Refleksi Karya 2.0 x Lokasolution: Unveiling Property Trends and Insight for Tomorrow Cities

UrbanDesign&PropertyIndustry TheFutureofIndonesianRealEstate,Architecture,

February2025

DanendraArdiyanto|ProjectLeader

DanendraisanUrbanandRegionalPlanningstudentatInstitutTeknologiBandungwholovesto learnnewthingsandquicklyadapttosurroundingsbyusinghiscreativethinkingtosolve problems.He’sbeenaSocialandDemographicResearchAssistantInternatBP2DJabar

NaifathayaCalistareta|ViceProjectLeader

Neva isanUrbanandRegionalPlanningstudentatInstitutTeknologiBandungwholovestoexploring thingstosolveproblems,especiallyinUrbanPlanningarea.Shehasaninterestineventplanning conceptingandconsultingandhassomeexperienceasaleader ineventplanning.

AnnisaRezkyaAdinda

|PICResearch

Kia isanUrbanandRegionalPlanningstudentatInstitutTeknologiBandungwholovestoexplore newthings,docollaborationtosolveproblemsthroughconsultantapproach,andenjoys discussingaboutenvironmentalissues.

FadhilaSaffanaMukti|PIC Dissemination

FadhilaisanUrbanandRegionalPlanningstudentatInstitutTeknologiBandungwholovesto learnnewthingsandquicklyadapttosurroundingsbyusinghiscreativethinkingtosolve problems.

MuhammadNabilRahabibie|Analyst

Nabil is an undergraduate Urban and Regional Planning Student at Gadjah Mada University. Nabil has interests in urban design, urban development and policy, and project management. He is very dedicated and motivated to do all the activities that are considered to give him new experiencesandthings.

MuhammadKhairulSuryonegoro|Analyst

Asafinal-yearUrbanandRegionalPlanningstudentatITB,Khairullovestotalkabouturban transportationandlivablecities.PreviouslyinterningasapolicyanalystatBappenas,he participatedinresearchandthedraftingofthenationalstrategicplan.

MuhammadFauzanArfanjani|Analyst

Fauzan isanUrbanandRegionalPlanningstudentatInstitutTeknologiBandungwholovesto learnnewthingsandquicklyadapttosurroundingsbyusinghiscreativethinkingtosolve problems.

ZahranRayssalGhaza|Analyst

AnITBurbanplanningstudent,Ghazahasastronginterestinrealestate.Hepreviouslyworked intheadvisoryandtransactionsteamattheworld'sbiggestCREservicefirm,withatotalof12 monthsofprofessionalexperience.

NadaIzdiharFalisha|Analyst

NadaisanUrbanandRegionalPlanningstudentatInstitutTeknologiBandungwholovestolearn newthingsandquicklyadapttosurroundingsbyusinghiscreativethinkingtosolveproblems.

AldrinZaydanMuhtadi|Analyst

Aldrin isanUrbanandRegionalPlanningstudentatInstitutTeknologiBandungwholovestolearn newthingsandquicklyadapttosurroundingsbyusinghiscreativethinkingtosolveproblems. Passionateabouturbandesign,transportationmanagement,anddevelopmenteconomics.

MarketResearch

Leisure

New

Residential

Commercials/Retail

Office

Healthcare

Education

Urbanism

Roads/Transportation

Whileroomsupplyhasfluctuatedovertheyears,occupancyratesconsistentlyincrease.

Demonstratingagrowingdemandalignswiththeexpandingavailabilityofrooms.

Thenumberofavailableroomsfluctuatedoverthe years,withasignificantincreasein2024reachingthe highestpointintheperiod

AnnualSupplyRooms

Occupancyratesshowanincreasingtrendsfrom yeartoyearwith2024recordingthehighestfigure andbetterstabilitycomparedtopreviousyears

Salanto,F.,&Yonasari,N.(2025,January13).Colliersquarterly

Colliers.

Salanto,F.,&Yonasari,N.Colliers

LeisureTrendsinJabodetabekaremainlydominatedby3−starhotels, butsomeinterestingnewtrendsareemerging

MostIndonesiansprefertostayinhotelswhenonvacation withcertainpreferences

around 78% of Indonesians plan to spend some or all of their vacation time inhotels.1

UniqueTrendslikecabindancapsulehotelsarebecomingafresh breathinJabodetabek’shospitalitymarket

CapsuleHotel

Capsule concept hotel rooms are starting to gain interest in the Indonesian tourism industrybecausetheyofferuniquefeatures.

Bobobox, an accommodation company and the first and largest capsule and cabin hotel operator in Indonesia,currentlyinnovatingbycreatingBobocabin.

Operatesin16locationsacrossthecountry

In 2024, Badan Pusat Statistik (BPS) of DKI Jakarta noted that three-star hotels are the main choice forguests.

Oneofthebasicfacilitiesthatarecurrentlytrending anddesiredbyvisitorsisStreamingService.

Bobocabinisaccommodationthat combinestheexperienceofglamping (glamorouscamping)innaturewithatouch ofhigh-techInternetofThings(IoT).

BoutiqueHotel

These hotels offer a unique design and atmosphere, more intimate and personalizedatmosphere,

CabinHotel

boutique hotels are often located in attractive and exclusive neighborhoods, providing guests with a distinctive stay experience.

GranMahakam

Typical2−3StarsHotelforshortand businesstrips

While4−StarsHotelsarethesweetspots formanypeople

5−StarsHotelsforthosewhowanttofeel themaximum facilitiesandservicesexp.

HOSPITALITYISSUES

CongestionandpollutionintheJabodetabekareaandbudgetefficiencyarechallengesforthehotelindustry.

TheHospitalityIndustryhasthepotentialtosuffer lossesupto IDR12,4T

40% of the three to five star hotel market share comes from ministries and institutions from the use of meetings, incentives, conventions and exhibitions (MICE). After the budget efficiency, MICE reservations from ministries/institutionsarenolongeravailable.

CongestionintheJabodetabekareahampers touristaccess

The traffic congestion problem in the Jabodetabek area will have an impact on tourist mobility access, especially in GreaterJakarta,whichwillalsoaffecthoteloccupancy.

PollutionintheJabodetabekareaaffectsthequalityoftheenvironmentaround theasset.

Based on IQAir data for 2025, the pollution index in Jabodebek falls into the moderate category, while Tangerang is classified as unhealthy for sensitive groups. If pollution levels in Jabodetabek do not improve, there is a potential decline in hotel room demand, as observedin2023.

Estherina,Ilona.(2025,February16).PrabowoInstruksikanPangkasAnggaran,BisnisPerhotelanTerancamRugiRp12,4Triliun.Tempo.co. CNBCIndonesia.(2023,29Agustus).Jakartadikepungpolusi,bookingkamarhotelmulaiterganggu

SomelargegroupsmayhavemanypropertiesinJabodetabek,butsomesmaller playersalsohavetheirowncompetitiveness,showedbyspreadingnumbers

Other Groupsand non-groups hotelin Jabodetabek

600+

Manyhotels arenotpartof agroupbut canstill competewith theirown competitiven ess.

Theleisuremarkettendstobestablewithstrongcompetition,thingsmustbe consideredastheycanaffectthesustainabilityoftheindustry.

InternalFactors

LeisureTrends

(1) MostIndonesiansprefertostayinhotelswhenon vacation

(2) 2−3StarsHotelsleadthemarketdueitsbudget friendlinessandadequatefacilitiesformost people

(3) Competitionisstrong,relyingheavilyonproduct competitivenessandquality

(4) Trendofuniquehotels,likecabinandcapsule hotel,isgrowing,providingabreathoffreshairin thismarket

(5) Theissueofgovernmentbudgetefficiency threatensthisindustry

(6) Environmentalissuessuchaspollutioncanalso hurttheperformanceoftheleisureandhospitality sectoringeneral

Strengths

● S1:Annualroomsupplyisincreasing significantly

● S2:Emergenceofnewconceptssuchas capsulehotelsthatcanreachnewmarket segments

● S3:IoTTechnologyinBobocabinoffersa uniqueexperience

ExternalFactors

Opportunities

● O1:Occupancyrateisincreasinginlinewith theholidayperiod,especiallyduringthe year-endnationalholidays (October-December)

● O2:Thereisatrendforgueststostayinthe hotelratherthangoingoutofthehotel

● O3:Potentialfromthebeautyanduniqueness ofnatureinIndonesia

Weaknesses

● W1:CongestionissuesintheJabodetabek areawhichcanhampertouristaccessto touristattractionsaroundassets

● W2:Cleanlinessissuesattouristattractions thatcanreducetouristcomfort

Threats

● T1:Threatsfromglobalandnational competition,theemergenceofnewtourist destinationsotherthanIndonesiaandnatural beautythatismorespreadoutsidethe Jabodetabekarea

● T2:Climatechangeandpollutionissuesinthe Jabodetabekareathatwillaffectthequalityof theenvironmentaroundtheasset.

● T3:Thepolicyofefficiencythroughbudget cutsinthebusinessandhospitalitysector

Newconceptsneedtobeencouragedtoincreaseattractiveness,followedby initiativestowardshigh-tech,eco-friendyand

sustainability.

SOStrategies(LeverageStrengths+Opportunities)

NewHospitality Concept

Doing Market research and Introduce new concept to attract young travelers looking for unique experiences.

SmartTourismInitiative Maximize IoT Technology to enhanceguestexperience.

Hospitalitystartups,Hotel chains,Tourismboards

STStrategies(CounterThreatsviaStrengths)

WOStrategies(AddressWeaknessesviaOpportunities)

Hospitalitystartups,Tech providers,Smarttourism initiatives

Usingnatureand Traditionas attraction

Using Eco-Friendly concept

Promote Indonesia’s and local’s natural beauty and unique tradition toattractalternativetravelers.

Develop eco-friendly hotels and cabins to address climate concerns andpollutioninurbanareas.

Tourismboards,Digital marketingagencies,Travel influencers

Greenbuildingdevelopers, Eco-tourismcompanies, Localarchitects

Improvesupporting Infrastructure Collaborate with the government to improve transportation infrastructure in Jabodetabek to easecongestion.

Partnershiptoimprove environment Partner with local governments and communities to improve cleanliness intouristareas.

Localgovernment,Ministryof Transportation,Publictransit operators

Localmunicipalities,Tourism associations,NGOs

WTStrategies(MitigateWeaknesses+Threats)

StricterPolicy Implement hygiene initiatives and paid ticket policies at tourist attractions to mitigate hygiene threats.

Cost-efficient technology

Improve cost efficiency through automation (e.g., self-check-in services).

Attractionoperators,Health authorities,Tourism ministries

Hoteloperators,Tech solutionproviders,AIfirms

MarketResearch

Leisure

Residential Industrial

Commercials/Retail

Office

Urbanism

Roads/Transportation

New

townsaregrowingontheoutskirtsofJakarta,with68%ofthedevelopment haveanareaunder1000hectares

Outof69newtownsinJabodetabekarea, 88%ofthedevelopmentlocatedoutsideJakarta

96%ofnewtownlandislocatedoutsideJakarta,and 52%ofnewtownshaveanareaunder500hectares

Locationofnewtowns

Source:1.KnightFrankIndonesiaPropertyResearch,2022−2024;2.LokasolutionAnalysis,2024.

