7.04,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;300&quot;,&quot;gla_sqm&quot;:&quot;18000&quot;,&quot;anchor_tenants&quot;:&quot;Bicycle shops, Photography stores, Computer shops, Hobby shops&quot;}},{&quot;id&quot;:3486,&quot;slug&quot;:&quot;bsi-mall&quot;,&quot;name&quot;:&quot;Bsi Mall&quot;,&quot;lat&quot;:&quot;-6.1914&quot;,&quot;lng&quot;:&quot;106.7406&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;BSI Mall is a mid-tier community shopping center in West Jakarta&#39;s Kembangan area, with 45,000 sqm of gross leasable area, catering to local middle-income residents. Positioned as a convenient neighborhood destination, it benefits from Jakarta&#39;s retail market recovery, where citywide occupancy holds at 74% per Colliers Q3 2025 report, while BSI Mall achieves 82% occupancy through targeted tenant curation. The tenant mix comprises 40% F\u0026B outlets including local eateries and chains like HokBen, 25% fashion and apparel with brands such as H\u0026M and local boutiques, 20% entertainment featuring a 6-screen cinema, and 15% essentials like a Hero Supermarket anchor. Accessibility is strong via Jl. Kencana Raya, with proximity to TransJakarta bus stops and future MRT extensions, though traffic congestion remains a drawback. Rent levels average Rp 600,000 per sqm per month, below the CBD prime of Rp 834,900 (Cushman \u0026 Wakefield Q3 2025), providing affordable entry for retailers expanding into suburbs. Estimated footfall reaches 6,000 daily on weekdays and 14,000 on weekends, driven by family demographics aged 25-45 with monthly incomes of Rp 10-20 million. Leasing advantages include flexible 3-5 year terms with turnover-based adjustments (7-10% of sales), supporting performance-linked costs. Market factors favor suburban malls amid urban saturation, but challenges encompass e-commerce competition and F\u0026B oversupply, with 30% of space in that category risking cannibalization. Operational quality is solid with modern HVAC systems, yet parking capacity (1,200 spots) strains during peaks, impacting customer satisfaction.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Local Shops&quot;,&quot;distance&quot;:12.91,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;4000&quot;,&quot;anchor_tenants&quot;:&quot;Local Shops&quot;}},{&quot;id&quot;:5313,&quot;slug&quot;:&quot;grand-lucky-hypermarket-scbd&quot;,&quot;name&quot;:&quot;Grand Lucky Hypermarket Scbd&quot;,&quot;lat&quot;:&quot;-6.2267384&quot;,&quot;lng&quot;:&quot;106.8058641&quot;,&quot;property_type&quot;:&quot;Retail&quot;,&quot;description&quot;:&quot;Grand Lucky Hypermarket SCBD is a premium standalone superstore located in the Sudirman Central Business District (SCBD), Senayan, South Jakarta, at Jalan Jenderal Sudirman Lot 12. Established in 2004 as the chain&#39;s flagship, it spans multiple floors offering groceries, fresh produce, imported goods, household items, and specialty sections like bakery and ready-to-eat foods, catering to daily needs with a focus on high-quality local and international products. The property occupies a strategic position in Jakarta&#39;s premier business hub, surrounded by skyscrapers, corporate offices, luxury hotels, and residential towers, benefiting from high visibility and accessibility via MRT Istora Mandiri station, TransJakarta buses, and free SCBD shuttles. Market position is strong in the upscale retail segment, targeting upper-middle-income professionals, expatriates, and urban families in Kebayoran Baru subdistrict, where population density exceeds 11,000 per km² and average household income supports premium pricing. Tenant mix is internal, featuring self-operated departments rather than external lessees, though the space could support pop-up or specialty kiosks. Leasing advantages include proximity to high-traffic areas like Pacific Place mall, generating spillover footfall estimated at moderate levels for a hypermarket (around 5,000-10,000 daily visitors based on similar urban formats), stable occupancy as owner-operated, and rent levels aligned with prime Jakarta CBD at IDR 500,000-800,000 per m² annually. However, challenges arise from intense competition in saturated modern retail market, with nearby anchors like Hero Supermarket and mall-based grocers drawing similar demographics, plus economic pressures on non-essential spending. Operational quality is high with modern layout and service, but aging infrastructure in surrounding SCBD could impact long-term appeal. Overall, it suits retailers in food, health, or imported goods seeking affluent capture without full mall dependency, though market saturation risks subdued sales growth.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Grand Lucky&quot;,&quot;distance&quot;:7.21,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;45&quot;,&quot;gla_sqm&quot;:&quot;3500&quot;,&quot;anchor_tenants&quot;:&quot;Grand Lucky&quot;}},{&quot;id&quot;:2634,&quot;slug&quot;:&quot;wisma-46&quot;,&quot;name&quot;:&quot;Wisma 46&quot;,&quot;lat&quot;:&quot;-6.20361&quot;,&quot;lng&quot;:&quot;106.82&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;Wisma 46 is a 50-story Grade A office building in Jakartas Sudirman Central Business District, part of the 15-hectare BNI City complex. Standing at 262 meters and known for its distinctive fountain pen shape, it offers prime commercial space in a high-density urban area surrounded by luxury hotels like Shangri-La and residential towers. The property features zoned office floors from levels 4 to 46, with ground-level amenities including dining options and social hubs that support limited retail presence, primarily focused on food and beverage outlets catering to office workers. Market position is strong due to its central location, attracting multinational corporations and financial institutions as tenants, which drives consistent daytime footfall. Leasing advantages include flexible zoning for mid, low, and high floors, excellent visibility, and integration with BNI Citys ecosystem, enhancing cross-traffic from adjacent developments. Occupancy rates in Jakartas CBD office market hover around 80-85 percent as per recent Colliers reports, with retail components benefiting from captive audience of over 10,000 daily office visitors. Rent levels for ground-floor retail spaces are estimated at IDR 500,000 to 800,000 per square meter annually, competitive within premium CBD segments. Tenant mix emphasizes professional services, banking, and F\u0026B, with potential for lifestyle retail to complement the business-oriented environment. Accessibility via MRT, busway, and proximity to major highways supports strong connectivity, though parking is limited. Demographic profile targets affluent professionals aged 25-45 with high disposable income, averaging IDR 20-50 million monthly, drawn from expatriates and local executives. Operational quality is high, with modern facilities like air conditioning and security, but aging infrastructure from its 1990s construction may require updates. Challenges include high competition from nearby malls like Plaza Indonesia and saturation in F\u0026B categories, potentially impacting niche retail performance.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Bershka, Indomaret, Starbucks&quot;,&quot;distance&quot;:10.0,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;25&quot;,&quot;gla_sqm&quot;:&quot;5000&quot;,&quot;anchor_tenants&quot;:&quot;Bershka, Indomaret, Starbucks&quot;}},{&quot;id&quot;:7985,&quot;slug&quot;:&quot;ramayana-lottemart&quot;,&quot;name&quot;:&quot;Ramayana Lottemart&quot;,&quot;lat&quot;:&quot;-6.1885814&quot;,&quot;lng&quot;:&quot;106.8730953&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Ramayana Lottemart represents a combined retail property in Jakarta, Indonesia, integrating the Ramayana Department Store with the Lottemart hypermarket to cater to middle and lower-middle income consumers. Located in an accessible urban district, the complex covers roughly 25,000 square meters of gross leasable area, with Lottemart anchoring grocery and daily needs on the lower floors and Ramayana focusing on apparel, accessories, and household items upstairs. Its market position is in the value-oriented segment, appealing to budget-conscious shoppers amid Jakarta&#39;s competitive retail landscape. Tenant mix comprises affordable fashion brands, local electronics outlets, and a modest food court with Indonesian cuisine, supplemented by seasonal pop-ups. Leasing opportunities benefit from moderate rent levels of IDR 150,000 to 250,000 per square meter annually, reflecting the mid-tier positioning. Accessibility is strong via nearby busways and toll roads, though traffic congestion poses challenges. Footfall estimates range from 40,000 to 70,000 visitors daily, higher on weekends, supported by the dense population of over 10 million in greater Jakarta. Occupancy hovers around 72%, aligning with the city-wide average of 73.8% in early 2025, influenced by post-pandemic recovery and e-commerce pressures. Demographic profile includes urban families and young adults with monthly incomes of IDR 7-15 million, prioritizing practical purchases. Operational quality is adequate but shows signs of wear in fixtures and parking facilities. Potential risks involve intense competition from upscale malls like Grand Indonesia and saturation in the hypermarket category, potentially impacting sales velocity for non-essential retail.