<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="-6.221679" data-lng="106.6541314" data-map-catchment-data-value="{&quot;lat&quot;:&quot;-6.221679&quot;,&quot;lng&quot;:&quot;106.6541314&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;10 km&quot;,&quot;description&quot;:&quot;Radius of primary customer base around the mall in Alam Sutera township&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;30 km&quot;,&quot;description&quot;:&quot;Radius of secondary customer base including Serpong and surrounding areas&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;500,000 People&quot;,&quot;description&quot;:&quot;Estimated population within primary and secondary catchment, based on Tangerang urban growth and township density&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;2.5&quot;,&quot;description&quot;:&quot;Annual growth rate for Tangerang area, driven by urbanization near Jakarta&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;30.4 Years&quot;,&quot;description&quot;:&quot;Median age in Tangerang, reflecting young urban professionals and families&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;3.9 People&quot;,&quot;description&quot;:&quot;Average household size in urban Indonesia, applicable to middle-class families in Alam Sutera&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 Tangerang urban areas&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;Estimated median income for middle to upper-middle class in Alam Sutera&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;4.5&quot;,&quot;description&quot;:&quot;Unemployment rate in Banten province, lower than national average due to industrial growth&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;35 Index (NY=100)&quot;,&quot;description&quot;:&quot;Cost of living index for Tangerang, indicating affordability compared to global standards&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;10,000,000 IDR per year&quot;,&quot;description&quot;:&quot;Annual retail spending per person in the catchment area&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;2,500,000 IDR per year&quot;,&quot;description&quot;:&quot;Annual spending on clothing and fashion per capita&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;4,000,000 IDR per year&quot;,&quot;description&quot;:&quot;Estimated annual grocery spending per capita, based on urban Indonesian consumption patterns&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;1,500,000 IDR per year&quot;,&quot;description&quot;:&quot;Estimated annual electronics spending per capita, reflecting growing digital adoption&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;6,000,000 Visitors&quot;,&quot;description&quot;:&quot;Total annual visitors to the mall&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;90 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;50,000,000 IDR per year&quot;,&quot;description&quot;:&quot;Annual sales revenue per square meter of retail space&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;200 Stores&quot;,&quot;description&quot;:&quot;Approximate number of retail outlets in the mall&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Major anchors include Aeon supermarket and Cinema XXI&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;Medium Density&quot;,&quot;description&quot;:&quot;Moderate density of similar malls in Tangerang area like Living World&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;High Diversity&quot;,&quot;description&quot;:&quot;Mix of retail, F\u0026B, entertainment, and services&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Features like Fun World and Gold&#39;s Gym for unique attractions&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;79,681 sqm&quot;,&quot;description&quot;:&quot;Total leasable retail space in the mall&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;4 Levels&quot;,&quot;description&quot;:&quot;Number of shopping floors&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;500,000 IDR per month&quot;,&quot;description&quot;:&quot;Estimated average rental rate for retail space&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;10.0&quot;,&quot;description&quot;:&quot;Current vacancy rate in the mall&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;Medium Flexibility&quot;,&quot;description&quot;:&quot;Standard leases with some negotiation for terms&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;5,000 Square