Mitbana and Intiland launch township development in Tangerang, Indonesia

Daisuke Kobayashi, deputy chief operating officer of Mitbana and president director of Inti Mitbana Development, has shared his vision for Green Bestari Park, an integrated township and transit oriented development in Talaga Bestari, Tangerang, Greater Jakarta area. Mitbana, a joint venture between Mitsubishi Corp and Surbana Jurong, together with Indonesian property developer Intiland Development, aims to redefine the next generation of sustainable urban living in the area.

Spanning 51 hectares, the development will comprise three phases. The first phase, covering 14 hectares, will include cluster landed homes, retail areas, F&B outlets, and a clubhouse for residents. Subsequent phases will feature more residences, a city park, and commercial areas, as well as an integrated mass rapid transit station along the East-West MRT line connecting Balaraja and Cikarang.

The development also plans to incorporate a TOD and Green Connection, a proposed green boulevard looped around the township. This will create a safe and eco-friendly living environment equipped with modern amenities.

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Mitbana holds a 70% stake in Inti Mitbana Development, a joint venture with Sinar Puspapersada (a subsidiary of Intiland Development), responsible for the project. Mitbana will be supervising the masterplan, urban design and planning of the development, while Intiland will oversee land preparation, infrastructure developer and local stakeholder engagement.

“Our shared aspiration is to create a leading sustainable development that rejuvenates the Talaga Bestari area and foster the building of an inclusive social community,” states Permadi Indra Yoga, Intiland’s executive director of business development.

Kobayashi further adds that the environment-friendly neighbourhood will improve quality of life for its residents while promoting “social cohesion and an integrated living experience.” The Green Bestari Park project indicates the growing interest in Indonesian property investment and development.