JAKARTA – Regions business center (central business district / CBD) Jakarta flooded premium properties through a number of large-scale property projects. The players are giants like the Astra Group, Salim Group, Rajawali Group, and KG Group poured four projects with a value of no less than Rp 29.5 trillion.
They did a premium property projects through an integrated property (mixed use development) in a number of points such as on Jl HR Rasuna Said, Jalan Sudirman to Jl Gen. Gatot Subroto, South Jakarta.
“The property market in Jakarta is still prospective. However, in the CBD Jakarta by land is more limited, resulting in land prices more expensive, because it was the land over one hectare of course must be built mixed-use development so that the risk of property market can be diversified, “said Director of Research and Advisory Chusman & Wakefield Arief Rahardjo, told Investor Daily, when contacted from Jakarta, recently.
Information collected by Investor Daily shows that there is a difference between the striking price of the land corridor Sudirman and Gatot Subroto. A developer said Tax Object Selling Value (NJOP) of land in Gatot Subroto Rp 40 million per square meter (m2). However, the market price could reach Rp 70 million per m2. In fact, the price of land in the Sudirman could touch USD 100 million per m2.
integrated property project (mixed use development) includes a vertical housing, commercial space and offices. There is also equipped with facilities such as a hotel and culinary and entertainment.
According to Arief, by building a mixed-use development that could work in synergy. Each type of the property market has cycles respectively. “Today, in the office sector whose supply is still a lot to the next three years, to be supported financially by the apartments sold, for example,” he said.
Edo Rusyanto / EDO
Investor Daily
beritasatu.com
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