Indonesian Political, Business & Finance News

Subsidised Apartments in Depok Starting at Rp 213 Million

| | Source: KOMPAS Translated from Indonesian | Property
Subsidised Apartments in Depok Starting at Rp 213 Million
Image: KOMPAS

DEPOK, KOMPAS.com – Finding a home with high accessibility in Depok City, West Java, no longer has to drain one’s finances. Amid soaring property prices in this Jakarta satellite city, a vertical housing scheme integrated with public transport provides a realistic solution for those seeking efficiency. According to the latest data from the Developer Aggregation Information System (Sikumbang), one standout project is Perumnas Mahata Margonda. This housing offers a balance between competitive pricing and a highly strategic location in the heart of Depok City. Developed by the state-owned enterprise, Perum Perumahan Nasional (Perumnas), the project is located in the Beji area, known as a hub for educational and economic activities. The units offered are Studio Type with a building area of 25 square metres. This specification is designed specifically to meet the needs of urban lifestyles, students, or young couples who prioritise functionality and ease of transport access. Market dynamics at Mahata Margonda show a positive trend with an occupancy rate reaching half of the total capacity. The main appeal of this housing is the Transit Oriented Development (TOD) concept. Its location directly adjacent to public transport facilities provides long-term benefits, both as a personal residence and an investment instrument. With 50% of units still available, this presents an opportunity for prospective buyers to secure a unit in one of Depok’s most valuable areas before stock is fully absorbed by the market.

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