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Draft PPP Housing Project Profile
Draft PPP Housing Project Profile
HOUSING SECTOR
PPP PROJECT PROFILE
2022
DISCLAIMER
The material contains in this document, referred to as the Affordable Housing Investment Opportunities PPP Profile Book is a product of the Ministry
of Public Works and Housing, Republic of Indonesia. It should be noted that all data and information included in this document might be probably
altered or revised based on the PPP Housing Project planning and preparation progress. The material contained in this document should not be
reproduced or distributed without the Ministry of Public Works and Housing’s (MPWH) prior consent.
MAP
PLANNING &
2
Jl. Karawang Spuur, Kab. Karawang,
Jawa Barat
5
4 Kabupaten Penajam Paser dan Kutai
Kartanegara (IKN Tahap 1)
HOUSING
SECTOR PPP 5
PROJECTS
Note:
----- Central Government as GCA
----- Local Government as GCA
4
01 CISARANTEN BINA HARAPAN VERTICAL HOUSING PPP PROJECT
Overview & Location Government Contracting Agency (PJPK):
Ministry of Public Works and Housing
Bandung, capital of the West Java province, is Indonesia’s third-largest city. The city’s
proximity to Jakarta and expansion of the Jakarta–Bandung Region has resulted in
development of manufacturing units, hi-tech industrial estates, commercial services. The Return of Investment Mechanism:
huge development potential has led to in-migration, spurring a significant increase in Under Discussion
housing demand, with a substantial unmet backlog. As per the Bandung City Social
Service, between 2017 and 2019, the city had approximately 131,000-134,000 poor
households of which around 52% of the poor household needed immediate aid. Investment Cost Estimation:
IDR 1,074 Billion
The Cisaranten Bina Harapan Project is Indonesia’s first affordable housing PPP project
which was initiated by MPWH to increase the affordable housing stock which is in-line
with the MPWH’s strategic plan 2020-2024 for public housing improvement. The Concession Period:
objective of the project is to develop an integrated township with a total built-up area of 15 Years
~112,500 sq m. The project components are based on a market demand assessment
study that indicates an average demand of 1,000-3,000 rental housing units (locally
Investment Scheme:
known as Rusunawa); 500-1,000 affordable housing units, and 800-1,300 commercial DBFMT (Design – Build – Finance – Maintain ––
housing units. Transfer)
Location Advantages
Strategic Project
Proximity to proposed
infrastructure projects,
viz. the toll road, high
speed railway, cable Transit Potential Easy Access
car, proposed Located 4.4 km from Located adjacent to
secondary business Ujungberung Station primary arterial
and 6.7 km from road
district of Technopolis Cicaheum Station
and Gedebage, etc 5
01 CISARANTEN BINA HARAPAN VERTICAL HOUSING PPP PROJECT
Site Area
3,2 Ha
Land Status
(Right to Use) State-owned Asset
(BMN) of MPWH
Development
Plan
5 towers
1.897 units
Project Timeline
8
2019 2022 Q3-Q4 2023 Q1 2024 Start Q2 2024
02 KARAWANG SPUUR VERTICAL HOUSING PPP PROJECT
Overview & Location Government Contracting Agency (PJPK):
Ministry of Public Works and Housing
Karawang Regency is inevitably a prospective and one of the largest industrial
areas in Indonesia. It is home to several Industrial Estates, including Karawang
Return of Investment Mechanism:
International Industrial City (KIIC), Surya Cipta Area, and Bukit Indah City Area.
Despite the enormous Industrial Estates, based on 2020 statistical data, Availability Payment
Karawang’s unemployment rate reached 9%, followed by a large number of
poor people with total of 17%. Therefore, it becomes the main goal for this Investment Cost Estimation:
project to employ local workers as many as possible to decrease unemployment IDR 403 Billion
rate and improve the community's economy.
