Large and Versatile Plot

The land is ideal for various development projects, including apartments, landed houses, shopping malls, and commercial spaces like office buildings and manufacturing facilities, due to its central city location and proximity to the new capital.

This prime 38,000 square meter (3.8 hectares) plot in Penajam North Paser Regency presents an exceptional opportunity for developers and investors aiming to leverage the growth spurred by Indonesia’s new capital, Nusantara.

Perfectly suited for residential projects such as apartments and houses, as well as commercial ventures like shopping centers, office spaces, and manufacturing units, this land’s central location ensures excellent accessibility and potential for significant returns.

Capital Relocation from Jakarta to Nusantara

The Indonesia government plans to move 20,000 civil servants from Jakarta to Nusantara by the end of 2024, with 12,000 employees from 38 ministries set to relocate by December. To support this shift, 47 apartment towers are under construction, with 12 already completed, ensuring adequate housing.

Backed by USD 34 billion in combined government and private sector investment, Nusantara’s infrastructure and economy are rapidly developing. This significant in-flow of funding and population will drive demand for residential, commercial, and mixed-use properties, offering strong opportunities for investors seeking high returns in Indonesia’s emerging capital.

Key Location Advantages for Penajam Project

• Direct Connectivity: Only 5 minutes to Penajam Ferry Port, easy access to major Kalimantan cities, including Balikpapan.
• Travel Convenience: Just 1 hour from Sultan Aji Muhammad Sulaiman Sepinggan International Airport, providing convenient for domestic and international travel.
• Government Hub: The new Indonesian government offices will be based in IKN Nusantara, drawing more residents and boosting regional development.
• Growing Population: An estimated 1.9 million people projected to move into the area by 2045, with over 10,000 having already settled as of October 2024.

Proximity to Key Facilities

Within 30 minutes of government buildings and industrial hubs, boosting its attractiveness to both residential and commercial developers.

Just 45 minutes from Nusantara and only 30 minutes from a VIP airport, this property is perfectly positioned for mixed-use development that can meet the demands of a rapidly growing region.

Surrounded by key industrial players and upcoming infrastructure like the Trans Kalimantan Timur Selatan highway, the site ensures seamless connectivity and operational convenience.

High ROI Potential

Priced at IDR 1.900.000 (USD 120) per square meter, up to 80% below nearby areas. This affordable price reflects its early-stage growth, offering great value and entry into a high-growth market.

Projected return on investment of at least 20% per annum, driven by strong demand and regional growth.