Magnum Resort Nusantara is a luxury property project currently under construction in Nusantara (IKN), East Kalimantan. This project is developed by Magnum Estate, a Russian property developer, and is designed as an exclusive residential area with a mix-use concept that integrates residential, commercial, and recreational facilities in one integrated area. Magnum Resort Nusantara occupies an area of 1.3 hectares and is planned to be one of the premium properties in the heart of IKN.
Location and Land Area
This resort is strategically located in the center of the Indonesian Capital City, East Kalimantan, with a land area of around 1.3 hectares. The location is designed to support the integration of housing, business, and public facilities, in accordance with the concept of a sustainable city promoted by IKN.
Investment and Developer
Investment Value
There is a difference in information regarding the investment value of this project. Some sources state the investment value is IDR 300 billion, while other sources state the investment value reaches IDR 800 billion.
Developer
Magnum Resort Nusantara is developed by Magnum Estate, a property developer company based in Russia. This project is the result of a partnership between foreign investors and local entrepreneurs in Indonesia.
Development Stages
Groundbreaking
The groundbreaking of Magnum Resort Nusantara was carried out on September 25, 2024 by President Joko Widodo. This event marked the start of construction of the luxury property project in the IKN.
Construction Status
As of May 2025, the Magnum Resort Nusantara project is still in the early stages of construction. The developer is waiting for the completion of the licensing process from the Indonesian Capital Authority (OIKN) before proceeding to the next construction phase.
Concept and Facilities
Architectural Concept
Magnum Resort Nusantara is designed with a modern and luxurious architectural concept, combining residential, business, and recreational elements in one integrated area. The design carries the principles of sustainability and comfort for its residents.
Facilities
The project will include various facilities, including serviced apartments, commercial areas, and recreational facilities. The aim is to create an environment that supports a modern lifestyle and meets the needs of residents and visitors.
