Jokowi Candidly Reveals Land Prices in IKN, Entrepreneurs Urged to Invest Immediately

Jokowi Blak-blakan Ungkap Harga Tanah di IKN, Promo Pengusaha Segera Investasi

"Jokowi Bluntly Reveals Land Prices in IKN, Entrepreneurs Urged to Invest Soon"

"Dream - President Joko Widodo (Jokowi) suggests investors to immediately invest in the Nusantara Capital (IKN), as he believes that land prices will continue to rise in the future."

Jokowi Candidly Reveals Land Prices in IKN, Entrepreneurs Urged to Invest Immediately

Jokowi is outspoken, the current land prices in IKN range from Rp400 to 800 thousand per meter. However, he believes that the increasing demand for land in IKN will reduce the availability of land. As a result, land prices will also increase.

"Now we know the price is between Rp400-800 thousand, in Balikpapan alone one meter is already Rp15 million, in Jakarta it's already Rp200 million,"

"revealed Jokowi at the Groundbreaking of Astra Biz Center and Nusantara Botanical Garden, quoted from YouTube Sekretariat Presiden, Wednesday, June 6, 2024."

Jokowi continued, the price of land will continue to move forward. The price of land can change again the next day.

Then he handed over the land pricing policy to the Acting Head of IKN Authority, Basuki Hadimuljono. "But the price is conveyed now, tomorrow it can change depending on the Head of the Authority. If someone asks for a lot, automatically, if the demand is high, the price will automatically increase," he said.

Former Governor of Jakarta also informed about investment plans from the Owner of Emaar Properties, Mohammed Ali Rashed Alabbar, who recently visited IKN Nusantara with Minister of State-Owned Enterprises Erick Thohir.

"If the investment from the builder of Burj Khalifa is realized, according to Jokowi, the land prices may increase. 'This means once again that after that, the land prices may change, just so you know,' he emphasized."

As information, the government announced the resignation of the Head of IKN Authority, Bambang Susantono, and the Deputy Head of IKN Authority, Dhony Rahajoe. Following that, the Presidential Decree (Keppres) has been issued appointing the Minister of Public Works and Housing (PUPR), Basuki Hadimuljono, as Acting Head of IKN Authority and the Deputy Minister of ATR, Raja Juli Antoni, as Acting Deputy Head of IKN Authority.

The President asks Basuki and Raja Juli to ensure the acceleration of development to the best of their ability, in accordance with the vision of the Nusa Rimba Raya plan and provide positive benefits for the community.

Luhut Binsar Pandjaitan

Reasons for the Resignation of IKN Authority Head Revealed, Luhut Mentions Performance

Luhut reveals that the IKN Authority Head must be willing to make decisions because they have very broad authority.