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Palembang Icon

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Palembang Icon

Palembang Icon is a retail development with five levels, as well as a sports centre in the city of Palembang, South Sumatra. It is strategically located in a premium location that will be integrated with a convention centre and a 5-star hotel. Positioned as a new lifestyle icon in South Sumatra, Palembang Icon provides a complete range of products and services covering daily needs, fashion, entertainment and Food & Beverages for families.

Anchored by Cinepolis, Foodmart and Uniqlo, many first-to-market outlets from international and local brands have opened in this sophisticated mall, including KOI Café, Nature Republic, L'Occitane, Starbucks, McDonald's and Ichiban Sushi.

  • 78.6
    million (S$)
    Appraised Value
  • 28,644
    sqm
    Net Lettable Area
  • 97.9%
    Occupancy
  • 5.8
    million
    Annual Shopper Traffic

Property Information

Jalan POM IX, Sub District of Lorok Pakjo, District of llir Barat I, City of Palembang, Province of South Sumatera, Indonesia

Key data as at 31 December 2023

Building Completion Year 2013
Acquisition Date 10 July 2015
Purchase Price (IDR'billion) 790.0
Land Title ABS1
Land Lease Expiry 30 April 2040
Gross Floor Area (sqm) 50,889
Number of Tenants 176
Key Tenants Cinepolis, Foodmart Gourmet, Uniqlo and McDonald's
Car Park Lots 467
Motorcycle Parking Lots 647

1 Agreement-based scheme (formerly known as BOT)