potential projects

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Project Overview

This project builds 2 (two) modern condominium towers in the JIEP management complex, an industrial strategic place at the center of East Jakarta with around 3.7 Ha. The condominium will target middle-class individuals, providing facilities such as swimming pools, fitness centers, mini markets, and eco-playgrounds. This condominium is also supported by a security system with advanced technology, easy to access, and close to public transportation. Hence, the variety of facilities and infrastructure will lure investors into developing businesses and supporting the creation of a one-stop living concept in the JIEP-integrated area.

The potential rivalry from similar integrated zones in Sedayu City Kelapa Gading, along with the high demand for vertical residential housing and the limited availability of condominiums in East Jakarta, makes the development of condominiums in the JIEP complex management land a favorable choice for business expansion in the area.

Investment Cost
IDR. 910,27 Billion

Project Type : JV (open discuss)
Investment Opportunity : JV/Open Discuss
Source of Revenue :
- Condominium area rental fee
- Advertisement space rental fee
- Sales of residential
- Commercial area rental fee

Current Status : Feasibility Study
Land Area : 12.372 sqm


Financial Analysis

PP : 6 years upon project commencement
NPV : IDR 73.797.922.035
IRR : 24,02%

Expected Start Date

2025

Location

Jl. Rawa Terate III, Kelurahan Jatinegara, Kecamatan Cakung, Jakarta Timur

-6.193893, 106.911577

Contact Info

Name : Zulkifli
Job Title : VP Business Development & Planning
Email : jiep@jiep.co.id


Name : Ervida Prianti
Job Title : VP Corporate Strategy Planning
Email : jiep@jiep.co.id


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