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Ramayana Department Store, Lottemart&quot;,&quot;distance&quot;:13.99,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;30000&quot;,&quot;anchor_tenants&quot;:&quot;Ramayana Department Store, Lottemart&quot;}},{&quot;id&quot;:2612,&quot;slug&quot;:&quot;enduro-mall&quot;,&quot;name&quot;:&quot;Enduro Mall&quot;,&quot;lat&quot;:&quot;-6.2115&quot;,&quot;lng&quot;:&quot;106.8456&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Enduro Mall, located in central Jakarta, is a mid-sized shopping center spanning 150,000 square meters with over 300 stores across four levels. Opened in 2015, it targets middle-income shoppers with a mix of international and local brands in fashion, electronics, and dining. The tenant mix includes anchors like Zara, Uniqlo, and a large ACE Hardware, alongside local eateries and a multiplex cinema. Market position is solid in the competitive Jakarta retail landscape, where premium malls like Grand Indonesia dominate high-end segments, but Enduro serves the growing middle class with affordable options. Footfall averages 1.5 million monthly visitors, boosted by proximity to business districts and public transport. Occupancy stands at 85%, reflecting steady demand despite economic fluctuations. Rent levels range from IDR 500,000 to 1,200,000 per square meter annually, competitive for the area but pressured by nearby saturation. Accessibility is good via MRT and toll roads, though traffic congestion remains a challenge. Demographic profile features young professionals aged 25-40, with household incomes of IDR 10-25 million monthly, drawn from surrounding urban areas. Leasing advantages include flexible terms for smaller retailers and promotional support, but drawbacks involve seasonal sales dips and competition from e-commerce. Operational quality is average, with modern facilities but occasional maintenance issues in common areas. Risks include market saturation in fashion categories and vulnerability to economic slowdowns affecting discretionary spending. Overall, it offers balanced opportunities for retailers seeking stable foot traffic without premium costs.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Carrefour,Zara,Cinema XXI&quot;,&quot;distance&quot;:10.21,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;180&quot;,&quot;gla_sqm&quot;:&quot;40000&quot;,&quot;anchor_tenants&quot;:&quot;Carrefour,Zara,Cinema XXI&quot;}},{&quot;id&quot;:7280,&quot;slug&quot;:&quot;mall-ciputra-jakarta&quot;,&quot;name&quot;:&quot;Mall Ciputra Jakarta&quot;,&quot;lat&quot;:&quot;-6.1682651&quot;,&quot;lng&quot;:&quot;106.7865499&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Mall Ciputra Jakarta, located in the Grogol Petamburan area of West Jakarta, is an established shopping center developed by the Ciputra Group and opened in 1997. It features a total building area of 110,000 square meters with 75,000 square meters of leasable space across nine levels, accommodating approximately 360 tenants. The tenant mix is family-oriented, comprising 40 percent retail space anchored by Seibu Department Store and Transmart supermarket, 30 percent food and beverage outlets, 20 percent entertainment including cinemas and play areas, and 10 percent services such as banks and clinics. This composition supports a diverse range of shopping, dining, and leisure activities targeted at middle to upper-middle class families in the surrounding residential neighborhoods like Ciputra Residence and Slipi. The mall maintains high occupancy rates of 91 to 95 percent as reported in recent Ciputra Development updates, reflecting strong tenant retention amid Jakarta&#39;s competitive retail landscape. Daily footfall averages 40,000 visitors, driven by its position in a densely populated urban area with proximity to office districts and educational institutions. Accessibility is facilitated by major roads such as Jl. Letjen S. Parman and public transport options including TransJakarta buses, though heavy traffic congestion remains a common challenge in West Jakarta. In the broader market context, Jakarta&#39;s retail sector shows stable occupancy around 70 to 90 percent across submarkets, with limited new supply expected, which bolsters demand for established properties like Mall Ciputra. Leasing opportunities benefit from competitive rent levels estimated at IDR 800,000 to 1,200,000 per square meter per month for prime spaces, flexible lease terms of 3 to 5 years, and marketing support through the mall&#39;s event calendar featuring promotions and family events. However, potential drawbacks include saturation in the F\u0026B category, increasing e-commerce competition impacting non-essential retail, and the need for ongoing infrastructure upgrades to maintain appeal against newer developments. Overall, the mall&#39;s strategic location and balanced tenant mix position it as a reliable option for retailers seeking exposure to affluent local demographics while navigating urban mobility issues.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Matahari Department Store, Hero Supermarket, Gramedia, XXI Cinema&quot;,&quot;distance&quot;:13.77,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;360&quot;,&quot;gla_sqm&quot;:&quot;75000&quot;,&quot;anchor_tenants&quot;:&quot;Matahari Department Store, Hero Supermarket, Gramedia, XXI Cinema&quot;}},{&quot;id&quot;:1525,&quot;slug&quot;:&quot;central-park-mall&quot;,&quot;name&quot;:&quot;Central Park Mall&quot;,&quot;lat&quot;:&quot;-6.1771373&quot;,&quot;lng&quot;:&quot;106.7909788&quot;,&quot;property_type&quot;:null,&quot;description&quot;:&quot;Central Park Mall, situated in West Jakartas Grogol Petamburan district, spans 119,624 square meters across 9 floors within the Podomoro City complex developed by Agung Podomoro Group. Anchored by Transmart hypermarket at 10,000 square meters and Indonesias largest Sogo department store at 22,000 square meters, it hosts a balanced tenant mix of international fashion outlets like Zara, HM, Hugo Boss, Bershka; lifestyle brands such as Marks \u0026 Spencer and Nitori; entertainment including CGV Cinemas (Indonesias second largest with 10 screens and 1,905 seats) and Jakarta Aquarium \u0026 Safari; plus diverse dining and grocery options. Targeting upper-middle-class consumers, the mall draws families, young professionals, and office workers from nearby residences and business districts, supported by annual footfall of approximately 50 million visitors. Accessibility benefits from multiple TransJakarta bus corridors (8, 9, 9A) and over 4,200 parking spaces, though heavy traffic congestion in the area can hinder access. As a prime asset, occupancy likely exceeds 90%, surpassing Jakartas 77.3% average (Q3 2025). Base rent levels average IDR 834,900 per square meter per month, with leasing advantages in high visibility, synergistic mix promoting cross-traffic, and strong sales potential; however, challenges include nearby competition and market saturation in fashion segments.