Sinarmas, Mitsubishi, Surbana Jurong to develop a transit-oriented development in Greater Jakarta

Mitbana, a joint venture company of Mitsubishi Corporation and  Surbana Jurong, together with Sinarmas Land Limited (SML) through its subsidiary, PT Bumi  Serpong Damai Tbk. (BSDE), announced today that they will be jointly developing the first interconnected multi-modal  transport  complex  in  Greater  Jakarta.  

This  project  is  Mitbana’s  maiden undertaking in Indonesia and is part of a growing partnership with SML. The new Transit-Oriented Development (TOD) is strategically located in the Intermoda district in  Bumi Serpong Damai (BSD) City,  the largest established and thriving satellite township in  Greater Jakarta for BSDE. The Intermoda TOD will be connected to the Cisauk Train Station, located  along  the  Kereta  Rel  Listrik  (KRL)  commuter  line  that  allows direct  access  to  Jakarta’s  Sudirman Central Business District in under an hour. Mitbana and SML will also collaborate to explore smart technologies to enhance bus services  between  BSD  City  and  surrounding  townships.  

Users of Cisauk Station  will  enjoy  expanded  and  upgraded  facilities including  new  retail  and  food  &  beverage  offerings, and community facilities for young families, professionals and students from a nearby university. When completed, the entire Intermoda TOD will cover a land area of approximately six hectares. Construction will begin in 2022.

Sinarmas Land said that the Intermoda TOD is part of Mitbana and Sinarmas Land’s plan to transform over 100 hectares of greenfield land in BSD City into TODs comprising residential apartments, commercial properties, lifestyle amenities and public transport nodes. Read more

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