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.
Key data as at 31 December 2021
Building Completion Year | 2004 |
Acquisition Date | 19 November 2007 |
Purchase Price (IDR'billion) | 171.8 |
Land Title | Strata |
Land Lease Expiry | 27 December 2029 |
As a % of Total Net Lettable Area of Mall | 31.7% |