Date & time
To mitigate frequent flooding, the Jakarta government decided to renovate and significantly expand the East Flood Canal in the eastern part of the city. Construction of this major public infrastructure project commenced in 2007 and finished at the end of 2013. The canal is 23.5 km long and 3–7 m in-depth, and able to handle a water flow of up to 390 m3/sec. It is aimed to protect an area of 207 km2 that encompasses 13 sub-districts (Kelurahan) in East and North Jakarta. This study aims to determine the extent to which residents of the city value this large flood mitigation infrastructure. Specifically, it examines the impact on housing prices of flood mitigation due to the East Flood Canal, using a hedonic price analysis of Jakarta’s housing market.