Nusantara signs housing deal worth Rp2.629 trillion and five private investments
The private projects carry a stated total value of Rp1.11 trillion and cover food production, furniture, dining, sports and commercial facilities.
Indonesia’s Nusantara Capital Authority signed agreements on 14 October 2026 for eight civil-servant apartment towers valued at Rp2.629 trillion and five private investment projects with a stated combined value of Rp1.11 trillion. The signing took place in Nusantara’s core government district.
The apartment development will use a public-private partnership, with PT Nindya Karya and PT Nindya Estate Management as project initiators. It comprises 288 units measuring 190 square metres each on a 6.84-hectare site in planning area WP 1A, according to the authority.
Separately, PT Intiland Development Tbk, through project company PT Seratus Sembilan Nusantara, signed an agreement on 6 October 2026 for 109 civil-servant houses valued at Rp2.819 trillion. Each house will measure 390 square metres. The partnership runs for 10 years, including two years of construction and eight years of service, with completion expected in the fourth quarter of 2028.
The five private investors outlined the following developments:
- PT Berdikari (Persero) plans a parent-stock layer farm and hatchery in WP 3, with estimated investment of Rp177 billion, a 17.27-hectare site and capacity for about 140,000 chickens.
- PT Indonesia Belt Road High Tech Development Park plans Grand Vista Nusantara in KIPP 1B, combining commercial space, apartments and offices on 3.57 hectares, with estimated investment of Rp1 trillion.
- PT Laziz Nusantara Grup plans Arabic Resto, a gelato outlet and a multipurpose building on 0.54 hectares in KIPP 1B, with estimated investment of Rp10 billion.
- PT FYP Karya Perdana plans Teras Padu, a sports and supporting commercial development on 0.45 hectares in KIPP 1A, with estimated investment of Rp20 billion.
- PT Java Teak Indo plans a Jepara furniture showroom and office on 0.2 hectares in KIPP 1A, with estimated investment of Rp1.5 billion.
Authority head Basuki Hadimuljono said Nusantara’s construction draws on public-private partnerships, private investment and grants alongside the state budget. He said the development would also create employment opportunities for surrounding communities.
