The attitude of property developers towards the presence of mass\ntransit in Jakarta has reportedly changed dramatically. Previously, some\ndevelopers rejected having their buildings connected to the Jakarta MRT,\nbut now some are willing to shift their property boundaries to provide\nmore comfortable space for pedestrians. This is despite the fact that\nthe HI central area of Jakarta is the most expensive in Indonesia, with\nvalues reaching Rp300 million per square metre.<\/p>\n
President Director of PT Integrasi Transit Jakarta Ferdiansyah\nRoestam revealed that this change has occurred as the benefits of public\ntransport connectivity for property areas have become increasingly\napparent. He recounted that in 2017-2018, when the Jakarta MRT was still\nin its early development stages, his team had to work hard to convince\ndevelopers to connect to the MRT network.<\/p>\n
\u201cIn 2017-18, ahead of 2019, MRT spent considerable effort convincing\nall developers: \u2018we bring the value added to you\u2019. \u2018Oh really? It won\u2019t\nhappen,\u2019 \u2018Really? It won\u2019t happen?\u2019\u201d said Ferdiansyah at Wisma Nusantara\non Wednesday (19\/8\/2026).<\/p>\n
In fact, some developers openly rejected the presence of MRT access\nin front of their properties. The MRT team at that time had to\nrepeatedly visit developers to offer connectivity.<\/p>\n
\u201cI know exactly how my MRT colleagues were knocked on and then chased\naway, knocked on and chased away, \u2018No, no, there is no successful\nprecedent. Get out, get out, get out, I don\u2019t want an MRT gate in front\nof my building\u2019,\u201d he said.<\/p>\n
However, the situation has now changed. Developers are beginning to\nsee connectivity with public transport as an added value for their\nproperties. One example occurred in the construction of the Extended\nConcourse in the Bundaran Hotel Indonesia (HI) area. Ferdiansyah said\none shopping centre on the side of the project was even willing to move\nits setback area back by up to 80 centimetres.<\/p>\n
\u201cOne of the malls on the side of the Extended Concourse was even\nwilling to move its setback area back by up to 80 cm so that people on\nthe pedestrian walkway would be more comfortable once the Extended\nConcourse is completed,\u201d said Ferdiansyah.<\/p>\n
This decision shows that developers are now beginning to have a\ndifferent paradigm. They are not only pursuing profit from property, but\nalso see the quality of public services and connectivity as part of the\nvalue of the area.<\/p>\n
\u201cSo now it turns out that we and MRT have met with a new paradigm.\nThese top-tier developers are now competing in terms of pride, \u2018I want\nto contribute to more decent public services because ultimately people\nwill enter my property more comfortably\u2019,\u201d he said.<\/p>\n
Ferdiansyah believes that MRT connectivity ultimately provides\ntwo-way benefits. The public gets more comfortable transport and\npedestrian access, while property owners get better access for visitors\nand potential customers.<\/p>\n
\u201cAt the end, the benefit is not for MRT, not for MRT management, the\nbenefit is for the public. Who doesn\u2019t want a wider pedestrian walkway?\nIt turns out they moved back 80 cm,\u201d he said.<\/p>\n
Meanwhile, land prices around the HI area are the most expensive in\nIndonesia. There is one corridor that is the prime location and also\nsets the highest record. Access factors, area prestige, and market\nabsorption keep this area at the top. The most expensive point is in the\nheart of Jakarta\u2019s economic activity.<\/p>\n
\u201cThe most expensive is at the fixed point of the main\nThamrin-Sudirman corridor. Thamrin-Sudirman reaches Rp300 million at the\nhighest,\u201d said Country Head of Knight Frank Indonesia Willson Kalip to\nCNBC Indonesia some time ago.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/jakarta-developers-attitude-shifts-dramatically-due-to-mrt-whats-behind-it-1787640665", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }