Nine new shopping centres to be completed in Jakarta by 2024 | Real Estate Asia
350 views

Nine new shopping centres to be completed in Jakarta by 2024

This equates to around 460,000sqm of new retail supply.

As a result of the slowing progress of construction, a Colliers report revealed that the completion of several malls will be delayed. With no supply, the cumulative supply in Jakarta remained at 4.86 million sq m in 2022. 

According to Colliers, Green Walk Mall (located within the Grand Dhika City complex in Bekasi) added new retail supply in the Greater Jakarta area in Q4 2022. The mall’s completion brought the total supply to nearly 3 million sq m in 2022. 

“At least nine shopping centres are currently under construction and are expected to be completed by 2024. These projects will add approximately 460,000 sq m of new retail supply, with approximately 70% of the total located in the Greater Jakarta area. Three large-scale shopping malls are scheduled to open in 2023: Lippo Mall East Side (within the Holland Village complex), Pakuwon Mall Bekasi and Bintaro Xchange 2,” the report added.

Follow the link for more news on

Join Real Estate Asia community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!