East Ancol - 100 Ha

Project Profile

This project is planned as an integrated waterfront township spanning approximately 100 hectares, including a Movie & Music Destination Park, a five-star hotel and convention center, residential towers, Grade A office buildings, and commercial developments across 13 development blocks. East Ancol combines a strategic waterfront location, large-scale mixed-use development, and strong long-term investment potential.

 

Market Opportunity
Opportunity The development benefits from strong market opportunities driven by existing market gaps, including the lack of a 5-star beachfront resort and beachfront Grade A office space in Jakarta, as well as limited waterfront residential developments in North Jakarta.

 

Product Development
Residential & Others
Segment Middle-Upper (Apartment) | Middle (Low-Rise Residential) | Corporate/MNC (Grade A Office)
Total Units (Residential) Total Residential Units: 4,752 units
High-Rise Apartments: 3,132 units
Low-Rise Residential: 765 units
Mid-Rise Apartments: 654 units
Destination Park Site Area: 293,849 m²
Selling Price High-Rise Apartments: from IDR 29.4 Million / m²
Low-Rise Residential: from IDR 27.9 Million / m²
Grade A Office: Available for Lease
Commercial Plots: Available for Outright Sale
5-Star Luxury Hotel + Convention Center
Segment Luxury / 5-Star
Type Leisure Resort, Business, Convention (MICE)
Number of Rooms Hotel: 366 Rooms
Convention Facilities: up to 3,563 attendees
Room Rate Target ADR: IDR 1.9 Million / night
Target RevPAR: IDR 1.3 Million (based on 70% stabilized occupancy)

 

Project Structure
Cooperation Scheme Hotel & Park: Build-Operate-Transfer (BOT) or Joint Venture (JV) | Residential: Joint Development / Profit Sharing | Grade A Office: Land Lease or BOT | Office Park & Commercial Plots: Plot Sale | Phase 1 Activation Area: Profit/Revenue Sharing or Land Lease
Capital / Asset Contribution PIJAA: HPL (Land Management Rights) land contribution + equity partner role
Investors: Construction financing + operations per sector

 


Investment Cost
IDR 37.40 Trillion
Expected Started Date

2027

Financial Analysis

NPV : IDR 1.9 Trillion
IRR : 15.02%
WACC : 12%
Payback Period : 12 Years
Cooperation Years : 30 Years

Land Area

Development Area: ± 100 ha
Apartment NLA: ± 300,825 m²
Low-Rise Residential NLA: 99,054 m²
Grade A Office NLA: 43,898 m²
Office Park (2 clusters) NLA: ± 133,356 m²
Total GFA: ± 837,989 m²

Location

Taman Impian Jaya Ancol, North Jakarta (East Extension of Phase I / 20 Ha zone), Indonesia

Coordinates: 6.1143° S, 106.8488° E

Contact

Name : Nuri Hermila
Title : Corporate Strategy & Transformation
Email : partnership@ancol.com