AB Dharmawangsa

PAM JAYA has identified non-productive land and building assets across Jakarta, and many assest in prime locations. PAM JAYA intends to optimize high-value land, especially in South Jakarta. One of the assets owned by PAM JAYA is located in a premium area in the Dharmawangsa Business area. This land located just 3 km from Jakarta’s CBD and 210 meters from Blok A MRT Station, holds strong potential for Transit Oriented Development (TOD).

The proposed AB Darmawangsa (Area Bisnis) development includes a high-rise office building, apartments and commercial spaces with green open areas. The existing Water Tower will be transformed into a water-themed museum and gallery.

Market Opportunity :

• Sales rates for the upper middle segment achieves 74% to 94% absorption.
• The growth of the retail sector around the location has an occupancy of around 83 - 100% which indicates positive market growth.

Target Market :
Apartment :

• Jakarta 75% | Bodetabek 25%
• Professionals 50% | Entrepreneurs 50%

Office :

• Corporate 100%
• Professionals 50% | Entrepreneurs 50%