Urban Jakarta Propertindo will develop project with TOD concept

Urban Jakarta Propertindo will develop project with TOD concept

  • October 22, 2018
  • in News

PT Urban Jakarta Propertindo (UJP) will develop a number of apartment project raising the concept of transit oriented development (TOD). This was conveyed by the Director of Business Development also Corporate Secretary of UJP Tri Rachman Batara in Jakarta, Tuesday (11/9/2018). “We will develop some apartment projects raising the TOD Concept,” he said to the journalist, Tuesday. One of the apartment projects with TOD concept now developed by the company worth IDR 1,05 trillion in 2017 was Urban Sky. “Targeting middle class community group, UPJ officially launched 1.700 apartment units in the first tower of Urban Sky with TOD Concept,” he said. The apartment located at Cikunir itu, he continued, is sold at price of IDR 13 million per square meter. “LRT Station is directly connected with Urban Sky Apartment area, the residents will not have to own private cars, but need only to use LRT which is easily accessible. They can save cost up to IDR 6 million per month,” he said. Urban Sky project worth IDR 1, 3 trillion is expected to be completed within less than two years. This project consists of two big towers with 3.300 apartment units. “This project has been given with principal permits required such as Building Permit and pile test permit. Adhi Persada Building (APG) is contractor engaged by UJP for its experience in building the facility with similar concept at other locations,” he explained. He added, In addition to Urban Sky, UJP is currently developing three projects with other TOD concept. The projects include Urban Suites apartment in Cikunir, Gateway Park in Jaticempaka and Urban Signature in Ciracas. The projects are undertaken by Joint Operation (KSO) with PT Adhi Commuter Properti.

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