Antasari Place
Antasari Place is a mixed-use smart living development spanning 2.5 hectares in South Jakarta's emerging New CBD corridor, integrating two 38-storey residential towers, a retail alley, serviced apartments under the Citadines brand, and an expansive open green landscape — all at the strategic interchange of Jalan Pangeran Antasari and TB Simatupang.
Antasari Place is a landmark mixed-use development positioned at one of South Jakarta's most strategically valuable intersections — the confluence of Jalan Pangeran Antasari and Jalan TB Simatupang, a corridor that has quietly emerged as the city's next major commercial and residential spine. Developed by PT Indonesian Paradise Property Tbk (INPP) through its subsidiary PT Prospek Duta Sukses, the project represents a rare case of a stalled development rescued, restructured, and delivered to completion — a story as much about institutional resilience as it is about architecture.
The project's origins trace back to 2014 under the name 45 Antasari, launched by the original developer PT Prospek Duta Sukses. Construction stalled, and the project became entangled in a debt restructuring process (PKPU) by 2019. INPP entered as a rescue investor in 2020, formally completing the acquisition by October 2021. Construction resumed in earnest in May 2022 under main contractor PT Jagat Konstruksi Abdipersada, with Tower 1 topping off targeted for mid-2023 and handover to buyers beginning in late 2024.
Architecturally, Antasari Place is designed around a "living and leisure" concept that prioritizes openness over density. Of the project's total 2.5-hectare footprint, approximately 70 percent is preserved as open green space — an unusually generous allocation for a vertical development in South Jakarta. The two towers, each rising 38 floors, are flanked by a retail alley and an integrated terrace park, creating a low-rise commercial streetscape that grounds the development at the human scale before it reaches skyward.
Tower 1 accommodates 980 residential units, with approximately 205 of those units operating as Citadines Antasari — a serviced residence brand catering primarily to professionals and long-stay guests working along the Simatupang business corridor. Tower 2 houses 621 apartment units, bringing the combined residential count to 1,601 units across the two towers. A 3,000 m² commercial area anchors the ground-level retail component, providing daily amenities for residents and the surrounding workforce population.
The project's location is its most durable competitive advantage. Antasari Place sits directly at the JORR (Jakarta Outer Ring Road) interchange, providing one-minute access to the outer ring toll network, ten-minute access to the Jagorawi toll, and approximately 20-minute drive time to the SCBD. Soekarno-Hatta International Airport is accessible within 30 to 40 minutes. This connectivity profile positions the development as a natural choice for corporate tenants, expatriate residents, and long-term investors seeking value in a sub-market that continues to appreciate as Simatupang's office and mixed-use density increases.
By September 2025, INPP announced that all obligations under the homologation agreement had been fulfilled at 100 percent — marking a full commercial and legal resolution of the project's troubled history. For a development that spent years in financial limbo, Antasari Place's delivery stands as a case study in how disciplined institutional capital can revive stranded urban assets and return them to productive use.