Project Overview
XGL development is the first mixed-use development located in Kota Tua Jakarta. This project will develop hotels, retail and various supporting facilities to support the growth of tourism in Kota Tua Jakarta. At the same time, it captures the potential traffic from users of mass transportation modes. This area is close to the Jakarta Kota KRL station and in the future development will have direct access to the MRT Station.
Market Opportunity :
- The average daily KRL ridership continued to rise, especially to visit Kotatua Jakarta
- The growth of tourism to various destinations in the old city of Jakarta is reflected in the growth of the retail sector, especially F&B.
Target Market :
Hotel :
- Domestic 90% | International 10%
- Corporate 85% | Traveler 10% | Family 5%
- Meeting Group 75% | Leisure 15% | Commercial 10%
Retail :
- Jakarta 95% | Bodetabek 5%
- Family 65% | Professional 35%
- Leisure 60% | Meeting Point 40%
Land Area : 5,919 m2
Total Gross Floor Area : 47,629 m2
Total NLA : 23,479 m2
Retail Area : 12,700 m2
Hotel & MICE : 15,822 m2
Office : 1,700 m2
Investment Rate of Return : 11.42%
Weighted Average Cost of Capital : 8.22%
Payback Period : 9 years
2028
Pintu Besar Selatan street
-6.140113, 106.813367
Name : Baskara Dharma
Title : TOD Advisor, PT MRT Jakarta (Perseroda)
Email 1 : dbaskara@jakartamrt.co.id
Email 2 : tod.division@jakartamrt.co.id