Developmentareaofnew

Newtownsareprimarilyaccessedthroughroadsandexpresswaysandtendtobe situatedalongmajortransportationroutes,includingroadsortrains,towardJakarta

72%ofnewtownsareservedbyexpressways,whileonly37%and27% areaccessiblebycommutertrainsandBRTsystems,respectively

Thereareindicationsof7“corridor”ofnewtownsthat followsomerouteofexpresswaysortrainlines

Thenewtown“corridors”3 Road-basedtransportationdominates thewaywedrivetothenewtowns

Currentmeansoftransportationavailableinthenewtowns3 Thelackofaccessible publictransporthasled toanincreaseinprivate vehicledependency1, whichnegativelyimpacts theenvironment2

Cibubur(Transyogi)Estate(9newtowns)

RafflesHills,CitraGranCibubur,LegendaWisata, KotaWisata,MetlandTransyogi,MetlandCileungsi, HarvestCity,GrandNusaIndah,CitraCityJonggol

Otherexpressway-basednewtown“corridors”:

● Jakarta–MerakExpressway(7newtowns)

● Jakarta–CikampekExpressway(4newtowns)

● Sentul–BogorEstate(6newtowns)

● NorthernJakartaCoast(3newtowns)

KRLRangkasbitungLine(8newtowns)

BintaroJaya,BSDCity,MilleniumCity,ModernCilejit, ForestHill,GiantaraSerpongCity,KotaPodomoroTenjo, CitraMajaRaya

KRLBekasiLine(3newtowns)

SummareconBekasi,MetlandCibitung,Jababeka

Thisfindingindicatesthattransportationaccessto Jakartamightbeacrucialfactorfordevelopers whendecidingtobuildanewtown

.https://doi.org/10.1016/j.tra.2024.104098;

CommercialandCommunalHubarethemust-haveinanewtowndevelopment, fewnewtownsadd“plus”facilitiestoattractmoretenantsandresidents

Mostnewtowndevelopmentsfeaturecommercialand communalhubsasessentialdrivers…

80%+ofnewcitiesdevelopment havecommercialandcommunalhub

Those“must-have”facilitiestypicallyinformof:

…whilelarger-scaledevelopmentselevateappealwithpremium facilities,enhancinglifestyleandtargetingbroadermarkets

ParkandLeisure

PondokIndahGolfCourse,PondokIndah

Addspremiumlifestyleappeal,attractstourism, andelevatesthetown'soverallvalue

UniversityandInternationalSchool

BinusUniversity,AlamSutera

Enhancespremiumeducationaccessandboosts intellectualcapitalinthearea

CentralBusinessDistrict(CBD)

CBDPIK2,PIK2

CBDdevelopmentattractlargereconomicactivity andcreatecrucialeconomicnodesinthearea

TransitOrientedDevelopment(TOD)

IntermodaBSD,BSDCity

Promotesefficientpublictransportuse,reduces traffic,andpromotesconnectedurbanspaces

CommunalHub

ClubHouse

KotaPodomoroTenjo N’bourhoodPark SentulCity H’seofWorship

SummareconBekasi

Commercial

Shophouses

GoldenCityBekasi

FreshMarket KotaWisata

Malls BintaroJaya

NewCitySupplyOverview

(1) 88%of69newcitiesdevelopedarelocatedoutside Jakartaandhaveareaunder500ha

(2) 72%ofnewtownsareservedbyexpressways,whileonly 37%and27%areaccessiblebycommutertrainsand BRTsystems,respectively

(3) Thereareindicationsof7“corridor”ofnewtownsthat followsomerouteofexpresswaysortrainlines

NewCitiesDevelopmentTrends

(1) Must-havefacilityofnewcitiesisacommunalor commercialhub

(2) Trendinto premiumfacilities,especiallythosefor enhancinglifestyleandtargetingbroadermarkets

● S1:72%ofnewcitiesareconnectedvia highwaysandnationalroads,with65%having directaccesstomajorroads,makingprivate vehiclemobilityeasy;

● S2:Mostnewtownshaveshophouses,fresh markets,mallsandcommunitycentersasthe mainattraction;

● S3:SomenewcitiesofferCBDfacilities, internationaluniversities,andTODtoincrease competitivenessintheupper-middlesegment.

SectorsNeededtoBeIntegrated InThe

NewCities

Weakness

● W1:Only37%ofnewcitieshaveaccesstoa trainstationwithin5kmand27%haveaBRT stopwithin2km,leadingtothedominanceof privatevehicleuse.

● W2:Developmentisstillcenteredon expresswayaccesswithlittlefocuson rail-basedpublictransportationorBRT.

● W3:Notallnewcitieshavepremiumamenities suchasCBDs,TODs,andinternational educationalinstitutions,creatingagapin attractivenessbetweenregions.

● O1:Governmentregulationsthatsupport Transit-OrientedDevelopment(TOD)canbean opportunityfordeveloperstodevelopareas withbetteraccesstopublictransportation.

● O2:Consumersincreasinglypreferareaswith commercialcenters,greenareas,and educationalfacilities,promptingdevelopersto focusmoreonfacilityintegration.

● O3:Theplanneddevelopmentofthe RangkasbitungKRLandBekasiLineserving severalnewcitiescouldincreasethe attractivenessofthearea.

● T3:Potentialpolicychangesregardingzoning orthedevelopmentofnewcitiescouldaffect developers'long-termplanning. Internal

● T1:Relianceonprivatevehicleswillbehigher andpotentiallyincreasecongestionif developmentstillfocusesontollroads.

● T2:Competitionbetweenregionsis intensifying,withmanynewtownship developmentprojects,forcingdevelopersto offermorefacilitiestoattractresidentsand investors.

StrategicInsightsandActionsforNewCitiesDevelopmentGrowth

SOStrategies(LeverageStrengths+Opportunities)

Expandintegrationofnewcitieswith rail-basedpublictransport(KRL,TOD,BRT)to reducerelianceonprivatevehicles

Enhancegreenareas,commercialcenters,and educationalfacilitiestoalignwithconsumer preferences

MaximizegovernmentsupportforTOD developmentbyprioritizingcitieswithexisting highwayaccessandcommercialhubs

MinistryofTransportation

DirectorateGeneralofTransportation

IntegrationandMultimodal

STStrategies(CounterThreatsviaStrengths)

WOStrategies(AddressWeaknessesviaOpportunities)

Improveaccessibilitybyensuringallnewcities

haveatleastoneTODconnectionwithin5km.

Encouragebalanceddevelopmentbetween highwayandrail-basedaccesstoreduce vehicledependency.

Supportdeveloperswithincentivesfor providingpremiumamenities(CBDs, internationalinstitutions).

Source:1.

Implementpoliciestocontrolprivatevehicle growthandcongestionbypromoting mixed-usedevelopmentsinnewcities.

Strengtheninter-cityconnectivitytoremain competitiveamongnewdevelopments.

Collaboratewithpolicymakerstomaintain regulatorystabilityforlong-termcity planning.

WTStrategies(MitigateWeaknesses+Threats)

RegionalDevelopmentPlanningAgency (Bappeda)

Shiftdevelopmentfocusfrom expressway-reliantcitiestotransit-oriented urbanplanning.

Establishstrictzoninglawstoprevent uncontrolledprivatevehicledependence.

Introduceregionalcollaborationinitiativesto preventexcessivecompetitionbetweencities.

MinistryofPublicWorksandSpatial Planning(PUPR)

KeyPlayers

MarketResearch

Leisure

High demand and rising prices for landed house in key areas, withsupplyheavilyconcentratedindominantregions.

LandedhousedemandinJakartaexceedssupplywithgrowth slightlydropping,salesstable,andaveragelandpricesslowly risingannually.

"The increase in land prices is largely influenced by the development of transportation infrastructure in the surroundingcorridors."

— Cushman&Wakefield(2024)

In2024,Tangerangdominatesthelandedhousesupplyin JabodetabekandKarawangwith218,490units

"Competition is quite tight in Serpong-Tangerang area, yet we see CitraSerpong (CGS) as a potential contender forBSDE’sproductsforentry-levelbuyer."

JLL

Despitehighlandpricesandlimitedcityland availability,landedhousingremainpreferredby end-users,depictinghealthydemand.

- JLL

Landed House

Risingdemandandmoderategrowthintheapartmentmarket, withstrongrentincreases.

ServicedapartmentsupplyinJakartagrewby2024,while purpose-builtapartmentsremained.Vacancyratesshowing improvedoccupancy.

"For the remainder of 2024, the supply of rental apartments will mainly come from the completion of the new condominium andservicedapartmentunitsatSommersetKencana." — Cushman&Wakefield(2024)

ThemarketshowsstrongdemandforCondominiums-for-Lease, stableforServicedApartments,moderategrowthin Purpose-BuiltApartments.

Purpose-BuiltApartment

"The average rental rate of the Rental Apartment market saw an increaseof+0.9%QoQand+2.6%YoY,standingat Rp262,134psmpermonth."— Cushman&Wakefield

Apartment

Investor buyers remain cautious, end users preferred landed housing. High land prices leading to high selling prices in city centers. Younger generationhoweverisbecomingaccustomedtothe concept.

JLL

(Jakarta)

ServicedApartments (Jakarta)

Condominiums-for-Lease (GreaterJakarta)

Changingregulationsandconsumerbehavioraredrivingshiftingindevelopmenttrends

RegulatoryChanges

● Government Regulation No. 12/2021

Encourage developers to fulfill their obligation to provide balanced housing with more practical alternatives, such as balanced residential development outside the immediate project area but still within one province or contributefundstosubsidizedhousingprograms.

● PUPR Ministerial Regulation No. 21/2021

Encourage the construction of new residences with green building concepts, especially high-rise buildings, using energy-efficient designs, waste management systems, andwater-savingtechnologies.

PercentageTargetofHouseholdsAreaBecomeGreenBuilding

CustomerBehaviors

● Flexible Work-Leisure Spaces

InJakarta,residentsincreasinglyseekspropertiesthatoffer flexible work and leisure spaces, integrating features like home offices, multi-functional rooms, and communal workspaces(TheJakartaPost,2018).

● Digitalization of Property Transactions

The use of digital platforms for property searches, virtual tours and online transactions has become commonplace. Developerscanleveragetechnologytoreachouttobuyers whoarenowhighlytech-savvy.

PopularplatformsforpropertylistingsinJabodetabek

"Digital technology is on the rise, with immersive virtual experiences enabling consumers to explore unitsdirectlyfromtheirscreens."

—Cushman&WakefieldIndonesia,2024

SUMMARYONCURRENTDEVELOPMENTSHIFTINGANDFUTURETREND

KeyFeatures

● Embodyingtheprinciplesofmodernminimalistdesign featuringcleanlines,neutralcolorpalettes,anduncluttered facades

● Biophilicdesignarchitecturewithmaximumflowofnatural lightandair

● Integratesmarthomesystemssuchasdigitaldoorlocks, CCTVcameras,motionsensors,andsmarthomeautomation

KeyFeatures

● Verticallivingwithlifestyleamenitiessuchasswimmingpools, gyms,co-workingspaces,androoftopgardens.

● Biophilicdesignelementsthatconnectresidentswithnature suchasgreenspacesandnaturallighting.

Impact

● Highoccupancyrates:Theproperty'sstrategiclocationinPuri Indah'sCBDwithitscomprehensiveamenitiesamenitiesmakeit highlydesirabletoexpatriatesandbusinessprofessionalsthus sustainingstrongrentaldemandwithhighoccupancyrates.

Tangerang-BumiSerpongDamai(BSD)City

Jakarta-ThePakubuwonoResidences

(1) LandscarcitydanHighlandpricesarethemainconcerns

(2) Landedhousingremainpreferred,depictinghealthy demand.

(3) Tangerang currentlydominatesthelandedhousesupply inJabodetabek

High-risehousingTrends

(1) ModerateGrowth,bothdemandandsupply

(2) Needmorevaluetohaveahighoccupancyratesuchas strategiclocationandcompletefacilities

(3) PUPRMinisterialRegulationNo.21/2021,Encourage greenbuildingconcepts,especiallyhigh-risebuildings

andTechTrends

Internal External

Strengths

● S1:Highdemandforlandedhousing particularlyinJakartaanditssurrounding regions,despitehighlandprices(JLL).

● S2:Strategicinfrastructuredevelopmentthat areheavilyincreaseslandpricesandresidential demand(Cushman&Wakefield,2024).

● S3:DominantsupplyinTangerangwith218.490 units,makingitafocalpointfordevelopment.

● S4:Sustainabilityinitiativeswhichisdrivenby MinisterialRegulationNo.21/2021thatsupports greenbuildingdevelopments,encouraging energy-efficientdesignsandsustainable practices.

Opportunities

● O1:Urbanexpansionandnewtownship developmentintoareaslikeKarawangandBSD Citypresentsopportunitiesfornewlarge-scale residentialprojects.

● O2:Sustainabilityandflexiblespacedemand withtheimplementationofbiophilicdesignand mixed-usedevelopmentssupportedbythe increasinglypopularsmarthomefeatures.

● O3:Governmentregulationchangesmade developersmoreflexibleinfulfillingtheir affordablehousingdevelopmentobligations.

● O4:Growinguseofdigitalpropertyplatforms suchasvirtualtours,onlinetransaction,and AI-drivenpropertyrecommendationcan enhancemarketreachandsalesefficiency.

Weaknesses

● W1:Highlandpricesandlimitedavailability, drivinguppropertypricesandlimiting affordabilityforentry-levelbuyers.

● W2:Competitivemarketareasuchas Serpong-Tangerang,makingdifferentiation crucialfordevelopers(JLL).

● W3:Shifttowardsrentaloptioninyounger generationspotentiallyslowingsalesfor traditionallandedhouses.

● W4:Regulatorycomplexityfordeveloperswho mustcomplywithbalancedhousingobligations andcontributetosubsidizedhousingprograms (GovernmentRegulationNo.12/2021).

Threats

● T1:Stringentenvironmentalregulation emphasizecompliancewithgreenbuilding standardswhichcanincreaseconstruction costsandimpactprofitmargins.