The project development is planned on 1.9 ha idle land owned by the MPWH. Concession Period:
The location is directly adjacent to the Cikalapa river and the Kampung Budaya 20 Years
(Culture Village) that is managed by the Culture and Tourism Office of Karawang
Regency. Karawang Spuur Vertical Housing PPP Project is targeted to meet the
Investment Scheme:
demands of (i) MBR housing through subsidized Rusunawa, (ii) Non-subsidiary DBFMOT (Design – Build – Finance – Maintain –
Rusun for non-MBR, and (iii) Commercial space for rent. Operate – Transfer)
Karawang Spuur St., Wadas Village, East Telukjambe District, Karawang Regency, West Java
Location Advantages
Potential Transit Strategic
Located 2.2 km from Located 1.4 km from Industrial Area Site Preparation
West Karawang Toll Perumnas Sentraland Proximity to the The land has been
gate and 850 m Apartment, Novhotel, largest industrial filled, therefore
from Karaba Indah Favehotel and area in Indonesia ready for
bus stop CitraGrand Hotel. construction
9
STUDIO
40
Design Concept
36 railing
utility shaft
balkon wc
Land Status
railing
utility shaft
balkon wc
Block
pantry bedroom
66
Karawang 1,753.27 sq km (Letter of Renunciation) State-owned Asset pantry
66
(BMN) of MPWH
Plan
living.rm
Regency
2,353,915 pop 1 BR
Profile
26.40 m2
STUDIO
Site Area
27.00 m2
23.80 m2
24.00 m2
pantry
2 towers
LANTAI 25
66
pantry bedroom
pantry
66
66
AREA
LANTAI 24
living.rm bedroom
BONGKAR
MUAT
27 floors
LANTAI 23
TPST
6 LANTAI 22
living.rm
2 BR A
1,175 units
LANTAI 21 1 BR 34.30 m2
STUDIO 34.00 m2
12
26.40 m2
10 L OBB
Y
FRONT
DESK
BACK OFFICE
1
JALUR
DARURAT
4
LANTAI 20 23.80 m2
24.00 m2 27.00 m2
2
OUT KLINIK
UMUM
ENTRAN
CE 1
MASJID
LANTAI 19
RETAIL
JALUR
I D OR
PEMADAM CORR SMOKE
ROOM
RETAIL KEBAKARAN
TANGGA
RETAIL
5
1
MAIL BOX
JALUR
TAMU 1
DARURAT
M/ E LOBBY
8
AREA
10
BONGKAR
MUAT LIFT
LOBBY JANITOR
TANGGA
LIFT SERFIS
AREA DARURAT
LANTAI 18 Future
SERFIS
BONGKAR
MUAT
LIFT LIFT
SMOKE
ROOM RETAIL LIFT
LOBBY ER
PASSANG AREA
PEDESTRIAN
PENGEMBANGAN
RETAIL JALUR
TANGGA
PEMADAM
13
KEBAKARAN
LIFT
Private
R. GENERATOR
DARURAT
development
LIFT
LANTAI 17
TANGGA
DARURAT
PEDESTRIAN
JALUR
19
RETAIL
7 LANTAI 16 36 40 55
RETAIL
52
10 10 LANTAI 15
railing railing
railing
AN 12
JALUR
PEDESTRIAN utility shaft utility shaft
9
utility shaft
JALUR
PEDESTRIAN
balkon wc balkon wc balkon
TANGGA
wc
DARURAT
LIFT
LIFT
3
RETAIL
LANTAI 14
TANGGA
Y
L OBB INDOOR
CE 3 TAMAN
BERMAIN
ENTRAN TANGGA LIFT
LIFT
2
bedroom bedroom
1
PEMADAM LOBBY ER MAIL BOX
R. GENERATOR KEBAKARAN LIFT PASSANG SMOKE
LIFT DARURAT ROOM
OUT
TANGGA
DARURAT
JANITOR
M/ E
RETAIL
IN bedroom
LANTAI 13
RESTROOM
I D OR
LIFT
CORR
LOBBY
SERFIS JALUR
RETAIL LIFT
pantry
DARURAT RETAIL
pantry
SERFIS
bedroom
RETAIL
pantry
RETAIL
Y
L OBB FRONT 2
BACK OFFICE
CE 2
66
DESK
66
10
ENTRAN
wc
SMOKE
66
66
RESTROOM ROOM
RETAIL
LANTAI 12
JANITOR
RETAIL RETAIL
JALUR
PEMADAM
KEBAKARAN
JALUR RETAIL
DARURAT
RETAIL
23
RETAIL
11
RETAIL
IN
12 LANTAI 10
railing
balkon
utility shaft
YA STUDIO 1 BR
NG BUDA LANTAI 9 2 BR A 2 BR B
KAMPU
JALAN
23.80 m2 26.40 m2 34.30 m2 36.30 m2
LANTAI 8 24.00 m2
Unit Type 27.00 m2 34.00 m2
Area (sq m) 36.00 m2
11 LANTAI 7
Studio 24
LANTAI 6
Type B: 36
wc utility shaft
balkon wc
Public Public
pantry bedroom bedroom bedroom
LANTAI 1
66
pantry
TAMAN BUDAYA
Shops/Kiosks
66
4 Prayer Room (persawahan)10 COMMON AREA COMMON AREA
