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

Check Point Software Technologies (Images by Acclaim)

Rabu, 12 Januari 2022 - 20:47 WIB

Check Point Research: Cyber Attacks Increased 50% Year over Year Highlights

In Q4 of 2021 there was an all-time peak in weekly cyber-attacks per organisation, counting over 900 attacks per organisation.

Qatar Airways

Rabu, 12 Januari 2022 - 19:35 WIB

Qatar Airways Launches a Global Sale Campaign in Celebration of its 25th Anniversary

Qatar Airways celebrates its 25th Anniversary by launching a Global Sales campaign for passengers in Indonesia, offering great savings of up to xx per cent on flight tickets. This is in addition…

Wewy susanto (president director of YELO), Fadzri Sentosa (President Commissioner of YELO), Sunil Ramesh Tolani (Director of YELO)

Rabu, 12 Januari 2022 - 17:22 WIB

YELO Acquires Internet Service Provider (ISP) To Accelerate Expansion and Bring Fast Internet

PT Yelooo Integra Datanet Tbk (“YELO”), a technology issuer in the field of providing communication technology equipment and connectivity services, continues to expand its services in line…

PT Kedai Sayur Indonesia

Rabu, 12 Januari 2022 - 16:00 WIB

Keep Expanding, KedaiSayur Gets Bridging Fund USD3.5 Million

PT Kedai Sayur Indonesia, a technology based grocery company that operates under Triputra Group, has successfully secured USD3.5 million in bridging fund, which will be used to support the development…

PT Metrodata Electronics Tbk (‘MTDL’)

Rabu, 12 Januari 2022 - 14:37 WIB

MTDL Strives to Support National Digital Economy Ecosystem

PT Metrodata Electronics Tbk (‘MTDL’), an Information and Communication Technology (“ICT”) issuer in the field of digital solutions and hardware and software distribution, continues…