● T2:Infrastructure-dependentmarketgrowth mayslowdowndevelopmentinemerging residentialareasduetodelaysintransportation projects.

Aforward-lookingapproachisneededtoadaptingtomarketchangesandemergingopportunitiesfor sustainablegrowthinresidentialsector

Improvethequalityof supporting infrastructure

SmartHometoLeverage LivingExperience

Leverage infrastructure development to create high-demand residential hubs near transit-oriented developments (TODs).

Government,Private developers,Urbanplanners

Capitalize on smart home trends by integrating digital security systems, energy-efficient solutions, and automation.

Smarthometechfirms, Propertydevelopers

Focusdevelopmentsin emergingregions

Expand new residential developments in emerging regions such as Karawang & Greater Tangerang.

Localgovernments,Realestate firms

Shiftingto Eco-friendlyand Sustainablility

Initiate development shifts towards sustainability, ensuring eco-friendly housingcompliance.

Greenbuildingcouncils, Regulatorybodies

DigitalPlatformsales Utilize digital platforms to enhance sales through AI-driven property recommendations.

AddRentalOption Develop co-living and rental-friendly units for younger demographics.

PropTechstartups,Realestate agencies

Co-livingoperators, Investmentfirms

Diversifyproduct offerings

Diversify product offerings by expanding into rental and co-living spaces.

Realestatefirms,Co-living startups

Mitigate infrastructure risks

Mitigate infrastructure risks by prioritizing developments near strongtransportationnetworks.

Localgovernments, Transportauthorities

SOStrategies(LeverageStrengths+Opportunities)

WOStrategies(AddressWeaknessesviaOpportunities)

Players

STStrategies(CounterThreatsviaStrengths)

WTStrategies(MitigateWeaknesses+Threats)

MarketResearch

GreaterJakarta’s

marketseessteadydemandgrowth,withconsistent

supply

expansionand hightake-uprates.

Supplygrewat~2%5YCAGRwithanadditional250ha expectedin2024fromexpansionsinBekasiandKarawang

Bekasi & Karawang account for ~70% of total supply in Greater Jakarta due to superior infrastructure and proximity to Jakarta

Highesttake-uprate in5Y(despiteCovid)

in Ha

Supplygrowthstabilizesat~1,74%YoYamidlimitedland,with strongdemandfromlogistics,datacenters,andEVs.

Sector BenefittingFactors ChallengingFactors

DataCenters

ProximitytoJakarta,highconnectivity, andincentivesforgreeninfrastructure

Automotive (EVs)

Logistic/ Warehousing

Governmentsupport(taxbreaks, subsidies),andgrowingEVdemand

Risinge-commercedemandand strategiclocationsnear ports/highway

Highinitialinvestmentcosts forhyperscalefacilities

Limitedlocalsupplychainfor EVcomponents

Landscarcityinprime industrialzones

“Data Centers as the top sector for land acquisition oftransactioninQ12024inGreaterJakarta” -ColliersIndonesia,2024

Logistics

Warehousing

Textiles

Centers

Oil&Gas

Construction

ConsumerGoods

Electronics

etc…

KeyPlayer:Equinix, PDG,DigitalEdge 18.5% Automotives

KeyPlayer:Toyota, Hyundai,BYD

Colliers(withslightmodification)(2)

KeyPlayer:Polychem, Tsutsunaka,Maruhachi

GreaterJakartaindustrialestatesshiftfocustoDataCentersandEVindustriesdrivenby sectorgrowth

Changesinregulation

● GovernmentRegulationNo.20/2024

EncouragesindustrialdecentralizationoutsideJava withfiscalincentivessuchasVATexemptionsfor importedmachineryandrawmaterials,simplifying compliancefortenants

● CircularonEmissionControl(2023)

Mandatesstricterenvironmentalreporting, promotinggreenindustrypracticesandincreasing operationalcostsfornon-compliantsectors

Customer behavior

● SectoralDemandShifts

Datacenters(~22%ofQ1−2024landdeals)thriveon hyperscaleandAIprojects,whileEVandlogisticsgrow withIndonesia’sEVroadmapande-commerce expansion.

● SustainabilityFocus

Customersprioritizeindustrialestateswithgreen certifications,renewableenergyintegration,andESG compliancetoalignwithglobalsupplychainstandards.

Preferredapplicationbasedondevelopmenttrends

Studio Kota's 'Office KL' is a pavilion office within an industrial facility near Yogyakarta, Indonesia. The project includes site planning, a factory facelift, office, and a bridge to the production area, commissioned by a steel manufacturing company

Source:1.SurialawonGovernmentRegulationoftheRepublicofIndonesiaNumber20of2024(GR20/2024); 2.ACV’sIndonesia’sElectricVehicleOutlookReport(URL);3.JLLGreenBuilding Certification(URL);4.DesignBoom:StudioKota’sArchitecturalPerspective;5.LokasolutionAnalysis,2024.

Notableprojectshighlighttheshifttowardsustainableandtechnology-driven industrialdevelopment

Greater Jakarta's industrial projects adopt best practices like smart warehousing, modular systems, and green infrastructure, driving growthdespitelandscarcityinprimeareas.

8000 10500 13000

The green industrial sector in Greater Jakarta has steadilyexpandedoverthe years.

Supportingregulations:

GovernmentRegulationNo. 20/2024(locallyreferredtoas "PeraturanPemerintahNomor20 Tahun2024")

Introducesfiscalincentives(VAT)also stricterreportingrequirementsfor emissionsandwastemanagement encouraginggreenpractices

PlannedProject:

SubangSmartpolitan:

Focusedonadvancedmanufacturing,IoTintegration,andseamless connectivitywithPatimbanSeaportandJakarta-SurabayaHigh-SpeedTrain

Hosted the 1st Indonesia Green Industry Summit 2024, promoting decarbonization and sustainability through renewable energy and circular economy integration.

Uniqueness: Integrates industry with housing and education for a holistic ecosystem.

Advanced IoT and smart city integration across 1,200 ha, balancing industrial growthwithsustainability.

Uniqueness: Strategically located within the Jakarta-Cikampek corridor, integrating smart technologies to enhanceefficiencyandsustainability.

Problems:

Land scarcityin Bekasi and Karawang limits expansion,high green tech costs challenge small tenants, and stricter regulations increase operational expenses for traditional industries.

Source:1.GrandBatangCityforSEGSolarPanelsandHighestFDI; 2.Suryacipta(URL);3.SuryaInter Nusa.(URL);4.UnidaandBappenas.(URL);5Jababeka.(URL;6.JISC.(URL);7.Lokasolution Analysis,2024.

Jababeka Industrial City

Jatiluhur Industrial Smart City (JISC)

Asof2024,SSIAleadstheindustrialestatemarketwithstrongpresenceinGreaterJakartaarea

Industrial Portfolio

Pulogadung Industrial Estate ● EJIAEast Jakarta ● N/A Ticker(IDX) SSIA

● SuryaciptaCity ofIndustry, Karawang

● Subang Smartpolitan IndustrialEstate

● SLPSurya TechnoPark

● KotaJababeka Cikarang

● KendalIndustrial Park

● TanjungLesung IndustrialEstate

● KotaDeltamas IndustrialPark

● Greenland International ● IndustrialHub

● LippoCikarang IndustrialEstate

● DeltaSilicon IndustrialPark

● GIIC ● ModernCikande IndustrialEstate ● ModernTechno Park ● ModernLogistic Hub

MM2100 IndustrialTown ● Industrial Land ● Modern Logistic Center

1MarketShare;2RelativeMarketShare(>1.0indicatesstrongcompetitiveadvantages,and0.5−1.0showscompetitivebutdoesnotleadthemarket); 3HerfindahlHirschmanIndex(<1,500,itindicateslowmarketconcentration);*MarketCapitalizationasof3Q2024;Revenue,MS,RMS,andHHIasof2023−end Source:1.Companies’AnnualReport,2023−2024;2.Companies’OfficialWebsite,2024;3.YahooFinance,2024;4.LokasolutionAnalysis,2024

KeyPlayers

While possessing the largest AUM(1) alongside KIJA and MDLN, LPCK remain in the underperformingsector

BESTtops3YCAGRonrevenueandmarketcap, whileSSIAstaysthelargestdespiteamarketcap decline

KeyInsightsandStrategicOpportunitiesinJakarta'sIndustrialEstateSector

IndustrialEstateSectorKeyNotes:GreaterJakarta(2024)

MarketOverview:Annualsupplygrowsat 1.74%YoY,adding250hainBekasi/Karawang; Bekasi’svacancyrateis<5%.

InternalFactors

Strengths

● S1:Steadydemandgrowth(1.74%YoYsupply expansion)withhightake-upratesfor logistics,datacenters,andEVs.

● S2:52.8%of2024landdealstargetdata centers(Equinix,PDG);EVsectorgrowsunder taxbreaks.

Weaknesses

● W1:Landscarcityinprimezones(e.g.,Bekasi vacancy<5%)limitsexpansion.

● W2:HighCAPEXforhyperscaledatacenters (~30%aboveregionalpeers).

● W3:OverrelianceonJava(86%marketshare) risksdecentralizationoptimization.

Demanddrivers(1)

(1) DataCenters:Accountfor52.8%ofQ12024land deals,drivenbyhyperscaleprojects(10–50MW).

(2) EVManufacturing:Represents12.2%ofdeals, supportedbyIndonesia’sEVroadmap.

(3) Logistics:E-commercegrowthfuelsdemandfor multi-storeywarehousesnearTanjungPriokPort.

● S3:Establishedplayers(SSIA,KIJA)dominate maturemarkets;LEED-certifiedestates achieve12–15%rentpremiums.

ExternalFactors

Oppurtunities

● O1:RegulationNo.20/2024incentivizes decentralizationwithVATexemptionsfor non-Javaestates.

● O2:Tenantsprioritizegreencertifications (LEED),renewableenergy,andproximityto ports/highways(accessibility).

● O3:Subang/Cikarangestatesoffer30% lowerlandcosts,competingBekasiand Karawang’sdominance.

Threats

● T1:StricterESGcompliance(2023Circular) raisesoperationalcostsby15–20%.

StrategicInsightsandActionsforIndustrialEstateGrowth

SOStrategies(LeverageStrengths+Opportunities)

Action PolicyAlignment KeyMetrics

Expand HyperscaleData CenterClusters

BuildEV Industrial Ecosystems

Use SSIA/KIJA’s existing power grids (20–50 MW) in Bekasi/Karawang to develop 100–200 MW facilities. Leverage Regulation No. 20/2024’s VAT exemptions for imported data center equipment.

Achieve150–200MW capacity by 2026; capture 60% of hyperscaledemand.

STStrategies(CounterThreatsviaStrengths)

Action KeyPlayers KeyMetrics

Partner with BYD/LG Chem toco-locatebatteryplants and assembly units in Karawang.

Lobby for tax credits (15–20%taxrelieve)for domestic EV componentsuppliers.

Reduce EV component imports by40%by2027.

DeploySmart EnergyGrids

Install AI-driven microgrids in KIJA estates to reduce emissions by 40% and comply with 2023 Circular.

Siemens, Schneider Electric.

Achieve ISO 14001 compliance for 90% of facilities by 2028.

WOStrategies(AddressWeaknessesviaOpportunities)

Action PolicyAlignment KeyMetrics

PositionJakarta asASEANData Hub

Market JIIPE’s submarine cables to Singapore as a low-latencygateway.

Equinix,PDG. Attract 3–5 hyperscale tenants by2025.

WTStrategies(MitigateWeaknesses+Threats)

Action KeyPlayers KeyMetrics

Land-Bankingin Subang

Reduce Hyperscale CAPEXviaJVs

Collaborate with JIEP and regional governments to secure 500–1,000 ha for modularindustrialparks. Utilize fiscal incentives under Regulation No. 20/2024 for suburban infrastructure. Develop 300 ha hyperscale-ready landby2025.

Partner with foreign operators(STTGDC,Digital Edge) to share infrastructurecosts.

Advocate for reduced electricity tariffs (IDR 1,200/kWh) for LEED-certified facilities.

Cut upfront costs by 25% through shared investments.

Green Financingfor Compliance

Issue sustainability bonds (IDR 1–2T) to fund LEED certifications and offsetESGcosts.

SinarMasLand. Certify 80% of estatesby2030.

Diversifyto Non-Greater Jakarta Markets

Develop Subang Smartpolitan (1,200 ha) with Hankyu Hanshin for smartwarehouses.

SuryaInterNusa. Capture 20% of non-Java industrial demandby2026.

Source:1.

