Lot A - West Ancol

Project Profile

Lot A – Ancol Barat is a 1.71-hectare prime waterfront site within the Taman Impian Jaya Ancol ecosystem, offering direct sea frontage outside the ticketed gate. The site is planned as an integrated mixed-use development including a 4-star hotel and convention centre, a middle- to upper-market apartment tower and a quick-win pre-development facility.

 

Market Opportunity

Jakarta’s hospitality market is recovering, supported by the government’s target of hosting more than 1,700 international MICE events by 2026. Growing corporate activities, leisure tourism, and demand from business executives and buy-to-rent investors continue to drive opportunities for integrated beachfront hospitality, convention, and residential developments.

 

Product Development
Mixed-Use: 4-Star Hotel + Convention Center + Middle-Upper Apartment + Quick Win (Pre-Development)
Hotel Class 4-Star Hotel
Number of Rooms 292
Room Rate IDR 1,307,000 – 1,500,000 / night
Apartment
Segment Mid- to Upper-Market
Number of Units 336
Unit Pricing 1BR: IDR 1.4 Billion
2BR: IDR 2.3 Billion
3BR: IDR 3.2 Billion

 

Project Structure
Hotel & Convention BOT arrangement
Apartment Land Status: HGB (Right-to-Build) over HPL (Land Management Rights)
Investment Scheme: Joint Development / Profit-Sharing with an Experienced Residential Developer
Quick Win Land Lease, Profit Sharing, or PJAA Self-Operation.

Investment Cost
IDR 1.10 Trillion
Expected Started Date

Year 0 (Immediate): Quick-win activation of the apartment development site

Financial Analysis

NPV : IDR 510 Billion
IRR : 21.01%
WACC : 12%
Payback Period : 8 Years
Cooperation Years : Hotel & Convention 50 Years, Apartment 7 Years

Land Area

Development Area: ± 17,142 m² (± 1.71 ha)
Total NLA: 40,643 m²
Total GFA: 59,459 m²

Location

Taman Marina, West Ancol, North Jakarta, Indonesia

6.116° S, 106.825° E

Contact

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