Jakarta, CNBC Indonesia – The construction of Transit Oriented Development (TOD) is getting more massive in the Greater Jakarta area, due to mass transportation such as LRT and KCIC. So what is the effect of mass transportation on property development in the vicinity?
According to Rizkan Firman, Main Director of Adhi Commuter, the property being developed around the LRT is the answer for people who want to directly enjoy living near the station. Even so, a number of challenges are also faced in developing TOD properties, one of which is the already high land price.
In full, watch Dina Gurning’s dialogue with Rizkan Firman, Main Director of Adhi Commuter Property at CNBC Indonesia’s Property Point Program, Wednesday (6/08/2023).