Zahid Bashir Visits PPRO, Surabaya Property Market Indicated Keeps Attracting

By : Abraham Sihombing And Aldi Firhand. A | Saturday, July 07 2018 - 21:54 IWST

Taufik Hidayat, Tri Rismahartini, Zahid Bashir MD Budget Pertroleum Dubai and Nanang CEO PT Arvada Investama (photo Abe)
Taufik Hidayat, Tri Rismahartini, Zahid Bashir MD Budget Pertroleum Dubai and Nanang CEO PT Arvada Investama (photo Abe)

INDUSTRY.co.id - Surabaya - PT PP Property Tbk (PPRO), a subsidiary of PT Pembangunan Perumahan Tbk (PTPP), a leading property developer, visited Zahid Bashir, Managing Director of Budget Petroleum Dubai, UAE, with Nanang, CEO of PT Arvada Investama, 3 Tower Apartments owned by PPRO in Surabaya, namely Grand Shamaya, Grand Dharmahusada Lagoon and Grand Sungkono Lagoon.

The three apartments are located in Surabaya spread over 3 points of the city, namely Surabaya Center, East Surabaya and West Surabaya. As the second largest city in Indonesia, Surabaya's growth continues to increase every year.

It can be seen from the development of Surabaya city infrastructure that is now no less than Jakarta. In the last decade, Surabaya has been transformed into a city that experienced rapid economic growth and infrastructure development.

BPS data show that Surabaya's economic growth is 6.0% and higher than the national average of only 5.1%.

The development of infrastructure facilities and infrastructure is also continuously pursued by the Surabaya City Government, such as the construction of inter-city toll roads, completing the construction of frontage road as well as the planning of MRT (Mass Rapid Transit).

The construction of Surabaya facility becomes trade route and transit area or meeting place of capital owners to invest their capital in Surabaya. Looking at the current market conditions proves that the Property market in Surabaya remains attractive to investors.

Taufik Hidayat, President Director of PPRO, said the purchase of the three apartment towers is evidence of market confidence in PPRO's innovative products.

With the purchase worth Rp21, trillion, PPRO management is optimistic to achieve the 2018 performance target, said Taufik Hidayat, in Surabaya, Friday (05/07/2018).

Taufik is grateful to the Surabaya City Government who has given the smoothness of the licensing process so that the apartment is now ready to start construction.

Surabaya City Government under the leadership of Mrs. Rismaharini also has created a conducive atmosphere so that investors are still interested to invest in Surabaya, Taufik said. (Abraham Sihombing)

News Comment

Today's Industry

Images By : Freepik

Sabtu, 14 September 2024 - 16:56 WIB

Essential Tips for Choosing Personal Health Insurance in the US

Choosing the right health insurance plan in the United States can be a complex task, especially with the variety of options available and the ever-changing landscape of healthcare policy. Here…

Images By : Freepik

Sabtu, 14 September 2024 - 16:53 WIB

The Top 10 Insurance Companies in the US for 2024

In the ever-evolving landscape of insurance, selecting the right company can significantly impact your financial security and peace of mind.

Images By : Freepik

Jumat, 13 September 2024 - 15:37 WIB

Why Airbnb Become Popular in 2024?

Airbnb fosters a more interactive experience between hosts and guests. Through direct messaging, guests can inquire about specific details, negotiate pricing, or clarify expectations, which…

Flag of the United Nations Organization.

Kamis, 15 Agustus 2024 - 14:26 WIB

Modena Officially Becomes a Member of the UN Global Compact

Commited to transforming towards sustainable business practices, Modena the global home appliance established over 60 years ago in Italy, officially became a member of the UN Globe Compact (UNGC)…

Totolink outlet. (Photo: Public Relation of Totolink)

Kamis, 11 Juli 2024 - 22:08 WIB

Totolink Strengthens Commitment to Innovative and Reliable Network Solutions for Indonesia

Marking a strategic step, Totolink Indonesia proudly announces the enhancement of its head office in Jakarta, located at Harco Mangga Dua Blok E No.28, Sawah Besar, Central Jakarta.