Mixed-Use Development – South Jakarta

This project feasibility study was conducted for an undeveloped property located in an affluent neighborhood of Kemang, in South Jakarta.  The work was aimed to assist the developer client as part of its due diligence on a pending property purchase to develop a property within a matured community that is already a favorite destination in many well-established local professionals and foreign expatriates.  The study utilized in-depth market research to compile and determine the existing land price range in addition to the comparable housing product price comparison within the one-kilometer radius of the property.  The preliminary planning and design of this property was to showcase the marketability of the preferred building typologies.  The street-fronting ruko development attempted to capture the full commercial potentials of the east-west throughfare, while the rowhouse units were tucked in the backside of the property to offer as the ideal refuges from the hustle and bustle of the inner city.