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Plaza Medan Fair

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Plaza Medan Fair

Plaza Medan Fair is a four-level retail mall, strategically located in the shopping and business district of Medan, North Sumatra, which is the third most populous city in Indonesia after Jakarta and Surabaya. It is the second largest retail mall in Medan, with a host of well-known international and domestic retailers and brand names such as Transmart Carrefour, Matahari Department Store, Cinepolis, Timezone and Bata. It is surrounded by residences and is also within walking distance to numerous famous hotels in the area.

  • 46.3
    million (S$)
    Appraised Value
  • 67,310
    sqm
    Net Lettable Area
  • 95.2%
    Occupancy
  • 12.4
    million
    Annual Shopper Traffic

Property Information

Jalan Jendral Gatot Subroto, Sub-District of Sekip, District of Medan Petisah, City of Medan, Province of North Sumatera, Indonesia

Key data as at 31 December 2023

Building Completion Year 2004
Acquisition Date 6 December 2011
Purchase Price (IDR'billion) 1,042.1
Land Title ABS1
Land Lease Expiry 23 July 2027
Gross Floor Area (sqm) 141,866
Number of Tenants 408
Key Tenants Matahari Department Store, Carrefour, Electronic City
Car Park Lots 1,034
Motorcycle Parking Lots 1,300

1 Agreement-based scheme (formerly known as BOT)