"With the increasing demand for boarding rooms and rental houses, rental rates have also surged significantly. "Since the development of the Nusantara City, many are looking for rental houses," said Rusli, one of the landlords in the Sepaku Village, as reported by merdeka.com, Monday, August 5, 2024."

"According to him, the rental prices for contracted houses have continued to rise since the development of the IKN, previously only around Rp5 million to Rp15 million per year. "The average houses of residents in the Sepaku District are made of wood and are stilt-style, added Bukit Raya resident Nuril, who also has a house that is rented out for Rp85 million per year," said Rusli."

"If the house is made of concrete and is nice, the rate can be more than Rp125 million per year, on average, rental houses are occupied by people who work on the development project of the Nusantara City," he added. The rates for boarding rooms in the Sepaku sub-district have also surged along with the high demand for boarding rooms. Parini, the owner of a boarding house in Bumi Harapan Village, said that the rental price for a room is now Rp3.5 million to Rp6 million per month."

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Previously, the room rental rate was only Rp500 thousand to Rp1 million, because as more people look for boarding houses, the rental prices also go up," he said. Meanwhile, Awang, a resident of Sukaraja Village, who is also a boarding house owner, stated that every day there are people looking for boarding rooms.