On September 25, 2024, Indonesian President Jokowi personally participated in the groundbreaking ceremony, officially opening the construction of Magnum Resort Nusantara — one of the first luxury complexes in the new capital Nusantara.
For Magnum Estate, this moment was truly historic. We are not just starting the construction of a new facility — we are becoming part of a large national project that will elevate the country to a new level.
In his speech, the president emphasized the importance of the project for shaping the real estate ecosystem in the region and creating new opportunities for investors. Magnum Resort Nusantara, located in a strategically important area, will combine residential, commercial, and entertainment zones, making it an ideal choice for travel, living, and working.
The scale of the project is impressive: with a total investment of 300 billion rupiah and an area of 1.3 hectares, Magnum Resort Nusantara will become a center of business activity and attraction for local and international investors. The complex, created using the latest technologies and principles of sustainable construction, will fully comply with the highest standards of premium real estate.
For Magnum Estate, participating in the development of Indonesia's new capital is a step forward and an opportunity to strengthen its position in the elite real estate market, showcasing our innovative approach to construction to the world.