meters&quot;,&quot;description&quot;:&quot;Estimated available space for new tenants&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;Direct Access&quot;,&quot;description&quot;:&quot;Direct access to Jakarta-Merak toll road&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;Limited Access&quot;,&quot;description&quot;:&quot;Available via buses and ride-sharing, but car-dependent&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;2,000 Spaces&quot;,&quot;description&quot;:&quot;Approximate number of parking spots available&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;High Traffic&quot;,&quot;description&quot;:&quot;High within the integrated Alam Sutera township&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;High Competition&quot;,&quot;description&quot;:&quot;Strong competition from online platforms like Shopee and Tokopedia&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;Medium Adoption&quot;,&quot;description&quot;:&quot;Growing use of click-and-collect services in stores&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;70.0&quot;,&quot;description&quot;:&quot;Internet usage rate in urban Tangerang area&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;Low Rate&quot;,&quot;description&quot;:&quot;Low incidence of retail crime in the area&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;Comprehensive Measures&quot;,&quot;description&quot;:&quot;CCTV, guards, and secure parking facilities&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;Frequent Events&quot;,&quot;description&quot;:&quot;Regular promotions and seasonal events&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;Medium Penetration&quot;,&quot;description&quot;:&quot;Adoption of mall loyalty programs among shoppers&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Digital displays for advertising throughout the mall&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 annual increase in visitors&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;Ongoing Pipeline&quot;,&quot;description&quot;:&quot;Continuous addition of new brands and concepts&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;Phase expansions Plans&quot;,&quot;description&quot;:&quot;Ongoing phases including integration with Alam Sutera developments&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[{&quot;id&quot;:1461,&quot;slug&quot;:&quot;summarecon-mall-serpong&quot;,&quot;name&quot;:&quot;Summarecon Mall Serpong&quot;,&quot;lat&quot;:&quot;-6.2344&quot;,&quot;lng&quot;:&quot;106.6281&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Summarecon Mall Serpong, opened in 2007 and expanded in 2011, covers approximately 115,000 square meters across two phases in the Gading Serpong area of Kelapa Dua, Tangerang. It functions as a family-oriented shopping center targeting middle-class residents in the Summarecon Serpong township and surrounding Serpong municipality. The tenant mix includes over 350 stores, featuring international brands such as Uniqlo, H\u0026M, Apple iBox, Lego, Samsung, Gramedia bookstore, The Body Shop, and Star Department Store, alongside local fashion boutiques, electronics outlets, home appliances, jewelry, and specialty shops for all family members. Dining options span food courts, restaurants, and casual eateries, with entertainment including cinemas and event spaces. Occupancy rates stand at 85-90% based on 2023-2024 reports, reflecting stable demand amid Indonesia&#39;s retail recovery. Footfall is high, particularly on weekends, driven by the mall&#39;s role in transforming local lifestyles since its inception. Accessibility is strong via nearby toll roads like Jakarta-Merak and public transport including Transjakarta buses. Leasing advantages include a proven loyalty program via mobile app for customer retention, regular events like festivals and promotions to boost traffic, and strategic placement in a growing residential area with consistent middle-income demographics. However, potential challenges involve competition from nearby malls and the need for ongoing infrastructure maintenance given its 18-year age. Market factors in Tangerang show robust growth in retail due to suburban expansion, though saturation in family-oriented segments poses risks to performance.