The Pulogadung Industrial Estate (JIEP) in East Jakarta is one of the largest industrial zones in the city, showing signs of continued economic and commercial growth. Alongside this trend, the demand for strategically located vertical housing in the surrounding area continues to rise. However, the area still lacks modern retail facilities that not only meet daily needs but also align with today’s urban lifestyle trends.
Given these conditions, the primary target market for this project includes industrial estate workers, the local community as end-users, and property investors seeking opportunities in a rapidly developing area. The project site directly faces the northern secondary gate of JIEP and holds additional value potential with the possible development of future MRT access nearby.
Market Opportunity :
Target Market :
Apartment
Land Area : 4,143 m2
Total Gross Floor Area : 15,639 m2
Total Saleable Area : 12,576 m2
Retail : 980 m2
Apartment : 11,596 m2
Net Present Value : IDR 18.1 Bio
Investment Rate of Return : 40.94%
Weighted Average Cost of Capital : 11.21%
Payback Period : 12 years
2026
Bekasi Boulevard - Pulogadung Boulevard, Pulogadung Industrial Area
-6.183210, 106.917100
Name : Widya Hartanto
Title : VP Business Development & Planning
Email : Jiep@jiep.co.id