`
COMMON AREA wc
66
COMMON AREA COMMON AREA (OUTDOOR) COMMON AREA living.rm living.rm bedroom
5 Loading Dock 11 Evacuation Route COMMON AREA TANAH ASAL TANAH ASAL railing
pantry living.rm
BATAS PROPERTI
BATAS PROPERTI
COMMON AREA
balkon
Semi-
12 Access to Basement
2 BR A
6 Integrated Waste
26.40 m2
10
34.30 m2
COMMON AREA
27.00 m2 2 BR B
COMMON AREA 34.00 m2
36.30 m2
Management Site RTH RTH RTH RTH RTH JALUR
PEDESTRIAN
36.00 m2
JALAN LINGKAR JALAN AKSES JALAN AKSES JALAN LINGKAR JL. TAMAN BUDAYA
GSB
02 KARAWANG SPUUR VERTICAL HOUSING PPP PROJECT
Project Structure
1 Risk Allocation
Risk Private Public
Design
Financing
Construction
Revenues – Rentals
Other revenues
Operations
Maintenance
2 Financial Highlights
Indicator Value
MPWH will provide the land free of encumbrances, market and allocate the houses to Project IRR 10.88%
occupants, with the Private Partner responsible for operating the for the concession period Equity IRR 18.37%
of 20 years, upon which the asset will be transferred back to MWPH. MPWH will make WACC 10.0%
the availability payments (AP) in its annual budgetary cycle. The AP payments will be Project NPV (IDR Billion) 28b
guaranteed by IIGF, and with the approval of the MoF. The development will be operated Equity NPV (IDR Billion) 72b
by an agency of MPWH in a self-sustaining manner. 350b
EPC Cost (IDR Billion)
Project Timeline CAPEX (IDR Billion) 403b
OPEX (IDR Billion) 355b
SP FBC Contract Signing Financial Close Construction Payback Period Equity (Years) 9
Concession Period (Years) 20
2020 Q1 2022- Q1 2023 Q1 2024 Q2 2024 Start Q3 2024 11
03 INTEGRATED RENTED VERTICAL HOUSING SEI MANGKEI SEZ PPP PROJECT
Overview & Location Government Contracting Agency (PJPK):
North Sumatra Provincial Government
Special Economic Zone (SEZ), or locally known as Kawasan Ekonomi Khusus (KEK) in
Sei Mangkei is the 5th largest investment opportunity in Indonesia. Sei Mangkei
Return of Investment Mechanism:
SEZ is situated close to the Kuala Tanjung Seaport—a special seaport for the Sei
Mangkei SEZ logistic purposes. Currently, its worker absorption in the industrial User Charge
sector is around ±1.800 employees.
Investment Cost Estimation:
The development of Integrated Rented Vertical Housing (Rusunawa) in Sei IDR 1.1 Trillion
Mangkei SEZ was driven by several challenges encountered by the Local
Government. In addition to the housing backlog problem, the North Sumatra
Provincial Government is required to fulfill the housing demand for (i) local labors Concession Period:
who work in the Sei Mengkei SEZ Industrial area, (ii) low-income communities 20 Years (incl. 2 years of construction period)
(MBR) of Sei Mangkei SEZ hinterland (such as Sibasa and Tebing Tinggi), and (iii)
expatriate residing in Sei Mangkei SEZ. The occurrence of stagnant development
Investment Scheme:
has caused a decline in Sei Mangkei’s regional economic growth. DBFMT (Design – Build – Finance – Maintain –
Transfer)
Keramat Kubah St.,
Perdagangan I I
Location Advantages
Village, Ring road Development Plan
Local secondary road
Rusunawa road development plan
S imalungun District,
Proposed bridge development
Preserved Historical Site “Keramat Kubah” Strategic Location
North Sumatra Regional-owned Located in the Northern Coast, proximity to the
Kuala Tanjung Hub International and approx.
