Setiabudi SkyGarden is a luxury residential complex that consists of 2 condominium towers and 1 serviced apartment tower (managed by Frasers Hospitality under the name Fraser Place Setiabudi). There are 746 apartment units in total:

– Sky Tower = 41 floors and 426 units
– Garden Tower = 34 floors and 160 units
– Fraser Place: 28 floors and 160 units

The complex was completed in 2015 by the developer PT Jakarta Setiabudi International Tbk, in collaboration with Tokyu Land and Shimizu Corporation from Japan.

I visited the property in early 2019 and this is my complete review of it:

Note: I will write a separate review of Fraser’s Place Setiabudi in the near future.

Location:

Neighborhood

In which neighborhood of Jakarta is Setiabudi Sky Garden located?

Location of Setiabudi Skygarden

Setiabudi SkyGarden is located in Karet, Setiabudi, in a street parallel to Jalan Rasuna Said. The latter is one of the most important roads in Jakarta and it is lined with office towers, hotels, government buildings, hospitals, and embassies. It is a very strategic location for anyone working in the Golden Triangle of Jakarta as you can access most offices there in a relatively short time: Jalan Sudirman, Mega Kuningan and Jalan Thamrin are all less than 15 minutes away.

While this area of Jakarta is within the business district, it remains quite authentic as you have a low-rise, local neighborhood next to it. Personally, I find it more pleasant than the sterile atmosphere of more modern neighborhoods like Mega Kuningan, SCBD or Rasuna Epicentrum.

Kampung in the Setiabudi Neighboorhood

By car, with normal traffic conditions, how far is it from:
– Jakarta Airport (CGK): 70 minutes
– Grand Indonesia Mall: 15-20 minutes
– Sudirman Business District: 10-15 minutes
– Kota Tua: 70 minutes
– Kemang: 40 minutes

How does it look like around the apartment?

Street view – Setiabudi Sky Garden

Street view – Setiabudi Sky Garden

Back entrance to Setiabudi Skygarden (Jalan Karbela Timur)

What are the important landmarks nearby?

Nearby, there are a few landmarks you can go to:

Malls:
In less than 10 minutes, you can reach these malls:
– Lotte Avenue, Rasuna Epicentrum and Kuningan City (mid-to-upper class)
– ITC Kuningan, Mal Ambassador and Plaza Festival (low-to-mid class)

A bit further (15 minutes), you can go to Grand Indonesia (a very popular mall in Jakarta) and Plaza Indonesia (luxury).

Supermarkets:
There is a small Daily FoodHall supermarket just across the street from Setiabudi SkyGarden. You will find many imported products there but they are quite expensive.

For a wider choice and cheaper prices, you can go to Carrefour in Ambassador Mall, Farmer’s Market in Epicentrum Walk or Lotte Mart in Kuningan City.

Restaurants:
Just across the street, you can walk to Setiabudi One. It is a food court with a large variety of restaurants and coffee shops: Gula Merah, Dapur Sunda, Burger King, Starbucks, Duck King, etc.

Bars and Nightlife:
There is an excellent nightlife in Mega Kuningan, just 10 minutes away, in bars like Basque, Loewy, Bauhaus, Flow, etc.

Education
University: STIE Perbanas, Bakrie University
Schools: Royal Primary Academy (Sekolah Royal Tunas Mulia – 10 minutes away), Highscope (from preschool to high school – in Taman Rasuna), ISEC preschool (in Epicentrum Mall).

Hospitals:
MMC Hospital
SOS Medika Clinic (expensive – international quality)

Parks:
About 10 minutes away by car, you have small parks like Taman Menteng or Taman Tangkuban Perahu. You can also walk a bit in the Rasuna Epicentrum area, for instance along the river.

Offices:
Many office towers are nearby: Bakrie, Cyber 2, Menara Karya, etc.

Embassies:
Many within easy reach: Australia, Saudi Arabia, Singapore, India, Holland, India, UK, Russia, Ukraine, Greece, Belarus, Hungary, etc.

Transportation

Is there a Transjakarta bus stop nearby?

