Mangkuluhur City

Mangkuluhur City is a mixed development of four skyscrapers and one high-rise building on Jalan Jenderal Gatot Subroto in Jakarta, Indonesia.

Mangkuluhur City
General information
TypeHotel
Commercial offices
Residential
Architectural styleModern
LocationJakarta, Indonesia
AddressJalan Jenderal Gatot Subroto Kav 1-3
Construction started2014[1]
Completed2018-2020
OwnerPT Kencana Graha Optima
PT Wisma Purnayudha[2]
Height
Top floor386 m x 1
224 m x 1
211 m x 1
142 m x 1
134 m x 1[3]
Technical details
Floor count87 floors x 1
52 floors x 1
35 floors x 1
34 floors x 1
Design and construction
ArchitectDP Architects
DeveloperKG Global
Structural engineerPTI Architects

Mangukluhur City is named after Darma Mangkuluhur, the son of the development's co-owner, Tommy Suharto.[4] The project is a collaboration between PT Wisma Purnayudha Putra and KG Global Development. PT Wisma Purnayudha Putra is owned by Tommy[5], while KG Global Development is owned by Harry Gunawan and Edy Hartono.[6]

Tommy holds 100% ownership in the existing Crowne Plaza hotel, which will operate in Mangkuluhur City. A Regent Hotel is also being developed at the site and is scheduled to be opened at the end of 2020 with nightly rates starting from Rp3.5 million.[7]

Total land area of the development is about 4 hectares. The tallest of the towers, The Pinnacle, will have 80 floors above the ground. [8]

The development comprises Office Tower 1, Officer Tower 2, Apartment Tower A and Apartment Tower B.[9] Office Tower 1 is 33 floors, while Office Tower 2 is 80 floors. Apartment Tower A is 53 floors and Apartment Tower B is 30 floors. Tower A will house the Regent Hotel and Regent Residences, while Tower B is being managed by Frasers Hospitality.[10] Office Tower 1 and Apartment Tower B topped off in March 2017. Office Tower 1 houses KEB Hana Bank as its main tenant, which has a 20 year lease.[11]

Mangkuluhur City offers units for sale and rent. Some 60% are for sale and 40% for rent. The 185 luxury apartments are branded Regent Residences, part of the InterContinental Hotels Group. The apartments were first offered to consumers with a price of $5,000 per square meter at an exchange rate of Rp10,000 (Rp55 million per square meter). The smallest apartment, measuring 251 square meters, would cost about Rp13.805 billion. In July 2019, the prices were raised to Rp68 million to Rp75 million per square meter, excluding VAT.[12]

See also

References
  1. Alexander, Hilda B (12 December 2014). "Perkantoran Mangkuluhur City Laku Keras". Kompas.com. Retrieved 14 January 2020.
  2. Rusyanto, Edo (13 September 2016). "Perkantoran Mangkuluhur City Terjual 70%". Beritasatu.com. Retrieved 14 January 2020.
  3. "Mangkulur City".
  4. "Tommy Soeharto tancapkan kuku di properti". Kontan.co.id. 10 September 2016. Retrieved 14 January 2020.
  5. "Harga Perkantoran di Gatot Soebroto Rp65 Juta/M2". MNC Media. 9 September 2016. Retrieved 14 January 2020.
  6. "KG Global danai proyek Mangkuluhur Rp 6 triliun". Kontan.co.id. 29 October 2014. Retrieved 14 January 2020.
  7. "Apartemen Super Mewah Tak Pernah Sepi Peminat, Regent Residence Serah Terima Unit ke Konsumen". Tribunnews.com. 16 July 2019. Retrieved 14 January 2020.
  8. "Realisasi Gedung 80 Lantai di Mangkuluhur City Tunggu Pilpres 2019". Kompas. Retrieved 5 December 2018.
  9. "Crowne Plaza Hotel Jakarta".
  10. "Mangkuluhur City, Perkawinan Bisnis Tommy dan Harry". Kompas. Retrieved 20 December 2017.
  11. "Tommy Soeharto Bangkitkan Bisnis Keluarga Cendana via Proyek Properti Ini". TRIBUNnews.com. 10 September 2016. Retrieved 14 January 2020.
  12. "Apartemen Mewah Regent Residence Mulai Diserahkan kepada Konsumen". Kompas.com. 16 July 2019. Retrieved 14 January 2020.

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