<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="-6.157284" data-lng="106.908447" data-map-catchment-data-value="{&quot;lat&quot;:&quot;-6.157284&quot;,&quot;lng&quot;:&quot;106.908447&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:1200000}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;1,200,000 People&quot;,&quot;description&quot;:&quot;Estimated population within a 5-km radius, indicating core customer base&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;3,000,000 People&quot;,&quot;description&quot;:&quot;Estimated population within a 10-20 km radius, broader market reach&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;1,200,000 People&quot;,&quot;description&quot;:&quot;Primary catchment population serving the mall&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;1.2&quot;,&quot;description&quot;:&quot;Annual growth rate in North Jakarta area&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;32 Years&quot;,&quot;description&quot;:&quot;Median age of population in urban Jakarta&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;3.5 Persons&quot;,&quot;description&quot;:&quot;Average household size in Jakarta households&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;25.0&quot;,&quot;description&quot;:&quot;Percentage of adult population with tertiary education in urban areas&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;4,500,000 IDR per month&quot;,&quot;description&quot;:&quot;Median monthly household income in North Jakarta&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;6.21&quot;,&quot;description&quot;:&quot;Unemployment rate in Jakarta as of 2024&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;45 Index (US=100)&quot;,&quot;description&quot;:&quot;Cost of living index for Jakarta relative to global standards&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;800 USD&quot;,&quot;description&quot;:&quot;Estimated annual retail spending per person in Indonesia urban areas&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;82.65 USD&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;373 USD&quot;,&quot;description&quot;:&quot;Estimated annual per capita grocery spending based on national sector data&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;100 USD&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;32,000,000 Visitors&quot;,&quot;description&quot;:&quot;Total annual visitors to the mall in FY2024&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;2.5 Hours&quot;,&quot;description&quot;:&quot;Estimated average time visitors spend in the mall&quot;},{&quot;label&quot;:&quot;Conversion rate&quot;,&quot;value&quot;:&quot;25.0&quot;,&quot;description&quot;:&quot;Estimated percentage of visitors making a purchase&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;10,000,000 IDR per year&quot;,&quot;description&quot;:&quot;Estimated annual sales per square meter of leasable area&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;550 Stores&quot;,&quot;description&quot;:&quot;Approximate number of tenants in the mall&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Presence of major anchor tenants like Sogo and cinemas&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;High Level&quot;,&quot;description&quot;:&quot;High density of competing malls in North Jakarta&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;High Level&quot;,&quot;description&quot;:&quot;Diverse mix of retail, dining, and entertainment tenants&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Inclusion of unique entertainment and lifestyle concepts&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;150,000 sqm&quot;,&quot;description&quot;:&quot;Net leasable area available for tenants&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;3 Floors&quot;,&quot;description&quot;:&quot;Number of shopping levels in the mall&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;325,000 IDR per m² per month&quot;,&quot;description&quot;:&quot;Average monthly rental rate per square meter&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;9.0&quot;,&quot;description&quot;:&quot;Vacancy rate based on 91% occupancy&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;Standard Type&quot;,&quot;description&quot;:&quot;Typical 3-5 year lease terms with some flexibility&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;Low Level&quot;,&quot;description&quot;:&quot;Limited available space due to high occupancy&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;Direct Access Level&quot;,&quot;description&quot;:&quot;Direct connection to major roads like Boulevard Kelapa Gading&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;High Level&quot;,&quot;description&quot;:&quot;Access via TransJakarta and LRT Kelapa Gading station&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;2,500 Spaces&quot;,&quot;description&quot;:&quot;Estimated number of parking spaces available&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;High Level&quot;,&quot;description&quot;:&quot;High pedestrian flow in the urban Kelapa Gading area&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;High Level&quot;,&quot;description&quot;:&quot;Strong e-commerce growth competing with physical retail in Indonesia&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;High Level&quot;,&quot;description&quot;:&quot;Widespread adoption 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&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;Low Level&quot;,&quot;description&quot;:&quot;Estimated low retail crime rate in secure urban mall&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;Standard Type&quot;,&quot;description&quot;:&quot;CCTV, guards, and standard security protocols&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Regular promotional and seasonal events&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;High Level&quot;,&quot;description&quot;:&quot;Strong participation in mall loyalty programs&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Digital signage for advertising and navigation&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;Estimated annual growth in foot traffic&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Ongoing addition of new tenants&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;Stable Status&quot;,&quot;description&quot;:&quot;No major expansions planned, focus on optimization&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&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;:2.21,&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;:0.14,&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;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;:2.41,&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;:13.4,&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;:19.33,&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/summarecon-mall-kelapa-gading" id="mall-map-wrapper"><div data-city="Jakarta Utara" data-current-mall="true" data-id="summarecon-mall-kelapa-gading" data-lat="-6.157284" data-lng="106.908447" data-map-target="mall" data-name="Summarecon Mall Kelapa Gading" 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">1,200,000 People</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">3,000,000 People</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">1,200,000 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">4,500,000 IDR per month</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">6.21</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">45 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">800 USD</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">82.65 USD</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">373 USD</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">100 USD</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">32,000,000 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 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">550 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">High Level</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">High Level</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">150,000 sqm</div><div class="stat-label">Gross Leasable Area</div></div><div class="stat-card"><div class="stat-value">3 Floors</div><div class="stat-label">Number of Levels</div></div><div class="stat-card"><div class="stat-value">325,000 IDR per m² per month</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">9.0</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 Level</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">High Level</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">2,500 Spaces</div><div class="stat-label">Parking spaces</div></div><div class="stat-card"><div class="stat-value">High Level</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 Level</div><div class="stat-label">E-commerce competition</div></div><div class="stat-card"><div class="stat-value">High Level</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 Level</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">Standard Type</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">Yes Presence</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">High Level</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">Yes Presence</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">Stable Status</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>