Jakarta River City (JRC) is a 6-hectare integrated mixed-use development located on Jl. MT Haryono, Cawang, East Jakarta, developed by PT Jakarta River City, a subsidiary of PT WIKA Realty, in collaboration with PT Urban Jakarta Propertindo Tbk. The project adopts a Transit-Oriented Development (TOD) concept with direct connectivity to LRT, commuter rail, and major toll roads. The masterplan includes eight residential towers, one office building, and a commercial area
Jakarta’s property market offers strong growth potential, driven by rising demand, limited new supply, expanding transportation connectivity, expansion of transit-oriented developments (TOD) and the recovery of tourism and business activities. These factors support the long-term viability of integrated mixed-use developments and their ability to create sustainable investment value.
| Segment | 4-Star Hotel |
|---|---|
| Type | Business |
| Number of Rooms | 235 |
| Rental Rate | IDR 777,000 / night |
| Segment | Urban Lifestyle & Entertainment |
|---|---|
| Total NLA | 12,960 m² |
| Selling Price | IDR 47.5 Million / m² |
| Segment | Lifestyle Business Hub & Flexible Grade A Office |
|---|---|
| Total NLA | 6,800 m² |
| Selling Price | IDR 38.8 Million / m² |
| Segment | Mid-Market |
|---|---|
| Total Units | 4,073 |
| Selling Price | IDR 44.3 – 61.8 Million / m² IDR 1.55 – 4.45 Billion / unit |
| Partnership Scheme | Joint Venture Equity Participation |
|---|---|
| Investment Sharing | Existing Shareholder 72.94% New Investor 27.06% |
2027
NPV : IDR 2.3 Trillion
IRR : 17.1%
WACC : 10%
Payback Period : 6.06 Years
Cooperation Years : 13 Years
Development Area: 60,304 m²
Total NLA: 226,440 m²
Total GFA: 263,025 m²
Jalan Letjen M.T. Haryono, South Jakarta, Indonesia
Coordinates: 6.2437° S, 106.8630° E
Name : Redisya Gilang Permana
Title : Strategic Business Development Manager
Email : redisya_gilang@wikarealty.co.id