Setiabudi SkyGarden Apartment to Karet Kuningan

Transjakarta near Setiabudi SkyGarden

The closest Transjakarta station is Karet Kuningan. You can go there by foot in just 5-10 minutes. From Karet Kuningan, you can use the lines 6A, 6M, 6F, 6H and 4D, going directly to Ragunan, Dukuh Atas, Senen, Lebak Bulus, Manggarai, and TU Gas.

Is there a train station nearby?
Not really. The closest one is Sudirman station but it is 3 kilometers away. You can take the train to CGK airport from this station.

How about the MRT (Mass Rapid Transit) or LRT (Light Rapid Transit)?
In the future, an LRT station should be located at GOR Sumantri in front of Plaza Festival (10 minutes by foot from Setiabudi SkyGarden)

Building Quality

Building and Architecture

Who is the developer?

Setiabudi SkyGarden was built by two developers working together:

PT Jakarta Setiabudi International Tbk, a large Indonesian company whose main shareholders are Jan Darmadi and his family. They also own properties like the Hyatt hotels in Bali, the Mandarin Oriental in Jakarta, Mercure Ancol, the Jakarta Theater, Setiabudi One, Setiabudi Residences, etc.

PT Jakarta Setiabudi International’s properties in Indonesia

Tokyu Land Corporation, from Japan, a reputed firm that also built Branz BSD, Branz Mega Kuningan and Branz Simatupang in Indonesia.

Who is the architect?
The group Shimizu from Japan was the architect for Setiabudi Sky Garden. They were assisted by Tongg, Clarke & McCelvey (US) for the landscaping. The latter previously worked on prestigious projects like the Grand Hyatt Kauai and the Hyatt Regency Maui in Hawaii.

Who is the contractor?
The main contractor was the Indonesian firm Acset (also behind Pacific Place, Residence 8, Botanica, District 8, Gandaria City, etc).

What is the situation with the land certificate?
The developer has a Hak Guna Bangunan Murni, which means the property was built on its own land. As an apartment owner, you get a “Strata Title di atas HGB Murni”.

Design and Appearance

How does the building look like?

From Outside (Facade):

Towers Fraser Place and Setiabudi Sky Garden

Building architecture Fraser Place and Setiabudi Sky Garden

Architecture of Fraser Place and Setiabudi Sky Garden

Entrance:

Street sign of Setiabudi Skygarden and Fraser Place

Entrance Setiabudi Sky Garden

Reception/Lobby:

Not too big, but I found it very elegant.

Near Reception Setiabudi Skygarden Fraser Place

Lobby Setiabudi Skygarden

Landscaping and Public Areas:

The property was built on 2.1 hectares of land, of which 70% were used for public areas. Thanks to that, you have a large garden that was designed by the US consultants Tongg, Clarke & McCelvey. For me, it is the best part of living in Setiabudi Sky Garden.

Site map plan Setiabudi Sky Garden

Landscaping of Fraser Place and Setiabudi Sky Garden

Landscaping Setiabudi Skygarden and Fraser Place

Garden Setiabudi Skygarden and Fraser Place

Corridors and lifts:

Corridors in Setiabudi Skygarden

Corridors near lift in Setiabudi Skygarden

Size and Types of Apartments

The apartments’ size is the following:

Garden tower:
3-bedroom units: 114m2 and 130m2 (2 bathrooms, maid room)

Sky Tower:
2-bedroom units: 52m2, 65m2, 73m2 and 76m2 (1 bathroom, maid room)
3-bedroom units: 111m2 (1 bathroom, maid room)

Here are a few pictures I took inside the apartments I visited:

Bedroom of Setiabudi Skygarden

TV in Setiabudi Skygarden

Living room Setiabudi Skygarden

Bathtub in Setiabudi Skygarden

Kitchen in Setiabudi Skygarden

Materials and Equipment

What is the quality of the materials, furniture, and equipment used in the construction?
This is an evaluation of the quality I observed (ranked from 1 – worst – to 10 – best):

In common areas:
Tiles lobby: 8
Tiles corridors: 5
Painting: 6
Lighting: 7
Doors/windows: 6
Ceiling: 9
Elevator: 8
Gym equipment: 8
Pool equipment: 8
Furniture: 8

In the apartments:
Tiles/Parquet: 8
Bathroom equipment: 8
Kitchen equipment: 6

Overall Quality: 7.5/10

Comfort

Facilities and Services

What are the facilities provided in the property?

