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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 list of tenants including well-known international and domestic retailers and brand names such as Carrefour, Matahari Department Store, Electonic City, Timezone and Bata. It is also surrounded by residences and is within walking distance to famous hotels in town.

  • 116.1
    million (S$)
    Appraised Value
  • 55,075
    sqm
    Net Lettable Area
  • 99.8%
    Occupancy
  • 15.7
    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 2016

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) 125,053
Number of Tenants 437
Key Tenants Matahari Department Store, Carrefour, Electronic City
Car Park Lots 1,034
Motorcycle Parking Lots 1,300