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Grand Palladium Units

Grand Palladium Units

Grand Palladium Units is conveniently located within the Medan Central Business District and is only 2.5 km from the Polonia International Airport. The mall is located in the centre of Medan, drawing shoppers from all around the city, including the offices and hotels nearby. It is surrounded by government and business offices and the town hall, and therefore benefits from regular crowds of government and business visitors. Medan is the provincial capital of North Sumatra, the largest city in Sumatra and the third most populous city in Indonesia after Jakarta and Surabaya.

The Grand Palladium Units comprise four strata units in part of the basement, lower ground floor, upper ground floor, first floor and third floor of the building. They are currently utilised as a department store, hypermarket and entertainment and games centre.

  • 16.8
    million (S$)
    Appraised Value
  • 13,417
    sqm
    Net Lettable Area
  • 100%
    Occupancy

Property Information

Jalan Kapten Maulana Lubis, Sub-District of Petisah Tengah, District of Medan Petisah, Regency of Medan, North Sumatera-Indonesia
http://m.lippomalls.com/malls/Palladium-Mall/

Key data as at 31 December 2016

Building Completion Year 2005
Acquisition Date 19 November 2007
Purchase Price (IDR'billion) 134.0
Land Title Strata
Land Lease Expiry 9 November 2028
As a % of Total Net Lettable Area of Mall 45.8