The "Blok M Mixed-use" development, situated in the heart of the Kebayoran Baru Garden City District in South Jakarta, aims to rejuvenate the neglected Blok M Underground terminal into a vibrant center of activities. With a comprehensive mix of facilities including a hotel, service apartment, Residential, retail mall, office spaces, and integrated public transportation, this project envisions a dynamic urban hub. With a substantial investment of USD 190 million, spanning across a land area of 13,000 square meters and a gross floor area of 147,119 square meters, the development seeks to enhance the area's image and vitality by providing diverse amenities and reviving the Blok M district.
The project unfolds in three phases, starting with the revitalization of public spaces, followed by the construction of a retail mall and hotel service apartment podium. This project presents opportunities for partners and prospective investors to collaborate in realizing the Blok M Mixed-use development. We are also seeking partnerships with retail operators, hotel operators, and other stakeholders to play a role in the operation of the building in the future.
Market Opportunity
MRT Passengers, Civil Servants around Kebayoran Baru (Attorney General’s Office, Police, Ministries), Working millennials (for Hotels and Service Apartment)
Supporting Infrastructure
1. MRT Jakarta North - South Line (Lebak Bulus - Ancol)
2. Transjakarta BRT Corridor 1 (Blok M - Kota)
3. Transjakarta BRT Corridor 13 (Ciledug - Tendean)
Project Type : Equity Participation
Investment Opportunity : Equity Participation
Source of Revenue :
• Commercial Rental Area
• Advertisement Space
• Service Apartment
• Residential, Hotel
Current Status : Pre-Feasibility Study, Highest and Best Use Study, Permit Approval (on progress)
Gross Floor Area : 113,796 m2
Payback Period : Contact for further information
Net Present Value : Contact for further information
Investment Rate of Return : Contact for further information
Phase 1:
Construction: 2025
Operational: 2026
Phase 2:
Construction: 2027
Operational: 2030
Phase 3:
Construction: 2033
Operational: 2036
TOD Blok M-ASEAN
-6.243338685325121, 106.80002635117476
Name: Muhammad Hendardi Subianto
Job Title: Acting Department Head of TOD Asset, Permit, & Business Management
Email: shendardi@jakartamrt.co.id