<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="-6.1585" data-lng="106.9082" data-map-catchment-data-value="{&quot;lat&quot;:&quot;-6.1585&quot;,&quot;lng&quot;:&quot;106.9082&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;500,000 People&quot;,&quot;description&quot;:&quot;Estimated population within a 5-km radius, affluent North Jakarta area&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;2,000,000 People&quot;,&quot;description&quot;:&quot;Estimated population within a 10-20 km radius, including Greater Jakarta&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;500,000 People&quot;,&quot;description&quot;:&quot;Primary catchment population indicating core customer base&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;1.2&quot;,&quot;description&quot;:&quot;Annual growth rate for Jakarta metropolitan area&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;30 Years&quot;,&quot;description&quot;:&quot;Median age of population in North Jakarta&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;3.6 Persons&quot;,&quot;description&quot;:&quot;Average household size in urban Jakarta&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;35.0&quot;,&quot;description&quot;:&quot;Percentage of population with tertiary education in Jakarta&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;15,000,000 IDR/month&quot;,&quot;description&quot;:&quot;Estimated median monthly household income in Kelapa Gading area&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;7.05&quot;,&quot;description&quot;:&quot;Unemployment rate in North Jakarta, 2023&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;40 Index&quot;,&quot;description&quot;:&quot;Numbeo cost of living index for Jakarta relative to New York (100)&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;2,760 USD/year&quot;,&quot;description&quot;:&quot;Estimated annual retail consumer spending per capita in Indonesia&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;80 USD/year&quot;,&quot;description&quot;:&quot;Annual per capita spending on apparel in Indonesia&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;1,000 USD/year&quot;,&quot;description&quot;:&quot;Estimated annual per capita spending on groceries in urban areas&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;200 USD/year&quot;,&quot;description&quot;:&quot;Estimated annual per capita spending on electronics&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;10,000,000 Visitors&quot;,&quot;description&quot;:&quot;Estimated annual visitors for a large Jakarta mall like Summarecon&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;2 Hours&quot;,&quot;description&quot;:&quot;Average time visitors spend in the mall&quot;},{&quot;label&quot;:&quot;Conversion rate&quot;,&quot;value&quot;:&quot;20.0&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;10,000,000 IDR/sqm/year&quot;,&quot;description&quot;:&quot;Estimated annual sales per square meter in premium Jakarta malls&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;600 Stores&quot;,&quot;description&quot;:&quot;Total number of stores in Summarecon Mall Kelapa Gading including La Piazza&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes&quot;,&quot;description&quot;:&quot;Presence of 4 major anchor tenants like department stores&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;5 Malls/km²&quot;,&quot;description&quot;:&quot;Density of competing malls in North Jakarta area&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;High&quot;,&quot;description&quot;:&quot;Diverse mix including fashion, food, entertainment&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;Yes&quot;,&quot;description&quot;:&quot;Unique dining and lifestyle concepts in La Piazza area&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;20,000 sqm&quot;,&quot;description&quot;:&quot;Total GLA for Summarecon Mall Kelapa Gading&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;3 Levels&quot;,&quot;description&quot;:&quot;Number of floors in the main mall structure&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;800,000 IDR/sqm/month&quot;,&quot;description&quot;:&quot;Average monthly rent in upper-grade Jakarta malls&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;7.0&quot;,&quot;description&quot;:&quot;Estimated vacancy based on 93% occupancy&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;3-5 years Years&quot;,&quot;description&quot;:&quot;Standard lease terms with some flexibility for premium tenants&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;5,000 sqm&quot;,&quot;description&quot;:&quot;Estimated available space in the mall&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 major roads like Jl. Boulevard Barat&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;High&quot;,&quot;description&quot;:&quot;Access via LRT station and buses&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;2,000 Spaces&quot;,&quot;description&quot;:&quot;Estimated parking capacity for the mall&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;High&quot;,&quot;description&quot;:&quot;Strong pedestrian access in urban setting&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;Significant competition from platforms like Shopee and Tokopedia&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;20.0&quot;,&quot;description&quot;:&quot;Adoption rate of click-and-collect services in 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, 2023&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 reported retail crime in secure malls&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;CCTV and guards&quot;,&quot;description&quot;:&quot;Comprehensive security with CCTV, patrols, and measures&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;Many&quot;,&quot;description&quot;:&quot;Frequent events and promotions throughout the year&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;30.0&quot;,&quot;description&quot;:&quot;Estimated