LRT Jakarta Phase 2C (Kelapa Gading - JIS)





Project Overview

PT Jakarta Propertindo (JAKPRO) has been appointed as the project owner of LRT Jakarta, specifically responsible for the development of the next LRT Jakarta corridor.

LRT Jakarta Phase 2A is an extension of LRT Jakarta Phase 1 (Kelapa Gading - Velodrome) which connects Kelapa Gading to Jakarta International Stadium along 8.2 km and consists of 6 main stations; Kelapa Nias, Boulevard Gading, Sunter Timur, Gelanggang Remaja, Sunter Barat, and Danau Sunter Barat (Jakarta International Stadium).

Market Opportunity : 
- Willingness to Pay : IDR 10,000 - 15,000/trip
- Willingness to Shift : 40.2% of respondents are willing to shift to the LRT to reduce travel time
- Demand Forecast : 66,000 passengers/day (year 7*)

Target Market :
- Age Range : 70% within the 20-39 age range
- Reason to travel : 41% for recreation and 35% for work

Investment Cost
IDR. 7,80 Trillion

Route Length : 8.2 km
Number of Station : 5 station
Naming Rights : up to 6 stations (Phase 1C+2A)
Retail NLA : 149 sqm/station
Retail GFA : 2,400 sqm/station
Unit Based : up to 10 units/station
Advertisement Station : 50 sqm/station
Advertisement Train : up to 32 trains operating (Phase 1C+2A)


Financial Analysis

Investment Rate of Return : 12.3%
Weighted Average Cost of Capital : 12.3%
Payback Period : 14 years

Expected Start Date

2026

Location

Kelapa Nias - Boulevard Gading - Sunter Timur - Gelanggang Remaja - Sunter Barat - Danau Sunter Barat (Jakarta International Stadium

-6.126477, 106.856241

Contact Info

Name : Ririh Pratista
Title : Assistant Manager Transportation - LRT Project
Email : ririhpratista@jakpro.co.id 


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