PP Property Invests Rp500 Billion For Grand Shamaya Surabaya

INDUSTRY.co.id - Surabaya - PT PP Property Tbk as a subsidiary of PT Pembangunan Perumahan (PP) (Persero) Tbk invests around Rp500 billion to build Grand Shamaya apartment located on Embong Sawo Street, Surabaya, East Java.

Director of Real Estate PT PP Property Galih Saksono, Tuesday (12/12/2017) said, for the funding as much as 70 percent comes from the banking world and the rest from internal.

"Currently it has sold about 70 percent and we are optimistic in the middle of next year will be sold out for the whole," he said on the sidelines of the implementation of "ground breaking" (inauguration of the project) in Surabaya.

He argued, currently in Surabaya for the property business in this apartment is still quite promising because the proof we are able to carry out the inauguration of the project at the end of this year.

"For Surabaya alone has a contribution of 35 percent against the national," he told the media crew.

Meanwhile, Project Director Grand Shamaya, Nurjaman said, the habitation will be held in 2021.

"Grand Shamaya is the first Private Residential premium Luxury Resort concept in Surabaya and we are continuously striving to bring advance needs from the residents," he said.

He said, where it will be presented through Hidden Paradise themed facilities such as Waterfall, Waterwall, Swimming Pool Heater, Sky Jogging Track, Sky Family Pavilion Lounge.

"We are also reinvigorating the tennis court which has become one of the icons in this place," he said.