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Tangerang&quot;},&quot;anchor_tenants&quot;:&quot;Metro Department Store, Ace Hardware, CGV Cinemas, Erafone&quot;,&quot;distance&quot;:3.21,&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;Metro Department Store, Ace Hardware, CGV Cinemas, Erafone&quot;}},{&quot;id&quot;:4913,&quot;slug&quot;:&quot;jakarta-premium-outlets&quot;,&quot;name&quot;:&quot;Jakarta Premium Outlets&quot;,&quot;lat&quot;:&quot;-6.2356&quot;,&quot;lng&quot;:&quot;106.6547&quot;,&quot;property_type&quot;:&quot;Outlet&quot;,&quot;description&quot;:&quot;Jakarta Premium Outlets, located in Alam Sutera Township, Tangerang, opened in March 2025 as the first premium outlet center in Indonesia, developed by Simon Property Group. Spanning over 302,000 square feet, it features more than 150 stores offering discounted luxury and premium brands, including Coach, Michael Kors, Versace, Lacoste, Nike, Adidas, and local options. The tenant mix emphasizes fashion, accessories, and lifestyle brands with up to 65% off retail prices, attracting middle to upper-middle income shoppers from Greater Jakarta&#39;s 12 million residents and Tangerang&#39;s over 2 million population. Accessibility is strong via major toll roads like Jakarta-Merak, though traffic congestion in the area poses challenges. Market position as an outlet differentiates it from traditional malls, capitalizing on value-driven shopping trends amid Indonesia&#39;s growing retail sector, where premium spaces see occupancy rates nearing 90% by late 2025. Leasing advantages include competitive base rents around IDR 500,000-800,000 per sqm annually plus 8-10% turnover rents, with high initial leasing at 92%. However, as a new entrant, it faces risks from established competitors like Alam Sutera Living World and broader market saturation in Greater Jakarta, where average occupancy hovers at 70-80%. Operational quality benefits from modern infrastructure, but footfall buildup may take time, influenced by economic recovery and e-commerce competition. Overall, it offers potential for retailers targeting discount luxury sales in a high-growth suburb.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Tangerang&quot;},&quot;anchor_tenants&quot;:&quot;Nike,Coach,Adidas Originals,Kate Spade&quot;,&quot;distance&quot;:1.55,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;28000&quot;,&quot;anchor_tenants&quot;:&quot;Nike,Coach,Adidas Originals,Kate Spade&quot;}},{&quot;id&quot;:3350,&quot;slug&quot;:&quot;transmart-karawaci&quot;,&quot;name&quot;:&quot;Transmart Karawaci&quot;,&quot;lat&quot;:&quot;-6.2003572&quot;,&quot;lng&quot;:&quot;106.6166048&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Transmart Karawaci serves as a hypermarket-anchored retail center in the Nusa Jaya neighborhood of Karawaci, Tangerang City, Banten, Indonesia, integrated into the Lippo Karawaci township developed since 1993. This multi-level facility, operated by Trans Retail Indonesia under CT Corp, combines a large Transmart hypermarket with department stores, furniture outlets, and specialty shops catering to daily essentials, apparel, and home goods. The tenant mix emphasizes convenience retail, with dining options spanning local Indonesian cuisine and international fast-food chains, complemented by entertainment features like KidCity playgrounds for families. Positioned in a suburban hub 20 km west of central Jakarta, it targets the local population of 193,480 in Karawaci district as of 2023, drawing middle-income shoppers seeking affordable one-stop shopping. Leasing advantages include proximity to residential clusters, universities such as Universitas Pelita Harapan, and office parks, fostering steady footfall estimated at 5,000-8,000 daily visitors based on similar Transmart locations. Rent levels align with Tangerang averages of IDR 300,000 to 500,000 per square meter annually for ground-floor spaces, per Colliers Indonesia reports. Occupancy hovers around 85-90 percent, supported by the anchor tenant&#39;s draw. Market position benefits from the township&#39;s self-contained ecosystem, but faces challenges from e-commerce growth and regional economic pressures impacting non-essential retail. Infrastructure remains functional post-rebranding from Carrefour, though some areas show signs of moderate wear. Overall, it offers practical leasing for budget-conscious retailers in groceries and services, with risks tied to competition from upscale neighbors.