Our Portfolio


Palembang Square

Palembang Square

Palembang Square is a four-level retail mall located in Palembang, South Sumatra. The mall is part of a mixed-use development consisting of a hotel, a proposed hospital and Palembang Square Extension. The mall is a host of international and local specialty tenants which include Amazonia, Cinema XXI and Kentucky Fried Chicken.

  • 53.0
    million (S$)
    Appraised Value
  • 31,689
    sqm
    Net Lettable Area
  • 63.1%
    Occupancy
  • 7.8
    million
    Annual Shopper Traffic

Property Information

Jalan Angkatan 45/POM IX, Lorok Pakjo Sub District, Ilir Barat 1 District, Palembang City, South Sumatera Province, Indonesia

Key data as at 31 December 2024

Building Completion Year 2003
Acquisition Date 14 November 2012
Purchase Price (IDR'billion) 467.0
Land Title Strata
Land Lease Expiry 2 September 2039
Gross Floor Area (sqm) 44,850
Number of Tenants 117
Key Tenants Cinema XXI, Hypermart, Kopi Kenangan, Matahari Department Store
Car Park Lots 475
Motorcycle Parking Lots 900