<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="-6.178" data-lng="106.902" data-map-catchment-data-value="{&quot;lat&quot;:&quot;-6.178&quot;,&quot;lng&quot;:&quot;106.902&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:500000}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;5 km Radius&quot;,&quot;description&quot;:&quot;Estimated primary trade area radius for GAFOY within Mall Kelapa Gading&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;10 km Radius&quot;,&quot;description&quot;:&quot;Estimated secondary trade area extending to surrounding North Jakarta areas&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;500,000 People&quot;,&quot;description&quot;:&quot;Estimated population in primary and secondary catchment, based on Kelapa Gading density and North Jakarta totals&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;1.5&quot;,&quot;description&quot;:&quot;Annual growth rate for Jakarta urban areas, applied to catchment&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;30 Years&quot;,&quot;description&quot;:&quot;Median age in urban Jakarta, reflecting young to middle-aged demographic&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;3.5 People&quot;,&quot;description&quot;:&quot;Average household size in urban Indonesian households&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;25.0&quot;,&quot;description&quot;:&quot;Percentage of population with tertiary education in North Jakarta urban areas&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;35,000,000 IDR/Month&quot;,&quot;description&quot;:&quot;Estimated median household income for middle-class Kelapa Gading residents&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;4.85&quot;,&quot;description&quot;:&quot;National unemployment rate for Indonesia in 2025, applicable to Jakarta&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;55 Index (US=100)&quot;,&quot;description&quot;:&quot;Cost of living index for Jakarta, indicating moderately high costs&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;1,200 USD/Year&quot;,&quot;description&quot;:&quot;Estimated annual retail spending per capita in urban Indonesia&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;82.65 USD/Person&quot;,&quot;description&quot;:&quot;Annual per capita spending on apparel in Indonesia for 2025&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;500,000 IDR/Month&quot;,&quot;description&quot;:&quot;Average monthly per capita grocery spending in urban households&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;150 USD/Person&quot;,&quot;description&quot;:&quot;Estimated annual per capita spending on electronics in Indonesia&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;5,000,000 Visitors&quot;,&quot;description&quot;:&quot;Estimated annual visitors for GAFOY lifestyle area, subset of MKG&#39;s total&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;2.5 Hours&quot;,&quot;description&quot;:&quot;Average dwell time for shoppers in lifestyle malls&quot;},{&quot;label&quot;:&quot;Conversion rate&quot;,&quot;value&quot;:&quot;25.0&quot;,&quot;description&quot;:&quot;Estimated percentage of visitors making purchases&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;10,000,000 IDR/Year&quot;,&quot;description&quot;:&quot;Estimated annual sales per square meter in Jakarta malls&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;50 Stores&quot;,&quot;description&quot;:&quot;Approximate number of tenants in GAFOY area&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes&quot;,&quot;description&quot;:&quot;Presence of anchor tenants like major brands in MKG&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;High&quot;,&quot;description&quot;:&quot;High density of lifestyle and retail competitors in North Jakarta&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;High&quot;,&quot;description&quot;:&quot;Diverse mix including fashion, food, and workshops&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;Workshops and Markets&quot;,&quot;description&quot;:&quot;Unique events like Sunday markets and tufting workshops&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;8,500 sqm&quot;,&quot;description&quot;:&quot;Estimated GLA for GAFOY as a sub-area of MKG&#39;s 112,000 sqm&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;1 Levels&quot;,&quot;description&quot;:&quot;Primarily ground level open-air lifestyle space&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;834,900 IDR/sqm/month&quot;,&quot;description&quot;:&quot;Average base rent for Jakarta malls in Q3 2025&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;19.5&quot;,&quot;description&quot;:&quot;Estimated vacancy based on Jakarta mall occupancy of 80.5%&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;Medium&quot;,&quot;description&quot;:&quot;Standard 3-5 year leases with some flexibility for pop-ups&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;1,000 sqm&quot;,&quot;description&quot;:&quot;Estimated available space in