LRT CITY Tebet is a transit-oriented development (TOD) comprising residential, office, and retail components. Designed around the Balanced Life and Lifestyle concept, the project occupies a strategic location within one of Jakarta’s major public transportation hubs, offering direct access to Cikoko LRT Station, Cawang Commuter Line Station, and Cikoko Transjakarta Bus Stop, and is located just 3 km from Halim Perdanakusuma International Airport.
Demand: Market demand is driven by passengers using the LRT Jabodebek and KRL Commuter Line networks. Rental demand is further supported by the large number of office workers in the Cawang, Sudirman, and Kuningan business districts, as well as visitors to nearby hospitals.
| Segment | Retail / F&B |
|---|---|
| Area | 5,063 m² |
| Selling Price | IDR 46 Million / m² |
| Segment | Corporate Office |
|---|---|
| Area | 1,058 m² |
| Selling Price | IDR 50 Million / m² |
| Segment | Mid-Market |
|---|---|
| Type | Studio (70%), 1BR (20%), 2BR (10%) |
| Total Units | 589 |
| Selling Price | IDR 32 Million / m² IDR 700 Million – 1.6 Billion / unit |
| Partnership Scheme | Profit Sharing |
|---|---|
| Investment Sharing | Owner 77% / Investor 23% |
NPV : IDR 22.6 Billion
IRR : 20.39%
WACC : 9%
Payback Period : 8 Years
Cooperation Years : 2.5 Years
Development Area: 20,449 m²
Total NLA: 20,449 m²
Total GFA: 40,765 m²
Jalan MT Haryono, South Jakarta, Indonesia
Coordinates: 6.2426° S, 106.8562° E
Name : Taufiq Hardiyansyah
Title : Project Manager Property
Email : taufiq.hardiyansyah@adhi.co.id