Updated on 26 August 2026
XGL Mixed-Use Development
Business Development Director at PT MRT Jakarta (Perseroda)
Indonesia
About
XGL Mixed-Use Development is the first mixed-use development in the Glodok Jakarta Old Town area directly integrated with MRT Kota Station. Located on Jalan Pintu Besar Selatan, West Jakarta, the project occupies a 5,919 sqm site with a total Gross Floor Area (GFA) of 36,499 sqm and a FAR utilization of 6.2.
The development comprises a 210-room midscale hotel and a 110-room budget hotel, both supported by MICE facilities, complemented by commercial retail and office spaces. The indicative Average Daily Rate (ADR) is approximately USD 61 for the midscale hotel and USD 35 for the budget hotel. Strategically positioned as a gateway to Jakarta Old Town, XGL is designed to support and complement the Jakarta Provincial Government’s revitalization plan for the area. The project’s design takes into consideration the distinctive historical, architectural, and cultural context of Jakarta Old Town and the surrounding Chinatown district, creating a contemporary development that respects and complements the area’s heritage character.
Direct integration with MRT Kota Station and other public transportation modes (Transjakarta Bus Rapid Transit) creates seamless connectivity, enhancing the comfort, convenience, and accessibility of visitors. At the heart of the development, a Green Plaza serves as a refreshing urban oasis and an open public space that encourages interaction, activities, and a sense of community within Glodok–Jakarta Old Town.
Through its strategic location, mixed-use program, heritage-sensitive design, and transit-oriented development approach, XGL is envisioned as a catalyst for the revitalization and long-term economic growth of the Glodok–Jakarta Old Town area.
Project Location
- Indonesia
Project Website
https://www.jakartamrt.co.id/
Project Format
- Private Project
Go Global Project
- Yes
ESG (Environmental, Social, and Governance)
- Yes
Project Stage
- Investment / Financing Discussion
Main Project Sector
- Urban Development
Urban Development
- Property Development
Total Project Value
- 25,000,001 to 50,000,000 USD
Investment Capital Required
- 25,000,001 to 50,000,000 USD
Interested Format of Cooperation
- Joint Venture
- Direct Equity Investment
Preferred Financing Model
- Equity
Type(s) of Last Financing Round of the project (if Applicable)
- Bootstrapping
Return on Investment
12.18%
Main Service(s) Required
- Financial Services
Financial Services
- Institutional Investment
Attached files
Similar opportunities
Project
Nusantara Capital City of Republic of Indonesia
- Yes
- Yes
- IoT
- Debt
- Equity
- Technology
- Data Centre
- Consultancy
- Construction
- Energy Storage
- Cloud Solution
- Legal Advisory
- Waste To Energy
- Technology Park
- Urban Development
- Industrial Parks
- Big Data Solution
- Financial Advisory
- Air Cargo Terminal
- ICT And Data Center
- Property Technology
- Property Development
- Open for negotiation
- Smart City Technology
- Aviation and Airports
- New Town Development
- Smart Card Technology
- Environmental Services
- Corporate Intelligence
- Smart City Development
- 50,000,001 USD or above
- 50,000,001 USD or above
- Infrastructure Services
- Building & Construction
- Environmental Technology
- Direct Equity Investment
- Port, Terminal & Airport
- Government & Public Funding
- Energy and Natural Resources
- Warehouse And Logistics Parks
- Public / Alternative Financing
- Information Technology Services
- Plantation, Fishery and Forestry
- Private Equity & Venture Capital
- Public-Private Partnership Project
- Green Building Solutions & Services
- Infrastructure & Utility Investment
- Building And Construction Technology
- Public–private partnership / Concession
Rusmin Lawin
F|ABCI,The International Real Estate Federation Board/Chair of REI Task Force of Nusantara Capital at REI Real Estate Developers Association of Indonesia
Indonesia
Project
REAL ESTATE DEVELOPMENT - Blvd. UVERTURII 224-240 BUCHAREST
- No
- No
- Consultancy
- Joint Venture
- Bootstrapping
- Private Project
- Urban Development
- Financial Services
- Investment Banking
- Property Development
- Open for negotiation
- Open for Negotiation
- Mergers & Acquisition
- Partner Identification
- Majority Shareholdings
- Building & Construction
- Direct Equity Investment
- 10,000,001 to 25,000,000 USD
- 10,000,001 to 25,000,000 USD
- Private Equity & Venture Capital
- M&A / Strategic Acquisition Opportunity
Victor Ungureanu Petcu
Owner's Representative at PETCU CONSTRUCT SRL
Romania