Keppel Land-Metland Disburses Rp 1 Trillion Investment in West Jakarta

By : Ridwan And Aldi Firhand. A | Thursday, October 12 2017 - 22:17 IWST

Keppel Land-Metland Disburses Rp 1 Trillion Investment in West Jakarta (Foto Ridwan)
Keppel Land-Metland Disburses Rp 1 Trillion Investment in West Jakarta (Foto Ridwan)

INDUSTRY.co.id - Jakarta- A well-known Australian developer, Keppel Land International Limited establishes strategic partnership with PT Metropolitan Land (Metland) to develop premium residential 'The Riviera at Puri' in Tangerang, Banten.

Previously, in December 2016 and then, these two leading developers have signed an agreement of joint operation or joint operation (JO) with the composition of ownership each 50 percent.

Occupancy that stands on 12 hectares of land is located in strategic location close to the central coral toll access that provides convenience to downtown Jakarta and other areas in the Greater Jakarta area.

President of Keppel Land Indonesia, Goh York Lin said, the high price of houses in downtown Jakarta makes the outskirts of Jakarta a right choice for the community.

"The western area of ​​Jakarta is the expansion area of ​​the company because the environment is well-organized and adequate, and this position is very strategic and we believe it will grow in the future," Goh said at a press conference launching The Riviera at Puri in Jakarta on Thursday 12/10/2017).

According to her, The Riviera at Puri is the answer to the high demand for quality homes that are close and has direct access to the center of Jakarta, but has a fairly affordable price.

Meanwhile, Director of PT Metropolitan Land, Olivia Surodjo said, this is a perfect collaboration, which produces residential concept resort in west Jakarta.

"Imagine, there is no other housing like this, for green open space about 60 percent of the total land," she added.

The plan of these two leading companies will build a total of 500 units. For the inaugural phase will be marketed about 130 units in Desember 2017. There is also a typical residential offer ranging from 120 square meters to 256 square meters with prices ranging from Rp 1.9 billion to Rp 2.7 billion.

In order to realize the targeted project in March 2019, Keppel Land and Metland invested no less than Rp 1 trillion.

Olivia expects, the development of The Riviera at Puri can contribute sales of around Rp 1.5 trillion.

News Comment

Today's Industry

NORD-DuoDrive.jpg: The innovative and patented DuoDrive geared motor reaches outstanding system efficiency Image: NORD DRIVESYSTEMS

Selasa, 17 Mei 2022 - 14:00 WIB

NORD DRIVESYSTEMS at LogiMAT in Stuttgart From 31st May to 2nd June 2022 NORD will present innovative drive solutions for intralogistics

The specialist LogiMAT exhibition in Stuttgart offers as comprehensive overview of the intralogistics and process management market. As one of the market leaders for drive technology, NORD presents…

President Jokowi attends the meeting between ASEAN leaders and American entrepreneurs at Intercontinental the Willard Hotel, Washington DC, Thursday (05/12). Photo by: Laily Rachev

Selasa, 17 Mei 2022 - 13:00 WIB

President Jokowi Invites US CEOs to Boost Cooperation with Indonesia

President Joko “Jokowi” Widodo has invited company CEOs in the United States to boost cooperation with ASEAN countries, particularly Indonesia.

President Jokowi, President Biden, and ASEAN Leaders on a group photo prior to the dinner, at the White House, Washington D.C., Thursday (05/12)

Selasa, 17 Mei 2022 - 12:28 WIB

President Jokowi, ASEAN Leaders Attend Dinner Hosted by US President

President Joko “Jokowi” Widodo Thursday (05/12) attended a dinner with the leaders of ASEAN countries hosted by President of the United States Joe Biden at the White House, Washington D.C.

(Photo: © 2022 KRAIBURG TPE)

Selasa, 17 Mei 2022 - 11:23 WIB

TPE unleashes benefits for pet accessories

The pet care market is rapidly expanding as pet ownership increases, as does spending on pet food, grooming tools, and accessories. Pet owners are significantly concerned about the prevalence…

Sergey Sedov, Founder and CEO of Robocash Group

Jumat, 13 Mei 2022 - 16:15 WIB

Robocash Group reached 2 BN USD of disbursement and issued audited financial report of 2021

Robocash Group publishes the audited combined financial statements for the year ended 31 December 2021. The Group reached an all-time high 2 BN USD of issued financing and is expected to increase…