Jakarta Government to Build 12 Towers of Integrated Low-Cost Housing Next Year

Singapore's PropertyGuru Group, a leading online property group in Asia, appointed Hari V. Khrisnan as its new chief executive on Tuesday (06/09). (Antara Photo/Vitalis Yogi Trisna)

By : Jakarta Globe | on 5:15 PM June 09, 2015
Category : News, Jakarta

Jakarta. Jakarta Governor Basuki Tjahaja Purnama expects the construction of 12 towers of integrated, government-owned rental apartments, called rusunawa in Indonesian, to start next year.

Basuki made the announcement on Tuesday during the New Cities Summit taking place in Jakarta this week.

Basuki pointed to examples of private developers constructing apartments that were integrated with hotels and malls at the lower levels, as major developer Ciputra Group has done with Lotte Avenue, the site of the urban-planning summit. The Jakarta governor wants to pursue a similar concept with the rusunawa but at lower prices.

"Our integrated rental apartment complexes will have a similar concept: residential space above, a market below," Basuki said. "When Joko Widodo and I were running for governor and deputy governor, we floated this idea."

The Jakarta government requires each government-subsidized apartment in a rusunawa tower be 30 square meters at a minimum.

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