GAFOY&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;Direct&quot;,&quot;description&quot;:&quot;Direct access to Boulevard Raya Kelapa Gading&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;High&quot;,&quot;description&quot;:&quot;MRT and bus access nearby in Kelapa Gading&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;2,000 Spaces&quot;,&quot;description&quot;:&quot;Shared with MKG, estimated total parking&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;High&quot;,&quot;description&quot;:&quot;High pedestrian flow from mall integration&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;High&quot;,&quot;description&quot;:&quot;Strong competition from platforms like Shopee and Tokopedia&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;Moderate&quot;,&quot;description&quot;:&quot;Growing adoption in Indonesian malls&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;77.0&quot;,&quot;description&quot;:&quot;Internet penetration rate in Indonesia 2025&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;Low&quot;,&quot;description&quot;:&quot;Low crime in secured mall environments&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;CCTV and Guards&quot;,&quot;description&quot;:&quot;Standard mall security with CCTV and personnel&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;Weekly&quot;,&quot;description&quot;:&quot;Regular events like Sunday markets and workshops&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;40.0&quot;,&quot;description&quot;:&quot;Estimated penetration via MKG loyalty programs&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Yes&quot;,&quot;description&quot;:&quot;Digital signage integrated in mall areas&quot;}],&quot;Growth Potential&quot;:[{&quot;label&quot;:&quot;Projected foot traffic growth&quot;,&quot;value&quot;:&quot;5.0&quot;,&quot;description&quot;:&quot;Projected growth aligned with Indonesia retail CAGR&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;Ongoing&quot;,&quot;description&quot;:&quot;Continuous addition of new stores and concepts&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;Integrated&quot;,&quot;description&quot;:&quot;Part of broader MKG expansion and revitalization&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[{&quot;id&quot;:4053,&quot;slug&quot;:&quot;summarecon-mall-kelapa-gading&quot;,&quot;name&quot;:&quot;Summarecon Mall 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;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 Utara&quot;},&quot;anchor_tenants&quot;:&quot;Matahari, Transmart, Ace Hardware&quot;,&quot;distance&quot;:2.41,&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;Matahari, Transmart, Ace Hardware&quot;}},{&quot;id&quot;:1775,&quot;slug&quot;:&quot;mal-artha-gading&quot;,&quot;name&quot;:&quot;Mal Artha Gading&quot;,&quot;lat&quot;:&quot;-6.145576&quot;,&quot;lng&quot;:&quot;106.892239&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 Utara&quot;},&quot;anchor_tenants&quot;:&quot;Cinema XXI, ACE Hardware, Informa, Diamond Supermarket, Matahari Department Store&quot;,&quot;distance&quot;:3.76,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;330&quot;,&quot;gla_sqm&quot;:&quot;250000&quot;,&quot;anchor_tenants&quot;:&quot;Cinema XXI, ACE Hardware, Informa, Diamond Supermarket, Matahari Department Store&quot;}},{&quot;id&quot;:1776,&quot;slug&quot;:&quot;la-piazza&quot;,&quot;name&quot;:&quot;La Piazza&quot;,&quot;lat&quot;:&quot;-6.1585&quot;,&quot;lng&quot;:&quot;106.9082&quot;,&quot;property_type&quot;:&quot;Entertainment&quot;,&quot;description&quot;:&quot;La Piazza is a lifestyle center located in Sentra Kelapa Gading, North Jakarta, spanning 2 hectares of land with 20,000 square meters of built space. Opened in 2004 and renovated before reopening in May 2023, it integrates directly with Summarecon Mall Kelapa Gading, forming part of a larger commercial hub that includes Mall Kelapa Gading 1, 2, 3, and 5, as well as Gading Food City. The property emphasizes an open-air, semi-covered design focused on dining and entertainment, hosting over 60 tenants primarily in food and beverage categories, including restaurants, cafes, bars, lounges, karaoke facilities, a cinema, fitness center, and an international school. This tenant mix caters to casual leisure and social gatherings, complementing the adjacent malls retail offerings. In the context of Jakarta&#39;s retail market, where overall occupancy rates hovered around 74% in 2023 per Colliers reports, La Piazza benefits from its position in the affluent Kelapa Gading district, known for upper-middle-class families and young professionals. Footfall is driven by weekend events, music performances, and proximity to residential areas, with accessibility enhanced by LRT lines, TransJakarta bus routes, and ride-hailing services. Leasing advantages include flexible spaces for F\u0026B operators, lower entry barriers compared to enclosed malls, and synergy with high-traffic neighbors boosting spillover visitors. However, challenges include seasonal weather impacts on open areas and competition from nearby enclosed malls like Mall of Indonesia. Rent levels in similar North Jakarta lifestyle centers range from IDR 800,000 to 1,500,000 per square meter annually, influenced by location and tenant type, with operational quality maintained through recent upgrades. The areas demographic profile supports steady demand for experiential retail, though market saturation in F\u0026B requires strong differentiation.