Jakarta, CNBC Indonesia – It seems that there’s nonetheless land in Jakarta whose costs are comparatively low, round IDR 2 million per sq. meter (m2). The situation isn’t within the buffer zones of Bogor, Depok, Tangerang, and even Bekasi, however in Jakarta.
“Cilincing is round Rp. 2.5 million per m2 to Rp. 3 million per m2. There may be nonetheless Rp. 3.5 million per m2 whether it is on the principle highway. So it’s as much as Rp. 3.5 million per m2,” stated the Observer and Property Skilled Steve Sudijanto to CNBC Indonesia, Thursday (6/7/2023).
With these figures, Steve said, it might be stated that land costs in Cilincing are the most affordable in DKI Jakarta. One purpose for the cheapness of land on this space is due to the contours of the land in that location.
“Cilincing/Semper continues to be low-cost, however that is the Priok space. So there are many dock staff dwelling there. It isn’t ultimate for housing,” stated Steve.
As a comparability, the worth of the most affordable land within the South Jakarta space, similar to Andara, is 2-3x that of the Cilincing space. The worth distinction can be decided by the amenities to entry to the situation.
“About 6 million per m2 of Andara can nonetheless be discovered,” stated Steve.
[Gambas:Video CNBC]
(dce/dce)