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Tangerang&quot;},&quot;anchor_tenants&quot;:&quot;Transmart, Restaurants, KidCity Entertainment&quot;,&quot;distance&quot;:4.78,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;20000&quot;,&quot;anchor_tenants&quot;:&quot;Transmart, Restaurants, KidCity Entertainment&quot;}}],&quot;secondary&quot;:[{&quot;id&quot;:2646,&quot;slug&quot;:&quot;summarecon-mall-karawaci&quot;,&quot;name&quot;:&quot;Summarecon Mall Karawaci&quot;,&quot;lat&quot;:&quot;-6.225278&quot;,&quot;lng&quot;:&quot;106.595278&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Summarecon Mall Karawaci, located in the Lippo Karawaci township in Tangerang, Banten, is a mid-sized retail center developed by PT Summarecon Agung Tbk, spanning approximately 80,000 square meters of gross leasable area. It positions itself as a community-oriented mall serving the suburban market, with a tenant mix comprising 40% fashion and accessories from brands like H\u0026M and local labels, 25% food and beverage outlets including international chains such as Starbucks and local eateries, 20% entertainment and leisure including cinemas and arcades, and anchors like a hypermarket and department store. Occupancy rates hover around 85% as reported in recent Colliers International market analyses, supported by steady footfall from the surrounding residential enclaves. Rent levels are competitive at IDR 400,000 to 600,000 per square meter annually, appealing to mid-tier retailers seeking stable suburban exposure. Accessibility is facilitated by proximity to the Jakarta-Merak toll road and local bus routes, though congestion during rush hours remains a concern. The demographic profile features upper-middle-class families and professionals, with average household incomes exceeding IDR 20 million monthly, driving demand for family-focused categories. Market strengths include a diverse dining scene and modern infrastructure, enhancing dwell time averaging 90 minutes per visit. Drawbacks encompass intense competition from nearby Supermal Karawaci and AEON Mall BSD City, potential saturation in apparel segments, and vulnerability to e-commerce shifts impacting physical retail. Overall, the mall offers practical leasing opportunities in Tangerangs growing retail landscape, with operational quality maintained through regular upgrades but challenged by parking limitations during peaks.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Tangerang&quot;},&quot;anchor_tenants&quot;:&quot;Carrefour, ACE Hardware, Gramedia, XXI Cinema, Eiger&quot;,&quot;distance&quot;:6.52,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;300&quot;,&quot;gla_sqm&quot;:&quot;65000&quot;,&quot;anchor_tenants&quot;:&quot;Carrefour, ACE Hardware, Gramedia, XXI Cinema, Eiger&quot;}},{&quot;id&quot;:1463,&quot;slug&quot;:&quot;supermal-karawaci&quot;,&quot;name&quot;:&quot;Supermal Karawaci&quot;,&quot;lat&quot;:&quot;-6.22682&quot;,&quot;lng&quot;:&quot;106.60719&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Supermal Karawaci, located on Jl. Boulevard Diponegoro No.105 in Tangerang, Banten, Indonesia, is a prominent retail destination within the Lippo Karawaci integrated township, opened in 1997 with a gross leasable area of 187,000 square meters across four levels. It serves as a lifestyle hub for middle-income families and young professionals in the western Jakarta suburbs, drawing from a primary catchment of 500,000 residents within 5 km and secondary up to 25 km, where the population exceeds 2.5 million with a median age of 26-30 years, household income around IDR 10 million monthly, and retail spending per capita at IDR 5 million annually. The tenant mix is diverse, featuring anchors like Hypermart, Carrefour, Matahari Department Store, and international brands such as Zara and H\u0026M, alongside over 350 specialty shops in fashion, electronics, F\u0026B (including global chains), and leisure options like XXI cinemas and bowling alleys. This composition supports family-oriented retail with strong performance in apparel, groceries, and entertainment categories. Market position is solid, holding 20-25% share in Tangerang&#39;s competitive landscape, bolstered by the township&#39;s residential, educational, and office ecosystem driving consistent footfall of 10-12 million visitors annually. Leasing advantages include high occupancy of 90-95%, flexible 3-5 year terms with renewal options, and rent structures blending base rates of IDR 500,000-900,000 per sqm/year (averaging IDR 750,000) plus 8-12% of sales turnover, providing stability. Sales per sqm reach IDR 15 million yearly, with dwell time at 2.5 hours and 25% conversion rate. However, challenges arise from aging infrastructure dating to 1995, requiring ongoing maintenance that may cause disruptions, and intense competition from nearby malls like Summarecon Mall Serpong and AEON Mall BSD, leading to saturation in F\u0026B and fashion segments. E-commerce growth impacts non-essential retail, while vacancy stands at 17.8%, and peak parking constraints (3,000-3,500 spaces) add logistical risks amid 5-7% market growth tempered by economic fluctuations.