The Advantages of Investing in a House in South Jakarta – Investing in a home is one of the best types of investment, by investing in a home you can get long-term benefits. The following is a guide to investing in a home in South Jakarta.
Housing in South Jakarta is an elite area in the capital since the early independence of the Republic of Indonesia. Kebayoran Baru, which was built in 1949, is the second oldest housing complex after housing in the Menteng area of Central Jakarta which was developed by the Dutch government in 1914. This residential area was designed by architect H. Moh. Soesilo in 1948. The groundbreaking was carried out on March 8, 1949 and construction of the estate and houses for sale in the area was completed in 1955.
The concept used is a garden city, a concept that is widely used by home developments for sale in the modern era. In this concept, green open space as public property receives special attention, in addition to houses for sale. The location chosen is the area near Kebayoran Station on the east side of Kali Grogol.
In addition to having land allotted for green open space which has their respective functions in the new town of Kebayoran, covering an area of approximately 730 hectares, in this location, housing units for sale and shops are also built which are placed based on blocks. Each block is named alphabetically, from Block A to Block S.
After Kebayoran Baru developed, settlements and houses for sale shifted to the South, namely to the Kemang area. Originally, around the 1960s, the Kemang area was a satellite area of Kebayoran Baru which was bustling with houses for sale in the 1950s. The development of the Kemang area began in the 1970s, when developers offered houses for sale on a large scale in the area which is currently on Jalan Kemang Dalam.
Many Shopping, Culinary and Entertainment Centers
Not only being an elite area with large houses for sale, South Jakarta is also the most popular shopping, entertainment and culinary center in the capital. From the 1980s to 1990s, the Blok M area was the busiest shopping and entertainment center in Jakarta.
After the Blok M area dimmed, several shopping centers became favorites, namely Pondok Indah Mall (PIM) 1 and 2, Cilandak Town Square (Citos), Kota Kasablanka, Pacific Place SCBD, and Plaza Festival (previously known as Pasar Festival). Meanwhile, Kemang is a culinary and entertainment area bustling with young executives and expatriates.
The bustling shopping and entertainment centers in South Jakarta open up investment opportunities for rental properties. If you see a house for sale in a busy area, the house for sale can be used as a rental house or boarding house targeting employees who work in the shopping and entertainment center.
A number of universities, both public and private, are located or bordering South Jakarta. At least there are several large campuses located around South Jakarta, apart from the Pancasila University campuses, such as the University of Indonesia and Gunadarma University in Depok, as well as the Syarif Hidayatullah State Islamic University (UIN) in South Tangerang.
If you want to invest in property, look for homes for sale around these well-known campuses. In addition to the potential for a high enough price increase when the house is resold, the potential for rent is also attractive — by targeting students studying on these campuses.
South Jakarta and Central Jakarta are the first office areas in Indonesia, which stretches from Jalan MH Thamrin to Jalan Jenderal Sudirman. This area is still the CBD (central business district) of Jakarta and is very potential for property investment. In this area it is indeed difficult to find houses for sale, but you can look at the apartment sector instead.
Another area that is still part of Jakarta’s golden triangle is Jalan Rasuna Said. This office area is also potential, not only for apartment investment, but also for sale houses. This is because Rasuna Said is still surrounded by densely populated settlements, such as Setiabudi, Menteng, and Tebet – which still offer many houses for sale.
The new office area that is present in South Jakarta is located at Jalan TB Simatupang. Developing at the beginning of the new millennial, the TB Simatupang area offers grade A to grade C offices. The potential for the home business for sale around TB Simatupang is also quite attractive, because in addition to houses being sold second-hand, around this office area there are still houses for sale by developers in new conditions, although the supply is limited.
Infrastructure and Public Transportation
The infrastructure in South Jakarta is fairly complete. In addition to the Inner-City Toll Road, which has been operating since the 1990s, South Jakarta is also split by several toll roads, such as the Jakarta Outer Ring Road (JORR) and Desari (Depok – Antasari) Toll Road which will be connected to the JORR 2 toll road. , Jagorawi, and Bogor Outer Ring Road (BORR) to Ciawi and Sukabumi. The investment potential for houses for sale around these toll roads is considered high.
On the other hand, public transportation in South Jakarta is very capable, because the KRL Commuter Line passes. There are at least eight KRL (electric train) stations in South Jakarta, from Tebet Station to Pancasila University. This KRL station area is also worthy of being an investment option for homes for sale. Meanwhile, the MRT (Moda Raya Terpadu), which only operated last year, opened an investment for houses for sale around its crossing routes, especially near stations.
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Water absorption region
Geographically, South Jakarta is a water catchment area, where there are many lakes or lakes. For this reason, the Government regulates the Basic Building Coefficient (KDB) to be quite low in South Jakarta, which is only around 30 percent. This means, of a plot of land, only 30 percent can be used as a house for sale. The rest is used as green open space (RTH) or open public facilities. With this KDB regulation, of course, the price of houses for sale in South Jakarta is higher than in areas with a higher KDB.
Second Home Options
Housing development that has been going on for more than half a century in South Jakarta, has made this area saturated. There is not much land available for sale in the primary market. However, for those of you who have thick pockets, you can still look for houses for sale on the secondary market, aka second homes in South Jakarta.