Jakarta Added 11 New Shopping Center

Jakarta Added 11 New Shopping Center

After experiencing the " deficit " supply the first quarter of 2013 , Jakarta redeem it with three new shopping centers opened in the next quarter the Street Gallery in Pondok Indah Mall , Lotte Shopping Avenue in Ciputra World Jakarta and Cipinang Indah Mall . All three increase the space as much as 107,100 square feet of total space Jakarta shopping center to 4.2 million square meters
.

Not just only three , from recent research reported by Colliers International Indonesia , the capital will be met eleven shopping center again until 2016. The shopping center is The Bay Walk in Green Bay Pluit , St . Moritz at Puri Indah Mall , Mal Puri Indah Extension , Mal Kelapa Gading III Extension , Pantai Indah Kapok Mall , Central Park Mall Extension , Grand Cipulir , Shopping Mall @ Jewel, Mal Puri Indah II , Holland Village Mall , and the Mall @ The City Center .

Overall the shopping center area of ​​498 200 square meters . So if dikumulasikan , the total area of ​​retail space will reach 4.698 million square meters .

Unlike the supply growth , the level of occupancy ( occupancy rate) experienced a small decline . From the previous 88.9 percent , to 87.3 percent in the second quarter of 2013 . The decrease in occupancy rate , according to Colliers , occurs in old malls .

While the new malls are located in Central and South Jakarta have increased occupancy by 10 percent since the new lease transaction activity . Call it Kasablanka City and Mal Lippo Mall Kemang . There was an average rental rate per square meter reaches 469 818 per month .

Associate Director of Research Colliers International Indonesia , Ferry Salanto , say , the growth of shopping centers is influenced by a growing retail business . The increasingly expansive retail businesses to open their newest outlets .

"The expansion of foreign retailers that carry the brand for the Indonesian market will continue to happen in the future , " Ferry said in a research report .

Uniqlo , a clothing brand based in Japan will even expand their market share in Indonesia by adding stores. After LOVE , they will be present in Kelapa Gading mall and corridor S Parman .

While the Swedish retailer , H & M will open two stores at once ie at Gandaria City in the 3rd quarter of this year and in which they made ​​the Grand Indonesia flagship store next year .

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