JAKARTA THE NEW SHOPPING PARADISE OF ASIA

In the next few years, we can be sure of Jakarta will be a serious competitor for Singapore and other shopping cities

in Asia. Construction of several shopping belt and the new shopping center, signifying the rapid growth of business spending in the capital. According to retail analysts and lifestyle, the Jakarta market potential is incredible, especially for upper-class products. There are still many rich people in Jakarta who went traveling abroad just hunt branded goods, indicating the amount of potential.

In the next five years, is expected to Jakarta will add another approximately 1,000,000 m2 of retail floor. Total area of that size, still not enough to accommodate local products and foreign brands who want to invade the Jakarta market. To meet the lack of supply, some areas such as Kelapa Gading, Kemayoran, Grogol, Senayan, Serpong, and West Bekasi, is expected to continue to compete to develop projects prestigious shopping mall. We have several luxury shopping center that is in the process of workmanship. Among others: Brass City, Epicentrum Walk, Gandaria City, Ciputra World, Kemang Village, and St. Moritz. Looking ahead, with the completion of Satrio shopping belt along the 4 km-Casablanca, Jakarta reinforce positioning as a city of world-class shopping.