LOT A Ancol Residential Development

Lot A at West Ancol is a prime and luxury spot located near recreation area Taman Impian Jaya Ancol. Imagine owning a luxurious property at sea, where every day you wake up to the breathtaking views of the ocean and the sound of the waves crashing against the shore.

Market Opportunity

• Landed Houses Landed residential demand is projected to be relatively steady in 2023 since most of demand are coming from end-users with the need of purchasing their first home.
• Rental Apartment During post-pandemic recovery period, economic recovery has brought positive impact to the Rental Apartment market. Short stay demands has risen during post-pandemic period.
• Jakarta Emerging as a Prime Rental Market. Despite the rapid growth of the Indonesian property market in recent years, houses and apartments are still among the cheapest in the region. As per market estimates, higher-end apartments in Jakarta ranged from around USD 2,500 to USD 2,800 per square meter (sq. m) in 2019. Increasing disposable incomes and migration of Indonesians to Jakarta in search of better employment make Jakarta an attractive rental market for both buyers and investors. However, the government set out some stimuli for the residential property sector, including the property relaxation norm from the Central Bank coupled with the foreign ownership regulation, which is likely to bode well for developers and property demand.

Supporting Infrastructure
The property is located within Ancol Jakarta Bay City (known as Taman Impian Jaya Ancol). Administratively, it is located in Pademangan District, North Jakarta. The major access to Ancol Jakarta Bay City is through Jl. Lodan Raya.