Palm Court Apartment

Apartment Palma Citra is a premium apartment complex established in 2004. Located in Jakarta's Golden Triangle Area, the complex consists of two towers with a total floor area of 34,620 square meters. It offers residents a range of amenities such as a swimming pool, onsen, gym, and ample parking facilities to ensure their comfort. Perumda Sarana Jaya is exploring ways to enhance the value of the asset by transforming the apartment complex into either a hotel or rental housing through business partnership collaboration.

Market Opportunity
• Located close to Jakarta's three integrated business districts: SCBD, Mega Kuningan, and Kuningan Persada.
• The rental apartment market in Jakarta reached an occupancy rate of 60% by the end of 2023 and is expected to continue rising.

Supporting Infrastructure
• The property can be directly accessed via Gatot Subroto Road, a primary arterial road adjacent to the inner city toll road.
• Transjakarta services run along the accessible road, and the nearest East Kuningan Halte is just 800 meters away. Located 5 km from kuningan LRT Station and 5 km from Cawang commuter train (KRL) station.