Bogor becomes more attractive for properties

November 18, 2016, 03.06 PM  | Reporter: Dede Suprayitno
Bogor becomes more attractive for properties


JAKARTA. The acceleration of infrastructure projects, including the projects of mass transportation in the Greater Jakarta (Jabodetabek) area has bring positive impacts to property business. One of the favorit areas is Bogor, West Java.

Some developers have already set their sights to the area, which is located in the southern part of Jakarta. Understandably, before the infrastructure projects ran, Bogor has been connected to the adequate infrastructures, namely Jagorawi toll road and the commuter train line (KRL).

According to the Director of Sales and Marketing of PT Megapolitan Development Tbk (EMDE), Desi Yuliana said that one of the attractive area for investors is Sentul, which is located around Bogor. She claimed that investors from Jakarta, Depok, Tangerang, and Bekasi are attracted to buy properties in the area.

Aside of close to Jagorawi toll road, Sentul has other advantages. “It is close to the project of light rail transit (LRT), and is connected to another access, namely toll road,” she told KONTAN, Thursday (17/11).

She projected the construction of Cibubur - Bogor LRT lane will be completed in 2018. The corridor will consist of four stops, namely Cibinong, Sentul Circuit, and the last stop of Bogor Municipal. If the project is realized, he predicts that the area around Bogor, such as Serpong in South Tangerang will be more attractive for investors.

Megapolitan Development has a project in Bogor, namely Vivo Sentul. The developer is developing an integrated property project, as Bogor area still does not have a business center or central business district (CBD).

Besides Megapolitan, some other developers also are working on projects in Bogor. For examples, Perdana Gapuraprima, which is developing Bukit Cimanggu City residential project, as well as Sinar Mas Land with its classical project Kota Wisata that expands to the area of Bogor Regency.

Chairman of Real Estate Indonesia Eddy Hussy said that Bogor has been integrated to the Greater Jakarta area (Jabodetabek) so that the mobility of the population in the surrounding area is quite high. “This is an area with high potentials, and will be developed in the future,” he told KONTAN.

Namun, ada juga pengembang yang belum tertarik mengembangkan proyek di wilayah Bogor. Salah satunya adalah Grup Ciputra.

Menurut Harun Hajadi, Managing Director Grup Ciputra, pihaknya masih belum tertarik membangun superblok di wilayah Bogor. "Memang belum ada rencana," katanya.

However, some developers who have not been interested in developing projects in Bogor. One of them is the Ciputra Group.

According to Managing Director of Ciputra Group Harun Hajadi, the company has not yet been interested in constructing a super bloc in Bogor. "Indeed, there is no plan," he said.

(Muhammad Farid/Translator)

Editor: Rizki Caturini

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