Housing-Estate.com, Jakarta – Projects Orange County, Cikarang, Bekasi, West Java, again received a positive response from the market. Newport Park apartment that was developed over an area of 322 ha was sold 87 per cent during the grand preview which took place last weekend. Tower 6th marketed in Orange County consists of 500 units.
“We were very surprised because the product is absorbed very well by consumers such as tower-tower earlier. Of the 87 percent who sold us got more than Rp390 billion, “said Toto Bartholomeus, President Director of Lippo Cikarang in Cikarang, last weekend.
Newport Park developed a joint venture company between the Lippo Group with Mitsubsihi Corporation. Japan nuanced concept by presenting the Japanese Ofuro Spa, Japanese Garden, interior tatami room, and zen balcony which adopted the Japanese style. The design of buildings and public space design worked Mitsubishi Jisho Sekkei Inc. and George Kunihiro-T Life which has a global reputation.
Director / Chief Marketing Officer of PT Lippo Cikarang Tbk Stanley Ang said the number of workers and the Japanese community is pretty much in Cikarang into the rental market potential. Return on investment (ROI) estimated at 16-20 percent / year. “The market rent is open for Orange County surrounded by about 2,500 multinational companies that employ expatriates, especially from Japan,” he added.
His unit consisted 1-3 types of rooms (31-97 m2) worth Rp550 million – Rp2 billion. Five previous tower which has been sold is Irvine Suites, Westwood Suites, Pasadena Suites, Suites Burbank, and Glendale Park which are all sold out.
housing-estate.com
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