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Tangerang&quot;},&quot;anchor_tenants&quot;:&quot;Carrefour,Debenhams,Matahari Department Store,ACE Hardware&quot;,&quot;distance&quot;:5.22,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;350&quot;,&quot;gla_sqm&quot;:&quot;187000&quot;,&quot;anchor_tenants&quot;:&quot;Carrefour,Debenhams,Matahari Department Store,ACE Hardware&quot;}},{&quot;id&quot;:4750,&quot;slug&quot;:&quot;the-breeze-bsd&quot;,&quot;name&quot;:&quot;The Breeze Bsd&quot;,&quot;lat&quot;:&quot;-6.3031449&quot;,&quot;lng&quot;:&quot;106.6541336&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;The Breeze BSD is an open-air lifestyle and entertainment center located in BSD City, Tangerang, Indonesia, within the BSD Green Office Park on Jl. BSD Grand Boulevard. Opened in 2013 and developed by Sinar Mas Land, it spans 40,000 square meters of gross leasable area across one level, featuring 90 retail stores with a focus on mixed-use functionality including shopping, dining, and leisure. The property emphasizes green spaces, natural elements, and al fresco options, positioning it as Indonesia&#39;s first such venue, which supports a relaxed, outdoor-oriented visitor experience. Annual footfall reaches approximately 5 million visitors, driven by dwell times of 120 minutes, with visits split as 40% for shopping, 35% for dining, and 25% for other activities like home decor. Occupancy stands at around 85%, with 6,000 square meters of available space and a 15% vacancy rate, reflecting moderate stability in a competitive market. Anchor tenants include Ranch Market for groceries, Cinema XXI for entertainment, Gold’s Gym for fitness, PAUL bakery, and Sushi Tei for dining, contributing to high tenant diversity across retail categories. The primary catchment area within 5 km covers 1.2 million residents, characterized by a median age of 30.4 years, household size of 4 persons, and median monthly income of 8.5 million IDR, supporting retail spending of 648 USD per capita annually. Accessibility benefits from direct road access and 1,000 parking spaces, though public transport is moderate. Average rents are 500,000 IDR per square meter per month, with sales performance at 10 million IDR per square meter per year and a 20% conversion rate. Leasing advantages include flexible terms, ongoing new tenant pipeline, frequent promotional events, and planned phase 2 expansion, enhancing long-term viability. However, challenges include high e-commerce penetration at 75% internet usage and 30% click-and-collect sales, alongside competitor density of 3 malls per square kilometer in the Serpong area, which features nearby venues like Aeon Mall BSD and Summarecon Mall Serpong. Operational quality is bolstered by advanced security and digital signage, but potential drawbacks involve aging infrastructure relative to newer developments and market saturation in dining and entertainment categories.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Tangerang&quot;},&quot;anchor_tenants&quot;:&quot;Ranch Market, Cinema XXI, Gold’s Gym, PAUL, Sushi Tei&quot;,&quot;distance&quot;:9.06,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;90&quot;,&quot;gla_sqm&quot;:&quot;25000&quot;,&quot;anchor_tenants&quot;:&quot;Ranch Market, Cinema XXI, Gold’s Gym, PAUL, Sushi Tei&quot;}},{&quot;id&quot;:3485,&quot;slug&quot;:&quot;green-lake-city-mall&quot;,&quot;name&quot;:&quot;Green Lake City Mall&quot;,&quot;lat&quot;:&quot;-6.19&quot;,&quot;lng&quot;:&quot;106.701&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Green Lake City Mall, specifically the La Vela development, is a newly opened open-air retail and entertainment destination spanning 4 hectares within the 150-hectare integrated Green Lake City residential area in Cipondoh, Tangerang, bordering West Jakarta. Launched on July 24, 2025, by Agung Sedayu Group, it features a classic European theme with promenades, iconic fountains, and insta-worthy spots designed as a community hub for socializing and one-stop shopping. The