BRANZ Simatupang First Independent Condo Project in Indonesia Perform Topping Off

By : Nina Karlita And Aldi Firhand A | Monday, December 04 2017 - 00:02 IWST

BRANZ Simatupang Topping Off (Photo Nina)
BRANZ Simatupang Topping Off (Photo Nina)

INDUSTRY.co.id - Jakarta - BRANZ Simatupang First Independent Condo project in Indonesia designed, built and developed entirely by Japan has reached the topping off process

President of Tokyu Land Corporation, Tokyo - Yuji Okuma in a press release received by Redasi on Sunday 3/12/2017) announced that the BRANZ Simatupang condominium project will be developed by a subsidiary in Indonesia, PT Tokyu Land Indonesia, headquartered in Jakarta the official has reached the topping process off.

President Director of Tokyu Land Indonesia also contributed to the building of a mosque in the South Jakarta mayor's office which was given Ceremonically to South Jakarta Mayor Tri Kurniadi.

BRANZ Simatupang project is believed to be able to attract market interest, where this condominium is the first condominium designed, built up to be developed entirely by Japanese companies. BRANZ Simatupang also officially appointed PT JAYA OBAYASHI as the main contractor BRANZ Simatupang Development is scheduled to finish in 2018.

The BRANZ Simatupang project has great potential, not only because there is easy access to Soekarno-Hatta International Airport through newly opened highways, but this location is expected to have more convenient access with MRT.

In addition, this condominium is not only targeted for local residents but also will be leased for foreign residents (expatriate) because this area will be supported by the existence of hospitals, shopping malls, to international school.

BRANZ Simatupang has a total area of ​​15,000 square meters and will be built 2 Condominium 27 floors with 381 units. The first unit on the south has been sold out, while the second tower is on the north with 1 bedroom (56sqm) and 2 bedrooms (125m2) and the north tower has already sold about 50%.

After being marketed in 2015, now the average unit price of BRANZ Simatupang has increased by 10%.

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