Like Jakarta, Mall Occupancy in Bodetabek Also Declined

Property

Lite

Adi Ahdiat 12/01/2023 11:20 WIB

URL has been copied

Memuat...

Similar to Jakarta, mall occupancy rates in Bogor, Depok, Tangerang, and Bekasi (Bodetabek) have generally been declining over the past five years.

Mall Occupancy Rate in Bodetabek (2018-2022)

A Font Kecil
A Font Sedang
A Font Besar

Access single data

Like Jakarta, Mall Occupancy in Bodetabek Also Declined

Want to get more access to Data Stories with a more affordable price? Subscribe.

By subscribing, you join us in presenting quality data.

Get:

Premium Data Stories access
Comfortable reading without ads
Download data in XLS, PDF, and image format
Access to data source information

Basic

~~Rp100.000~~

Rp50.000/month

Professional

~~Rp100.000~~

Rp150.000/month

Institutional For organizations

We accept the following payments:

Some payment methods are still in the process of being activated.

Mall Occupancy Rate in Bodetabek (2018-2022)

Download

Source

A Small Font
A Medium Font
A Bigger Font

Similar to Jakarta, the occupancy rate of shopping malls in Bogor, Depok, Tangerang, and Bekasi (Bodetabek) has generally been declining over the past five years.

According to a report by property consultant Colliers, in 2018, approximately 82.5% of mall space in Bodetabek was occupied by tenants.

However, in subsequent years, occupancy decreased, reaching 68.9% in 2022, the lowest level since 2018.

Occupancy also seems unlikely to rebound in 2023. Currently, several new mall construction projects in Bodetabek are nearing completion.

"The additional supply will put pressure on occupancy rates," Colliers stated in its Q4 2022 Property Conditions and 2023 Projections report.

The following is a list of new mall construction projects in Bodetabek scheduled for completion between 2023 and 2025:

Bogor

* Cibinong City Mall 2, area 32,500 square meters (2024)

Depok

* Metrosaster Depok, area 30,000 square meters (2025)

Tangerang

* Omotesando Lifestyle Mall, area 7,605 square meters (2023)
* Bintaro Xchange 2, area 51,000 square meters (2023)

Bekasi

* Pakuwon Mall Bekasi, area 40,000 square meters (2023)
* Aeon Mall Deltamas, area 90,000 square meters (2024)
* Living World at Kota Wisata, area 80,000 square meters (2025)

Despite the declining occupancy trend and increasing mall supply, Colliers predicts that mall rental prices in Jakarta and Bodetabek will generally increase.

"Total rental costs will increase in 2023. This adjustment is due to the deficit condition of shopping centers during the pandemic, and considering the improving atmosphere, accompanied by gradually increasing sales from outlets and the rise in minimum wages," said Colliers.

"Tariff adjustments cannot be standardized, but are expected to be implemented by malls with stable and high occupancy and visitation rates," it continued.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

Related Data

The 5 FLPP Distributing Banks with the Largest Contribution as of November 3, 2025

BP Tapera Housing Financing Disbursement to Increase in 2025

List of Persija Jakarta's Championship Titles Over 97 Years Since Its Founding

Jakarta Becomes the World's Most Densely Populated City by 2025

The number of Transjakarta, MRT, and LRT users in Jakarta increased in September 2025.

Indonesia's Out-of-School Children to Decrease by 2025, But 16-18 Age Group Remains High

Latest Data Stories

Which Province Has the Highest Average Monthly Per Capita Expenditure? Market 06/12/2025, 19:30 WIB

Corn Productivity Based on the KSA Area Sample Framework, 2020-2024 Agroindustry 06/12/2025, 18:41 WIB

10 Regions with the Cleanest Evening Air (Dec 6) in Indonesia Consumer Services & Health 06/12/2025, 17:49 WIB

Average Household Telecommunications Consumption in [City Name] 2013-2023 Demographics 06/12/2025, 17:41 WIB

Population of Male Cattle Suitable for Slaughter, Period 2013-2024 Demographics 06/12/2025, 17:23 WIB

Mount Ibu Erupts Again This Afternoon (Saturday, December 6, 2025) Demographics 06/12/2025, 17:04 WIB

Download

Source

Like Jakarta, Mall Occupancy in Bodetabek Also Declined

Like Jakarta, Mall Occupancy in Bodetabek Also Declined

Tags

Related Data

The 5 FLPP Distributing Banks with the Largest Contribution as of November 3, 2025

BP Tapera Housing Financing Disbursement to Increase in 2025

List of Persija Jakarta's Championship Titles Over 97 Years Since Its Founding

Jakarta Becomes the World's Most Densely Populated City by 2025

The number of Transjakarta, MRT, and LRT users in Jakarta increased in September 2025.

Indonesia's Out-of-School Children to Decrease by 2025, But 16-18 Age Group Remains High

Latest Data Stories

Popular Data

Like Jakarta, Mall Occupancy in Bodetabek Also Declined

Like Jakarta, Mall Occupancy in Bodetabek Also Declined

Tags

Related Data

The 5 FLPP Distributing Banks with the Largest Contribution as of November 3, 2025

BP Tapera Housing Financing Disbursement to Increase in 2025

List of Persija Jakarta's Championship Titles Over 97 Years Since Its Founding

Jakarta Becomes the World's Most Densely Populated City by 2025

The number of Transjakarta, MRT, and LRT users in Jakarta increased in September 2025.

Indonesia's Out-of-School Children to Decrease by 2025, But 16-18 Age Group Remains High

Latest Data Stories

Trending Topics

Popular Data