MarketResearch

Leisure

Roads/Transportation

RetailsupplyinJakartahasshowncontinuousgrowth,with ~1%7YCAGR,persistingthroughandafterCOV-19

AnnualInventory(1),sqminmillion

OccupancyRate,percent(0−100)

AverageAskingRent,IDR,(‘000)

AverageServiceCharge,IDR,(‘000)

The100%LTVpolicywasintroducedin 2021bytheBankIndonesiato acceleratepost-COVIDeconomic recovery

Despitetheincreasingrentprice,thedemandwillremain growingwith0.78DSRin2024(2)

~3.730.000sqm (~2.6%yoy) oftotaldemandforretailestateinQ22024inJakarta

"F&B,fashion,andlifestylebrands continuetoleadinexpansion activities."

—Cushman&WakefieldIndonesia,2024

Tenantdistributionbyindustryfrom2018−2024inJakartaretailestate

RetaildevelopmentinJakartaisshiftingtowardsmixed-useandgreenbuildings

"96%ofnewleasedmallsarelocated inmixed-usedevelopment."

—KnightFrankIndonesia,2022

Traditionalmallandretail-centricdevelopmentsareshifting towardsmixed-useasitboostsproductivity 1ForbothMixed-useandgreenbuildingdevelopment;2FloorAreaRatios Source:1.CentralParkJakartaOfficialWebsite,2024(URL);2.NOW!JakartaInternationalMagazine,2024(URL);3.BusinessIndonesiaGroup,2024(URL)

Globalpressureencouragesbothlandlordsandtenantstobe greentomeetESGgoalsandregulatorydemands.

Greencommercialareas

inJakartaincreased,reflectsa risingdemandfor environmentallyfriendlyretail spaces

~1,000,000sqm

2022 2023 15%

Keydrivers(1)

Supportingregulations

GovernmentRegulationNo.16/2021 (locallyreferredtoas"Peraturan PemerintahNomor16Tahun2021")

includesadedicatedsectionongreen buildings,mandatingperformance assessmentsforlargebuildings>5,000 m²butfallingshortforsmallerprojects

(1) GovernmentSupport:Increasinggreenbuildingmandatesandincentives(e.g., taxbreaks,FAR(2)bonuses)drivedeveloperstoadopteco-friendlypractices

(2) ConsumerDemand:Growingawarenessofenvironmentalissuespushes retailerstoseeksustainablespacesthatappealtoeco-consciousconsumers

(3) Convenience:Consumersandbusinessesprefermixed-usedevelopmentsfor theirabilitytoprovideamenities,services,andresidenceswithincloseproximity

(4) HigherInvestmentReturns:Developerscanattractdiversetenantsand maximizerevenuebydiversifyingpropertyuses,reducingrelianceononemarket segment.

Greenbuildingswithmixed-usedevelopmentarethefutureofretailestate

Asitofferssustainability,costefficiency,andincreasedvaluethroughinnovativedesignandfunctionality.

NewInnovation

EDGEAdvancedGreenBuilding Certificate(1)

Biophilicdesignarchitecture witheco-friendlymaterials

Incorporates:

– 855PV(465kWp)

– NaturalLighting

– Cross-Ventilation

Impact

● Comparedtotraditionalretail buildings,itsavesmore:

– 42%energy;and

– 28%waterusage

● Investmentcostsare30%lower thantraditionalmall

NewInnovation

EDGEFinalGreenBuilding

Mixed-usedevelopmentwith offices,schools,housing,etc.

Incorporates:

– SustainableMaterials

– NaturalLighting

– EnhancedVentilation

Impact

● Comparedtotraditionalretail buildings,itsavesmore:

– 24%energy;

– 33%waterusage;and

– 56%lessembodied energyinmaterials

Jakarta-CentralMarketPIK

JakartaGreaterArea-MalCiputraTangerang

Strongdemandgrowthamidrisingrents,withfluctuatingsupply

Jakarta'sofficesupplyhasexperiencedfluctuatinggrowthwith a~2%5YCAGR

AnnualInventory(1),sqminmillion

NetAbsorption,sqminthousand

OccupancyRate,percent(0−100)

AverageAskingRent,IDR,(‘000)

AverageServiceCharge,IDR,(‘000)

Despitetheincreasingrentprice,thedemandwillremain growingwith0.98DSRin2024

~5.250.000sqm (~1%yoy) oftotaldemandforofficeestateinQ22024inJakarta

“High-qualityofficeswithgreen certificationsarepreferredbytenants.”

—JonesLangLasalleAPAC,2024

28%

GradePremiumA

● Primelocations(CBD)

● Advancedtechnologyintegration

● Green/SustainabilityCertification

61%

GradeA

● Goodlocationinbusinessdistricts

● Competitiveamenities

● Energy-efficientsystems

10%

GradeB

● Reasonablygoodlocation

● Adequateamenities

● Older/well-maintainedbuildings

1%

GradeC

● Lessdesirablelocations

● Basicamenities

● Outdated/undermaintainedsystem

Source:1.Cushman&WakefieldIndonesiaMarketbeatReport,2017−2024;2.KnightFrankIndonesiaPropertyResearch,2022−2024;3.JonesLangLasalleMarketDynamicReport,2024. (URL);4.RealEstateAsia,n.d.(URL);5.LokasolutionAnalysis,2024. *Inventorysourcesinrealestatesupplyincludenewleases,buildings,renovations,expansions,rehabilitation,andredevelopment,allimpactingmarketspaceavailability.

OfficedevelopmentinJakartaisshiftingtowardscoworkingandgreenbuildings

Thetrendofcoworkingspaceincreasedascompany reducedofficespacetooptimizespace,withreductionsup to90%

Key players

● GoWork

● WeWork

● Regus(“IWG”)

● CoHive

● ConcreteSpace

● Koléga

Keydrivers

(1) GrowthofStartups:Asof2024,Jakartahas~539startups,withstartup fundinghittingUS$4.9bnin2021,fuelingdemandforflexibleworkspaces

(2) Post-COVIDWorkplaceShift:Thepandemicacceleratedthemoveto hybridworkmodels,boostingdemandforcoworkingspaces.SMEs, makingup90%ofbusinesses,embracedflexibleofficesolutions

(3) Govt.Support:Promotesentrepreneurshipthroughregulatoryreformsand infrastructureprojects,enhancingcoworkingspaceaccessibility

(4) DigitalEconomyExpansion:Indonesia'sdigitaleconomyissettoreach US$124bnby2024,drivingdemandforflexiblespacesfromdigitalstartups

ThedemandforsustainabledevelopmentofficespaceinJakartais growing,drivenbymanyfactors

Topthreeoutoften

Greenofficesupply inJakartahavebecomemore common,significantlyincreasing thegreen-certifiedspaces

Occupancy

Factors

in2021shifted,with 80%oftenants prioritizingoffice buildingsthat reduceCO2

Keydrivers

(1) Risingsustainabilityawareness:Companiesareincreasinglyawareto:(1)reduce theircarbonfootprint;and(2)improveenergyefficiency

(2) Costsavings:Greenpracticescanleadtolong-termsavings,suchas(1)lower utilitycoststhroughenergy-efficienttechnology;and(2)waterconservation

(3) Employeewell-beingandproductivity:Employeesingreenofficesexperience >10%boostinproductivity,contributingtotheiroverallwell-being

(4) Marketcompetitiveness:Companiesoccupyinggreenofficesdemonstrate commitmenttosustainability,enhancingtheirESG(1)demandamong ecosystem(2)

DevelopmentTrends:CommercialRealEstate(Office)

Sustainabledevelopmentisreshapingtheskyline,withmoreofficesadopting eco-friendlydesignstotackleurbanizationandenvironmentalchallenges

Asof2H2019,100+buildingsinIndonesiahavereceivedvoluntarygreenbuildingcertifications(1)with3,000+buildingscomplyingwith mandatorygreenbuildingcodes,whilethemajorityofitbeingofficebuilding,coveringanareaofover20millionsqm

SequisCenter

SouthJakarta

SequisCenterhasimplementedenergy-saving innovations,reducingelectricityandwaterusageby 28%.Thebuildingalsopromotesastrong3R(2)culture withanefficientwastemgmt.system

AlamandaTower

SouthJakarta

CertifiedGreenshipPlatinum,thebuilding featureswaterrecycling,naturaldaylight,LED lighting,and20%landcoverage,withshaded terracesandcalmwatercreatingasustainable workenvironment.

GedungUtamaPUPR

SouthJakarta

Oneofthefirstgovernmentbuildingstoachieve GBCIPlatinumcertification,itfeaturesnatural daylight,automaticlightsensors,andwater recycling,reducingenergyandwaterusageby44% and81%,respectively

BCATower

CentralJakarta

OneofthefirstbuildingsintowntoreceiveaGreenship EBPlatinumcertificationandearnthehighestgreen standardforitsenergyandwaterefficiency,IAQ(3)and environmentallyfriendlyfeatures.

Challenge toSustainability

Note: List are not exhaustive

Transportation

MasstransitservicesinJakartacovers 96.1percentofthecity’spopulation. Meanwhile,itcoversjust26.2percent ofthetotalpopulationininBodebek.

Potentialsupplychaindisruptions duetoInternationalGeopolitical decisionsliketradepoliciesand changesingovernmentstructures

consumerpreferences LandDisputes& LandScarcity newretailprojectsmore challengingtoestablish, especiallyinCBDareas

Retailershavetoadapt,as e-commercecontinuestoreduce foottrafficinbrick-and-mortar stores.

Omnichannel integration, tapping into the suburban market, developing experiential hubs, and forming regulatory partnerships can boost the retail estate market in

Jakarta

RetailsandOfficeTrends

(1) F&B,fashion,andlifestylebrandsareleadinginretail market.

(2) FullyServicedofficeswithgreencertificationsare preferredbytenants,drivesenergy,waterandcost savings

(3) DevelopmentinJakartaisshiftingtowardsmixed-use andgreenbuildings

(4) Severalchallengestosustainableretail/office development,suchasincompletepublic transportation,globalandnationaldynamics,and availabilityofbuildingsandland.

● S1:Strongeconomicgrowthandrisingconsumer spending,contributingtoincreaseddemandfor retailandofficespaces(projectedtogrowby5.0% to5.6%in2025);

● S2:SupportivegovernmentpolicieslikePBBtax cutsforgreenbuildings(e.g.,60%(gold-certified) boostingeco-friendlypropertydevelopments;

● S3:AmajorCBDcitylikeJakarta,agatewaytoSEA’s marketwithstrongexternalconnectivity infrastructure,isthekeyofFDIfromretailplayers;

● S4:Thegrowthofe-commerceisdrivingdemand foromnichannelretailandshowrooms.(Transactions areprojectedtoreachUS$85bnin2025;20%YoY).

Weakness

● W1:Frequentlanddisputesandoverlappingclaims, particularlyinBaliandJava,createchallengesforreal estatedevelopmentandinvestment;

● W2:Thescarcityoflandincreasesdevelopment costsandmakesnewretailprojectsmore challengingtoestablish,especiallyinCBDareas;

● W3:NotalltransportationnetworksinJakartareach everyarea,especiallyinsuburbanandouterregions, limitingaccessibilityandconnectivity;

● W4:Rapidchangesinconsumerpreferencesand habitschallengeretailers'adaptability,as e-commercecontinuestoreducefoottrafficin brick-and-mortarstores.

● O1:Indonesia’sretailsectorisexpectedtogrow5% in2025,drivenbytheintegrationofmodernretail andtraditionalstores,creatingamorecohesive ecosystem;

● O2:Jakarta’srapidurbanizationcreatesa high-densityconsumerbase,drivingdemandfor modernretailfacilitiesincrowdedresidentialareas;

● O3:TheIndonesiangovernmentactivelysupports SMEsthroughsubsidizedloans,taxincentives, energysubsidies,anddigitalizationprograms;

● O4:NewMRT,LRT,andtollroadprojectsimprove accesstoretailhubsinsuburbanandemerging commercialareas.

● T1:TheplannedincreaseofVATto12%in2025is expectedtoaddfinancialpressureonretailersand consumersalike;

● T2:Changesingovernmentstructures, policies, zoninglaws,andlicensingprocessesmaydelayor increasethecostofretailprojects;

● T3:Potentialsupplychaindisruptionsdueto Trump’stradepolicies,theRussia-Ukrainewar,and geopoliticaltensionsmaydriveupcostsandimpact Indonesia’sretailmarket;

● T4:E-commercethreatslikeTokopedia,Shopee, andLazadaintensifycompetition,forcingphysical retailerstocompeteonpriceandconvenience.

Omnichannelintegration,tappingintothesuburbanmarket,developingexperientialhubs, andformingregulatorypartnershipscanboosttheretailestatemarketinJakarta

SOStrategies(LeverageStrengths+Opportunities)

Omnichannelretail spaces

Develop omnichannel retail spaces, integrating showrooms and fulfillment centers to serve both online andofflineshoppers.

