Property Investment in East Jakarta Corridor

President of the Republic of Indonesia, Mr. Joko Widodo, to review the progress of the Jabodebek LRT which has reached 84.7 percent

LRT CITY.COM - PT Adhi Commuter Properti, a subsidiary of PT Adhi Karya (Persero) Tbk is proud of the visit of the President of the Republic of Indonesia, Mr. Joko Widodo, to review the progress of the Jabodebek LRT which has reached 84.7 percent. PT Adhi Commuter Properti has just carried out a soft launch of LRT City Cibubur, an area that is integrated with the Harjamukti LRT Station, last April.

In addition, last May, PT Adhi Commuter Properti succeeded in releasing bonds worth Rp 500 billion, which indicates that investor confidence in the property sector, especially in Adhi Commuter Properti is very high. This is because the development carried out by PT Adhi Commuter Properti is unique, namely, a residential concept based on the TOD (Transit Oriented Development) approach which is located on the LRT line.

In 2021, a fresh wind will blow towards the East Jakarta Corridor for the property sector. The potential of the East Jakarta Corridor continues to increase given the condition of land prices which are relatively lower than those in the West Jakarta area.

“For example, in the Cibubur area, we see that this area continues to show significant growth as one of the impacts of infrastructure development in the East Jakarta Corridor, especially the LRT. During this pandemic, people should be able to increase the value of their investment," said Director of Business Development of PT Adhi Commuter Properti Rozi Sparta.

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