JAKARTA. Property growth in the West corridor of Jakarta has experienced significant development along with the presence of a new satelite city. With the increasing number of property developments in the region, it is expected to be able to reduce the number of housing needs (backlog) in Indonesia. Property observer and Chief Executive Officer of Indonesia Property Watch Ali Tranghanda explained, property development in West Jakarta is very high. The high price of land in the capital city is the main factor for urban people to buy property in West Jakarta.
"This is because the development of the city and the level of demand in the region are still quite high. Plus the price of land in Jakarta is already expensive," Ali said in his statement, Thursday (13/7). Also Read: Having Many Advantages, Agung Podomoro Property Projects Win Awards An independent city located in the West corridor of Jakarta and experiencing significant development, one of which is a property product owned by trusted developer Agung Podomoro. The area, dubbed The Next Serpong, is projected to build 21 residential clusters on an area of 650 hectares. Interestingly, this area has been equipped with premium club houses and green belt areas to support consumer lifestyles as well as water treatment, and internet facilities.
Reporting from www.kotapodomoro.com's official website, Kota Podomoro Tenjo will have commercial, educational, worship, beauty, health, and transportation facilities that will facilitate residents' daily activities. Especially for transportation facilities, Kota Podomoro Tenjo is also building Grand Transit Oriented Development (TOD). This facility will connect Kota Podomoro Tenjo with Tigaraksa KRL Station. The progress of TOD construction will be completed and can be inaugurated to the public in 2024.
According to Ali, Kota Podomoro Tenjo will continue to experience growth in property demand along with the variety of quality facilities presented by developers. Moreover, the price offered by the developer starts from IDR 220 million. "Kota Podomoro Tenjo has qualified as an satelite city because everything exists and is supported by quality facilities. In addition to toll access, Kota Podomoro Tenjo is also favored with TOD connected to KRL. The demand will be pretty good," Ali said. With the increasing demand for property and affordable prices for consumers, Ali believes Kota Podomoro Tenjo will also contribute to reducing the backlog in Indonesia which reached 12.71 million. Also Read: Here's Agung Podomoro's (APLN) Strategy to Optimize 2023 Momentum "Kota Podomoro Tenjo took the opportunity to reduce the backlog even though it is not a subsidized house but a minimum price of IDR 220 million. Kota Podomoro Tenjo entered all segments and was favored with TOD," said Ali.
From May 9, 2023 to the end of July 2023, Agung Podomoro together with Bank Mandiri provide access to financing that makes it easier for consumers to own property, one of which is Kota Podomoro Tenjo, through the Easy Pay program. With this program, consumers will get various conveniences ranging from one-day approval, low interest of 3.65% fix three years, free of Home Ownership Loans (KPR) up to 5%, so that it will be easier for consumers to get housing in Kota Podomoro Tenjo at affordable prices.
