Adhi Commuter Property Working on the LRT Market

By : Herry Barus And Aldi Firhand. A | Tuesday, September 25 2018 - 23:25 IWST

Logo PT Adhi Karya Tbk (ADHI) (seputarforex.com)
Logo PT Adhi Karya Tbk (ADHI) (seputarforex.com)

INDUSTRY.co.id - Jakarta - PT Adhi Commuter Property (ACP) a subsidiary of PT Adhi Karya (Persero) Tbk working on the market in a number of Light Rail Transit (LRT) mass transit lines, one of them in the East Bekasi area, Bekasi City, West Java.

"The results of the study of some of our surveys and current market properties (in East Bekasi) are 40 percent of private consumers and 40 percent are millennials," PT Adhi Commuter Property (ACP) President Director Amrozi Hamidi said here on Monday ( 09/24/2018)

According to him, his side together with PT Adhi Persada Properti (APP) has synergized to build an apartment in East Bekasi, precisely on Jalan Raya Joyomartono, East Bekasi, Bekasi City which borders Bekasi Regency.

The initial cooperation of the Adhi Karya subsidiary took an investment of Rp1.2 trillion to develop three Bekasi Timur-Green Avenue LRT City Apartment towers which are the second phase of the LRT from Bekasi Timur-Eastern Green City LRT.

The project stands on an area of ​​1k96 hectares on the side of the Jatimulya LRT stadium which is ready to be worked on from December 2018.

"In these three towers, a total of 2,668 units are available with tower 1 as many as 667 units, tower 2 1,334 units and tower 3 as many as 667 units with studio type, one bedroom and two bedrooms," he said.

PT Adhi Persada Properti's Director of General Engineering and Development, Pulung Prahasto, said that he had seen the potential that all infrastructure development in the city of Bekasi, which is the eastern part of Jakarta, would become a promising market for the property business sector.

The apartment in East Bekasi is the sixth project to be carried out by his party after Cisauk Point in Tangerang, Royal Sentul Park in Bogor Regency, Oase Park in South Tangerang, City Jaticempaka East Jakarta LRT, City Jakarta LRT.

Most of the projects stand on the side of the LRT line that runs from Jakarta to Bogor Regency.

With the construction of three apartment towers on the side of East Bekasi LRT station, it will increase the apartment residential supply according to consumer needs, in addition to the Grandhika City Apartment which is adjacent to the Bekasi Timur-Eastern Green City LRT.

"This is an opportunity, plus the Jakarta-Cikampek Toll Road, Jakarta Outer Ring Toll Road, Jakarta Elevated, Bekasi-Cawang-Kampung Melayu Toll Road (Becakayu) and Jakarta-Bandung Expressway," he said.

His side sees this as a potential for the development of the property market in a number of areas which are the crossing points of commuter communities.

"When these transportation facilities have combined and run, it is expected that there will be a surge in the needs of residential consumers through the synergy of accelerating regional development," he said. (Ant)

News Comment

Today's Industry

Citibank

Minggu, 18 April 2021 - 22:10 WIB

Citi Indonesia Reiterates Commitment to Customers During Sale Process of The Consumer Bank Business

Citi today reaffirmed there would be no immediate change to how it serves its local consumer bank customers, as it commences the sale process of its Indonesian consumer business, following the…

Indonesia Port

Sabtu, 17 April 2021 - 06:05 WIB

Indonesia's Export Value in March 2021 is Higher than February

Statistics Indonesia (BPS) released value of Indonesia's exports in March 2021 which reached US$18.35 billion, an increase of 20.31% compared to exports in February 2021, as well as compared…

Minister of Manpower Ida Fauziyah

Sabtu, 17 April 2021 - 05:10 WIB

Manpower Minister Urges BPJS Kesehatan to Speed Up Integration of JKP Beneficiaries’ Data

Minister of Manpower Ida Fauziyah has urged the Health Care and Social Security Agency (BPJS Health) to accelerate the integration of membership data for the social security program of laid-off…

Satgas COVID-19

Sabtu, 17 April 2021 - 04:19 WIB

COVID-19 Task Force Asks Regional Governments to Firmly Enforce Regulations on Eid Homecoming

The COVID-19 Handling Task Force through its spokesperson Wiku Adisasmito reminded regional governments to enforce the rules set by the Government in the Circular of Head of the COVID-19 Handling…

Minister of Villages, Development of Disadvantaged Regions and Transmigration Abdul Halim Iskandar

Sabtu, 17 April 2021 - 03:12 WIB

Gov’t Has Disbursed Village Funds to 34,053 Villages: Minister

The Government has disbursed Rp 11.361 trillion of Village Fund as of 12 April 2021, according to Minister of Villages, Development of Disadvantaged Regions and Transmigration Abdul Halim Iskandar.