Jakarta – (1) one of the top 10 fastest growing destination cities – Compound Average Annual Growth of 18.2% from 2009 and 2016* and (2) Top 5 market for Hotel Management Agreements. Ideally located in the fast growing Southern Jakarta business district, TB Simatupang, and easily accessible from the Soekarno-Hatta International Airport. Surrounded by various facilities including malls, international schools, hospitals and golf course. Good support from MICE activities by the government.
*MasterCard City Index 2017
| Type | Sale of brand new international 4-star hotel |
|---|---|
| Location | TB Simatupang, Jakarta |
| Approved Use | Hotel |
| Tenure | HGB |
| Land Area | 3,600 sqm |
| GFA | 18,000 sqm |
| Development Details | A 18-storey hotel development with recreation and wellness facilities, restaurants, bars, meeting rooms and a ballroom. |
| Number of Keys | 150 – 170 |
| Estimated Completion | Q3 2019 |
* All figures are approximate or rounded off and subject to changes.
