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Plaza Medan Fair

Plaza Medan Fair

Plaza Medan Fair is a four-level retail mall with one basement level, strategically located in the shopping and business district of Medan, North Sumatra, which is the third most populous city in Indonesia after Jakarta and Surabaya. It is the second largest retail mall in Medan, with a host of well-known international and domestic retailers and brand names such as Transmart Carrefour, Matahari Department Store, Cinemaxx, Timezone and Bata. It is surrounded by residences and is also within walking distance to numerous famous hotels in the area.

  • 95.1
    million (S$)
    Appraised Value
  • 67,258
    sqm
    Net Lettable Area
  • 99.3%
    Occupancy
  • 16.9
    million
    Annual Shopper Traffic

Property Information

JalanJendralGatotSubroto, Sub-District of Sekip, District of Medan Petisah, City of Medan, Province of North Sumatera, Indonesia
http://m.lippomalls.com/malls/Lippo-Plaza-Medan/

Key data as at 31 December 2018

Building Completion Year 2004
Acquisition Date 6 December 2011
Purchase Price (IDR'billion) 1,042.1
Land Title BOT
Land Lease Expiry 23 July 2027
Gross Floor Area (sqm) 138,767
Number of Tenants 469
Key Tenants Matahari Department Store, Carrefour, Electronic City
Car Park Lots 1,034
Motorcycle Parking Lots 1,300