Jakarta, Indonesia
World Capital Tower (WCT)
World Capital Tower is a Premium Grade A office building located in the heart of Jakarta’s Central Business District on Mega Kuningan, South Jakarta. This iconic skyscraper, standing at 270 meters tall with 54 storeys, is designed to be a landmark for global finance in the area.
Location
➢ Prime Location Located in the central business district (CBD) of Jakarta, it provides proximity to major financialninstitutions, government offices, and multinational corporations. This strategic location enhances networking opportunities and business partnerships.
➢ Accessibility: The area is well-connected by major roads and public transportation, making it easier for employees, clients, and partners to reach the office.
➢ Nearby Amenities: World Capital Tower is near China Embassy, shopping malls, restaurants, hotels, and entertainment options, making it convenient for employees and clients. It’s also close to embassies and other international institutions.
➢ Strategic Business Area, Situated in the heart of Jakarta’s Golden Triangle, Kuningan is a major business and financial district. It provides easy access to other key areas such as Sudirman and Gatot Subroto, which are major business hubs.
➢ Accessibility: The area is well-served by various modes of transportation, including major highways, public buses, and the upcoming MRT. This makes commuting easier for employees and clients.
➢ Business Network, Since many top-tier businesses and international companies are located in the Kuningan area, renting or purchasing office space here provides plenty of networking opportunities with like-minded professionals.
Key Features:
- Total Size: Approximately 57,000 sqm, with a semi gross floor area of around 80,000 sqm.
- Luxury Design & Architecture: Designed by Hirsch Bedner Associates (HBA) and Aedas Pte Ltd, featuring a luxurious lobby which offers an elegant, five-star hotel-like lobby, with a height of 16 meters and an area of 1800 m².
- Earthquake-Resistant Design: It has been designed to withstand earthquakes up to 8.5 on the Richter scale, using reinforced concrete shear walls and special concrete moment frames.
- Safety and Sustainability: The building is outfitted with advanced safety features, including bomb and metal detection systems, bomb blast glass in the lobby, and low-e double glass facades to minimize heat and noise. Additionally, a 3,000 m² garden area promotes a green environment within the urban setting.
- High Speed Elevators: Equipped with 25 high-speed elevators that travel at 420 meters per minute, which organized into four zones (Low, Mid Low, Mid High, High), including dedicated service and executive lifts, allowing quick access to all floors.
- Parking: Offers 800 parking spaces for tenants and visitors, enhancing accessibility.
- Facilities: Includes a restaurant and a musalla, along with a retail annex covering 3,000 m² for food & beverage and lifestyle services.
Developer
World Capital Tower is developed by PT. Mega Kuningan Pinnacle, a joint development by Mega Kuningan International and Pollux Properties, whose owners have a proven track record with the ongoing success of mixed developments – from apartments to retail, hotels and many other lines of business.
PT Mega Kuningan International
A subsidiary of the Djarum Group, an Indonesian real estate development company primarily involved in high-profile commercial and office space developments, particularly in the Mega Kuningan area of Jakarta, which is part of the city’s central business district (CBD).
PT Pollux Properties Indonesia TBK (PPI)
An acclaimed, award winning property developer and management group specialising in developing commercial, residential apartment and retail properties in Indonesia.
Market Composition
World Capital Tower operates with a market composition of 30% strata and 70% leasing. The Low Zone, consisting of 18 floors, is fully sold, while the Mid Low, Mid High, and High Zones are focused on leasing opportunities.
Recognition
In December 2019, World Capital Tower was honored at the 14th Asia Property Awards Grand Final, further solidifying its status as a significant development in Jakarta’s skyline.
With its strategic location, premium amenities, and modern design, World Capital Tower is poised to attract businesses and become a vital part of Jakarta’s financial landscape.
Masterplan
Office Space Market Insights
Increased Demand:
- Active leasing demand with net absorption of 33,700 m² on Q2 2024.
- Total absorption for the year is 70,300 m²:
- Grade A offices: 79%
- Grade B offices: 18%
- Grade C offices: 3%
- Occupancy rate in the CBD increased by 0.5% to 74.0%, with Grade B showing the highest increase.
Sector Activity:
- The financial services sector was the most active on Q2 2024.
- Positive net demand of approximately 21,325 m², reflecting a 13.7% increase from the previous quarter.
Demand Trends:
- Overall demand for office space is rising, characterized by moderate leasing transactions.
- Strong demand noted in sectors like fintech, mining, retail, and insurance.
- Tenants are seeking high-quality spaces with enhanced facilities, leading to opportunities for space adjustments.
- Active Occupiers:
- Mainly from sectors such as fintech, insurance, IT, mining, and agro-business