E-commerceplatforms, Retaildevelopers,Logistics companies

STStrategies(CounterThreatsviaStrengths)

WOStrategies(AddressWeaknessesviaOpportunities)

Overcomeland scarcityinCBD areas.

Focus on suburban and emerging commercial zones with improved infrastructure (e.g.,nearMRT/LRTstations)

Localgovernments,Real estatedevelopers, Transportationagencies

NewRetailand OfficeConcept

Createexperientialretailspaces blending online and offline shopping, such as click-and-collect hubs and interactiveshowrooms.

Malloperators, E-commerceplatforms, Retailbrands

WTStrategies(MitigateWeaknesses+Threats)

Government andPrivate Partnership

Secure strategic partnerships with local government and state-backed developers to mitigate land disputes and regulatoryrisks.

Localgovernment agencies,State-backed developers,Legal consultants

KeyPlayers

Stakeholder Mapping: Real Estate Industry

Asof2024,thesecompaniesaretheonesactivewithanotableportfolioinpropertyindustry

Sizebasedonmarketcapital

Regulations Assessment

Leisure

NewCityDevelopment

Residential

IndustrialEstate

Commercials/Retail

Office

Healthcare Education

Urbanism

Roads/Transportation

REGULATIONANDPOLICIES(1)

Severalnationalpolicieshaveimpactsonsupplyanddemandtrendsinvarioussectors.

PPnBM (Pajak Penjualan atas Barang Mewah) pada Properti Residensial

Insentif Pajak untuk

Pembeli Rumah Pertama (Kredit Pemilikan Rumah)

UU Cipta Kerja tentang

Kemudahan Berusaha (Omnibus Law)

Regulasi Kepemilikan Properti oleh WNA

Increased taxes on luxury homes reduce affordability for upper-middle-class buyers, leading to decreased demand in the luxury residential market.

Incentives support first-time buyers, boosting demand for affordable residential properties

Regulasi Lingkungan (Standar Bangunan Hijau)

UU Pengadaan Tanah

Regulasi Pengembangan

Infrastruktur Kesehatan

Source:LokasolutionAnalysis,2024

Simplifies business regulations, encouraging more foreign investment and increasing demand for office and retail spaces.

Restrictions on foreign ownership reduce the pool of potential buyers and investors in high-end residential and commercial properties.

certifications attract eco-conscious businesses and healthcare providers, increasing demand for eco-friendly office and healthcare spaces.

Difficult land acquisition delays new developments, especially in residential and commercial sectors, impacting supply.

Government regulations encouraging the development of healthcare infrastructure create a surge in demand for specialized medical properties like hospitals and clinics.

REGULATIONANDPOLICIES(2)

Whilesomeregionalscalepoliciescanencourageorhinderaccordingtotheneedsofeachregion,especiallyinJabodetabek

Regulasi Zonasi Bangunan

Komersial (Zona Campuran)*

Residential, Office

Regulasi Tinggi dan

Kepadatan Bangunan*

Residential, Office

Insentif untuk Klaster

Industri dan Kawasan

Perdagangan Bebas

UU Perlindungan

Konsumen (Jaminan

Pengembang Properti)

Regulasi Parkir untuk

Bangunan Komersial*

in demand

proximity to ports, infrastructure development

Encourages the development of mixed-use areas, driving demand for both residential and commercial properties in high-demand urban areas.

Restrictions on building density can limit new supply of office and commercial space in prime locations, reducing availability and increasing rental prices.

Regulations promoting industrial clusters drive demand for industrial estates, especially in areas with strong logistics infrastructure.

reputation, consumer trust Protecting consumers through guarantees and regulations improves trust in the residential market, stimulating demand.

Higher parking requirements increase development costs for commercial and office buildings, potentially deterring tenants who prefer more cost-efficient spaces.

Regulasi Standar Kualitas

Udara (Untuk Industri)

Insentif Pajak untuk

Pengembangan Pariwisata

dan Rekreasi*

Source:LokasolutionAnalysis,2024

operational

Stricter air quality regulations may limit the development of industrial estates, especially in areas with existing pollution challenges.

Tax breaks for tourism and leisure developments, such as resorts and entertainment centers, lead to increased demand for leisure property development.

MarketResearch

Leisure

New

Residential

Industrial

Commercials/Retail

Office

Healthcare

Roads/Transportation

Education

Urbanism

WhileJabodetabekboastsasubstantialnumberofhealthcarefacilities,thedemandcontinuesto outpacesupply,particularlyintermsofhospitalbedavailabilityandqualityofservices

ThehealthsectorinJabodetabekcanevolveintoamorebalancedand accessiblesystemanddiverseneedsofitspopulation.

Jabodetabek’shealthsectorismarkedbystrongdemandbutuneven supply.

Demand

“Jabodetabek’s population exceeds 32 million, with a growthrateof1.09%annually,drivingsustainedhealthcare demand.”

“The bed-to-population ratio is approximately 1.5 beds per 1,000 people, below WHO’s recommended standard of 3 per1,000.” of 2024 of 2024

On average, residents in Jabodetabek Region spend Rp73,191 in a month on health matters (curative,preventive,andmedicine).

In2022,thepercentageofpeoplewhosought outpatient treatment in the last month, where 59.66% of people prefer puskesmas, followed byclinicsat18.70%,public hospitalsat12.58%, privatehospitalsat9.24%,andothers.

Demand-SideFocus

MedicalLogistics&Distribution

HealthcareInfrastructure

There are 61 public hospitals and 133 private hospitals with a bed ratio of 1:202 for public hospitalsand1:86forprivatehospitals.

In2022,thepercentageofpeoplewhohadbeen hospitalizedreached 2.74%,adecreaseof2.91% from2020.

Supply-SideFocus

UrbanPopulationGrowth

ChronicDiseaseManagement

RisingMiddle-Class&HealthAwareness

a)Awofeso, Niyi & Rammohan, Anu & Ainy, Asmaripa. (2012). Exploring Indonesia’s “low

paradox. Journal of Hospital Administration. 2. 10.5430/jha.v2n1p49.

DevelopmentTrends:Healthcare

These trends highlight a dynamic healthcare landscape in Jabodetabek, with a shift from premium urban care to inclusive, affordable, and specialized services

Providersareexpandingnetworks,addingspecialties,and integratingdigitalhealthservicestomeetdiversepatientneeds.

~50% oftotalprivatehealthcarerevenueinurbanareas

“Demandgrowsby~5−7%annuallydueto urbanizationandincreasedhealthcare awareness.”

Key Challenges

Lengthy regulatory approvals slowdowntheintroductionofnewmedicines andmedicaldevices;

High concentration of hospitals in Jakarta, while suburban areas (Bogor, Depok,Tangerang,Bekasi)havefeweradvancedmedicalcenters; Despite BPJS coverage, many patients still struggle with out-of-pocket expensesforqualityhealthcare.

Risingdemandacrossallsegments,drivenbypopulationgrowth, increasingchronicdiseaseprevalence,andbroaderBPJScoverage.

Cost

Coverage

Low-cost or free (subsidized by government)

Covers essential treatments, medications,andprocedures

Choiceof Provider Limited to BPJS-affiliated hospitalsandclinics

Higher cost, paid directly by patientorinsurance

Broader coverage, including premiumtreatmentsandservices

Patients can choose any healthcareprovider

Qualityof Care Standardized care, but may be lower Oftenhigherqualityduetobetter facilitiesandspecialistavailability

Medication Availability Limited to BPJS-approved medications

Access to a wider range of medications, including branded drugs

Room Facilities Longer waiting times due to high demand Faster service with shorter queues

RegulationChanges

The Omnibus Health Law and Law No. 17 of 2023 introduce a range of crucial reforms. These reforms include providing avenues for foreign medical and healthcare personnel to contribute to the Indonesian healthcare landscape, streamlining the licensing procedures, andmakingitmoreefficient.

a)Bloomberg. (n.d.). PTMedikaloka HerminaTbk company profile. Retrieved December 17, 2024, from https://www.bloomberg.com/profile/company/HEAL%3AIJ

b)BMHS. (n.d.). Group of companies: Bundamedik Healthcare System. Retrieved December 17, 2024, from https://www.bmhs.co.id/about/group-of-companies

Bogor(C&R),Depok,Bekasi(C&R) Tangerang(C&R),SouthTangerang

Niche markets such as beauty clinics & premium hospitals in Jabodetabek has experienced remarkable growth over the past decade

Thisdevelopmenthasbeendrivenbytechnologicaladvancements andevolvingconsumerpreferences

MosthospitalsareconcentratedinJakarta,particularlySouthJakarta, whichserves~50%ofthetargetpopulation.

(no

IncreaseAlmost300%

Asteeprisewithatotalincreaseofnearly500 beauty

Since 2015, public awareness of skincare and appearance has risen significantly,drivingtheexpansionofbeautyclinicsinJabodetabek. The pandemic brought significant changes to the operations of beauty clinics. Flexible services like online consultations and treatments requiring minimal physical contact became more common. Quick treatments, such as "One HourTreatments,"alsogainedpopularitytominimizetimespentatclinics.

Concentration:Jakarta(60%),Tangerang(20%),Depok/Bogor/Bekasi(20%). AffluentareaslikeSouthJakartadominatepatientvolume(~50%).

The premium hospital market in Jabodetabek serves an estimated 5 million affluent and aging individuals, with an annual market value ranging from IDR 35–175trillion.

a) Bloomberg. (n.d.). PTMedikaloka HerminaTbk company profile. Retrieved December 17, 2024, from https://www.bloomberg.com/profile/company/HEAL%3AIJ

b) BMHS. (n.d.). Group of companies: Bundamedik Healthcare System. Retrieved December 17, 2024, from https://www.bmhs.co.id/about/group-of-companies

DevelopmentTrends:Healthcare

Jabodetabek’s healthcare sector demonstrates strong performance in urban hubs but requires strategic expansion and investments to address imbalances and ensure equitable access

Targetedinvestmentsandpolicyenhancementscanamplifythestrengthsoftheseproviderswhileaddressingtheiruniquechallengesin Jabodetabek.Thehealthcaresector addresseslarge-scaleandcomplexhealthneedsbutfacessystemicresourcechallenges.

MRCCC Siloam

South

Flagshiphospitalofthe Siloamnetwork,providing comprehensivecareacross multiplespecialties,Serves middle-toupper-income groupswithanoccupancy rateof75−85%.

RSUPN Dr. Cipto M

Thelargestpublicreferral hospitalinJabodetabek(also Indonesia),equippedwith state-of-the-artfacilitiesfor tertiaryandquaternarycare.A keyproviderintheBPJS system,withanoccupancy rateexceeding85%.

Asthestrongestdiagnostic clinic,Prodiademonstrates theimportanceof specializedhealthcare servicesinJabodetabek. Handles1,000+patients dailyinmajorlocations, primarilymiddle-to upper-classclientele.

Largestandmostestablished pharmacychainin Jabodetabek.Provides prescriptiondrugs, over-the-countermedicines, andhealthsupplements.High brandtrustandBPJSaffiliation makeitaccessibletoabroad demographic.

Indonesia’sfirstmodern privatehospital.Itcateringto high-endhealthcare consumers.In2018,RSPI aimedfora10%revenue growthandplannedto expandwithafourthhospital intheJabodetabekarea.

Theclinicoffersvariousskinand aesthetictreatmentswitha professionaland science-basedapproach.In 2023,itachievedRp40.2billion ($2.5million)insaleswithin24 hoursviaTikTok,demonstrating theeffectivenessofitsdigital marketingstrategy.

SummaryandStrategies:Healthcare

The health sector inhabited is considered to have attractive and promising prospects for continued growth, even though the Covid-19 pandemic is over

Ontheotherhand,thelevelofeconomicequalityisalsooneofthesupportsforthefundamentalgrowthofthehealthcaresector. Itgreatlyaffectstheexpansionofthehealthcarebusiness.

KeyNotes

1) Differentiation: Players like SAME and PRAY build unique services to stand out in the mid-tiermarket;

2) Network Expansion: BMHS and SRAJ expand into high-growth suburban areas to tap into emerging affluent populations;

3) Technology & Innovation: SILO and MIKA continue investing in digital healthcare and telemedicine to improve efficiencyandaccess;

4) BPJS Integration: SRAJand SILO selectively integrate BPJS for broader market penetration without diluting theirpremiumpositioning.

WhatWeGetSoFar?

Strengths

Weaknesses

1)Strengthen government-private partnershipstoattract morehealthcare investments;

2)Promotespecialized healthcareservicesto meettherisingdemand foradvanced treatments.

