As Jakarta, the nation’s bustling business hub, continues to expand rapidly, the city faces a pressing issue: the shrinking availability of vacant land. This urban squeeze has pushed affordable vertical housing options, such as budget-friendly apartment in Jakarta, to the forefront as increasingly popular solutions for residents seeking both practicality and cost-effectiveness.
With the city’s population swelling and urban development accelerating, finding suitable housing is becoming more challenging. The diminishing land supply has led to a dramatic surge in land and property prices, making traditional standalone houses increasingly unaffordable.
In this tight housing market, affordable apartments offer a viable alternative. These vertical residences not only address the land shortage but also provide a range of benefits, including lower prices, greater convenience, and improved accessibility. Apartments are often seen as a more cost-effective choice compared to single-family homes.
Currently, the average price for a standalone house in Jakarta has soared to around IDR 2 billion. In contrast, there are still several affordable apartment options available for less than IDR 400 million. Many of these apartments are situated in central Jakarta and are well-connected to public transportation systems.
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According to a recent report by Bisnis, here are some affordable apartment options priced between IDR 200 million and IDR 300 million:
Sunter Park View
Located in North Jakarta, Sunter Park View is a project by PT Alam Jaya Perkasa. Positioned along Jalan Yos Sudarso, this apartment complex benefits from a prime location. Units here start at IDR 335 million for a one-bedroom, one-bathroom apartment with a total area of 35 m².
Green Pramuka, situated in Cempaka Putih, Central Jakarta, offers a variety of budget-friendly options. A 21 m² apartment with one bedroom and one bathroom is priced between IDR 230 million and IDR 250 million. For those needing more space, a 33 m² unit with two bedrooms and one bathroom is available starting at IDR 395 million.
Puri Mansion
Puri Mansion, developed by PT Agung Sedayu Group, is located in West Jakarta. Although it is somewhat farther from the city center, it is conveniently accessible via the Jakarta Outer Ring Road, just 400 meters away. The starting price for a unit here is around IDR 400 million for a one-bedroom, one-bathroom apartment with a 26 m² area.
Despite the ongoing challenges in DKI’s real estate market, affordable apartment in Jakarta continues to emerge as a practical and sustainable housing solution. With the right support from government bodies and developers, these affordable options can effectively meet the housing needs of Jakarta’s growing population and enhance the overall quality of urban living.