{"id":2234,"date":"2019-02-18T10:06:03","date_gmt":"2019-02-18T10:06:03","guid":{"rendered":"http:\/\/pgawards.wpengine.com\/?p=2234"},"modified":"2021-06-04T14:16:50","modified_gmt":"2021-06-04T07:16:50","slug":"jakartas-long-awaited-mrt-opening-in-march","status":"publish","type":"post","link":"https:\/\/www.asiapropertyawards.com\/en\/jakartas-long-awaited-mrt-opening-in-march\/","title":{"rendered":"Jakarta’s long-awaited MRT opening in March"},"content":{"rendered":"
\"\"
Construction worker in an underground section of Jakarta’s upcoming MRT system. Herdik Herlambang\/Shutterstock<\/figcaption><\/figure>\n

Jakarta\u2019s highly awaited Mass Rapid Transit (MRT) system is set to begin running in March, extending a palliative to the Indonesian capital\u2019s remarkable traffic gridlocks and paving the way for more transit-oriented developments.<\/p>\n

Fourteen Japanese-assembled trains will initially ply the 15.7-kilometre MRT network\u00a0stretching between the Lebak Bulus residential area in South Jakarta and the Hotel Indonesia roundabout in the CBD.<\/p>\n

The MRT will\u00a0connect with the airport rail link and, eventually, the proposed Light Rail Transit (LRT) system.<\/p>\n

\u201cThis is the moment to change Jakarta. This is the moment to make Jakarta better and free from traffic jams,\u201d Jakarta MRT director William Sabandar told\u00a0Channel NewsAsia<\/a>.<\/p>\n

The trains are expected to run at speeds of 80 to 100 kilometres an hour, cutting conventional travel times between the two points by an hour. Road travel along the route\u00a0often take around 90 minutes.<\/p>\n

Market observers have praised the upcoming completion of the project, widely expected to close the property price gap between various points of the metropolis. \u201cThe real estate sector, particularly those areas along the new MRT lines and in close proximity to stations, is also expected to be a major beneficiary, with land prices already having risen significantly since construction of the MRT line began,\u201d CBRE stated in a report.<\/p>\n

\u201cWe are cautiously optimistic on the year ahead and, on a personal note, I am very hopeful on the positive impact the MRT and LRT will have on Jakarta\u2019s infamous traffic congestion,\u201d\u00a0said James Taylor, head of research for JLL Indonesia, in a press statement.<\/p>\n","protected":false},"excerpt":{"rendered":"

Property analysts laud project for boosting accessibility in traffic-ridden capital city<\/p>\n","protected":false},"author":2,"featured_media":19943,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[92],"tags":[],"class_list":["post-2234","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","news_country-indonesia","news_author-property-report"],"acf":[],"yoast_head":"\nJakarta's long-awaited MRT opening in March | Asia Property Awards<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.asiapropertyawards.com\/en\/jakartas-long-awaited-mrt-opening-in-march\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta 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