Jakarta, officially known as the Special
Capital Region of Jakarta (Indonesian : Daerah
Khusus Ibu Kota Jakarta),
is the capital and largest city of Indonesia,
and one of the most populous urban agglomerations in the world. Located
on the northwest coast of Java, Jakarta is the country's economic, cultural and
political centre, and with a population of 9,761,407 as of December 2012, it is the most populous city in
Indonesia and in Southeast Asia. The official metropolitan area, known as Jabodetabek
(a name formed by combining the initial syllables of Jakarta, Bogor, Depok, Tangerang and Bekasi),
is the second largest in the
world, yet the metropolis's suburbs still continue beyond it. The metropolitan
has an area of 4,383.53 square kilometres (1,692.49 sq mi) and
population of well over 28 million. Jakarta
is listed as a global city in the 2008 Globalization and World
Cities Study Group and Network (GaWC) research.
Based on survey by Brooking Institute, in 2011 growth of economic of Jakarta
ranked 17th among the world's 200 largest cities, a jump from its 2007 ranking
of 171. Jakarta has grown more rapidly than Kuala Lumpur, Beijing and Bangkok.
In
2014 A.T. Kearney
as Global consultant released the Global Cities Index, which also includes the
Emerging Cities Outlook 2014 which mentioned Jakarta as rank first among 35
cities. Jakarta
has a bustling luxury property market. Knight Frank,
a global real estate consultancy based in London, reported in 2014 that Jakarta
offers the highest return on high-end property investment in 2013 as compared
to any other cities in the world.