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Unknown&quot;,&quot;distance&quot;:12.74,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;4&quot;,&quot;anchor_tenants&quot;:&quot;Unknown&quot;}},{&quot;id&quot;:4059,&quot;slug&quot;:&quot;supersquare-mall&quot;,&quot;name&quot;:&quot;Supersquare Mall&quot;,&quot;lat&quot;:&quot;-6.2088&quot;,&quot;lng&quot;:&quot;106.8456&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Supersquare Mall is located in the central business district of Jakarta, spanning approximately 150,000 square meters across multiple levels. Opened in the early 2000s, it serves as a mid-tier shopping destination targeting middle-income shoppers in the urban core. The mall features a diverse tenant mix with around 300 stores, including international fashion brands like H\u0026M and Zara, local retailers, and a significant portion dedicated to food and beverage outlets comprising 40% of the space. Supermarket anchors such as Lotte Mart draw regular footfall, while entertainment options like cinemas and arcades enhance visitor dwell time. In the competitive Jakarta retail landscape, Supersquare maintains an occupancy rate of about 85%, slightly below the premium segment&#39;s 90% average as per Colliers International reports for Q3 2025. Rent levels hover around IDR 500,000 to 600,000 per square meter annually, reflecting stable demand amid economic recovery. Accessibility is strong via major roads and proximity to the Sudirman MRT station, though traffic congestion remains a challenge. The surrounding demographic profile includes young professionals and families with average household incomes of IDR 15-25 million monthly, supporting steady consumer spending on apparel and dining. Leasing advantages include flexible terms for smaller retailers and promotional support from mall management, but potential drawbacks involve high competition from nearby giants like Grand Indonesia and Plaza Senayan, which boast higher luxury tenant presence and footfall exceeding 20 million annual visitors. Market saturation in fashion categories poses risks, with some vacancies in non-anchor spaces due to e-commerce shifts. Operational quality is adequate, with modern HVAC systems, but aging escalators in upper levels require maintenance attention. Overall, it offers balanced opportunities for retailers seeking visibility in a high-density area, tempered by urban access issues and category overlaps.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Carrefour, Zara, H\u0026M, Cinema XXI, ACE Hardware&quot;,&quot;distance&quot;:10.47,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;120000&quot;,&quot;anchor_tenants&quot;:&quot;Carrefour, Zara, H\u0026M, Cinema XXI, ACE Hardware&quot;}},{&quot;id&quot;:3479,&quot;slug&quot;:&quot;kuningan-city&quot;,&quot;name&quot;:&quot;Kuningan City&quot;,&quot;lat&quot;:&quot;-6.2247&quot;,&quot;lng&quot;:&quot;106.8292&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Kuningan City is a mixed-use development in South Jakartas Setiabudi district, featuring a six-floor shopping mall with approximately 220 stores and two anchor tenants, integrated with two 58-story residential towers and a 45-story office tower named AXA Tower. Opened in 2012 by developer Agung Podomoro Group, the mall adopts a lifestyle and entertainment concept targeting the needs of nearby business professionals, residents, and visitors in the affluent Kuningan area. The tenant mix emphasizes fashion, electronics, casual dining, and entertainment, highlighted by the largest Don Don Donki outlet in Indonesia, alongside international and local brands such as supermarkets, movie theaters, and F\u0026B outlets comprising about 40% of space. Market position as a mid-tier mall benefits from synergy with office and residential components, drawing steady footfall from corporate workers during lunch hours and weekends from families. Accessibility is strong via Jalan Prof. Dr. Satrio, with proximity to MRT stations and major roads, though traffic congestion poses challenges. Jakarta retail market in 2025 shows average occupancy at 77.3% per Cushman and Wakefield, with premium malls at 90%; Kuningan City likely aligns around 80-85% due to stable demand. Rent levels have risen 0.5% quarter-on-quarter to approximately IDR 800,000-1,200,000 per sqm per month for prime spaces, per JLL reports, offering competitive leasing for mid-range retailers. Advantages include lower competition intensity compared to mega-malls, potential for higher dwell time in less crowded environment, and opportunities in underserved entertainment categories. Drawbacks involve market saturation in South Jakarta, with nearby competitors like Ambassador Mall and ITC Kuningan attracting budget shoppers, potentially diluting footfall estimated at 10,000-15,000 daily. Operational quality is solid with modern infrastructure, but aging aspects since 2012 may require updates; demographic profile skews upper-middle class aged 25-45, with household incomes above IDR 20 million monthly, supporting premium F\u0026B and lifestyle retail but sensitive to economic slowdowns.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Don Don Donki, ACE Hardware, Marks \u0026 Spencer&quot;,&quot;distance&quot;:8.08,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;220&quot;,&quot;gla_sqm&quot;:&quot;60000&quot;,&quot;anchor_tenants&quot;:&quot;Don Don Donki, ACE Hardware, Marks \u0026 Spencer&quot;}},{&quot;id&quot;:1800,&quot;slug&quot;:&quot;green-pramuka-square&quot;,&quot;name&quot;:&quot;Green Pramuka Square&quot;,&quot;lat&quot;:&quot;-6.1839&quot;,&quot;lng&quot;:&quot;106.8672&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Green Pramuka Square, located at Jl. Jend. Ahmad Yani Kav. 49 in Cempaka Putih, Central Jakarta, is a mid-tier retail center with approximately 45,000 sqm GLA, established in 2003. It serves as a community-oriented mall with a balanced tenant mix featuring anchor tenants like Hypermart supermarket, ACE Hardware, and Guardian health store, complemented by over 150 specialty shops in fashion, electronics, and daily needs categories. Dining comprises more than 30 outlets, including local warungs, fast-food chains such as KFC and McDonalds, and casual restaurants. Entertainment options include a multi-screen CGV Cinema and karaoke facilities, attracting families and youth. Positioned in Jakartas competitive retail landscape, the property benefits from proximity to residential areas and major roads, contributing to steady local patronage. Citywide mall occupancy reached 77.3% in Q3 2025 per Cushman and Wakefield, with mid-tier properties like this maintaining 75-80% occupancy amid limited new supply. Rental levels for similar spaces average IDR 550,000 per sqm per month, up 0.5% YoY. Daily footfall averages 6,000 visitors, rising to 12,000 on weekends, driven by affordable entertainment and grocery anchors. Leasing advantages include flexible terms with percentage rents and lower entry costs compared to premium malls. Drawbacks involve traffic congestion on access routes, aging infrastructure needing maintenance, and competition from larger regional centers, potentially capping sales growth in saturated categories like apparel.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Lotte Mart, ACE Hardware, CGV Cinemas, Gramedia, Hypermart, Guardian&quot;,&quot;distance&quot;:14.07,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;25000&quot;,&quot;anchor_tenants&quot;:&quot;Lotte Mart, ACE Hardware, CGV Cinemas, Gramedia, Hypermart, Guardian&quot;}},{&quot;id&quot;:2653,&quot;slug&quot;:&quot;plaza-kuningan&quot;,&quot;name&quot;:&quot;Plaza Kuningan&quot;,&quot;lat&quot;:&quot;-6.216844&quot;,&quot;lng&quot;:&quot;106.831465&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;Plaza Kuningan, situated in Mega Kuningan business district of South Jakarta within the Golden Triangle, functions as a mixed-use property with office towers, residences, and a retail podium offering around 55,800 sqm GLA. It holds a mid-premium market position, benefiting from the areas office density and limited new retail supply in 2025, as per Colliers and JLL reports. The tenant mix features F\u0026B at 35% with outlets like Don Don Donki, fashion/lifestyle at 30% including H\u0026M and Uniqlo, entertainment/services at 20% with cinemas and fitness, and anchors like Ace Hardware at 15%, fostering a lifestyle-entertainment focus for nearby workers. Occupancy rates are stable at 85-90%, surpassing Jakartas 77.3% average in Q3 2025 per Cushman \u0026 Wakefield, driven by 15,000-20,000 daily footfall from professionals. Rent levels range IDR 800,000-1,200,000 per sqm/year, with 3-5 year leases and turnover components for flexibility. Leasing advantages encompass excellent accessibility via Jl. HR Rasuna Said and MRT proximity, affluent demographics, and event-driven marketing. Drawbacks include traffic congestion, e-commerce rivalry, and potential footfall dips from holidays or protests, alongside F\u0026B category saturation.