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta Utara&quot;},&quot;anchor_tenants&quot;:&quot;Celebrity Fitness, La Piazza XXI, Wall Street Institute, Surfer Girl, various restaurants and bars&quot;,&quot;distance&quot;:2.27,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;600&quot;,&quot;gla_sqm&quot;:&quot;20000&quot;,&quot;anchor_tenants&quot;:&quot;Celebrity Fitness, La Piazza XXI, Wall Street Institute, Surfer Girl, various restaurants and bars&quot;}}],&quot;secondary&quot;:[{&quot;id&quot;:4910,&quot;slug&quot;:&quot;pluit-village-mall&quot;,&quot;name&quot;:&quot;Pluit Village Mall&quot;,&quot;lat&quot;:&quot;-6.126335&quot;,&quot;lng&quot;:&quot;106.791283&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Pluit Village Mall, located at Jl. Pluit Indah Raya in Jakarta Utara, is a community-oriented shopping center established in 1996 with a gross floor area of approximately 86,691 square meters across multiple levels. Managed by Lippo Malls Indonesia Retail Trust, it serves as a key retail destination in the Pluit area, targeting local middle-income families and residents from surrounding neighborhoods. The tenant mix emphasizes everyday needs, with about 40% allocated to food and beverage outlets and groceries, anchored by Hypermart supermarket. Fashion, entertainment, and lifestyle stores occupy the remaining space, including brands like Matahari Department Store, various F\u0026B chains, and family entertainment options such as cinemas and play areas. Occupancy rates hover around 70-75%, aligning with Jakarta&#39;s overall retail market average of 74.7% in 2024, reflecting stable but competitive demand. Footfall is driven by local accessibility rather than tourism, benefiting from proximity to residential complexes in North Jakarta. Leasing advantages include flexible terms for small-to-medium retailers, with rent levels estimated at Rp 600,000-800,000 per sqm per month, below prime CBD rates of Rp 808,500. The mall&#39;s market position is solid in the suburban segment, supported by ongoing renovations to maintain appeal amid regional saturation. However, challenges include heavy traffic congestion affecting accessibility and competition from newer developments like Emporium Pluit Mall and PIK Avenue, which draw younger demographics with modern amenities. Operational quality is adequate, with standard parking and public transport links, though aging infrastructure requires periodic updates to sustain tenant retention and visitor satisfaction. Overall, it offers balanced opportunities for retailers focused on community-based sales in a densely populated urban fringe area.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta Utara&quot;},&quot;anchor_tenants&quot;:&quot;Matahari, Carrefour, Best Denki, Muji, Timezone&quot;,&quot;distance&quot;:13.52,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;180&quot;,&quot;gla_sqm&quot;:&quot;17138&quot;,&quot;anchor_tenants&quot;:&quot;Matahari, Carrefour, Best Denki, Muji, Timezone&quot;}},{&quot;id&quot;:1445,&quot;slug&quot;:&quot;emporium-pluit-mall&quot;,&quot;name&quot;:&quot;Emporium Pluit Mall&quot;,&quot;lat&quot;:&quot;-6.127589&quot;,&quot;lng&quot;:&quot;106.790735&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Emporium Pluit Mall is a mid-sized shopping center in North Jakarta, Indonesia, spanning 61,243 square meters of gross leasable area across five retail floors and two basement levels, with three dedicated parking floors accommodating over 1,000 vehicles. Opened in January 2009 and developed by PT Pluit Propertindo, a subsidiary of Agung Podomoro Land, it forms part of a 10-hectare CBD Pluit superblock that integrates residential condominiums, offices, and a hotel, enhancing its role as a lifestyle hub. The tenant mix includes 250 stores, anchored by Sogo department store and a hypermarket (formerly Carrefour, now operating under similar formats), alongside Gramedia bookstore, XXI Cinema with multiple screens, Ace Hardware, and international F\u0026B outlets like Starbucks, J.CO, BreadTalk, Haidilao, and recent additions such as Foot Locker in 2025. Market position reflects a stable mid-tier retail asset in the growing North Jakarta submarket, where occupancy rates hover around 80-85 percent based on broader Jakarta retail reports from Cushman \u0026 Wakefield, supported by consistent footfall from local residents estimated at 5,000-7,000 daily visitors during weekdays, rising to 10,000-15,000 on weekends per industry benchmarks for similar properties. Rent levels range from IDR 800,000 to 1,500,000 per square meter annually for prime spaces, competitive within secondary malls but lower than