PP Property Invests Rp500 Billion For Grand Shamaya Surabaya

By : Hariyanto And Aldi Firhand. A | Wednesday, December 13 2017 - 14:56 IWST

Grand Shamaya 'Water Fall' Project PT PP Property (dok INDUSTRY.co.id)
Grand Shamaya 'Water Fall' Project PT PP Property (dok INDUSTRY.co.id)

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.

News Comment

Today's Industry

President Jokowi Joins Tree Planting Activity in Pulogadung Industrial Area

Rabu, 29 November 2023 - 20:06 WIB

President Jokowi Joins Tree Planting Activity in Pulogadung Industrial Area

President Joko “Jokowi” Widodo Wednesday (11/29) participated in the Joint Tree Planting Movement at the PT Jakarta Industrial Estate Pulogadung (JIEP) Forest in the Pulogadung Industrial…

President Jokowi Calls for Tree-Planting Movement in Anticipation of Climate Change

Rabu, 29 November 2023 - 20:02 WIB

President Joko 'Jokowi' Widodo has called on people across the country to promote tree-planting movement as part of efforts to tackle climate change and global warming.

President Joko “Jokowi” Widodo has called on people across the country to promote tree-planting movement as part of efforts to tackle climate change and global warming. “This tree-planting…

Intellectual Property Drives Technological Innovation to Address Climate Change

Rabu, 29 November 2023 - 19:56 WIB

Intellectual Property Drives Technological Innovation to Address Climate Change

The Ministry of Foreign Affairs of the Republic of Indonesia and the Permanent Representation of Indonesia (PTRI) to the United Nations, World Trade Organization, and Other International Organizations…

The Indonesian Team Outstanding Achievement at the MERC

Rabu, 29 November 2023 - 19:50 WIB

The Indonesian Team Outstanding Achievement at the Mining Emergency Response Competition (MERC)

In the Mining Emergency Response Competition (MERC) held at Langley Park, Perth (24-26/11), the INA Garuda Mine Rescue Team achieved remarkable success for Indonesia. The INA Garuda Mine Rescue…

Minister of Trade and Deputy Minister of Foreign Affairs Meets Discussed the Progress of the IEU-CEPA Negotiations

Rabu, 29 November 2023 - 19:45 WIB

Minister of Trade and Deputy Minister of Foreign Affairs Meets Discussed the Progress of the IEU-CEPA Negotiations

Minister of Trade, Zulkifli Hasan received a visit from the Deputy Minister of Foreign Affairs, Pahala Mansury at the Ministry of Trade Office, Jakarta, Wednesday (29 Nov). The meeting discussed…