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Minimarket, Restaurant, Bank&quot;,&quot;distance&quot;:8.98,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;5000&quot;,&quot;anchor_tenants&quot;:&quot;Minimarket, Restaurant, Bank&quot;}},{&quot;id&quot;:3481,&quot;slug&quot;:&quot;ramayana-department-store-palmerah&quot;,&quot;name&quot;:&quot;Ramayana Department Store Palmerah&quot;,&quot;lat&quot;:&quot;-6.2088&quot;,&quot;lng&quot;:&quot;106.809&quot;,&quot;property_type&quot;:&quot;Retail&quot;,&quot;description&quot;:&quot;Ramayana Department Store Palmerah is a mid-sized retail property located at Jl. Palmerah Barat No. 2 in central Jakarta, Indonesia, with a gross leasable area of 15,000 square meters across 4 levels. Built in 1985 and owned by PT Ramayana Lestari Sentosa Tbk, it serves as a community-oriented shopping destination in the Palmerah district. The tenant mix includes approximately 50 stores with medium diversity, anchored by the Ramayana Department Store itself, focusing on apparel, groceries, and home goods. Other tenants likely include local and mid-tier brands in fashion, electronics, and dining, though specific names are not publicly detailed in directories. Annual footfall stands at around 1,000,000 visitors, with an average dwell time of 50 minutes, indicating moderate traffic primarily for shopping (40%) and dining (35%). Occupancy is strong at 95% (5% vacancy), reflecting stable demand in a densely populated urban area. Average monthly rent is 800,000 IDR per square meter, with annual sales per square meter at 10,000,000 IDR, which is competitive for central Jakarta but pressured by high e-commerce penetration (77% internet access). Accessibility is a strength, with high proximity to main roads, public transport options like TransJakarta buses, and pedestrian pathways; parking accommodates 200-800 vehicles. The primary catchment area (5 km radius) has 750,000 residents, characterized by a young median age of 29, household size of 3.8, median income of 8,000,000 IDR monthly, and 20% tertiary education rate. Retail spending per capita is 625 USD annually, with allocations to apparel (84 USD), groceries (300 USD), and electronics (69 USD). Market position is solid for everyday retail needs but faces challenges from aging infrastructure (built 1985) and high competitor density in department stores and malls like nearby Plaza Indonesia or Senayan City. Leasing advantages include medium lease term flexibility and promotional events that boost conversion rates (25%), but drawbacks involve medium retail crime risks and calls for improvements in family amenities, diverse dining, and trendy fashion options to attract younger demographics. Overall, it suits mid-market retailers targeting local families, though saturation in Jakarta&#39;s retail sector and e-commerce growth pose risks to performance.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Ramayana Department Store&quot;,&quot;distance&quot;:9.23,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;10000&quot;,&quot;anchor_tenants&quot;:&quot;Ramayana Department Store&quot;}}],&quot;outside&quot;:[{&quot;id&quot;:3477,&quot;slug&quot;:&quot;pantai-indah-kapuk-town-square&quot;,&quot;name&quot;:&quot;Pantai Indah Kapuk Town Square&quot;,&quot;lat&quot;:&quot;-6.10913&quot;,&quot;lng&quot;:&quot;106.74048&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Pantai Indah Kapuk Town Square, located in the affluent Pantai Indah Kapuk area of North Jakarta, is a mid-sized shopping center spanning approximately 50,000 square meters of gross leasable area. Opened in recent years as part of the expanding PIK township development, it positions itself in the middle-upper market segment, targeting local residents and visitors from surrounding neighborhoods. The property benefits from its integration within a master-planned community that includes residential, office, and hospitality elements, enhancing its catchment area of over 500,000 people within a 10-kilometer radius. Tenant mix emphasizes food and beverage outlets, comprising about 40% of space with diverse options from international chains like Starbucks and local eateries, alongside fashion retailers (30%), lifestyle stores, and entertainment facilities such as cinemas and play areas. Occupancy stands at around 85-90%, aligning with premium mall averages in Jakarta, supported by stable demand post-pandemic recovery. Rent levels range from IDR 500,000 to 800,000 per square meter per year, reflecting a 0.5% quarterly increase amid market optimism. Accessibility is facilitated by proximity to toll roads and upcoming infrastructure improvements, though Jakarta&#39;s traffic congestion poses challenges. Leasing advantages include flexible terms for new entrants, promotional support from management, and synergies with adjacent hotels like Swissotel, driving footfall estimated at 1-1.5 million visitors monthly. However, competition from established malls like Mall of Indonesia and emerging e-commerce pressures require strategic positioning in niche categories. Overall, the center offers balanced performance with growth potential in a demographic-rich suburb, but risks include economic volatility and saturation in F\u0026B segments.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Uniqlo, H\u0026M, ACE Hardware, Flix Cinema, Mothercare&quot;,&quot;distance&quot;:21.3,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;30300&quot;,&quot;anchor_tenants&quot;:&quot;Uniqlo, H\u0026M, ACE Hardware, Flix Cinema, Mothercare&quot;}},{&quot;id&quot;:2622,&quot;slug&quot;:&quot;pik-avenue&quot;,&quot;name&quot;:&quot;Pik Avenue&quot;,&quot;lat&quot;:&quot;-6.10913&quot;,&quot;lng&quot;:&quot;106.74048&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;PIK Avenue is a premium lifestyle shopping center situated in the Pantai Indah Kapuk (PIK) district of Jakarta Utara, integrated within a 600-hectare mixed-use development by Agung Sedayu Group. Spanning multiple levels, it combines retail, dining, and entertainment facilities, directly connected to Swissotel and Mercure hotels for improved visitor access. The tenant mix emphasizes middle-upper segment offerings, including international fashion anchors like H\u0026M, Uniqlo, and Adidas; beauty and accessories from Sephora, Pandora, and L&#39;Occitane; diverse F\u0026B options such as Toby&#39;s Estate, 1868 Curry House, and Abura Soba; and family entertainment via Flix Cinema. In Jakarta&#39;s competitive retail landscape, PIK Avenue targets affluent urbanites in the growing PIK area, where residential and office expansions drive demand. As per Colliers Q3 2025 report, premium malls maintain 90% occupancy, with Jakarta-wide rates at 74%; footfall benefits from local demographics but faces dips from urban events. Rent levels for similar properties average IDR 1,000,000-1,500,000 per sqm annually, up 0.5% qoq per JLL Q2 2025. Leasing advantages include flexible unit sizes (50-500 sqm), turnover rent structures (8-12% of sales), and the ASRI Living loyalty app enhancing customer retention. Drawbacks encompass Jakarta&#39;s chronic traffic issues limiting accessibility, competition from e-commerce and nearby malls like Emporium Pluit, and potential infrastructure aging in a rapidly developing zone. Overall, it suits retailers in fashion, lifestyle, and experiential categories seeking exposure to high-income North Jakarta consumers, though market saturation in F\u0026B warrants cautious category selection.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;H\u0026M, Uniqlo, Sephora, Flix Cinema&quot;,&quot;distance&quot;:21.3,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;30300&quot;,&quot;anchor_tenants&quot;:&quot;H\u0026M, Uniqlo, Sephora, Flix Cinema&quot;}},{&quot;id&quot;:3735,&quot;slug&quot;:&quot;pluit-junction&quot;,&quot;name&quot;:&quot;Pluit Junction&quot;,&quot;lat&quot;:&quot;-6.127&quot;,&quot;lng&quot;:&quot;106.792&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Pluit Junction is a compact nine-story shopping center located at Jl. Pluit Selatan Raya in Penjaringan, North Jakarta, opened in 2008 and spanning approximately 25,000 square meters of gross leasable area. It serves as a community-oriented lifestyle hub in a densely populated residential area, with a tenant mix emphasizing food and beverage outlets (about 40% of space), entertainment facilities including a XXI cinema, gaming zones, and fitness centers (30%), alongside fashion and lifestyle stores from local and international brands (30%). The property benefits from its position near major roads, providing accessibility via public transport and private vehicles, though traffic congestion in the Pluit area can pose challenges. In the broader Jakarta retail market, where average occupancy stands at 77% as of late 2023 per industry reports, Pluit Junction maintains around 80% occupancy, supported by steady local footfall of 4,000-6,000 visitors on weekdays and up to 10,000 on weekends, driven by its focus on experiential retail rather than large-scale anchoring. Rent levels range from IDR 700,000 to 1,200,000 per square meter annually, competitive for secondary North Jakarta malls but lower than premium centers like Mall Kelapa Gading. The surrounding demographic includes middle-income families and young professionals with average household incomes of IDR 10-15 million monthly, fostering demand for casual dining and leisure activities. However, the mall faces market saturation in F\u0026B categories and ongoing urban development risks, including a planned transformation into an electric vehicle hub by late 2025, which may alter tenant composition and leasing opportunities. Strengths include lower competition intensity compared to central Jakarta and integration with nearby FaveHotel for extended dwell times, while drawbacks encompass aging infrastructure from the 2000s era and limited draw for high-end retail due to the absence of major department stores. Overall, it positions as a viable option for smaller retailers targeting neighborhood traffic in a growing suburban market, with lease terms typically 3-5 years including turnover rents at 8-10% of sales to mitigate vacancy risks amid e-commerce pressures reducing physical retail visits by 10-15% industry-wide.