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Grand Galaxy Park in Bekasi, Indonesia, opened in 2013 as a suburban mall with 21,685 square meters of gross leasable area within a mixed-use development featuring residential units. It positions as a family-friendly retail hub in the expanding southeast Jakarta suburb, serving a 5 km catchment of 800,000 residents and broader 20 km area over 2.5 million.
Tenant mix includes 91 stores: anchors like H&M and Uniqlo in fashion, extensive F&B with Genki Sushi, Starbucks, and local spots like Soto Betawi, electronics from Samsung and OPPO, beauty via Watsons and The Body Shop, and entertainment through Flix Cinema and Kidzoona. Occupancy holds at 80-85%, footfall at 125,000 monthly (about 4,000 daily), with sales per square meter of 15 million IDR monthly.
Rent levels 400,000-600,000 IDR per square meter per month plus 8-12% turnover.
Leasing advantages encompass flexible fit-outs, integrated residential proximity for loyalty, and moderate costs suitable for mid-tier retailers, though e-commerce and nearby competition pose risks to performance.
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Hours of Operation
Hours
| Monday | 10:00 AM — 10:00 PM |
| Tuesday | 10:00 AM — 10:00 PM |
| Wednesday | 10:00 AM — 10:00 PM |
| Thursday | 10:00 AM — 10:00 PM |
| Friday | 10:00 AM — 10:00 PM |
| Saturday | 10:00 AM — 10:00 PM |
| Sunday | 10:00 AM — 10:00 PM |
Hours may vary on public holidays. Check with individual stores for specific holiday schedules.
Insights
Demographics and Catchment
Bekasis population surpasses 2.6 million, with Grand Galaxy Park drawing from 800,000 in a 5 km radius, mainly young middle-class families and professionals. Median age is 30, household size 4.1, average monthly income 12 million IDR, and annual consumer spending totals 4.5 million IDR, including 900,000 IDR on food and beverages, 1.8 million IDR on apparel, and 450,000 IDR on electronics. This demographic drives consistent demand for everyday essentials and family entertainment but constrains luxury category growth due to income levels.
Competition and Market Risks
The mall encounters competition from larger venues like Summarecon Bekasi (80,000 sqm, higher footfall) and Metropolitan Mall, contributing to saturation in fashion and F&B segments. E-commerce expansion erodes physical retail sales, while economic factors such as inflation and 5.5% unemployment rate pressure discretionary spending. Bekasi retail sales grow 5-6% annually, yet mid-tier properties like this may achieve only 4%, with risks from market overcrowding (6 malls per 100 sq km) impacting tenant viability.
Operational Quality and Accessibility
Accessibility relies on toll roads connecting to Jakarta, though fees may deter some commuters. Built in 2013, infrastructure shows moderate aging offset by recent upgrades, ensuring reliable operations with green elements and event spaces boosting footfall 20-30%. Average dwell time is 90 minutes, occupancy 80-85%, but smaller scale yields moderate 125,000 monthly visitors, limiting scale advantages versus urban malls and exposing to suburban traffic fluctuations.
Building Details
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City Snapshot
Bekasi
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Bekasi
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