– Swimming pool: It is beautiful and massive, in the middle of a lush tropical garden. There are plenty of sunbeds to relax and you have an area for kids (smaller pool, playground).

Swimming pool in Setiabudi Skygarden

Swimming Pool Setiabudi Skygarden and Fraser Place

Pool Setiabudi Skygarden and Fraser Place

– Gym with brand-new professional equipment.

Gym Setiabudi Skygarden

Gym in Setiabudi Skygarden Fraser Place

Fitness Setiabudi Skygarden

– Other facilities (I didn’t take pictures of all): Playground/playroom for kids, sauna, jacuzzi, basketball court, tennis court, jogging track, BBQ area, lounge.

Kids games in Setiabudi Skygarden

What are the services available within the property?
There are several services available within Setiabudi Skygarden: Minimarket, drug store, laundry, restaurant.

Are there issues with the electricity supply?
None that I know about.

Are their issues with parking?
No, there is more than one parking space per unit.

Are there enough lifts?
Yes.

Atmosphere

Is the property busy?
Yes, there is a good occupancy rate.

Is it noisy?
Some units can be noisy if they are facing a mosque. In particular, avoid the units facing the West.

What is the background (ethnicity, social status) and attitude of residents?
It is rather diverse. I would say mostly expatriates, particularly from Japan.

Management

Maintenance

How old is the property?
Most of the property was completed in 2015.

Are there visible damages?
Not yet.

Overall maintenance rating: 9/10

Cleanliness

I found the property to be very clean.

Overall cleanliness rating: 9/10

Gardening

The garden is very well-maintained.

Overall gardening rating: 9/10

Security

Guards: On duty at the gates 24/7
CCTV cameras: In the lobby, lift and public areas.
Access: You need an access card to reach the lift.

Overall security rating: 8.5/10

Hospitality

The staff is friendly and professional.

Overall hospitality rating: 9/10

Rooms and Prices

Prices at Setiabudi Sky Garden may vary depending on many factors such as the floor, the unit type, the room condition and the furnishings. Some units also have a private lift.

Be aware that you may also need to pay for additional fees: Service charge, parking fee, electricity and water bills, etc. Here are a few examples of prices and ratios for this property:

2-Bedroom (79m2) – Well-furnished:

  • Rental 1 Year: Approximately IDR 264 million (or 22 million per month)
  • Buy: Approximately IDR 3,400,000,000
  • Break Even Point (Buying Price/Gross Annual Rental): 12.8 years
  • Average buying price/m2: IDR 43 million/m2

Investment Potential

Reasons to buy:
Very good property benefiting from a positive word-of-mouth
Strong demand from renters, especially expats
Very central location

Reasons NOT to buy:
There are new towers currently being built nearby and competing with Setiabudi Sky Garden: La Vie and South Hills

Would I buy this property? (On a scale from 0 = “not at all” to 10 = “yes absolutely” ): 7

Address

Setiabudi Sky Garden
Jalan Setia Budi Selatan Raya Kav. 62,
Kuningan, South Jakarta 12920, Indonesia
Phone: +62 21 30030800

Website: http://www.setiabudiskygarden.com

Setiabudi Sky Garden

More Photos

My Ratings

I do my best to write honest and detailed reviews of the apartments I visit. If you disagree with my rating, please let me know why and leave your own rating at the end of this page.

4.2 / 5 My Rating
{{ reviewsOverall }} / 5 Readers' Rating (0 votes)
What I Liked
_ Great location if you are working in the business district of Jakarta
- Local neighborhood
- Complete facilities including a huge swimming pool, a large garden, and a brand-new gym.
- Near a supermarket and only 200 meters from Setiabudi One. - Clean and well-maintained
What I Didn't Like
- Relatively small apartments compared with the competition
Location
Quality
Comfort
Management
Value
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