Dubai Buy Three Tower Apartment PP Property in Surabaya

By : Ahmad Fadli And Aldi Firhand. A | Saturday, July 07 2018 - 21:35 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 - Jakarta - Dubai-based investors are interested in buying three projects built by PT PP Property Tbk (PPRO in Surabaya), Grand Shamaya Grand Dharmahusada Lagoon and Grand Sungkono Lagoon.

This was conveyed by the President Director of PP Property Taufik Hidayat who said the purchase value of the three tower apartment projects reached Rp 2.1 trillion, in his press statement on Friday (6/7/2018). According to him, the purchase of three towers is evidence of market confidence, especially foreign investors to security and investment comfort in Surabaya.

President Director of PT Arvada Investasi, Nanang Supriadi, said it represents investors from Dubai on behalf of Budget Petroleum, calling this PP project very interesting and has more value.

"Especially from products that are almost the same as the high-rise building products in Dubai, as well as the security guarantee provided even before Surabaya was colored by unfavorable events, but the recovery was quite fast," he said.

While Director of Budget Petroleum, Zahid Bashir, claimed to be interested in investing in Surabaya also because of the assurance of the Mayor of Surabaya and big names and experience of PP Property is quite positive. "Moreover, in a religious way, we both have proximity," he added.

News Comment

Today's Industry

CloudGuard SaaS (Images by Check Point Software)

Kamis, 27 Februari 2020 - 14:08 WIB

Why are we still talking about email security?

with the rapid adoption of the internet and then the mobile internet, the email security market matured as enterprises understood that accessing proprietary information via the network exposed…

Congratulations, Cosmin! The world's seventh million-dollar bug bounty hacker

Kamis, 27 Februari 2020 - 13:40 WIB

The Entire HackerOne Team is Beyond Excited that The Ranks of Seven-Figure-Earning Hackers have Risen to Eight This Month

Cosmin @inhibitor181 is the seventh to join this talented group of hackers, proving to the world that the concept of hacking as a viable career has become a reality. Not only are more hackers…

Association of International Certified Professional Accountants (Images by Irish Times Executive Jobs)

Rabu, 26 Februari 2020 - 12:48 WIB

Global Accounting Leaders Call on Profession to Help Address Climate Change

As part of The Prince’s Accounting for Sustainability Project (A4S) Accounting Bodies Network, which collectively represents over 2.5 million accountants and students worldwide, 14 major accounting…

Check Point Software Technologies (Images by Acclaim)

Rabu, 26 Februari 2020 - 12:21 WIB

Check Point Software Technologies Recognised as a Microsoft Security Partner Award Winner

At the inaugural Microsoft Security 20/20 partner awards, held February 23, Microsoft announced award winners in 16 categories that span security integration partners, system integrators and…

HackerOne (Images by Tekno Tempo.co)

Selasa, 25 Februari 2020 - 16:00 WIB

Hacking as a Career Soars in Popularity According to HackerOne’s 2020 Hacker Report

HackerOne, hacker-powered pen-test & bug bounty platform, today announced findings from the 2020 Hacker Report, which reveals that the concept of hacking as a viable career has become a reality,…