1)Investintrainingprograms toaddressshortagesof healthcareprofessionals;

2)Strengthenhospital resilienceagainstregulatory andpolicychanges;

3)Developrapid-response emergencynetworksto handlepublichealthcrises effectively.

a)Bloomberg. (n.d.). PTMedikaloka HerminaTbk company profile. Retrieved December 17, 2024, from https://www.bloomberg.com/profile/company/HEAL%3AIJ b)BMHS. (n.d.). Group of companies: Bundamedik Healthcare System. Retrieved December 17, 2024, from https://www.bmhs.co.id/about/group-of-companies

1)Enhancedigitalhealth servicestoreduce overcrowdinginpublic hospitals;

2)Strengthenintegration betweenhealthcare providersandinsurance systems;

3)Increasegovernment incentivesforhealthcare infrastructure development.

1)Implementcost-control measurestokeepprivate healthcareservices affordable;

2)Improvepublichealthcare efficiencytoreducereliance onexpensiveprivate hospitals.;

3)Strengthendisaster preparednesstohandle potentialpublichealthcrises.

MarketResearch

Leisure

New

Residential Industrial

Commercials/Retail

Office

Healthcare

Urbanism

Roads/Transportation

EducationmarketinJabodetabekcontinuestoexperiencesteadygrowthindemand, accompaniedbyanincreasingnumberofschoolsandrisingeducationcosts.

Sinceof2023,10,000+schoolsareoperatinginJabodetabekarea,rangingfrompublicinstitutionstoprivateschoolsofferinginternational curricula,attractingadiversestudentpopulationdrivenbyacademicexcellence,modernfacilities,andspecializedprograms

TypeofSchool

TheNERdropsasthe educationlevelincreases, from97.89%inelementary schoolto21.73%inhigher education.Economically, therichestgroup(Quintile 5)consistentlyhasthe highestNER,whilethe poorestgroup(Quintile1) hasthelowest.Thedecline inparticipationismore pronouncedamonglower economicgroups.

InternationalSchool

Internationalschoolscatertoaffluentfamiliesandexpatriatesseeking aglobaleducationpathway.Tuitionfeesarehigh,reflectingthe premiumservicesoffered.Thestudentscomefromdiverse backgrounds,includingexpatriatesandlocals

NationalPlusSchool

Nationalplusschoolscatertomiddle-to-upper-income familieslookingforanaffordablealternativeto internationalschoolswithaglobaloutlook.Thestudents arefromamixedlocalandexpatriatebackground.

NationalSchool

Nationalschoolsarethemostaffordableoption,serving middle-to-lower-incomefamiliesandprioritizing accessibilityandinclusivity.Thestudentsarepredominantly local

a)Badan Pusat Statistik. (2023). Statistik pendidikan 2023 (Katalog No. 4301002, ISSN 2086-4566, Nomor Publikasi 04200.2317). Direktorat Statistik Kesejahteraan Rakyat. https://kebudayaan.kemdikbud.go.id

b)Monic Christian. (2024,August 6). Alasan orang tua lebih memilih sekolah nasional dibanding internasional (part 2) [Video].YouTube. https://youtube.com/shorts/sTw_obM38pI?si=ITbHhmV0TgWNidzt

c)SchoolShowID. (2023, March 3). Apa sih bedanya sekolah nasional plus dan sekolah internasional? [Video].YouTube. https://youtu.be/S_gvkBtbTVM

MarketTrends:Education

International School Nationalplus School NationalSchool

Curriculum moreflexibleandadopta student-centeredlearning approach.Studentsare encouragedtothinkcritically, beabletocollaborateand conductgroupdiscussions,and doindependentresearch. developmentofthe nationalcurriculum, emphasizingthe developmentofstudent skills,suchascritical thinking,creativity, communication,and collaboration

Facility

Thesubjectstobestudied havebeendetermined, includingcoreandelective subjects.

GoodQuality Student

havea strictstudentadmission selectionprocessthatcanmakeagood environmentwhocanbringhonortothe schoolandenhancetheschool's reputation

Language

1. Adequateeducationalfacilitieshaveapositiveimpactonstudentsandteachers.

2. Forstudents,goodfacilitiessuchascomfortableclassrooms,adequateteachingaids,and accesstoeducationaltechnologywillincreasetheircomfort,motivation,andqualityof learning.Forteachers,comfortableteacherrooms,professionaldevelopmentfacilities,and learningtechnologyenablethemtoteachmoreeffectivelyandinnovatively.

Teacher havehighqualificationswith internationalcertifications, multiculturalexperience,and strongEnglishlanguageskills.

Certificate generallyuseglobally recognizedcertificates,such as:InternationalBaccalaureate Diploma(IB),Cambridge InternationalExaminations (IGCSE,A-Level)

Haveaminimumacademic qualificationofS1in educationorrelated subjects.Goodcommand ofEnglish(activeand passive),oftenprovenby certificationsuchasTOEFL orIELTS.Haveexperience teachinginabilingualor multiculturalenvironment.

Haveaminimumacademic qualificationofS1in educationoraccordingto thesubjectstaught.Master thenationalcurriculumasa whole(Independent Curriculumor2013 Curriculum).Abletoteach withapedagogicalapproach thatsuitstheneedsof studentsinIndonesia.

canissueacombinationof nationalcertificates (Diplomafromthe IndonesianMinistryof Education)and internationalcertificates

UseofficialDiplomafromthe IndonesianMinistryof Education,Culture,Research, andTechnology.

Inaccordance withthe family'svision andmissionin educating theirchildren

Excellent qualityof learning process

Thebilingualteachingapproach promotescognitiveflexibility,preparing studentstonavigatedifferentcultures andconnectgloballyforinternational andnationa,plusschool

Thedesiredoutputofparentsfromthe processofraisingandeducating childrenatschoolwillinfluencethe selectionofschoolsthatarein accordancewiththefamily'svision

a) https://www.quipper.com/id/blog/info-guru/ketahui-kriteria-ciri-ciri-dan-4-cara-menjadikan-sekolah-yang-unggul/

b) Santi, I. (n.d.). 5 pertimbangan orang tua dalam memilih sekolah untuk anak-anak. Kompasiana. Retrieved February 6, 2025, from https://www.kompasiana.com/iissanti/636007fe08a8b50d9758e3b2/5-pertimbangan-orang-tua-dalam-memilih-sekolah-untuk-anak-anak?page=all

Teachingstaffwhohavetheabilityto transformeducationsothattheir studentsarecreative,innovative, confident,andhavepracticalabilities. Abletodirectallitscomponentsto achievebetterandmorecapable graduates

MarketTrends:Education

Thekeydifferencesbetweentheseeducationalfacilitiesaretheircurriculum,infrastructure,andcost.

COST - CaseExample:SeniorHighSchool

The enrollment cost for an International School amounts to Rp72,000,000.

The enrollment cost for an International School amounts to Rp32,000,000.

Interna tional School Nation al Plus School Nation al School

The enrollment cost for an International School amounts to Rp20,000,000.

Infrastructure

Classrooms

International School NationalPlus School NationalSchool

Modernwith smartboardsand computers

Laboratories

Source:https://www.finansialku.com/perencana-keuangan/menghitung-biaya-pendidikan/

InternationalSchool NationalPlusSchool NationalSchool

Advancedscience andtechnology equipment

Moremodernwith multimediatools.

Standardwith blackboardsand simpledesks

Well-equipped scienceand computerlabs. Basicscienceand computerlabs.

Curriculum

Implementglobally recognizedprograms suchas: , orcurriculafrom countriesliketheUnited StatesortheUnited Kingdom.These curriculaaredesignedto provideaglobal perspectiveandprepare studentsforhigher educationabroad

Curriculum:

Theseschoolsoften adoptbilingual instructioninBahasa Indonesiaand Englishtoenhance globalcompetence.

emphasizes masteryofcore subjects,including Mathematics, BahasaIndonesia, Science,and SocialStudies.The mediumof instructionis BahasaIndonesia.

Library Internationalbooks andaccesstoonline journals. Localand internationalbooks withinternet access. Localbookswith limitedonline access.

Sports&

Recreation

Extracurriculars

Swimmingpool, soccerfield,gym, andartstudio Basketballcourt andgym. Basicsports fields.

Arts,music, international debates,andSTEAM activities

Localand international activitieslike bilingualdebates andcoding. Scouting,sports, andtraditional arts.

Additional

Facilities

Healthycafeteria, counselingroom, andhealthservices. Variedcafeteria menu,counseling room,andbasic healthclinic.

Simplecafeteria andprayerroom.

InIndonesia,therehavebeenregulatorychangesaffecting educationalfacilities,including:

Governmentpoliciesonschoolzoningthat influencetheselectionbetweennational schools.

Distribution of Schools in Indonesia

Pros

1. Mandatorycertificationforinternationalcurricula

2. Internationalschoolsbenefitfromthegrowingtrendofglobalmobility andthedemandforinternationalskills.

3. Graduatesaregloballycertified

1. Usingbilingualeducationforglobalmobilityatamoreaffordablecost.

2. Usinganinternationalcurriculumwithanationalcurriculumthatwillbenefit thoseplanningtostudyabroad.

3. Smallerclasssizesincreasesafety,betterteacher-studentinteraction, andreducebullying.

1. Affordablecosts

2. Curriculumthatmeetslocalneeds,

1. Operationalcostsininternationalschoolsarehigher

2. ExpensiveCost

3. Cross-NationCulture

4. MoreFluentinForeignLanguagesthanIndonesian

2. facechallengesinmaintainingcompetitivenessdueto curriculumlimitations InternationalSchool

3. Accesstostate universities,instillationofnationalvalues,convenient locations,Indonesianasthelanguageofinstruction,diverse extracurricularactivities,trustinthenationaleducationsystem,and strongersocialconnections.

SomeNationalPlusschoolsmayhavelessemphasisonsubjects relatedtoIndonesiancultureandhistory,suchasHistory, Geography,andCivics.Thiscancausestudentstohaveless understandingoftheirowncultureandhistory.

1. Governmentpoliciesonschoolzoningthatinfluence theselectionbetweennationalschools.

DevelopmentTrends:Education

Stakeholder

InternationalSchool

Source:https://www.jisedu.or.id/about/campus

JIS(JakartaInternationalSchool) isaccreditedbytheWesternAssociation ofSchoolsandColleges(WASC)andtheCouncilofInternationalSchools (CIS).Thisschoolhas2,400studentsaged3to18yearsoldfrom60 differentcountries.

National

PlusSchool

Source:SARANA& PRASARANA- Labschool

SMALabschoolKebayoraniscategorizedasanationalschool.Itfollowsthe Indonesiannationalcurriculum,suchastheKurikulumMerdekaorthe2013 Curriculum,butwithadditionalflagshipprogramsandinnovativeteaching methods.

Source:The school building of SMANasional

Plus BPK PENABUR Sentul City, Bogor

SMANasionalPlusBPKPENABURSentulBogorisabilingual school,whereweusebothEnglishandBahasaIndonesiato observetheworldaroundus.Ourschoolofferstwocurricula: theNationalCurriculumandtheOxfordAQACurriculum.We provideavarietyofprogramssuchasScout,BestHouse,Friday Service,Extracurricularactivities,andDoFE.

Preferred

University

Tendtocontinue theireducation atuniversities abroad

Tendtocontinue theireducation atdomestic universities, particularlystate universities (PTN)in Indonesiabut somealso choosetostudy atuniversities abroad

Morelikelyto continuetheir educationat domestic universities, especiallystate universities (PTN).

a) SchoolShowID. (2023, March 3). Apa sih bedanya sekolah nasional plus dan sekolah internasional? [Video].YouTube.

https://youtu.be/S_gvkBtbTVM?si=WAv7Toe8nSnS-UC5

International School DevelopmentTrends:Education

Sampoerna Academy

SampoernaAcademyimplementsseveral curriculatailoredtotheneedsofstudentsat differentlevels,namelyIEYC(InternationalEarly YearsCurriculum)forpreschoolleveland Cambridge,IBDP(TheInternational BaccalaureateDiplomaProgramme),and SingaporeMathematicsforkindergartento highschoollevels.SampoernaAcademyisa pioneeroftheSTEAMlearningmethodin Indonesia,whichisamethodoflearningvarious thingsthroughfiveperspectives:Science, Technology,Engineering,Art,andMath.

British School Jakarta

ItisaschoolundertheauspicesoftheBritish Embassy.Ithasthestatusofaprivateschool withaninternationalcurriculum.Ithas educationallevelsfrompreschoolattheageof 3tohighschoolattheageof18.Thisschoolhas verycompletefacilitiesandisbuiltonanarea of18hectares.