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;XXI Cinema, Fave Hotel, Koi Cafe, Fitness Centers&quot;,&quot;distance&quot;:18.29,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;18000&quot;,&quot;anchor_tenants&quot;:&quot;XXI Cinema, Fave Hotel, Koi Cafe, Fitness Centers&quot;}},{&quot;id&quot;:3730,&quot;slug&quot;:&quot;itc-cempaka-mas&quot;,&quot;name&quot;:&quot;Itc Cempaka Mas&quot;,&quot;lat&quot;:&quot;-6.163722&quot;,&quot;lng&quot;:&quot;106.877639&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;ITC Cempaka Mas is a major wholesale and retail trade center situated at Jl. Letjen Suprapto No. 586, Cempaka Putih, Central Jakarta, Indonesia. Developed by the ITC Group under Sinarmas Land, it opened in 1991 and features approximately 150,000 square meters of gross leasable area (GLA) across 11 floors, positioning it as one of Southeast Asias largest wholesale shopping destinations. The property benefits from its location at a bustling intersection connecting key arterial roads like Jl. Pramuka and Jl. Ahmad Yani, facilitating access via TransJakarta buses, MRT nearby, and private vehicles, though heavy traffic is a common issue. Tenant mix emphasizes wholesale and budget retail, with over 3,000 stalls and shops specializing in textiles, garments, electronics, footwear, accessories, and household items; anchor tenants include HAPIMART hypermarket on lower ground floor, various food courts, and entertainment options like cinemas. Market position: It caters to small traders, wholesalers, and cost-conscious consumers in Jakartas dense urban core, where Central Jakarta hosts over 1 million residents with high population density exceeding 15,000 per sq km. Leasing advantages encompass affordable rent levels for mid-tier spaces at IDR 400,000 to 600,000 per sqm per month, aligning with Jakartas average retail rents of IDR 550,000 per sqm per month as reported by Colliers in 2025; high footfall of 15,000 to 25,000 daily visitors, driven by wholesale trade and regional draw, supports robust turnover for suitable tenants. Occupancy remains stable at 75-85%, outperforming the citywide average of 74-79% in Q3 2025 per Cushman and Wakefield, due to fragmented tenancy model resilient to economic fluctuations. Drawbacks include competition from modern neighbors like Green Pramuka Square (2 km away, with superior amenities and 80% occupancy) and Transmart Cempaka Putih (1 km, focusing on groceries), which attract similar demographics with better parking and cleanliness. Aging infrastructure from the 1990s may require maintenance, potentially increasing operational costs, while market saturation in wholesale categories fosters price wars and thin margins. Demographic profile features lower to middle-income groups (household incomes IDR 5-15 million monthly), aged 20-50, including small business owners and families from surrounding kampungs, offering volume sales potential but limited upscale opportunities. Overall, it suits retailers targeting high-volume, low-price segments amid Jakartas recovering retail sector post-pandemic.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;HAPIMART (formerly Carrefour)&quot;,&quot;distance&quot;:16.58,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;6000&quot;,&quot;gla_sqm&quot;:&quot;65646&quot;,&quot;anchor_tenants&quot;:&quot;HAPIMART (formerly Carrefour)&quot;}},{&quot;id&quot;:5317,&quot;slug&quot;:&quot;muara-baru-modern-fish-market&quot;,&quot;name&quot;:&quot;Muara Baru Modern Fish Market&quot;,&quot;lat&quot;:&quot;-6.1186551&quot;,&quot;lng&quot;:&quot;106.8033512&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;The Muara Baru Modern Fish Market in Penjaringan, North Jakarta, opened in 2019 as Indonesias inaugural modern fish market under government initiative to modernize seafood trading. This 3-storey facility covers 2 hectares and includes 894 wet kiosks for fresh seafood like fish, shrimp, crabs, and shellfish, plus 155 dry kiosks for processed items. An upstairs food court enables a buy-and-cook model, where purchases are prepared on-site. It handles 400 tons of daily fishery products valued at Rp8-10 billion, sourced from regions including Lampung, Banten, and Java. Tenant mix centers on seafood vendors, wholesalers, and food operators, with minimal non-fishery retail. Leasing targets vendors via kiosk rentals, providing access to high-volume trade in a hygienic setting. North Jakartas demographics feature working-class and fishing communities with strong seafood reliance, driving consistent footfall estimated at thousands daily from locals and tourists. Accessibility benefits from port proximity and parking for 500 vehicles, though traffic congestion poses challenges. Occupancy rates remain above 90% due to demand, with rents regulated at approximately Rp15-25 million per year per kiosk, lower than typical malls. Strengths include affordability and freshness boosting sales, while drawbacks encompass category specificity limiting diversification and competition from traditional markets.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Seafood Vendors&quot;,&quot;distance&quot;:19.21,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;1049&quot;,&quot;gla_sqm&quot;:&quot;15000&quot;,&quot;anchor_tenants&quot;:&quot;Seafood Vendors&quot;}},{&quot;id&quot;:1444,&quot;slug&quot;:&quot;aeon-mall-jakarta-garden-city&quot;,&quot;name&quot;:&quot;Aeon Mall Jakarta Garden City&quot;,&quot;lat&quot;:&quot;-6.1721&quot;,&quot;lng&quot;:&quot;106.9519&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;AEON Mall Jakarta Garden City is situated in Cakung, East Jakarta, within the Jakarta Garden City residential development. Opened in September 2017 as AEON Groups second Indonesian mall, it covers 165,000 square meters of total floor area, with about 63,000 square meters leasable across five levels and 227 tenants. The tenant mix focuses on family entertainment via the \&quot;Smile of Life\&quot; concept, including anchor stores AEON Department Store and Supermarket, fashion and beauty retailers, electronics and home goods outlets, extensive F\u0026B options with a food court and restaurants, and attractions like an ice skating rink, ferris wheel, childrens play zones, and cinema. In the suburban East Jakarta market, it caters to expanding middle-income residential communities amid population growth. Leasing benefits encompass high occupancy rates of 85-90 percent in 2025 for quality malls, stable rents averaging Rp 600,000 to 800,000 per square meter yearly with 1-2 percent projected increase, and consistent local footfall from integrated township access. Drawbacks involve car dependency due to limited public transit, potential traffic congestion on access roads, and competition from nearby centers like Grand Metropolitan Mall, alongside e-commerce pressures on traditional retail categories. Overall, it offers balanced performance in a saturated yet stable Jakarta retail landscape with low new supply.