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Business and properties• Mal Cimanggis, which commenced operations in 2003, is located six km away with a NLA of12,000 sq m, and is anchored by Naga supermarket.The above three competing retail malls position themselves as a convenient shopping location, asopposed to a destination mall, therefore targeting only their immediate population catchment.Within a 10-km radius, other competing retail malls include:• Cileungsi Trade Centre, a strata mall with a NLA of 10,000 sq m, located eight km away with no anchortenants.• Tamini Square, a strata mall with a NLA of 35,000 sq m, located nine km away and anchored byCarrefour hypermarket and Cahaya Department Store.Despite the distance from Cibubur Junction, Cileungsi Trade Centre and Tamini Square compete forshoppers within their primary and secondary trade areas.Future: “Appendix F—Independent Report on the Indonesian Retail Property Market” indicates that, atpresent, there are no known proposals for new centres to compete directly with Cibubur Junction.However, given the relative strength of retail supply in recent years, it is possible that competingcentres will be developed in the future.(See “Appendix F—Independent Report on the Indonesian Retail Property Market”.)Other informationThe following table sets out other relevant information relating to Cibubur Junction.Year of building completion . . . . . . . . 2005Land Area . . . . . . . . . . . . . . . . . . . . .GFA as at 30 June 2007 . . . . . . . . . .NLA as at 30 June 2007 . . . . . . . . . .31,987 sq m49,341 sq m34,139 sq mOccupancy rate as at 30 June 2007. . 86.4%Appraised value by Knight Frank as at30 June 2007 . . . . . . . . . . . . . . . . . . S$94.2 millionAppraised value by Colliers as at30 June 2007 . . . . . . . . . . . . . . . . . . S$101.8 millionCar parking lots . . . . . . . . . . . . . . . . . 611Motorcycle parking lots . . . . . . . . . . . 500Population catchment . . . . . . . . . . . . 422,862 households (1)Title . . . . . . . . . . . . . . . . . . . . . . . . . .Cibubur Junction is owned by PT Cibubur Utama and was builtpursuant to a BOT Scheme based on the deed of cooperationagreement on Land Utilisation for Construction andDevelopment of a Shopping Centre Located at Cibubur—EastJakarta (Perjanjian Kerjasama tentang Pendayagunaan LahanUntuk Pembangunan dan Pengembangan Gedung PusatPerbelanjaan terletak di Cibubur—Jakarta Timur) No. 68,dated 28 July 2003, between PD Pembangunan Sarana JayaDKI Jakarta as BOT Grantor and PT Cibubur Utama as BOTGrantee, made before Imas Fatimah S.H., Notary in Jakarta, asamended by Addendum I dated 25 November 2004 andAddendum II dated 26 November 2004.PD Pembangunan Sarana Jaya DKI Jakarta, as BOT Grantor,owns a plot of land located in Cibubur covering an area of 31,987sq m based on Certificate of HGB No. 01210/Cibubur dated141