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Grand Palladium Units

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Grand Palladium Units

Grand Palladium Units is conveniently located within the Medan Central Business District and is only 2.5 km from the Polonia International Airport. The mall is located in the centre of Medan, drawing shoppers from all around the city, including the offices and hotels nearby. It is surrounded by government and business offices and the town hall, and therefore benefits from regular government and business visitors. Medan is the provincial capital of North Sumatra, the largest city in Sumatra and the third most populous city in Indonesia after Jakarta and Surabaya.

The Grand Palladium Units comprise four strata units in part of the basement, lower ground floor, upper ground floor, first floor and third floor of the building. The Business Association of the mall is in the midst of consolidating consensus for Asset Enhancement Initiatives ("AEI"), which our units will be participating in.

  • 5.6
    million (S$)
    Appraised Value
  • 12,305
    sqm
    Net Lettable Area
  • 0.0%
    Occupancy

Property Information

Jalan Kapten Maulana Lubis No. 8, Sub-District of Petisah Tengah, District of Medan Petisah, Regency of Medan, North Sumatra-Indonesia

Key data as at 31 December 2023

Building Completion Year 2005
Acquisition Date 19 November 2007
Purchase Price (IDR'billion) 134.0
Land Title Strata
Land Lease Expiry 9 November 2028
As a % of Total Net Lettable Area of Mall 42.1%