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;AEON Department Store, CGV Cinemas, Fanpekka, Best Denki&quot;,&quot;distance&quot;:21.39,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;227&quot;,&quot;gla_sqm&quot;:&quot;135000&quot;,&quot;anchor_tenants&quot;:&quot;AEON Department Store, CGV Cinemas, Fanpekka, Best Denki&quot;}},{&quot;id&quot;:4424,&quot;slug&quot;:&quot;mal-artha-gading-1&quot;,&quot;name&quot;:&quot;Mal Artha Gading&quot;,&quot;lat&quot;:&quot;-6.145576&quot;,&quot;lng&quot;:&quot;106.892242&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Mal Artha Gading is a mid-tier shopping center in Kelapa Gading, North Jakarta, spanning 270,000 square meters with approximately 100,000 square meters of net lettable area. Opened in 2004, it features a unique architectural design inspired by the Silk Road, incorporating seven themed atriums representing Nusantara, China, India, Persia, Italy, Paris, and Millennium. The tenant mix includes over 400 outlets across diverse categories such as fashion (Matahari, Uniqlo, Giordano), electronics (Electronic City), beauty, F\u0026B, supermarket, entertainment (Cinema XXI, bowling, futsal), education, and toys, catering to everyday needs and family-oriented shopping. In the competitive North Jakarta retail market, it holds a moderate position with annual footfall of 12 million visitors and a 2.5-hour average dwell time, supported by 2,000 parking spaces and good public transit access via major roads and buses. The primary catchment area within 5 km encompasses 1.2 million residents, primarily middle-income households with median monthly income of IDR 12.5 million and average age of 30, including families and young professionals. Leasing advantages include flexible terms and average rents of IDR 500,000 per square meter monthly, which are competitive for mid-tier spaces amid Jakarta&#39;s overall retail stabilization at around 74-81% occupancy. However, challenges include aging infrastructure requiring potential maintenance and high competition from nearby premium malls like Summarecon Mall Kelapa Gading (91% occupancy) and Mall of Indonesia, alongside e-commerce pressures with 74% internet penetration in the area.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Sogo, ACE Hardware, CGV Cinemas&quot;,&quot;distance&quot;:19.15,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;330&quot;,&quot;gla_sqm&quot;:&quot;100000&quot;,&quot;anchor_tenants&quot;:&quot;Sogo, ACE Hardware, CGV Cinemas&quot;}},{&quot;id&quot;:4757,&quot;slug&quot;:&quot;mall-ofi&quot;,&quot;name&quot;:&quot;Mall @Ofi&quot;,&quot;lat&quot;:&quot;-6.1511&quot;,&quot;lng&quot;:&quot;106.8922&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Mall @Ofi in North Jakarta Kelapa Gading district along Jl. Raya Boulevard Barat opened in 2008 under Agung Sedayu Group ownership spans 120000 sqm GLA across 5 levels with over 250 tenants. Tenant mix comprises 30 percent fashion including H and M Adidas Uniqlo 40 percent food and beverage such as Carrefour A and W local eateries and 20 percent entertainment like Flix Cinema Moiland Fun World. Anchors bolster 12 million annual footfall 95 percent occupancy exceeding Jakarta average of 73.8 to 77.3 percent. Primary 5 km catchment serves 100000 residents median age 30 household size 3.8 30 percent tertiary education median income IDR 15 to 20 million monthly targeting middle to upper middle families young professionals expatriates. Secondary 10 km area reaches 2.5 million. Accessibility via 1 km MRT proximity main roads but peak congestion challenges persist. Market position strong in premium North Jakarta retail amid saturation strengths in family lifestyle categories loyalty program 50 annual events but drawbacks include aging infrastructure e commerce pressures 40 percent click and collect adoption. Leasing advantages feature 3 to 5 year terms rent free periods co tenancy clauses 5000 to 6000 sqm available space base rents IDR 350000 to 450000 per sqm monthly plus 10 to 15 percent turnover IDR 50000 service charge 0.5 percent projected growth.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Carrefour,Uniqlo,Flix Cinema&quot;,&quot;distance&quot;:18.63,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;120000&quot;,&quot;anchor_tenants&quot;:&quot;Carrefour,Uniqlo,Flix Cinema&quot;}},{&quot;id&quot;:1446,&quot;slug&quot;:&quot;mal-kelapa-gading&quot;,&quot;name&quot;:&quot;Mal Kelapa Gading&quot;,&quot;lat&quot;:&quot;-6.157284&quot;,&quot;lng&quot;:&quot;106.908447&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Mal Kelapa Gading, situated in the Kelapa Gading district of North Jakarta, Indonesia, is a major shopping and entertainment destination managed by Summarecon Agung. The property encompasses a gross floor area of 208,000 square meters and a net leasable area of 133,000 square meters, accommodating over 550 tenants. The tenant mix is diverse, featuring international and local brands in fashion (e.g., Uniqlo, Zara), food and beverage outlets comprising approximately 45 percent of space, electronics, supermarkets like Lotte Mart, and entertainment options including cinemas and family zones. As of mid-2025, occupancy stands at 92 percent, outperforming the Jakarta average of 74-77 percent, underscoring its market leadership in the North Jakarta submarket. Annual footfall reached 32 million visitors in 2024, with 15.7 million in the first half of 2025, supported by events and proximity to affluent residential townships. Leasing advantages include stable high traffic for sales generation and average rents of Rp 344,000 per square meter per month, appealing for retailers targeting middle to upper-income consumers. However, challenges arise from intense local competition and Jakarta-wide e-commerce pressures, alongside occasional access disruptions due to urban traffic and infrastructure projects.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Sogo Department Store, Transmart, Cinema XXI, Timezone&quot;,&quot;distance&quot;:19.13,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;350&quot;,&quot;gla_sqm&quot;:&quot;130000&quot;,&quot;anchor_tenants&quot;:&quot;Sogo Department Store, Transmart, Cinema XXI, Timezone&quot;}},{&quot;id&quot;:2605,&quot;slug&quot;:&quot;lippo-mall-east-side&quot;,&quot;name&quot;:&quot;Lippo Mall East Side&quot;,&quot;lat&quot;:&quot;-6.159&quot;,&quot;lng&quot;:&quot;106.87&quot;,&quot;property_type&quot;:null,&quot;description&quot;:&quot;Lippo Mall East Side, situated in Cempaka Putih, Central Jakarta, at Jl. Jenderal Achmad Yani near the Coca-Cola intersection, serves as a strategic retail hub at the borders of Central, East, and North Jakarta. Developed by Lippo Karawaci Tbk within the Holland Village mixed-use complex, it opened in 2024 with 44,000 sqm total area, including 40,000 sqm retail space. The broader development spans 322,585 sqm gross floor area, incorporating two apartment towers exceeding 516 units, an office tower with over 172 units, and a 14-floor Siloam Hospital. Parking facilities cover 16,000 sqm accommodating 2,400 vehicles. The tenant mix focuses on family-oriented offerings, featuring hypermarkets, department stores, entertainment zones, and extensive food and beverage options to attract diverse shoppers. Market position leverages an underserved locale with no existing malls in Cempaka Putih, drawing from a broad catchment of urban middle-class residents. Leasing advantages encompass competitive rental structures in a recovering market, where Jakarta mall rents increased 0.5% quarter-on-quarter in Q2 2025, averaging IDR 1,000-1,500 per sqm monthly for prime spaces. Portfolio-wide occupancy for Lippo Malls reached 84.1% in mid-2025, though city-wide figures stood at 77.3% in Q3 2025, reflecting cautious expansion. Accessibility benefits from major arterial roads and proximity to toll gates, yet Jakarta traffic poses operational risks. Footfall potential mirrors similar properties at 5-10 million annual visitors, supported by integrated residential and office synergies, but new developments face initial ramp-up challenges amid e-commerce pressures and economic fluctuations.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;200&quot;,&quot;distance&quot;:16.63,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;45000&quot;,&quot;anchor_tenants&quot;:&quot;200&quot;}},{&quot;id&quot;:5312,&quot;slug&quot;:&quot;mega-grosir-pantai-indah-kapuk&quot;,&quot;name&quot;:&quot;Mega Grosir Pantai Indah Kapuk&quot;,&quot;lat&quot;:&quot;-6.1091303&quot;,&quot;lng&quot;:&quot;106.7399855&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Mega Grosir Pantai Indah Kapuk functions as a wholesale retail hub in the premium Pantai Indah Kapuk district of North Jakarta, covering roughly 25,000 square meters with over 150 vendor stalls and shops. It specializes in bulk sales of clothing, accessories, home goods, and electronics, attracting small business owners and resellers from greater Jakarta. The tenant mix comprises 70% local wholesalers, 20% branded outlets, and 10% food and beverage vendors, creating a vibrant but utilitarian atmosphere distinct from upscale neighbors like PIK Avenue. Positioned within the expanding PIK township, it leverages proximity to affluent residential areas, contributing to steady wholesale demand amid Jakarta retail recovery. Leasing opportunities feature competitive rents of IDR 200,000 to 350,000 per square meter annually, lower than central district averages, with flexible short-term options suitable for seasonal traders. Occupancy hovers at 80-85%, aligned with North Jakarta trends per JLL reports, supported by post-pandemic footfall rebound to 5,000-8,000 daily visitors. Accessibility benefits from direct toll road links, though traffic congestion and coastal flooding risks during monsoons present operational challenges. Demographic draw includes middle-income households (IDR 12-25 million monthly earnings) from PIK and Pluit, fostering reliable traffic but exposing to e-commerce competition and category weaknesses in high-end fashion. Overall, it offers cost-effective entry for budget retailers while navigating market saturation in traditional grosir formats.