National Plus School

National School: Private and Public School

https://www.yupiland.com/blog/11-rekomendasi-sekolah-internasional-terbaik-di-indonesia-dari-tk-sampai-sma

Sekolah Pelita Harapan

Sekolah BPK Penabur Plus

Sekolah Cikal

Binus School

To support their studies, students often need tutoring centers that can enhance their learning experience

TutoringforStudents

MathandEnglish

1. NumberofBranches:50+

2. Facilities:MathematicsandEnglishProgram, SpecialClassroomforKindergartenage children,equippedwithlearningaidssuchas specialpencilsandeducationaltoys,Learning environmentwithacalmandstructured atmosphere,Structuredworksheets

3. Curriculum:Usingalevelsystem,eachlevelis designedtobuildastrongfoundationbefore movingontomorecomplexconcepts.

4. Price:±Rp.400.000/month

To support their studies, students often need tutoring centers that can enhance their learning experience

TutoringforStudents

TowardsStateUniversities

Ganesha Operation

1. NumberofBranches:54+

2. Facilities:THEKINGMethod, TutorialServiceTime(TST),TO& progressevaluation, PsychologicalTest,SNBP Software,ParentsMeeting, LearningSupportBooksand ThousandsofPracticeQuestions

3.Curriculum:Adjuststothecurriculumimplementedin schools,oneofwhichistheMerdekaCurriculum

4.Price:±Rp20.000.000/year

Nurul Fikri

1. NumberofBranches:80+

2. Facilities:QualifiedTeachers, Zuperbook,Attractivedigital modules,24−hourindependent onlinelearning,Freelearning consultation,Scholarshipsfor outstandingstudents, post-graduationservices

3.Curriculum:Independentcurriculum,2013curriculum, andspecialmaterialsforPTNtests

4.Price:±Rp8.000.000/Semester

TowardsStateUniversities

Inten

1. NumberofBranches:40+

2. Facilities:Classeswithlimited students,learningmethods accordingtohowthebrainworks, dailyquizzes,additionalprograms andexampreparation,periodic TO,graduationguarantee, motivationalclasses,homeroom teachersandregularreports

3.Curriculum:implementingacurriculumtailoredtothe needsofpreparingoneselftofacevariousStateUniversity (PTN)entranceselectionpaths

4.Price:±Rp17.500.000

Brain Academy

1. NumberofBranches:40+

2. Facilities:Technologyintegrated face-to-faceclasses,PRclinics, onlinelearningfeatures,learning problemconsultations,periodic learningreports,self-development classes,TOPremium

3.Curriculum:Adaptinglearningmaterialstothe IndependentCurriculumandtheRevised2013Curriculum (RevisedK13)implementedinIndonesianschools.

4.Price:Offline&Online;±Rp6.000.000&±Rp2.000.000

TowardsNationalUniversities

LIA

1. NumberofBranches:40+

2. Facilities:Modernclassrooms, libraryandreadingroom,waiting room,multimediafacilitiessuch asLCDprojectorsorTV, speakers,andwhiteboardsthat supportlearning.

3.Curriculum:compiledbyLIA'sinternalteamandupdated regularlytoensurerelevanceandeffectiveness.

4.Price:±Rp1.800.000/3month

EF

1. NumberofBranches:50+

2. Facilities:ModernClass,English onlyEnvironment,additional Classwithoutreservation, DiscussionGroup,Personal serviceconsultant,AccesstoAll EFcenter,comfylounge

3.Curriculum:Flexibleandvaried,tailoredtoEnglish learningneedsandavailableprograms.

4.Price:±Rp6.000.000++accordingtotheprogram

Thedemandforeducationisveryhigh,butthequalityofeducationfacilities isstillnotallequal,coupledwiththehighcostsissue

Internal

External

(1) StrongDemandforEducation–Indonesia’slargeand growingpopulationensuresacontinuousdemandfor education

(2) OpportunitiesinDigitalization–E-learning,online tutoring,andinternationalcertificationprogramsprovide newavenuesforexpandingeducationaccessibilityand quality.

(3) UnequalAccesstoEducation–Schooldistribution remainsuneven,withtopinstitutionsconcentratedin Jakarta,limitingaccesstoqualityeducationinother regions.

(4) FinancialBarriers–Higheducationcostscreate challengesforsomefamilies,restrictingtheirabilityto accesshigh-qualityschoolsandlearningprograms.

(5) RisingCompetitionintheEducationSector–The growingnumberofprivateschoolsandtutoring institutions,bothofflineandonline,intensifiesmarket competition,makingitchallengingtomaintainastrong presence.

Strength

● S1:Indonesia'slargeandgrowingpopulation ensuresastabledemandforeducation.

● S2:Privateschoolswithhigh-quality facilitiesareincreasinglyavailable.

● S3:Publicawarenessoftheimportanceof educationisrising,includinginterestin tutoringcentersandskillcourses.

● O1:Thedigitalizationofeducation,suchas e-learningandonlinetutoring,expands learningaccessibility.

● O2:Educationalpoliciesthatencourage partnershipswiththeprivatesectorcan enhanceeducationqualityandaccessibility.

● O3:Growinginterestininternational educationandcertificationcreates opportunitiesfortutoringcenterstooffer globallyrecognizedprograms.

● W1:Thedistributionofschoolsacross regionsremainsuneven,withtopschools concentratedinJakarta.

● W2:Educationcostsareaburdenforsome families,limitingaccesstoquality education.

● T1:Disparitiesineducationqualitybetween regionscanwidenthegapinaccessand learningoutcomes.

● T2:Intensecompetitionamongprivate schoolsandtutoringinstitutions,bothoffline andonline,poseschallengesinmaintaining marketpresence.

Infrastructureimprovementsmustbepursuedinlinewithtechnologicaldevelopments acrossthecountrysothatthequalityofeducationisalwaysrelevanttothetimes.

SOStrategies(LeverageStrengths+Opportunities)

UtilizingLeadingSchools andQualityEducators

Developing teacher exchange programs and training to enhance education quality across different regions.

MinistryofEducation,Leading schools,Teachertraining institutions

Implementing AI-driven learning systems and data analytics to personalize teaching methods accordingtostudentneeds.

EdTechstartups,Ministryof Education,Schools

DevelopingE-learning Platforms

EncouragingPublic-Private Partnershipsin EducationalInfrastructure

Expanding access to education through digital platforms covering variouslearninglevels.

Attracting investments from the private sector to build high-quality schoolsandeducationalfacilities.

Smarthometechfirms, Propertydevelopers

Government,Privateinvestors, Educationalfoundations

Increasingthe EfficiencyofPublic Schools

Allocating more funding for teacher training and infrastructure to reduce thequalitygapwithprivateschools.

MinistryofEducation,Local governments,NGOs

ExpandingEducation Digitalizationfor RemoteAreas

IncreasingIncentives forInvestorsinthe EducationSector

Using technology to provide broader access to education in regionswithlimitedschoolfacilities.

Allocating more funding for teacher training and infrastructure to reduce thequalitygapwithprivateschools.

EdTechstartups,Internet providers,NGOs

CSRprograms,Educational foundations,Local governments

MappingSchoolNeeds inEachRegion

Developinga SustainableEducation Model

Conducting education needs analysis to ensure equal distribution ofeducationalfacilities.

Implementing policies and incentives for schools to adopt cost-effective and eco-friendly educationpractices.

MinistryofEducation, Researchinstitutions,Local governments

Government,Investors,Private schools

WOStrategies(AddressWeaknessesviaOpportunities)

STStrategies(CounterThreatsviaStrengths)

WTStrategies(MitigateWeaknesses+Threats)

UsingTechnologyto ReduceEducational Gaps

MarketResearch

Leisure

Roads/Transportation

GreenOpenSpaceisoneoftheimportantgoalsinIndonesia'sdevelopmentplanning, butitisstillnotwellimplemented.

The government has set a minimum allocation of green open spacethatshouldbeplannedforurbanareas.

However,Jabodetabekhasnotbeenabletofullyimplementthe policytodateduetovariouschallenges

Bappenas data shows that in 2023, Jabodetabek had only 9.8% green open space, far below the 30%target

Constrains1

Most of the land originally reserved for green spaces is being converted into residential, commercial, or infrastructure areas to accommodate rapid populationgrowth.

Funds allocated from the APBD are often limited, especially when they have to compete with other priority needs. In addition, high land prices hamper the acquisition process. Implementation is constrained by inconsistent political supportandlackofintegratedcoordinationbetweeninstitutions.

SomeareasintheJabodetabekurbancenteralreadyhaveseveralparksthatsupportthe qualityoflifeofthesurroundingcommunities.

There is a free-for-all park with excellent facilities and technology,makingitanattractivedestination

Oneofthebest:TebetEcoPark

favoritedestinationforbecauseithasanurbanforestconceptwithmanymodern facilities,includingskywalksandcommunityactivityzones.

ThemedPark:TamanLiterasiMarthaChristinaTiahahu

● Literacy Hub: Offers a collection of books and openreadingareas.

● Community Activities: Hosts workshops, publicdiscussions,andculturalevents.

● Modern Design: Combines natural elements withminimalistarchitecture.

Andactually,urbanareasinIndonesiaalsohaveatraditiontohave atleastan“Alun-alun”asthecenterofcommunity

“alargefieldinfrontofthe palaceorinfrontofthe regent'sofficial residence,etc.”-KBBI

as a Muslim-majority country, it is common for Alun-alun to have a CentralMosque.

Location: Close to the center of localgovernment

Lotsofshadytrees

CityForest:HutanKotaGBK

● Cityparksandmultifunctionaloutdoorpark areasthatcanbeusedforavarietyofactivities

● Joggingtrackspeciallydesignedforrunners.

● Picnicking:bringownmatsandfood.

as a place for the center of community activities, a meeting point between the government andthecommunity

PT Mayora Indah Jayanti 2, can distribute CSR in the form of a children's playground in the yard of the Jayanti sub-districtoffice,Tangerang.

Bogor

Tangerang

Depok

Unlikesomeotherareas,manyparkshaveseveralproblemsthatmakethem unfittobeaproperpublicspaces.

Even many public spaces in the city center still do not reach the desiredstandard.

KotaBekasi

Ingeneral,manyparksarenot well-maintainedduetothelackof staffandthelackoffacilitiessuchas trashbinssothatalotofgarbageis scatteredaround.

Political will and community behavior also reduce the quality of publicspaces.

OperationalHours

Parks are often closed during the night to the next morning. Maintenance costs are a major concern, not tomentionthepotentialdangerduetocriminality

LitteringHabit

People's habit of littering often damages and disturbs, both aesthetically and in terms of cleanliness.

Vandalism

Teenagers often express themselves by graffitiing public facilities to show their existence. This is a commonproblemnotonlyinpublicparks

Overflowofvisitors

The uneven number and quality of parks means that people will tend to choose one of the best parks as theirfirstchoiceforrecreation.

Therealizationofgreenopenspaceforallstillfacesmanychallenges,although therearealreadygoodbenchmarks

InternalFactors

Strengths

(1) GreenOpenSpace(GOS)ImplementationisFar BelowTarget

(2) SomeParksHaveDevelopedWellandServeas PositiveExamples

(3) ManyParksAreStillUnfitasPublicSpaces

(4) PublicBehaviorandSocialFactorsAffectPark Quality

(5) GrowingPublicAwarenessandCSRfundingled totheOpportunitiesforGreenSpace Development

● S1:SomeparksinJabodetabekalready supportthequalityoflifewithexcellent facilitiesandtechnology(e.g.,TebetEcoPark, HutanKotaGBK).

● S2:TheconceptofAlun-Alunasa communitycenterisstillmaintainedinsome cities

● S3:Greenopenspacesprovidevarious benefits,includingecological,socio-cultural, aesthetic,andeconomicadvantages.

Weaknesses

● W1:Jabodetabekhasonly9.8%greenopen space,farbelowthe30%targetsetby RegulationPermenATR/BPNNo.14/2022.

● W2:Manycityparksstillfailtomeetproper standards(e.g.,Alun-AlunKotaBekasi,which suffersfromillegalparking,low-quality buildingmaterials,andalackoftrashbins).

● W3:Limitedbudgetandweakcoordination betweeninstitutionsslowdownthe implementationofgreenspacedevelopment.

ExternalFactors

Opportunities

● O1:Rapidurbanizationcandrivethe developmentofgreenopenspacesaspartof sustainablecityinfrastructure.

● O2:Modernparks(likeTebetEcoPark)can serveasmodelsforfutureparkdevelopment.

● O3:Increasingpublicawarenessofthe importanceofpublicspacescanencourage morecollaborationbetweenthegovernment andcommunities.

Threats

● T1:Fastlandconversionisturninggreen spacesintocommercialandresidential areas.

