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Metropolis Town Square Units

Metropolis Town Square Units

Metropolis Town Square is a one-stop shopping mall located within the middle to upper income Kota Modern residential estate in Tangerang city of Banten province, along one of the main roads in Tangerang, with good accessibility to passing traffic. Designed in art deco style, the mall is the only major retail development in the Tangerang Municipality. Tangerang’s strategic location between Jakarta and the Soekarno-Hatta International Airport makes it a popular choice for offices and factories.

The Metropolis Town Square Units comprise three strata units on part of the ground floor, first floor and second floor of the building. They are currently utilised as a department store, hypermarket and entertainment and games centre.

  • 20.0
    million (S$)
    Appraised Value
  • 15,248
    sqm
    Net Lettable Area
  • 100.0%
    Occupancy

Property Information

Jalan Hartono Raya, Sub-District of Cikokol, District of Cipete, Regency of Tangerang, Banten-Indonesia
http://m.lippomalls.com/malls/Metropolis-Town-Square/

Key data as at 31 December 2016

Building Completion Year 2004
Acquisition Date 19 November 2007
Purchase Price (IDR'billion) 171.8
Land Title Strata
Land Lease Expiry 27 February 2029
As a % of Total Net Lettable Area of Mall 25.1