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Market Hall, Supermarkets&quot;,&quot;distance&quot;:21.32,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;3062&quot;,&quot;anchor_tenants&quot;:&quot;Market Hall, Supermarkets&quot;}},{&quot;id&quot;:5226,&quot;slug&quot;:&quot;la-piazza-mall&quot;,&quot;name&quot;:&quot;La Piazza Mall&quot;,&quot;lat&quot;:&quot;-6.1592374&quot;,&quot;lng&quot;:&quot;106.9071621&quot;,&quot;property_type&quot;:&quot;Entertainment&quot;,&quot;description&quot;:&quot;La Piazza is an open-air lifestyle center located in Sentra Kelapa Gading, North Jakarta, at Jl. Boulevard Raya Blok M, integrated with Summarecon Mall Kelapa Gading complex. Covering 20,000 square meters of built space and 150,000 square meters gross leasable area across three levels, it accommodates over 60 tenants primarily in food and beverage, entertainment, and leisure sectors. Established in 2004 and renovated in 2023, anchor tenants include Celebrity Fitness, La Piazza XXI cinema, and various international dining outlets. The tenant mix prioritizes casual dining, cafes, bars, karaoke facilities, and fitness centers, differentiating from the adjacent enclosed malls focus on fashion and general retail. Positioned in the affluent Kelapa Gading district, it draws from upper-middle-income demographics with household incomes ranging IDR 20-50 million monthly. Occupancy rate is 93 percent, with 5,000 square meters available for lease. Annual footfall reaches 10 million visitors, supported by weekend events and proximity to residential towers. Rent levels average IDR 800,000 per square meter monthly, with base rents at IDR 1,000,000 per square meter annually plus turnover provisions. Leasing advantages encompass flexible unit sizes for F\u0026B operators, high spillover traffic from neighboring high-traffic malls, and strong accessibility via public transport. Challenges include competition from enclosed retail venues and e-commerce growth, alongside weather vulnerabilities in open areas and traffic congestion during peak hours.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Celebrity Fitness, La Piazza XXI, Wall Street Institute, Surfer Girl&quot;,&quot;distance&quot;:18.87,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;600&quot;,&quot;gla_sqm&quot;:&quot;15000&quot;,&quot;anchor_tenants&quot;:&quot;Celebrity Fitness, La Piazza XXI, Wall Street Institute, Surfer Girl&quot;}},{&quot;id&quot;:2607,&quot;slug&quot;:&quot;k-mall-at-menara-jakarta&quot;,&quot;name&quot;:&quot;K Mall At Menara Jakarta&quot;,&quot;lat&quot;:&quot;-6.1604&quot;,&quot;lng&quot;:&quot;106.8473&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;K Mall at Menara Jakarta is a newly opened retail destination located in the Kemayoran district of North Jakarta, at Jl. H. Benyamin Sueb No.10, Gunung Sahari Selatan. Developed by Agung Sedayu Group as part of the integrated Menara Jakarta complex, which includes residential, office, and hotel components, the mall spans approximately 50,000 square meters of gross leasable area, focusing on lifestyle, dining, and entertainment offerings. Positioned in a growing sub-market of Jakarta, Kemayoran benefits from proximity to the central business district and Tanjung Priok port, with improving infrastructure like the Jakarta Inner Ring Road enhancing accessibility. The tenant mix emphasizes mid-to-upper market brands, including international fashion retailers such as Uniqlo and H\u0026M, local F\u0026B outlets like Starbucks and local eateries, and entertainment anchors like a cinema multiplex. Supermarket occupancy is led by a hypermarket tenant, supporting daily needs. As a new entrant in Jakarta&#39;s retail landscape, where total mall stock stands at 4.9 million sqm with average occupancy at 77.3% in Q3 2025 per Cushman \u0026 Wakefield, K Mall targets young professionals and families from surrounding middle-class neighborhoods. Leasing advantages include flexible terms for new tenants, with base rents estimated at IDR 500,000-800,000 per sqm per year, lower than premium malls like Grand Indonesia (IDR 1,000,000+), and incentives like rent-free periods of 3-6 months. However, challenges arise from market saturation in Greater Jakarta, with 73.8% overall occupancy in Q1 2025 per Colliers, and competition from established centers like Mall Artha Gading (5 km away) drawing similar demographics. Footfall is projected to reach 10,000-15,000 daily visitors initially, bolstered by the complex&#39;s 2,000+ residential units, but external factors like traffic congestion and seasonal events could impact performance. Operational quality is high with modern facilities, including EV charging and green spaces, though aging infrastructure is not an issue given its recent construction. Risks include economic slowdowns affecting discretionary spending, as Jakarta&#39;s retail demand grows modestly at 4-5% annually through 2028 per market forecasts.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;&quot;,&quot;distance&quot;:15.47,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;227&quot;,&quot;gla_sqm&quot;:&quot;33800&quot;,&quot;anchor_tenants&quot;:&quot;&quot;}},{&quot;id&quot;:1768,&quot;slug&quot;:&quot;baywalk-mall&quot;,&quot;name&quot;:&quot;Baywalk Mall&quot;,&quot;lat&quot;:&quot;-6.1079134&quot;,&quot;lng&quot;:&quot;106.7796191&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Baywalk Mall is situated in Pluit, North Jakarta, as part of the Green Bay Pluit integrated development that includes residential towers and recreational areas. Opened in November 2013, the property covers approximately 50,000 square meters of net leasable area and features over 200 tenants catering to a mid-range market segment. The tenant mix emphasizes family leisure, with about 40% dedicated to food and beverage outlets including seafood restaurants and cafes with sea views, 30% to fashion and lifestyle stores such as Giordano and Uniqlo, 20% to entertainment like Funworld arcade and CGV Cinema, and the remainder to services including Gramedia bookstore and Hero Supermarket. Its standout waterfront location along Jakarta Bay offers an outdoor promenade and a 3-hectare botanical garden, promoting extended visitor dwell times and differentiating it from inland malls. In the Jakarta retail landscape, where average occupancy held steady at 74.7% in 2024 per Colliers reports, Baywalk serves a catchment of upper-middle-income residents in North Jakarta, with household incomes averaging IDR 15-25 million monthly and a focus on families. Leasing advantages include competitive base rents of IDR 600,000 to 900,000 per square meter per month for similar mid-grade properties, plus potential for percentage rents tied to sales performance, supported by stable footfall from nearby residences estimated at 100,000-150,000 weekly visitors. Accessibility via the JORR toll road is favorable for drivers, though limited MRT connectivity poses challenges for non-motorized traffic. Operational aspects feature modern amenities but note potential maintenance needs for the 12-year-old infrastructure. Market factors highlight strengths in lifestyle retail amid e-commerce pressures, yet risks from category saturation in F\u0026B and competition from larger centers could impact tenant viability.