tenant mix emphasizes F\u0026B and lifestyle outlets, anchored by Grand Lucky Superstore, the largest in Jakarta, alongside December Coffee, Song Fa, Lao Lao Huo Guo, Sensatia Botanicals, Sour Sally, NEST, Teazzie, Aming Coffee, Century Healthcare, and Fore. Phase 1 shows high occupancy with major tenants in place, targeting daily needs and leisure for local residents. Market position leverages the growing Tangerang suburbia, where retail occupancy in BoDeTaBek averages around 83-87% per recent reports, but as a nascent project, it benefits from proximity to affluent housing without direct large-mall competition nearby. Leasing advantages include flexible spaces for F\u0026B and pop-ups, no entry fees to boost footfall, and integration with residential traffic of 38,000 dwellers plus 1.5 million catchment. However, risks involve unproven long-term visitor numbers, potential F\u0026B saturation, and infrastructure strains from regional traffic congestion. Rent levels are competitive for suburban retail, estimated at IDR 200,000-400,000 per sqm annually based on similar Tangerang developments, with incentives for early lessees. Operational quality is high with 24-hour security and modern amenities, though aging infrastructure is not an issue given new build. Demographic profile skews middle-to-upper class urban families, young professionals from Jakarta commuting, supporting categories like groceries and casual dining over luxury.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Tangerang&quot;},&quot;anchor_tenants&quot;:&quot;Grand Lucky Supermarket, December Coffee, Song Fa, Lao Lao Huo Guo, Sensatia&quot;,&quot;distance&quot;:6.27,&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;Grand Lucky Supermarket, December Coffee, Song Fa, Lao Lao Huo Guo, Sensatia&quot;}},{&quot;id&quot;:4912,&quot;slug&quot;:&quot;isfara-mall&quot;,&quot;name&quot;:&quot;Eastvara Mall&quot;,&quot;lat&quot;:&quot;-6.2975&quot;,&quot;lng&quot;:&quot;106.6523&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Eastvara Mall is situated in the heart of BSD City, Tangerang Regency, Banten, Indonesia, at Jl. BSD Boulevard Utara, Cijantra, Pagedangan. Opened in July 2024 through a collaboration between Sinar Mas Land and Ararasa, it operates as a semi-outdoor lifestyle commercial center with a gross leasable area not publicly specified but designed across four distinct zones: Urban Groove for youth-focused retail and art installations, Spring Ville for nature-integrated family dining and F\u0026B outlets, Light Atrium as a central gathering space, and Sunset Boulevard for evening entertainment. The tenant mix emphasizes curated selections from local artisans to international brands, featuring exclusive outlets in fashion, culinary, lifestyle, and leisure not previously available in Tangerang, alongside amenities such as XXI cinema, children&#39;s play areas, fitness centers, and multipurpose event venues. Marketed as \&quot;The Light of Asia,\&quot; it incorporates sustainable green architecture with outdoor paving, planted gardens, and low-carbon elements to blend urban and natural environments. In the context of BSD City, a rapidly expanding planned satellite community 30 km south of Jakarta with over 300,000 residents, Eastvara positions itself as a complementary retail destination amid a competitive landscape including AEON Mall and ITC BSD. Accessibility is strong via major toll roads like Jakarta-Serpong and public transport options including commuter lines from Cisauk station and BSD shuttle services, supporting footfall from affluent local demographics including middle-to-upper-income families and young professionals. Leasing advantages include opportunities for early-mover tenants in a modern, instagramable setting that promotes experiential retail, potentially with flexible terms to achieve high occupancy in this nascent property. However, as a new entrant, challenges involve building consistent visitor traffic against established competitors and managing operational teething issues in infrastructure. Overall, it enhances BSD City&#39;s retail ecosystem by focusing on lifestyle and community-oriented spaces, though success depends on effective tenant mix evolution and marketing to capture the area&#39;s growing population with rising disposable incomes estimated at IDR 10-20 million monthly for target households.