Housing-Estate.com, Jakarta – Partnership developer strategy used in developing projects in the current property market is not good. One of them is PT Metropolitan Land Tbk (Metland) by cooperating with Keppel Land, Singapore developer, through its subsidiary PT succeeded Manis Indonesia. Both will develop Metland home in Puri (60 ha) cipondoh, Banten. The house will dibanun as many as 450 units on an area of 12 ha for the upper middle segment.
“The investment Rp1 trillion which we are working on joint operation (JO) with a 50:50 profit sharing. This mutually beneficial collaboration for the development of this project is located in the most strategic areas Metland Puri and in the future will continue to grow, “said Thomas J. Angfendy, President Metland to housing-estate.com after the signing of the cooperation in Jakarta, Thursday (22 / 12).
Since the signing of this cooperation the two sides will be more intensive discussion on the development, design houses, until the price will be set. The target of this project will launch the third quarter of next year with a target completion of the entire project for 3 years.
Thomas also cited this collaboration is an early stage to walk the next greater cooperation that will increase the value of both companies. Previous Metland been working with other developers, namely Singapore Ascendas to work three apartment towers in Metland Cyber.
“We saw the Jakarta suburb like our project in Puri Metland more promising potential for increased value. It can be compared to other projects that also progress rapidly as Pantai Indah Kapuk (PIK) and Alam Sutera, in Metland Puri price is still far below that so that the increase would be huge potential, “he concluded.
housing-estate.com
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