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Transmart, CGV Cinemas, Uniqlo, H\u0026M&quot;,&quot;distance&quot;:20.52,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;49962&quot;,&quot;anchor_tenants&quot;:&quot;Transmart, CGV Cinemas, Uniqlo, H\u0026M&quot;}},{&quot;id&quot;:1781,&quot;slug&quot;:&quot;itc-mangga-dua&quot;,&quot;name&quot;:&quot;Itc Mangga Dua&quot;,&quot;lat&quot;:&quot;-6.127874&quot;,&quot;lng&quot;:&quot;106.826687&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;ITC Mangga Dua is a strata-titled trade center located at Jl. Mangga Dua Raya, North Jakarta, spanning approximately 120,000 square meters of gross leasable area across multiple floors. Opened in 1993 by PT Duta Pertiwi Tbk, it operates under a strata title model where individual units are owned and leased by tenants, fostering a vibrant wholesale and retail environment. The mall positions itself in the community and budget segment, attracting price-sensitive shoppers in a densely populated urban area. Tenant mix emphasizes small to medium-sized vendors offering fashion, textiles, accessories, footwear, beauty products, optical goods, and some electronics, with over 1,000 stores including local brands and a few international F\u0026B outlets. Market position reflects Jakartas retail landscape, where strata malls like ITC maintain steady performance amid economic recovery, with overall city occupancy at 77.3% in Q3 2025 per Cushman and Wakefield. Leasing advantages include flexible strata ownership options, lower entry barriers compared to premium malls, and high bargaining culture that drives sales volume. However, challenges include traffic congestion in North Jakarta, competition from nearby Mangga Dua Square and WTC Mangga Dua, and potential aging infrastructure requiring maintenance. Footfall benefits from proximity to Chinatown and Ancol Dreamland, peaking on weekends with estimated 50,000-70,000 daily visitors during peak seasons, though weekday traffic varies. Rent levels for subleases hover around Rp 500,000-700,000 per sqm per month, below the city average of Rp 808,500. Accessibility via TransJakarta buses, MRT nearby, and ample parking supports operational quality, but saturation in budget retail categories poses risks to sustained performance.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Various fashion and textile stores, local brands&quot;,&quot;distance&quot;:18.41,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;5000&quot;,&quot;gla_sqm&quot;:&quot;60000&quot;,&quot;anchor_tenants&quot;:&quot;Various fashion and textile stores, local brands&quot;}},{&quot;id&quot;:1447,&quot;slug&quot;:&quot;mall-of-indonesia&quot;,&quot;name&quot;:&quot;Mall Of Indonesia&quot;,&quot;lat&quot;:&quot;-6.1511&quot;,&quot;lng&quot;:&quot;106.8922&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;The Mall of Indonesia (MOI) is a premium shopping center located in the affluent Kelapa Gading district of North Jakarta, along Jl. Raya Boulevard Barat, opened in 2008 by Agung Sedayu Group. Spanning 120,000 sqm of gross leasable area across 5 levels, it houses over 250 tenants, including anchors like Carrefour hypermarket, Uniqlo department store, and Flix Cinema. Tenant mix emphasizes family-oriented retail with 30% fashion (H\u0026M, Adidas, Aldo), 40% food and beverage (A\u0026W, Food Park, local eateries), and 20% entertainment (Moiland, Fun World, Cow Play Cow Moo amusement center). Operational quality is supported by the ASRI Living loyalty program, which offers rewards, e-vouchers, and promotions to 30% of visitors, alongside 50 annual events boosting engagement. Accessibility includes proximity to MRT (1 km) and bus routes, with 3,000 car and 8,000 motorcycle parking spaces, though peak-hour congestion on Boulevard Barat poses challenges. Market position in North Jakarta&#39;s retail scene is strong, with annual footfall of 12 million visitors (average dwell time 2.5 hours, 25% conversion rate), benefiting from a 5 km catchment of over 100,000 residents and secondary 10 km area of 2.5 million people. Occupancy stands at 95% (5% vacancy), reflecting premium segment stability amid Jakarta&#39;s overall 73.8-77.3% average. Leasing advantages include 3-5 year terms with base rents of IDR 350,000-450,000 per sqm monthly (average IDR 500,000), plus 10-15% turnover rent and IDR 50,000 service charges; incentives like rent-free periods for prime spaces and co-tenancy clauses support new entrants. However, drawbacks include market saturation with 5 nearby competitors (Kelapa Gading Mall, La Piazza, Artha Gading), e-commerce pressures (40% click-and-collect adoption), and aging infrastructure requiring maintenance, potentially impacting operational costs. Retail sales average IDR 15 million per sqm annually, with per capita spending of IDR 5 million yearly (apparel IDR 1.2M, groceries IDR 2.5M). Contextual factors like 1.5% population growth and 75% internet penetration influence performance, favoring experiential categories over pure retail.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Carrefour, Uniqlo, Flix Cinema&quot;,&quot;distance&quot;:18.63,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;350&quot;,&quot;gla_sqm&quot;:&quot;73000&quot;,&quot;anchor_tenants&quot;:&quot;Carrefour, Uniqlo, Flix Cinema&quot;}},{&quot;id&quot;:5311,&quot;slug&quot;:&quot;summarecon-mall-kelapa-gading-1&quot;,&quot;name&quot;:&quot;Summarecon Mall Kelapa Gading&quot;,&quot;lat&quot;:&quot;-6.1574441&quot;,&quot;lng&quot;:&quot;106.9084598&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Summarecon Mall Kelapa Gading is a major retail complex in North Jakarta, Indonesia, with a total area of approximately 208,000 square meters and gross leasable area of 133,000 square meters. Opened in phases since 1991, it serves as a key shopping and entertainment destination in the Kelapa Gading business district, integrated within the Summarecon township. The mall features a diverse tenant mix including fashion retailers like Tommy Hilfiger, Adidas, and ALDO; department stores such as Sogo; food and beverage outlets like A\u0026W, Chatime, and J.co Donuts; entertainment options including Fun World; and health and beauty services. With around 550 tenants, it caters to middle to upper-middle class families and professionals. Market position as a leader in Greater Jakarta benefits from strong occupancy at 91 percent in 2024, supported by annual footfall of 32 million visitors, up from 28 million in 2023. Leasing advantages include stable base rents at Rp 325,000 per square meter per month and turnover rents at Rp 111,000, reflecting robust sales performance in a market where premium malls maintain high occupancy near 90 percent amid overall Jakarta retail rates of 74 to 80 percent. Accessibility via Boulevard Barat Raya provides good connectivity to residential areas, though traffic congestion in North Jakarta poses challenges. The tenant mix emphasizes family-oriented retail, with strong F\u0026B and lifestyle categories driving performance, but faces risks from market saturation and competition from nearby centers like La Piazza and Mall of Indonesia.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta&quot;},&quot;anchor_tenants&quot;:&quot;Sogo, Metro Department Store, Ace Hardware, Carrefour&quot;,&quot;distance&quot;:19.12,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;550&quot;,&quot;gla_sqm&quot;:&quot;150000&quot;,&quot;anchor_tenants&quot;:&quot;Sogo, Metro Department Store, Ace Hardware, Carrefour&quot;}}]}" data-map-update-url-value="/malls/cilandak-town-square" id="mall-map-wrapper"><div data-city="Jakarta" data-current-mall="true" data-id="cilandak-town-square" data-lat="-6.291338" data-lng="106.799993" data-map-target="mall" data-name="Cilandak Town Square" 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">15 km</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">800,000 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">12,000,000 IDR per month</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">5.2</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">105 Index (Jakarta=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">5,200,000 IDR per year</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">1,040,000 IDR per year</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">1,560,000 IDR per year</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">780,000 IDR per 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">4,500,000 Visitors</div><div class="stat-label">Annual foot traffic</div></div><div class="stat-card"><div class="stat-value">120 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 per 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">120 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">26,165 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">750,000 IDR per year</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">4.5</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">Adjacent Distance</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">Good Access</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">1,200 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">35.0</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">78.0</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">2.1 Incidents per 1,000 visitors</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">Weekly Frequency</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">45.0</div><div class="stat-label">Loyalty program penetration</div></div><div class="stat-card"><div class="stat-value">Full 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">None planned Plans</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>