IDR 35 Billion Total
Manyar, Surabaya
Manyar, Surabaya
Updated on 11 December 2025 by INGE KRISNITA
Land Area
1271 sqm
Building Area
5084 sqm
Certificate
SHM
Storey
1
Furnishing
Unfurnished
Property Type
Retail Space
Category
Sale
Listing ID
css9768202
*BUY ASSET DIRECTLY PROFIT TENS OF BILLIONS* 35 B Appraised price almost reaching *80B* *PROPERTY ASSET DATA* *Address:* Jl. Manyar Menur Pumpungan, Kec. Sukolilo, Kota Surabaya *Location Coordinates:* Strategic commercial area of East Surabaya - main Manyar corridor --- *1. Identity and Legality* * *Ownership Status:* Certificate of Ownership (SHM) * *Certificate:* On hand (original documents with the owner) * *Financial Encumbrances:* No debt burden, not mortgaged to any party * *Inheritance Documents:* Complete and ready for notarial stipulation * *Additional Legality:* Complete Building Permit (IMB), active Land and Building Tax (PBB) *2. Property Physical Specifications* * *Land Area:* 1,271 m² * *Building Area:* 5,084 m² * *Number of Floors:* 4.5 floors (including rooftop area & basement) * *Construction:* Reinforced concrete, premium commercial quality * *Building Condition:* Very well maintained and ready for operation * *Orientation:* West-facing, positioned *directly on the main Manyar road* * *Facilities:* * Spacious parking area * Office and meeting rooms * Stable electrical and water systems *3. Usage and Potential* * *Existing Function:* Active commercial building * *Ideal Use:* * Fitness & entertainment center * Showroom / corporate office * Business clinic or coworking hub * *Surrounding Area:* * Close to Galaxy Mall, Unair, ITS, MERR, Unitomo, Untag. * Quick access to city center and toll road * *Advantages:* * Densely active commercial location * High traffic, suitable for brand exposure businesses *4. Market Value Analysis* * *Fair Market Land Price (Manyar-Sukolilo):* Rp 25 - 30 million/m² * *Estimated Land Value (1,271 m²):* Rp 31.77 B - Rp 38.13 B * *Building Price (premium 4.5-floor commercial):* Rp 9 - 10 million/m² * *Estimated Building Value (5,084 m²):* Rp 45.75 B - Rp 50.84 B * *Total Estimated Property Market Value:* *Rp 77.5 - 88.9 Billion (current fair market value)* *5. Conclusion* The *Jl. Manyar Surabaya* property is a *large and active commercial building* in the main area of East Surabaya with *complete legality and on-hand certificates*. With a total building area of 5,000+ m² and a strategic position on the main Manyar route, this asset *deserves to be valued as a premium commercial property*.

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