Our Portfolio


Palembang Square Extension

Palembang Square Extension

Palembang Square Extension is a two-storey, including a basement level, retail mall located in Palembang, South Sumatra. It is part of a mixed-use development consisting of a hotel, a proposed hospital and an existing mall, and is connected to Palembang Square and the proposed hospital via a bridge. The mall is anchored by Matahari Department Store and Hypermart, complemented by a list of international and local fashion labels such as Giordano, Batik Keris and Levi's.

  • 27.2
    million (S$)
    Appraised Value
  • 18,093
    sqm
    Net Lettable Area
  • 96.0%
    Occupancy
  • 4.9
    million
    Annual Shopper Traffic

Property Information

Jalan Angkatan 45/POM IX, Lorok Pakjo Sub District, Ilir Barat 1 District, Palembang City, South Sumatera Province, Indonesia
http://m.lippomalls.com/malls/Palembang-Square/

Key data as at 31 December 2018

Building Completion Year 2011
Acquisition Date 15 October 2012
Purchase Price (IDR'billion) 221.5
Land Title BOT
Land Lease Expiry 25 January 2041
Gross Floor Area (sqm) 22,527
Number of Tenants 41
Key Tenants Matahari Department Store, Hypermart
Car Park Lots 475
Motorcycle Parking Lots 500