Intercity Point Jatibaru

Project Profile

Intercity Point Jatibaru is a mixed-use development that will transform Tanah Abang into a vibrant, well-connected urban hub. By integrating residential, commercial, office, and public functions within a TOD framework, the project will enhance accessibility, strengthen regional connectivity, and establish a new urban identity.

Product Development
Hotel
Segment 3+ Star
Number of rooms 212 rooms
Rental price Superior: IDR 500,000/night (incl. PPN)
  Deluxe: IDR 625,000/night (incl. PPN)
Apartment
Segment Middle segment
Number of units 584 units
Selling price IDR 26,800,000 / m²
Retail
Segment Low - Middle segment
NLA 2,900 – 175,017 m²
Selling price Rent: IDR 180,000 – IDR 1,650,000 / m²
Market Opportunity

The development is designed to cater to KRL commuters, meeting facility users, and visitors to Tanah Abang Market by providing convenient accommodation. It also provides an attractive residential option for those seeking city-centre living with direct access to public transportation.

Project Structure

Partnership Scheme: JV
Investment Sharing: MITJ 25 % / Strategic Partner 75 % (can be proposed and discussed further)


Investment Cost
IDR 1.20 Billion
Expected Started Date

 2027

Financial Analysis

NPV : IDR 295,226,242,000
IRR : 17.40%
WACC : 10.00%
Payback Period : 7 Years
Collaboration Period: 30 + 20 years

Land Area

Development Area: 15,035 m2
Total NLA: 65,519 m2
Total GFA: 84,381 m2

Location

Jl. Jatibaru Raya RT.15/RW.1, Cideng, Gambir District, Central Jakarta City

6°11'02"S 106°48'41"E

Contact

Name : Seno Pranata
Title : Group Head of Business Development
Email 1 : pseno@mitj.co.id 
Email 2 : busdev@mitj.co.id