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2026-11-08T09:21:29

IKN Apartment Project Grand Vista: Chinese Investor, About Rp1 Trillion

IKN公寓项目Grand Vista：中国企业约1万亿盾投资新首都

The IKN apartment project Grand Vista Nusantara will be developed by PT Indonesia Belt Road High Tech Development Park at KIPP 1B. CNBC Indonesia (8 November 2026) reports that the scheme covers commercial space, apartments and offices on 3.57 hectares, with an estimated investment of about Rp1 trillion. Company director Yang Jinghui said he hopes IKN construction will move faster and stay on schedule so that other investors from China become more interested in coming—an important signal for interior fit-out and building-material demand in the new capital’s core area.

Key Facts

What the IKN apartment project Grand Vista Nusantara includes

According to CNBC Indonesia, PT Indonesia Belt Road High Tech Development Park will develop Grand Vista Nusantara at KIPP 1B: commercial space, apartments and offices on 3.57 hectares, with an estimated investment of about Rp1 trillion. Those names and figures match detikNews on 15 October 2026, which dates the signing to 14 October 2026 at Glamping IKN.

The company was represented by Mr. Yang Jinghui, Director of PT Indonesia Belt Road High Tech Development Park. When quoting him, both CNBC and detik print the name as Yang Jing Hui. Grand Vista is one of five purely private direct investments totaling Rp1.11 trillion,

Fit-out demand for apartments, offices and commercial space

The sources we checked do not yet publish unit counts, storey numbers, a construction timetable or a fit-out specification, so we do not estimate volumes of tile, paint or sanitary ware. The announced functions point to the interior work that usually follows a mixed-use plot of 3.57 hectares: vertical housing, offices and commercial space. A typical fit-out package covers floors and walls (ceramic or granite), interior paint, gypsum ceilings and partitions, doors, wet areas such as bathroom tile and piping, plus sealant for commercial frontage.

An investment of about Rp1 trillion makes Grand Vista one of the larger purely private commitments in the package CNBC reported.

What this signals for investors and building-material suppliers from China

Yang Jing Hui, as quoted by CNBC, thanked the IKN Authority and Indonesia for the chance to invest in the Nusantara Capital City, and said he hopes construction will move faster, more rapidly and on time so that other investors from China become more interested in coming.

Basuki Hadimuljono stressed that IKN is not built on the state budget alone. homeX, an Indonesian building-materials platform with a showroom, warehousing and delivery, tracks IKN mixed-use fit-out materials such as paint, ceramics, gypsum, sealant and piping. Volumes await the developer’s technical documents.

IKN apartment project: related articles and products

FAQ

Who is developing the IKN apartment project Grand Vista? PT Indonesia Belt Road High Tech Development Park, represented by director Yang Jinghui (printed as Yang Jing Hui in the quote), at KIPP 1B.

What land area and investment are reported? Both sources record 3.57 hectares and about Rp1 trillion, covering commercial space, apartments and offices.

What did the director say about investors from China? Yang Jing Hui hopes IKN construction will move faster and on time so other investors from China become more interested in coming.

For building and renovation material needs, reach the homeX team on WhatsApp +62 821 1818 998, by email at homex9998@gmail.com or through our contact page.

Sources: CNBC Indonesia, large investors enter IKN and their project list (8 Nov 2026); detikNews, IKN partners with five private investors (15 Oct 2026)