penetration of mall loyalty programs&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Yes&quot;,&quot;description&quot;:&quot;Presence of digital signage for advertising&quot;}],&quot;Growth Potential&quot;:[{&quot;label&quot;:&quot;Projected foot traffic growth&quot;,&quot;value&quot;:&quot;5.0&quot;,&quot;description&quot;:&quot;Projected annual growth in foot traffic post-recovery&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;Yes&quot;,&quot;description&quot;:&quot;Ongoing addition of new tenants&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;Recent additions&quot;,&quot;description&quot;:&quot;Recent expansion with Gafoy in 2024&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;:0.14,&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;:2.28,&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;:4056,&quot;slug&quot;:&quot;gafoy&quot;,&quot;name&quot;:&quot;Gafoy&quot;,&quot;lat&quot;:&quot;-6.178&quot;,&quot;lng&quot;:&quot;106.902&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;GAFOY is a 8,500 square meter semi-outdoor lifestyle and culinary hub integrated into the Summarecon Mall Kelapa Gading complex in Kelapa Gading, North Jakarta. Launched in March 2024, it hosts 22 tenants, predominantly food and beverage outlets including Osteria Gia, Fujin Ramen, and Mamitoko, emphasizing experiential dining and hangout spaces for families and young adults. The parent Summarecon Mall Kelapa Gading spans 150,000 square meters gross floor area with 112,000 square meters lettable, achieving 96% occupancy as reported in 2024 company data, and positions as a market leader among Greater Jakarta family malls. Tenant mix across the complex balances retail anchors, entertainment like cinemas, and diverse dining, catering to upper-middle-class demographics in the affluent township. Average rents hover at Rp 340,000 per square meter per month, aligning with middle-upper segment benchmarks in Jakarta&#39;s recovering retail market, where overall occupancy averages 90% per Colliers Q3 2025 report. Leasing advantages include high footfall from the established mall&#39;s draw, estimated in the millions annually, and enhanced connectivity via a July 2025 pedestrian bridge to the LRT Boulevard Utara Summarecon Mall station, boosting public transit access. Operational quality benefits from Summarecon Agung&#39;s management expertise, with pet-friendly features adding appeal. Challenges encompass intense competition from nearby venues like Mall of Indonesia, traffic congestion limiting drive-in traffic, and category saturation in F\u0026B, which may pressure non-unique retailers amid economic sensitivities.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jakarta Utara&quot;},&quot;anchor_tenants&quot;:&quot;Osteria Gia, The RR Chocolate, Artirasa, Chanba, Fujin Izakaya&quot;,&quot;distance&quot;:2.27,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;8500&quot;,&quot;anchor_tenants&quot;:&quot;Osteria Gia, The RR Chocolate, Artirasa, Chanba, Fujin Izakaya&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;:13.41,&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;:13.43,&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;:19.34,&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/la-piazza" id="mall-map-wrapper"><div data-city="Jakarta Utara" data-current-mall="true" data-id="la-piazza" data-lat="-6.1585" data-lng="106.9082" data-map-target="mall" data-name="La Piazza" 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">500,000 People</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">2,000,000 People</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">1.2</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">15,000,000 IDR/month</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">7.05</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">40 Index</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">2,760 USD/year</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">80 USD/year</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">1,000 USD/year</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">200 USD/year</div><div class="stat-label">Spending on electronics</div></div></div></div><div class="stats-category"><h5>Mall Traffic &amp; Performance</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">10,000,000 Visitors</div><div class="stat-label">Annual foot traffic</div></div><div class="stat-card"><div class="stat-value">2 Hours</div><div class="stat-label">Dwell time</div></div><div class="stat-card"><div class="stat-value">20.0</div><div class="stat-label">Conversion rate</div></div><div class="stat-card"><div class="stat-value">10,000,000 IDR/sqm/year</div><div class="stat-label">Sales per square meter</div></div></div></div><div class="stats-category"><h5>Competition &amp; Tenant Mix</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">600 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">5 Malls/km²</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">20,000 sqm</div><div class="stat-label">Gross Leasable Area</div></div><div class="stat-card"><div class="stat-value">3 Levels</div><div class="stat-label">Number of Levels</div></div><div class="stat-card"><div class="stat-value">800,000 IDR/sqm/month</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">7.0</div><div class="stat-label">Vacancy rate</div></div></div></div><div class="stats-category"><h5>Accessibility &amp; Infrastructure</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Direct</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">20.0</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">Many</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">30.0</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">Yes</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">Recent additions</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>