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Lippo Plaza Kendari

Lippo Plaza Kendari

Lippo Plaza Kendari is a four-storey family mall with a car park area and it provides a range of products and services for all family needs in one location. It is strategically located in the heart of Kendari, the capital of Southeast Sulawesi. Economic development is growing at a rapid pace in Kendari, where agriculture is the dominant economic activity. The government of Sulawesi has rolled out a series of major infrastructure projects to improve connectivity and spur economic development in Southeast Sulawesi, including a railway network which will connect all major cities in Sulawesi.

The mall's tenants include a variety of well-known retailers such as Matahari Department Store, Hypermart, Pizza Hut, Solaria, Cinemaxx and Timezone.

  • 33.1
    million (S$)
    Appraised Value
  • 21,008
    sqm
    Net Lettable Area
  • 96.9%
    Occupancy
  • 2.6
    million
    Annual Shopper Traffic

Property Information

Jalan MT Haryono No.61-63, Kendari, South East Sulawesi 93117, Indonesia
http://m.lippomalls.com/malls/Lippo-Plaza-Kendari/

Key data as at 31 December 2016

Building Completion Year 2012
Acquisition Date 21 June 2017
Purchase Price (IDR'billion) 310.0
Land Title BOT
Land Lease Expiry 7 July 2041
Gross Floor Area (sqm) 27,913
Number of Tenants 48
Key Tenants Matahari Department Store, Hypermart, Pizza Hut, Solaria, Cinemaxx and Timezone
Car Park Lots 220
Motorcycle Parking Lots 375