Land 3 hours from Medan City. The area will be
Site owned by the connected to the Capital and Kualanamu Intl.
North Sumatra Airport and Belawan Port by the extension
A Main Entrance
B Gas Station
G Apartment Mix-used Tower
H Hypermarket Mix-used Tower Provincial project of Trans Sumatra Toll Road and
C Food Arcade
D Open Space
I PPP Rental Apartment
(Rusunawa)
Government proposed railway infrastructure.
E Mosque J Rusunawa II
F Hotel Mix-used
Building Tower
K Secondary
Entrance
12
03 INTEGRATED RENTED VERTICAL HOUSING SEI MANGKEI SEZ PPP PROJECT
Design Site Area Land Status
Regional-owned Asset Rental Apartment
Concept 3,3 Ha (BMD) of North Sumatra
(Rusunawa)
Provincial Government
2 Towers
Legend
23 Floors
Ring road Development Plan Total 809 Units
Local secondary road
Rusunawa road development plan
Proposed bridge development
Preserved Historical Site “Keramat Kubah”
Mixed-use Building
1. Apartment
1 Tower
21Floors, 209 units
A Main Entrance G Apartment Mix-used Tower
2. Hotel
B Gas Station H Hypermarket Mix-used Tower
1 Tower
C Food Arcade I PPP Rental Apartment 14 floors. 200 units
D Open Space (Rusunawa)
E Mosque J Rusunawa II
F Hotel Mix-used K Secondary
13
Building Tower Entrance
03 INTEGRATED RENTED VERTICAL HOUSING SEI MANGKEI SEZ PPP PROJECT
Playground
±1,050 sq m
Mosque
±550 sq m
Gas Station
875 sq m
Land Capacity
No. Land Use Area
Tower
(Ha)
1 Civil Servant Vertical Housing 101,25 137
1A-2 2 State Office Landed Housing 166,66 - 1C Zone
3 Public Vertical Housing 49,23 66 Land Capacity
4 Public Landed Housing 7,07 No. Land Use Area
Construction Worker Vertical Tower
5 10,2 25 (Ha)
Housing
1 Civil Servant Vertical Housing 4,81 6
1B 6 Mixed Area 50,50
IDR 32.15 Trillion /
2 State Office Landed Housing 141,14 -
Invesment Cost Estimation 3 Public Vertical Housing 31,77 43
USD 2.15 Billion
4 Public Landed Housing 81,9
1C 6 Mixed Area 36,59
IDR 6.91 Trillion /
Invesment Cost Estimation
USD 461 Million
Usulan Prakarsa
Korea Land & Housing Corporation
Precint Core: 23 Tower – 1.104 Unit
D1 Investment Scheme:
1
DBFMOT (Design – Build – Finance – Maintain –
D2 Operate – Transfer)
2 km
2
Location Advantages
3
4
5
social, commercial, office facilities, etc.
Facility/Strategic point area: ü One of the prime locations in South Jakarta
Stasiun MRT Lebak Bulus
Terminal bis Lebak Bulus ü Many modes of transportation
1 Stasiun MRT Hj. Nawi 5,5 km ü Good meeting point and transit between Jakarta-South
2 Stasiun MRT Cipete Raya 4,1 km
3 Stasiun MRT Fatmawati 4 km Tangerang-Depok-Bogor
4 Transmart-Carrefour 500 m ü Utilization of mixed function space that can be
5 Poin Square 1,8 km 19
developed with high intensity
05 PASAR JUMAT VERTICAL HOUSING- TOD LEBAK BULUS
TOWER 4
TOWER 3 RUSUNAWA
RUSUNAMI 295 Unit 19 Lantai
332 Unit 19 Lantai + + 1 Lantai Podium
TOWER 2
1 Lantai Podium
Apartemen Komersil
544 Unit 18 Lantai +
2 Lantai Podium
THANK YOU
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