Kuningan Center Lot 3 and Lot 5, Jakarta

Stories

Kuningan Center Lot 3 and Lot 5, Jakarta

01 The Challenge

EDGE is looking an affordable development site for a Data Center within close proximity to the Jakarta Central Business District. The site must have good accessibility, its zoning can be converted for a data center, regularly shaped, plot ratio of minimum 4, does not require exposure to the main road, flood free, having fibre-optic connection from 3 paths and power connection from 2 sources.

02 The Solution

Kuningan Center Lot 3 and Lot 5 which was original planned for a small office development, perfectly meet EDGE’s requirement. It is rectangular in shape, located off the main road with good accessibility from several access points within the CBD which makes it possible to have multiple fibre optic connections. Both Lot 3 and Lot 5 have been allocated with a plot ratio of 4 and potentially to increase to 6, as they are part of a superblock development which were surrounded by other land plots with higher plot ratio. The land price is very affordable due to its plot ratio. As part of the due diligence process, the government confirmed that the commercial zoning of the site can be developed for Data Center.

03 The Result

As a result, the team achieved satisfactory results through negotiations with the land owner on the detailed conditions requested by the client. The transaction concluded in a relatively short period.