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[Tenggarong] Invest in the Future of Nusantara, Indonesia's New Capital

Property DevelopmentEmpty LandHousing Project

Size

30,000 square meters

Price

IDR 200.000 (USD 13) per square meter

Location

Tenggarong Seberang, Kutai Kartanegara Regency, East Kalimantan, Indonesia

Owner

Direct Owner

Property Type

Land

Published Date

14 October 2024

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Project Overview

This 30,000-square-meter property in Tenggarong is an excellent opportunity for investors and developers. Known for its rich history as a former royal city with famous museums, Tenggarong is perfect for building homes or tourist-related projects.

 

The land is currently a natural jungle with beautiful mountain views, great for villas or mixed-use projects. It is only 15 minutes from Samarinda, 30 minutes from the airport, and 10-15 minutes from residential areas, universities, and hospitals, providing a convenient location with lots of potential.

 

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.

 

Tenggarong’s cultural background and appeal as a tourist spot make this property a smart choice for attracting residents and visitors alike. This is a rare opportunity to invest in land that will grow with Nusantara.

 

If you want to buy

The asking price is IDR 200.000 per square meter (about USD 13), offering a strategic and affordable entry point for investors. With ongoing development, the projected return on investment (ROI) could reach an impressive 30-50%.

 

This growth is further supported by nearby infrastructure projects and an increasing population in the area, promising future value appreciation.

 

If you want to invest (partner) with us

This land is ideal for developing homes, villas, or mixed-use spaces. The location’s proximity to the main road and upcoming infrastructure enhancements will add significant value. These developments, along with a growing population, contribute to boosting property prices and creating higher demand in the near future.

Highlights

Nusantara’s: Population & Investment Growth

By the end of 2024, 20,000 civil servants will be relocated from Jakarta. To support this, 47 apartment towers are in progress, with 12 already completed. USD 34 billion in government and private investments will drive the development of Nusantara, Indonesia’s new capital.

 

Strategic Location

Located just 15 minutes from Samarinda and 30 minutes from Airport. 15 minutes to universities, hospitals, and sports facilities.

 

Investment Potential

The property promises an impressive ROI of 30-50%, driven by its strategic location, and ongoing infrastructure growth.

Investment Options

Buy

Buy the land at a great price and develop it your way, taking advantage of the growing demand in the area.

 

Invest (Partner or Custom)

Partner with the owner to develop the land together, combining resources and expertise for maximum returns. Collaborate on a tailored investment plan that leverages the land’s full potential.

Contact Us

Discover the Perfect Investment Opportunity

Don’t miss out on the opportunity for property investment in Indonesia. Contact us today to learn more, schedule a viewing, and discover for yourself why this property is the perfect choice for your investment needs.

Get in Touch with Mr Andy
Project Director

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Feel free to reach out directly for any inquiries or to schedule a visit.

 

Email: info@nusantarainvestment.com

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