{
    "success": true,
    "data": {
        "id": 1760246,
        "msgid": "manggarai-set-to-become-jakartas-second-cbd-developed-by-kai-to-rival-scbd-1779541942",
        "date": "2026-05-23 19:00:03",
        "title": "Manggarai Set to Become Jakarta's Second CBD, Developed by KAI to Rival SCBD",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Infrastructure",
        "summary": "Manggarai's station precinct is to be developed into Jakarta\u2019s second CBD under a 62-hectare TOD led by KAI, with ambitions rivaling SCBD. The project begins with three towers on 2.2 hectares, followed by eight towers on 1.6 hectares, with construction expected to start mid-2026 and handover within about 13 months. The apartments are larger than typical subsidised units (45\u201354 sqm) and financing is arranged with BTN.",
        "content": "<p>Jakarta, CNBC Indonesia \u2013 The Manggarai Station area is being\nprepared as a new business hub in Jakarta. PT Kereta Api Indonesia (KAI)\neven targets the area to grow to be on a level with Sudirman Central\nBusiness District (SCBD).<\/p>\n<p>Chief Executive Officer Bobby Rasyidin said the development will\ncover an area of 62 hectares using a Transit Oriented Development (TOD)\nconcept. The area will not only house apartments but also business,\ncommercial, and entertainment zones.<\/p>\n<p>\u2018This Manggarai area spans 62 hectares and we will design it to\nbecome Jakarta\u2019s second CBD, on par with SCBD,\u2019 Bobby said, citing\ndetikcom, Saturday (23 May 2026).<\/p>\n<p>Bobby said the development concept is direct instruction from\nPresident Prabowo Subianto. He is said to have asked for the Manggarai\narea to be equipped with premium facilities such as a convention hall\nand five-star hotels.<\/p>\n<p>\u2018So, the President asked me to design it as Jakarta\u2019s second CBD, and\nif necessary include a five-star convention hall, a five-star hotel, and\na five-star leisure district as well,\u2019 he said.<\/p>\n<p>In the initial phase, the project will begin on 2.2 hectares with the\nconstruction of three towers on an 8,000 square metre site. In the\nsecond phase, eight towers will be built on a 1.6-hectare site.<\/p>\n<p>KAI targets construction to commence in July to August 2026. The\ncompany also hopes the construction and handover of units can take about\n13 months.<\/p>\n<p>Additionally, the apartments to be built are described as larger than\ntypical subsidised housing. The units will range from 45 to 54 square\nmetres.<\/p>\n<p>For the first phase, KAI has partnered with Bank Tabungan Negara\n(BTN) for construction financing and home purchase loans (KPR).<\/p>\n<p>\u2018We have considered that these units will be suitable for growing\nfamilies,\u2019 Bobby said.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/manggarai-set-to-become-jakartas-second-cbd-developed-by-kai-to-rival-scbd-1779541942",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}