Medan-Jakarta Apartment Business Is Still Wide Open

By : Herry Barus And Aldi Firhand. A | Wednesday, August 29 2018 - 21:58 IWST

Apartment Illustration (Illustration)
Apartment Illustration (Illustration)

INDUSTRY.co.id - Medan - Property businesses, especially apartments in Jakarta, are still promising with buyers from regions such as Medan and Gamaland developers utilizing that potential.

"Property buyers, especially apartments from Medan, are still very high potential and remain the target of developers including Gamaland," said Senior GM Sales and Marketing Arandra, "Joy D Lango in Medan on Tuesday.

Seeing the potential of large buyers in Medan, Gamaland held "Arandra Exclusive Gathering" to explain Arandra's apartment which was attended by hundreds of prospective buyers.

According to Joe, of the 236 apartment units currently under construction at Aranda Apartment 1 tower, there were already 20 buyers from Medan.

"The buyer from Medan bought various types with a selling price of Rp1 billion to Rp7.4 billion," he said.

The target is the number of buyers from Medan can be at least 50 units.

The company itself targets to complete construction and key handover with buyers in 2019.

"Construction of tower 1 is currently 60 percent and if completed, it will proceed to other tower projects. The company targets five towers to be built," he said.

He stressed, the high interest of buyers in the Gamaland project because the company also runs a system of building first, then selling.

Management also prepares good and unique facilities such as the beach on the 8th floor with sea sand and the position of the elevator directly in front of the room.

"As an appreciation, the management also offers a low purchase down payment because it has already been subsidized by the company or it will only be five percent of the 15 percent," he said.

The partner bank Gamaland also offers attractive credit with an interest rate of only 5.88 percent for three years for buyers.

Gamaland's Chief Operating Officer Jonathan Gunawan emphasized that Gamaland always safeguards consumer confidence, especially in the matter of clarity of property land status.

"Consumers really have to be careful because there are also many apartments that are sold with HPL (Land Management Rights) land status. Even if there is an HGB, but it is above HPL and it is detrimental to consumers, "he said.

Jonathan said, apartment business in Indonesia is increasingly promising, especially in Jakarta.

"The lifestyle of 'now' makes the apartment increasingly attractive and Gamaland glances at the opportunity," he said.

Arandra Cempaka Putih Apartment itself is considered very promising for buyers because besides being close to various strategic and vital locations including universities, it will also have many facilities, including a super market.

News Comment

Today's Industry

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.

The President Commissioner of Bersama Digital Data Centres (BDDC), Setyanto Hantoro (fourth right) and The President Director of BDDC, Angelo Syailendra (third right) during the BDDC JST1 Inauguration Ceremony in Jakarta on Wednesday (10/07/2024).

Kamis, 11 Juli 2024 - 19:03 WIB

BDDC Inaugurates JST1 TIER IV Data Centre in Jakarta to Strengthen Digital Infrastructure

Bersama Digital Data Centres (BDDC), an in-town data centre provider with interconnectivity and integrated digital systems, inaugurated its 5 MW Tier IV data centre facility, JST1 (Jakarta Selatan…

The Board of Directors of PTT Global Chemical (GC) pose for a group photo after receiving the prestigious SNI (Indonesian National Standard) certification for its InnoPlus Polyethylene resin. (Photo: GC Public Relations)

Kamis, 27 Juni 2024 - 15:30 WIB

Global Chemical Achieves Prestigious SNI Certification for InnoPlus Polyethylene Resin

PTT Global Chemical (GC) is proud to announce its successful attainment of the prestigious SNI (Indonesian National Standard) certification for its InnoPlus Polyethylene resin.

 Financial Literacy

Rabu, 26 Juni 2024 - 22:47 WIB

The Importance of Financial Literacy

Financial literacy refers to the ability to understand and use various financial skills effectively, including personal financial management, budgeting, and investing.

Unveiling New Opportunities

Rabu, 26 Juni 2024 - 14:52 WIB

Unveiling New Opportunities

As we step into 2024, the cryptocurrency landscape continues to evolve, presenting unprecedented opportunities for investors, developers, and enthusiasts.