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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&B chains, and family entertainment options such as cinemas and play areas.

Occupancy rates hover around 70-75%, aligning with Jakarta'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'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.

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Hours of Operation

Hours

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Monday10:00 AM — 10:00 PM
Tuesday10:00 AM — 10:00 PM
Wednesday10:00 AM — 10:00 PM
Thursday10:00 AM — 10:00 PM
Friday10:00 AM — 10:00 PM
Saturday10:00 AM — 10:00 PM
Sunday10:00 AM — 10:00 PM
Holiday Hours

Hours may vary on public holidays. Check with individual stores for specific holiday schedules.

Jl. Pluit Indah Raya No.1, Jakarta Utara, Indonesia

Insights

Demographics and Footfall

Pluit Village Mall primarily serves middle-class families and young professionals in Jakarta Utara's Pluit and Penjaringan districts, where population density exceeds 15,000 per sq km and household incomes average Rp 10-20 million monthly. The demographic profile includes a mix of nuclear families and working adults aged 25-45, with high demand for affordable groceries, casual dining, and family entertainment. Footfall averages 5,000-7,000 visitors daily on weekdays, peaking at 10,000-15,000 on weekends, per Colliers retail reports, supported by local residential catchments but limited by Jakarta's traffic issues reducing impulse visits from outside areas. This steady local traffic provides reliable sales potential for everyday retail categories, though it lags behind high-traffic malls like those in Central Jakarta.

Competition and Market Saturation

The mall faces moderate to high competition from nearby properties such as Emporium Pluit Mall (opened 2018, 50,000 sqm, 85% occupancy) and Pluit Junction, which capture 15-20% more F&B market share through trendy outlets and better youth appeal. Regional saturation in North Jakarta, with over 20 retail centers within 10 km, pressures tenant mix diversification, as noted in Cushman & Wakefield's Q3 2024 report showing 79% city-wide occupancy but declining demand in suburban segments. Weak categories like electronics show slower growth due to e-commerce shifts, while strengths in groceries remain resilient. Retailers should assess co-tenancy risks, as anchor stability influences smaller leases.

Accessibility and Infrastructure Risks

Accessibility relies on Jl. Pluit Indah Raya, with connections to TransJakarta bus routes and tolled expressways, but chronic congestion in North Jakarta reduces peak-hour inflows by up to 30%, per traffic studies. The mall offers 1,500 parking spaces, sufficient for its scale, yet overflow during events strains operations. Aging infrastructure from its 1996 build poses risks, including outdated HVAC and escalators, potentially increasing maintenance costs and downtime. Recent upgrades have improved energy efficiency, but tenants may face higher common area charges. Lease terms often include 3-5 year commitments with escalation clauses tied to inflation (around 3-5% annually), providing predictability but requiring contingency planning for access disruptions common in the area.

Building Details

Property Type
Shopping Mall
Gross Leasable Area
17,138
Year Built
1996
Parking Spaces
1200
Average Monthly Footfall
416,667
Owner
Lippo Group
Anchor Tenants
Matahari, Carrefour, Best Denki, Muji, Timezone

Detailed Market Analytics

Primary Catchment Area
5 km
Secondary Catchment Area
10 km
Catchment area population
500,000 People
Population growth rate
2.5 %
Median age
31 Years
Household size
3.8 People
Education level (tertiary)
15.0 %

Median household income
7,000,000 IDR/month
Unemployment rate
6.0 %
Cost of living index
55 Index (Jakarta=100)

Retail spending per capita
1,200 USD/year
Spending on apparel
250 USD/year
Spending on groceries
400 USD/year
Spending on electronics
150 USD/year

Annual foot traffic
5,000,000 Visitors/year
Dwell time
2.5 Hours/visit
Conversion rate
20.0 %
Sales per square meter
10,000,000 IDR/sqm/year

Number of retail stores
180 Stores
Anchor tenant presence
Yes Presence
Competitor density (same category)
High Density
Tenant diversity
High Diversity
Unique Concepts
Yes Presence

Gross Leasable Area
17,138 sqm
Number of Levels
5 Levels
Average rent per square meter
500,000 IDR/sqm/year
Vacancy rate
5.0 %
Lease term flexibility
Medium Flexibility
Available retail space
2,000 sqm

Proximity to main roads
Direct Access
Public transport access
Good Access
Parking spaces
1,200 Spaces
Pedestrian traffic
Moderate Traffic

E-commerce competition
High Competition
Click-and-collect adoption
30.0 %
Internet penetration
75.0 %

Retail crime rate
Low Rate
Security measures
Comprehensive Measures

Promotional events
Frequent Events
Loyalty program penetration
40.0 %
Digital signage presence
Yes Presence

Projected foot traffic growth
5.0 %
New tenant pipeline
Ongoing Status
Mall expansion plans
AEI underway Plans
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Jakarta Utara

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Jakarta Utara

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