● T2:Negativepublicbehavior,suchas vandalism,littering,anddestructiveactions, candamagepublicfacilities.

● T3:Unequalparkqualityleadstosomeparks beingovercrowdedwhileothersare neglected,resultinginunevenaccessto greenspaces.

GreenOpenSpace

isoneoftheimportantgoalsinIndonesia'sdevelopmentplanning, butitisstillnotwellimplemented.

SOStrategies(LeverageStrengths+Opportunities)

Builtmoreparks

Develop more modern parks as model projects to improve green spacequality.

Community-basedpark Promote community-based park initiatives to increase public engagement in green space maintenance.

Localgovernments,Urban planners,Privatedevelopers

Communitygroups,NGOs, CSRprograms

STStrategies(CounterThreatsviaStrengths)

WOStrategies(AddressWeaknessesviaOpportunities)

MeettheGovernment’ target

ImproveParks’ standard

Expand green open spaces to meet the 30% target through land allocationpolicies.

Improve park standards with better infrastructure, security, and cleanliness.

MinistryofPublicWorks,Local governments,Environmental agencies

Localmunicipalities,Private investors,Smartcityinitiatives

Discourageland usechange

Strengthen policy enforcement to preventgreenspaceconversion.

Governmentregulators,Law enforcement,Urban planners

Controlling Community Behavior

Implement smart surveillance & public education to reduce vandalismandnegativebehavior.

Techcompanies,Security agencies,Local communities

Strategies(MitigateWeaknesses+Threats)

ManageFunding Secure dedicated funding & partnerships to ensure green space development despite budget limitations.

improvepark location distribution

Address unequal park quality by redistributing investment to underdevelopedparks.

PPPinvestors,Green financeinstitutions,Local governments

Localgovernments,NGOs, Smartcityplanners

MarketResearch

DevelopmentTrends:Roads/Transportation

SUMMARYONSUPPLYANDDEMAND

Jabodetabek features an extensive road network, including arterial, collector, and toll roads, connecting urban and suburbanareas.

Jabodetabek hosts various public transportation modes, including KRL Commuter Line, TransJakarta BRT, MRT Jakarta, LRT Jabodebek, and local minibuses (angkot). Efforts to integrate these systems under a single platform aim to improve accessibilityandefficiency.

AccordingtotheJabodetabekTransportationMasterPlan(RITJ), thenumberofdailytripsinJabodetabekhassurpassed 80milliontrips

Themajorityrelyonprivatevehicles(motorcyclesand cars),leadingtoseveretrafficcongestion.

Thechartillustratesthetrendsinthenumberof passengersusingpublictransportationinJakartafrom JanuarytoAugust2024,dividedintothreemain modes:TransJakarta,MRTJakarta,andLRTJakarta.

Thenumberofmajortollroaddevelopmentplansindicatesthatthegovernmentstill prioritizestheaccessibilityofprivatevehicles

Three major toll road projects under construction, partially operational,plannedtosupportexistingtollroadinfrastructure

JakartaOuterRingRoad-II(JORR-II) 110,4km

Connects Soetta (CGK) International Airport and Tanjung Priok Port in North Jakarta without having to go through JORR 1, passes through Bekasi, Depok, and South Tangerang, fully operationalsinceJuly2024.

JakartaOuterRingRoad-III(JORR-III)* 91+70km*

*planned

Connects Tangerang - Bogor - West Karawang, also integrated with the SemananBalaraja (PIK 2) plan, as well as the KamalTeluknaga-RajegTollRoad.

Jakarta -CikampekII(South)

Inaddition,thereareseveraltollroadsplannedtosupportthe regionalactivitiesofeachregioninJabodetabek.

(BRT)

an 11−kilometer toll road that circles the city of Sentul Selatan part of the

64km

One of the PSN, an alternative to the JakartaCikampek I toll road, planned from Jati Asih, throughSouthKarawang,toPurwakarta.

*InPlanningstage,mostarenotyetunderconstruction

BecakayuToll-roadExpansion*

Melayu. Built to alleviate congestion around Kalimalang and an alternative to the Jakarta-CikampekTollRoad.Currentlythereisa plantoadda12kmsectiontowardsTambun. 33km

Stands for Bekasi–Cawang–Kampung

Somepartsofthecitycenterhaveadoptedmoreinclusivestreetfacilities,butmostother partsarestillnotwelldeveloped.

SomeMajorRoadshavemeetthestandardsthatsupportssafety, inclusivity,andintegrationwithpublictransportation.

However,mostoftheroadsstilldonotpayattentionto pedestrianrightsanddonotmeetpropersafetystandards.

JalanRayaBogor

Issues: BSDCity

- AbsenceofproperdedicatedpedestrianLanes

- On-streetParking

- Streetvendors

- Streetlights,trees,andotherobjectsthatbecomeobstacles

However,thedevelopmentofpublictransportationcontinueswiththedevelopmentof BRT,andrail-basedpublictransport.

Presidential Regulation No. 55/2018: Establishes the Greater Jakarta Transport Master Plan (2018–2029) prioritizing integrated public transportation systems like MRT,LRT,andBRT.

BusRapidTransit(BRT)SystemTransJakarta&TransJabodetabek

Now the world’s longest BRT system at 244 km.

Reached 30.93 million in January 2024, up 54.66% year-on-year. 4,487 buses by June 2024,a12.74%increase.

JakLingko:IntegrationandInnovation

JakLingko simplifies travel across modes (TransJakarta, MRT, LRT) with a maximum fare of Rp10,000 per trip. Revitalization projects, such as Blok M Terminal, aim to integrate with MRT Jakarta, improvingaccessibilityanduserexperience.

SupportingInfrastructure:TerminalsandBuswayLanes

Busway lanes enhance the efficiency of TransJakarta by minimizing traffic interference. These dedicated lanes ensure quicker and smoother operations for BRT services.

ComparativeAnalysisofCurrentandFutureTransportationProjects: TODTrendsinJabodetabek

5 locationsdesignatedasTODzones:,

● LebakBulus,

● Fatmawati,

● BlokM,

● Istora-Senayan,

● DukuhAtas.

Progress: Collaborates with the Japan International CooperationAgency(JICA)todevelopTODareas.

TheprincipleofTODarea:

● Mixedused

● Highdensity

● Improvedqualityofconnectivity

● Improvedqualityoflife

● Socialjustice

● Environmentalsustainability

● Infrastructureresilience;and

● Economicrenewal

CompletingLRTandKRLLines

MRTJakartaPhaseIII

DevelopmentTrends:Roads/Transportation

Thegovernmentisprimarilyresponsiblefortransportation,supportfromthe privatesectorisbeginningtoemerge,butsomelimitationsareholdingitback.

KeyStakeholders

GovernmentBodies

Ministry

ofTransportation/RegionalGovernments

➢ Oversees national transportation policies, regulations, and infrastructureplanning.

➢ Responsible for executing road and public transportation infrastructureprojects.

BPTJ(JabodetabekTransportationManagementAgency)

DirektoratJenderalIntegrasiTransportasidanMultimoda

Replacedby

CurrentTrends

Public-PrivatePartnerships(PPP)

➢ Increased use of PPP models for financing toll roads, MRT,andBRTexpansion.

➢ MajorPPPprojects:Jakarta-BandungHigh-SpeedRail, LRT Jabodebek, Jakarta Outer Ring Road (JORR) extensions.

➢ Foreign and domestic investors, including JICA (Japan), China Railway, and local SOEs (BUMN), play a crucialrole.

➢ Focuses on reducing congestion and improving connectivity inJabodetabek.

PrivateSector

ConstructionCompanies

➢ Such as Jasa Marga (roads) and Adhi Karya (LRT), involved in buildingandmaintaininginfrastructure.

TransportOperators

➢ Includes TransJakarta, MRT Jakarta, LRT Jabodebek, andKRLCommuterLine.

Issue:UnevenObligationandRiskbetweenstakeholders

Integrated highway bus system and transportation integrator application developed by the Jabodetabek TransportationManagementAgency

Issue: The government will stop support in 2025, leaving it up toeachlocalgovernment.

As January 2025, the government is still committed to supportingthrough2025,

Dependencyonprivatevehiclesmustbereducedbyincreasingthecapacityandqualityof publictransportationdrivenbyvariousstakeholders.

Car–n-Motorcycle-CentricDevelopment

(1) Tollroadconstructionplansandexecutionshow car-centricdevelopmentstilltakesprecedence

(2) TheNumberofPrivateVehicleTripsarestill concerning

(3) PoorTransportationConnectivityandPedestrian Facilitieshinderpeople'shabitofchange

SustainableTransportationDevelopment

(1) However,thedevelopmentofmulti-modalpublic transportationhasbeenthoroughlyplanned, awaitingexecution.

(2) SeveralareasinDowntownJakartahave implementedtheTODconcept,withcomplete publictransportationsupportfacilities.

(3) Governmentsupportexistswithvariousregulations, buttheconsistencyoffinancingisstillquestionable

Strength

● S1:Diversemodesoftransportationsuchas KRLCommuterLine,TransJakartaBRT,Jakarta MRT,andJabodebekLRTwhichhavequite extensivecoverage;

● S2:Improvedtransportationservicesare realizedthroughtheconstructionand expansionoftheJakartaMRTPhaseIII,the developmentofLRT,theadditionofBRTlines, andtheconstructionandexpansionoftoll roadstoaccommodateprivatevehicletraffic;

● S3:ThedevelopmentofTODareasaround MRTandLRTcanimproveaccessibilityand encouragetheuseofpublictransportation.

Weakness Opportunity Threat

● W1:Highdependenceonprivatevehiclesas indicatedbythemajorityofdailytrips(80 milliontrips/day)stillrelyonprivatevehicles, causingseverecongestion;

● W2:LimitedPedestrianSupport Infrastructuresuchasmanyroadsthatdonot haveadequatesidewalks,bicyclelanes,or pedestrianfacilitiesthatreducepeople's interestinwalkingorusingpublic transportation;

● W3:Thedailycapacityofpublic transportationisnotsufficienttomeetthe needsofthecommunity,andtheMRTandLRT stillhavelimitedcoverage.

● O1:Governmentsupportforpublic transportationthroughPresidential RegulationNo.55/2018andcollaborationwith JICAforthedevelopmentofTODareas;

● O2:JakLingko'sintegratedticketingsystem, digitalpayments,andreal-timeinformation improvetheefficiencyandconvenienceof publictransportationusers;

● O3:Awarenessofreducingcarbon emissionsandcongestionisincreasing, openingupopportunitiesfortheuseofpublic transportationandthedevelopmentof bicycleandpedestrianpaths.

● T1:Uncontrolledgrowthinthenumberof privatevehiclesexacerbatescongestionand airpollution;

● T2:Theriskofinfrastructureprojectdelays mayhindertheimprovementofpublic transportationservices;

● T3:Governmentinvestmentisstillmoreon tollroadconstruction,encouragingtheuse ofprivatevehiclesratherthanpublic transportation.

● T4:Illegalparking,roadoccupancybystreet vendors,andviolationsoftrafficruleshinder thesmoothtravelofpublictransportation.

Dependencyonprivatevehiclesmustbereducedbyincreasingthecapacityandqualityof publictransportationdrivenbyvariousstakeholders.

SOStrategies(LeverageStrengths+Opportunities)

Improveintegrationand publictransportationfriendlyecosystems

Continue Develop Transit-Oriented Development (TOD) areas to improveaccessibility.

Integrate more transportation modesintotheJakLingkosystem.

IncreasingPublic TransportAwareness Increase public awareness campaigns about public transportationbenefits.

WOStrategies(AddressWeaknessesviaOpportunities)

JakartaTransportationAgency, Urbanplanningfirms

Public&privatetransport operators

Government,community

stricterruleson privatevehicle users

STStrategies(CounterThreatsviaStrengths) WTStrategies(MitigateWeaknesses+Threats)

Progressive taxes & restrictions to reduceprivatevehiclegrowth.

law enforcement against illegal parkingandstreetobstructions.

Ensurebetter projectmgmt

Enforcestricter project funding and managementtoavoiddelays.

DPRD,Police

Expandpublic transportcapacity investing in fleet size and infrastructure.

Encouragingtheuseof publictransportation Provide incentives for public transportusers,suchasdiscountsor loyaltyprograms.

Enhancepedestrian infrastructureand bicyclelane

Standardization of pedestrian and cyclepathsupportfacilities

MinistryofTransportation, Localgovernmentagencies, Privateinvestors&transport operators

Better Public-Private Partnership(PPP) schemes.

additional regulations to ensure legal certainty and commitment amongstakeholders

Government, Constructor, FinancePlanner

Government,Private investors&infrastructure firms

ThankYou!