Jakarta, October 22, 2021 - The massive growth of the business climate in Indonesia in recent years has undeniably made Jakarta as the nation's capital city start to need new central business district (CBD) areas. One of the areas designated for the development of the new CBD is the East Jakarta Corridor area, considering that this area has quite adequate infrastructure facilities and land reserves that are very possible for the development of a central business district.

The integrated East Jakarta corridor starting from East Jakarta, Bekasi, Cikarang, Karawang to Purwakarta is currently the prima donna for the growth of the property business in the greater Jakarta area. This is inseparable from the strong economic base in the corridor and the rapid development of infrastructure that surrounds it, including; Jakarta-Bekasi-Cikarang-Bandung High-Speed ??Train, Patimban Port, Kertajati International Airport, APM Monorail, Jakarta-Cikampek Elevated Toll Road, and Cawang-East Bekasi-Cikarang LRT.

Managing Director of Urban Development of PT Modernland Realty Tbk., David Iman Santosa said, the rapid development of infrastructure in the East Jakarta Corridor has indirectly made the Jakarta Garden City Housing Area the leading gateway for the East Jakarta Corridor area today. In addition to its strategic location, Jakarta Garden City is also directly integrated with various infrastructure facilities and various vital objects along the East Jakarta Corridor to the tip of Java Island. It is no wonder that the number of global investors who choose Jakarta Garden City as their investment location in Indonesia has continued to grow in the last five years.

"The JGC area is surrounded by various modern infrastructure and the most complete accessibility in the East Jakarta Corridor. Only 30 minutes from the center of the Capital City of Jakarta, 10 minutes from Kelapa Gading, 15 minutes from Tanjung Priok port, 40 minutes from Soekarno-Hatta Airport, 90 minutes from Patimban port and 1 hour to Kertajati International Airport. And, most importantly, Jakarta Garden City is still within the DKI Jakarta area," said David Iman Santosa in his statement, Friday (10/22).

David Iman Santosa said, to support investment growth and respond to investor needs for the existence of a dynamic premium business center, the best facilities and strategic locations with high investment value in the Eastern Corridor, Jakarta Garden City launched the newest business center area titled Jakarta Business District, namely the newest commercial business area (CBD) covering an area of ??60 Ha equipped with various business activity facilities and located in a premium location.

"Today, PT Modernland Realty Tbk. officially introduces the Jakarta Business District area in Jakarta Garden City. In addition to the business center, the CBD area with an investment value of US$ 2 billion dollars is also directly integrated with the premium residential area, AEON Mall shopping center, IKEA, commercial areas, education centers and health centers," added David Iman Santosa when holding a soft launching event for Jakarta Business District at the New Sales Gallery Jakarta Garden City, Friday, (22/10).

"Jakarta Business District as a new CBD area in East Jakarta takes on a new mandate as the center of the new Jakarta economic infrastructure master plan. Jakarta Business District provides a “Huge Opportunity” or golden opportunity for all investors to join and follow the success of our international caliber investment partners such as Astra Land, Hongkong Land, Lotte E&C, AEON Mall, IKEA, Shell, and others,” said David Iman Santosa.

Therefore, PT Modernland Realty Tbk. offers the best opportunity for investors to participate in developing Jakarta Garden City into a Global City by having commercial investments in the Jakarta Business District and several other strategic locations.

Golden Moment of Jakarta Garden City

The developer PT Modernland Realty Tbk. continues to realize its commitment to develop the 370-hectare Jakarta Garden City township to become a global city, the largest and most complete modern residential area in East Jakarta. In the future, Jakarta Garden City will continue to add facilities and open the door to cooperation with investors, both domestic and foreign.

The rapid development in Jakarta Garden City which is supported by the high intensity of infrastructure and economic development in the East Jakarta Corridor area is a golden momentum for Jakarta Garden City. In actual conditions, the Jakarta Garden City area has very good accessibility and can be reached from all corners of Jakarta easily and quickly.

Jakarta Garden City is just a step away from the Jakarta Outer Ring Road (JORR) which is connected to the Inner City Toll Road and the Jakarta-Cikampek Toll Road. Another access is the Tipar Cakung bypass road which makes the trip from Kelapa Gading to Jakarta Garden City only 5 km away.

Most recently, the 9.3 km Kelapa Gading - Pulo Gebang Inner City Elevated Toll Road has also been officially opened. In addition, transportation shuttle facilities are available to the TransJakarta hub and commuter line station. With the addition of access to the Kelapa Gading - Pulo Gebang toll road, the location of Jakarta Garden City is increasingly strategic to access from all directions. Given the location of the in and out toll gates is not far from the Jakarta Garden City housing gate, it will be easier for residents to reach all areas in Jakarta and Bogor, Depok, Tangerang and Bekasi (Bodetabek).

Not only that, as a residential area with city-scale development, Jakarta Garden City is equipped with various supporting facilities for the lifestyle of its residents, ranging from shopping centers, health, schools (Global Mandiri School), modern markets, Shell gas stations, IKEA, commercial areas to culinary facilities.

Through the Jakarta Business District, Jakarta Garden City provides many investment opportunities to develop within it. Located in the heart of Jakarta Garden City, the development of the Jakarta Business District will become one of the most significant and productive business centers in East Jakarta and of course the eastern part of Jakarta.