Disadvantaged Far East Jakarta Starting glance Investor Retail

JAKARTA, KOMPAS.com – commercial area in East Jakarta thought to be still worked up even though there is a huge potential.

It then becomes one of the reasons PT Mitra Sindo Sukses, a subsidiary of PT Modernland Realty Tbk, build center shopping in Jakarta Garden City (JGC) in cooperation with retail giants from Japan, AEON Group.

“We developed the AEON Mall in East Jakarta because most exceptional of others when the potential is huge,” President Director of PT Mitra Sindo Sukses Sami Miettinen, at JGC Marketing Office.

in addition to AEON Mall, other retailers will occupy land in JGC is IKEA. Household appliances retail network of Sweden has purchased a land area of ​​3.7 hectares and will begin construction of stores in 2017.

Principal Li Realty Ali Hanafia say, the commercial property market in East Jakarta have pretty good considering the prospects of infrastructure development such as Toll Road JORR-Ancol Soekarno Hatta Airport and also Jalan JORR Cakung-Tanjung Priok amid accelerated, especially it being a direct access to JGC.

“Moreover, land in East Jakarta is still cheap despite the area own commercial needs three to five years to be crowded, “said Ali, when contacted Kompas.com.

Especially for IKEA and Aeon Mall, Ali will assume two commercial areas will actually get a lot of buyers from outside JGC because occupants in itself is still not a lot.

for commercial, PT Mitra Sindo Sukses membanderol land worth USD 22 million square meters.

the land is still relatively cheap despite Ali said the current economic conditions should the price of commercial land in East Jakarta overall experience in corrections and the ideal figure of Rp 17.5 million per square meter.

“The issue price depends on whether or not crowded locations and whether it has a lot of the business center there or not. For East Jakarta’s because it’s still the most underdeveloped condition of any side so that its movement is likely to slow, “said Ali.

www.shutterstock.com illustration.

Indeed, when compared to other regions such as Jakarta north, West Jakarta, Central Jakarta, and South Jakarta, the conditions in East Jakarta is still quite far behind.

lagging far

Ali describes the many factors that make East Jakarta lags behind other locations .

among other things, the number of people with incomes lower middle, then also coupled with infrastructure development is lacking.

“another factor for East Jakarta no lands located in large quantities and developers great -pengembang still reluctant to build in the region, “added Ali.

Nevertheless, PT Mitra Sindo Sukses believe the presence of IKEA and AEON Mall in JGC will be able to boost the prestige of East Jakarta as a property hot spots of the capital.

“The entry of AEON Group and IKEA will boost land and property prices higher, because both would attract investors and consumers,” said Sami.

properti.kompas.com

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