premium centers like Grand Indonesia. Accessibility is strong via TransJakarta bus corridors 9 and 12 at Penjaringan halte, proximity to Jakarta Kota Station (about 5 km), and direct links to major roads like Jl. Pluit Selatan Raya, though heavy traffic congestion in the area poses challenges. Demographic profile targets middle-income families and young professionals, with the surrounding Pluit-Penjaringan area home to approximately 250,000 residents, median household income around IDR 10-15 million monthly, and a population density favoring convenience-driven shopping. Leasing advantages include flexible terms for mid-sized retailers, promotional support within the superblock ecosystem, and opportunities in expanding F\u0026B and lifestyle categories amid North Jakarta&#39;s urbanization. Drawbacks encompass competition from larger malls like Mall of Indonesia (15 km away) and e-commerce pressures reducing non-essential retail traffic, alongside potential infrastructure aging after 16 years of operation requiring ongoing maintenance investments. Overall, it offers balanced performance for tenants seeking localized exposure without premium costs.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta Utara&quot;},&quot;anchor_tenants&quot;:&quot;Carrefour,Sogo, Grammedia, XXI Cinema, Ace Hardware&quot;,&quot;distance&quot;:13.52,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;61243&quot;,&quot;anchor_tenants&quot;:&quot;Carrefour,Sogo, Grammedia, XXI Cinema, Ace Hardware&quot;}}],&quot;outside&quot;:[{&quot;id&quot;:2636,&quot;slug&quot;:&quot;pik-avenue-1&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 Utara&quot;},&quot;anchor_tenants&quot;:&quot;H\u0026M,Uniqlo,Sephora,Union,FLIX Cinema&quot;,&quot;distance&quot;:19.43,&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,Union,FLIX Cinema&quot;}}]}" data-map-update-url-value="/malls/gafoy" id="mall-map-wrapper"><div data-city="Jakarta Utara" data-current-mall="true" data-id="gafoy" data-lat="-6.178" data-lng="106.902" data-map-target="mall" data-name="Gafoy" 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 Radius</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">10 km Radius</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">500,000 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">35,000,000 IDR/Month</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">4.85</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">55 Index (US=100)</div><div class="stat-label">Cost of living index</div></div></div></div><div class="stats-category"><h5>Consumer Spending</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">1,200 USD/Year</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">82.65 USD/Person</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">500,000 IDR/Month</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">150 USD/Person</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">5,000,000 Visitors</div><div class="stat-label">Annual foot traffic</div></div><div class="stat-card"><div class="stat-value">2.5 Hours</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">10,000,000 IDR/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">50 Stores</div><div class="stat-label">Number of retail stores</div></div><div class="stat-card"><div class="stat-value">Yes</div><div class="stat-label">Anchor tenant presence</div></div><div class="stat-card"><div class="stat-value">High</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">High</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">8,500 sqm</div><div class="stat-label">Gross Leasable Area</div></div><div class="stat-card"><div class="stat-value">1 Levels</div><div class="stat-label">Number of Levels</div></div><div class="stat-card"><div class="stat-value">834,900 IDR/sqm/month</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">19.5</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">Direct</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">High</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">2,000 Spaces</div><div class="stat-label">Parking spaces</div></div><div class="stat-card"><div class="stat-value">High</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</div><div class="stat-label">E-commerce competition</div></div><div class="stat-card"><div class="stat-value">Moderate</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">77.0</div><div class="stat-label">Internet penetration</div></div></div></div><div class="stats-category"><h5>Safety &amp; Security</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Low</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">CCTV and Guards</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</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">40.0</div><div class="stat-label">Loyalty program penetration</div></div><div class="stat-card"><div class="stat-value">Yes</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</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">Integrated</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>