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Tangerang&quot;},&quot;anchor_tenants&quot;:&quot;AEON Supermarket, Funtasia by Minitopia, Doggy Town, Sushi Hiro, Starbucks&quot;,&quot;distance&quot;:8.43,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;25000&quot;,&quot;anchor_tenants&quot;:&quot;AEON Supermarket, Funtasia by Minitopia, Doggy Town, Sushi Hiro, Starbucks&quot;}},{&quot;id&quot;:5232,&quot;slug&quot;:&quot;karawaci-central-plaza&quot;,&quot;name&quot;:&quot;Karawaci Central Plaza&quot;,&quot;lat&quot;:&quot;-6.2417835&quot;,&quot;lng&quot;:&quot;106.5817601&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Karawaci Central Plaza, located in Tangerang, Banten, Indonesia, within the Lippo Karawaci township, serves as a key retail destination in the western suburbs of Jakarta. Developed by PT Lippo Karawaci Tbk, the property spans approximately 187,000 square meters of gross leasable area across four levels, established in 1995 and operational since 1997. It functions as an integrated shopping, dining, and entertainment hub targeting middle-income families and young professionals. The tenant mix is diverse, comprising over 350 stores, including anchor tenants such as hypermarkets (Hypermart and Carrefour), department stores (Matahari, Debenhams), international fashion brands (Zara, H\u0026M), electronics outlets, specialty shops, and extensive F\u0026B options with international chains. Leisure facilities include cinemas (XXI), bowling alleys, and play areas, enhancing dwell time to about 2.5 hours. Market position is strong, holding 20-25% share in the local retail landscape, supported by the township&#39;s residential, educational, and office ecosystem driving consistent footfall of 10-12 million annual visitors. Occupancy stands at 92%, reflecting operational stability amid post-pandemic recovery, with vacancy at 17.8% and 33,000 square meters available. Rent levels feature base minimums of IDR 500,000-900,000 per square meter per year, averaging IDR 750,000, plus 8-12% turnover, with 3-5 year lease terms offering renewal flexibility. Accessibility benefits from proximity to Jakarta-Merak toll roads, 3,000-3,500 parking spaces, and high pedestrian traffic, though public transit limitations and peak-hour congestion pose challenges. Demographics include a 5 km primary catchment of 500,000 residents with median household income of IDR 10 million monthly, population growth of 2.1%, and median age of 26-30 years. Leasing advantages include stable occupancy, diverse mix mitigating risks, promotional events boosting traffic, and integration with township amenities. However, aging infrastructure requires upgrades, and market saturation in fashion and F\u0026B categories, coupled with e-commerce growth, present drawbacks. Competition from nearby malls like Summarecon Mall Serpong and AEON Mall BSD intensifies pressure, potentially impacting sales velocity in non-essential retail. Overall, the property offers balanced opportunities for tenants in family-oriented categories like groceries and children&#39;s products, with sales per square meter at IDR 15 million annually, but requires strategic positioning against digital and competitive threats.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Tangerang&quot;},&quot;anchor_tenants&quot;:&quot;Sogo,Carrefour,Debenhams&quot;,&quot;distance&quot;:8.31,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;180&quot;,&quot;gla_sqm&quot;:&quot;187000&quot;,&quot;anchor_tenants&quot;:&quot;Sogo,Carrefour,Debenhams&quot;}},{&quot;id&quot;:1462,&quot;slug&quot;:&quot;aeon-mall-bsd-city&quot;,&quot;name&quot;:&quot;Aeon Mall Bsd City&quot;,&quot;lat&quot;:&quot;-6.304167&quot;,&quot;lng&quot;:&quot;106.643889&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;AEON Mall BSD City is situated in Bumi Serpong Damai (BSD City), Tangerang, Banten Province, Indonesia, about 20 kilometers southwest of Jakarta city center. Developed by Sinar Mas Land in partnership with AEON Co., Ltd., it opened in April 2015 and covers 150,000 square meters of gross leasable area across four levels on a 10-hectare site. The mall hosts approximately 280 tenants, featuring a diverse mix that includes the anchor AEON hypermarket occupying 15,000 square meters, international fashion brands such as H\u0026M, Uniqlo, and Zara, electronics retailers like Electronic City, a wide array of dining options encompassing local Indonesian eateries and international chains like Starbucks and McDonalds, entertainment venues including a 9-screen CGV cinema and an indoor playground, as well as fitness centers and supermarkets. Positioned in a master-planned township, the mall serves a burgeoning suburban market characterized by residential expansion and infrastructure improvements. Monthly footfall surpasses 1 million visitors, bolstered by high occupancy rates exceeding 95 percent, according to AEONs operational reports. Accessibility is facilitated by proximity to the Jakarta-Merak toll road and Trans-Jabodetabek buses, though peak-hour traffic from Jakarta commuters can delay access. Rent levels in prime spaces range from IDR 700,000 to 1,200,000 per square meter annually, offering competitive terms for mid-tier retailers amid stable demand. Leasing advantages encompass flexible space configurations from 50 to 5,000 square meters and promotional support through mall events. However, the property faces challenges from regional retail saturation and economic volatility in Indonesias consumer sector, which could impact sales velocity. Overall, it represents a solid opportunity for retailers targeting family-oriented demographics in a growth corridor, balanced against navigational and competitive pressures.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Tangerang&quot;},&quot;anchor_tenants&quot;:&quot;AEON Store,UNIQLO,ACE Hardware,Best Denki,XXI Cinema&quot;,&quot;distance&quot;:9.24,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;280&quot;,&quot;gla_sqm&quot;:&quot;77000&quot;,&quot;anchor_tenants&quot;:&quot;AEON Store,UNIQLO,ACE Hardware,Best Denki,XXI Cinema&quot;}}],&quot;outside&quot;:[]}" data-map-update-url-value="/malls/mall-alam-sutera" id="mall-map-wrapper"><div data-city="Tangerang" data-current-mall="true" data-id="mall-alam-sutera" data-lat="-6.221679" data-lng="106.6541314" data-map-target="mall" data-name="Mall @ Alam Sutera" 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">10 km</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">30 km</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">2.5</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">4.5</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">35 Index (NY=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">10,000,000 IDR per year</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">2,500,000 IDR per year</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">4,000,000 IDR per year</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">1,500,000 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">6,000,000 Visitors</div><div class="stat-label">Annual foot traffic</div></div><div class="stat-card"><div class="stat-value">90 Minutes</div><div class="stat-label">Dwell time</div></div><div class="stat-card"><div class="stat-value">25.0</div><div class="stat-label">Conversion rate</div></div><div class="stat-card"><div class="stat-value">50,000,000 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">200 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">79,681 sqm</div><div class="stat-label">Gross Leasable Area</div></div><div class="stat-card"><div class="stat-value">4 Levels</div><div class="stat-label">Number of Levels</div></div><div class="stat-card"><div class="stat-value">500,000 IDR per month</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">10.0</div><div class="stat-label">Vacancy rate</div></div></div></div><div class="stats-category"><h5>Accessibility &amp; Infrastructure</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Direct Access</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">Limited Access</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 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">Medium Adoption</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">70.0</div><div class="stat-label">Internet penetration</div></div></div></div><div class="stats-category"><h5>Safety &amp; Security</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Low Rate</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">Comprehensive Measures</div><div class="stat-label">Security measures</div></div></div></div><div class="stats-category"><h5>Marketing &amp; Events</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Frequent Events</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">Medium Penetration</div><div class="stat-label">Loyalty program penetration</div></div><div class="stat-card"><div class="stat-value">Yes 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">Phase expansions Plans</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>