Dozens Metland Develop Projects, Anything?

Housing-Estate.com, Jakarta – PT Metropolitan Land Tbk (Metland) including one large project developers quite a lot. There are dozens of projects being developed and they will grow again. For future development Metland continue to concentrate on projects that are running.

Grand Metropolitan Mall

“If there is a development entirely in the project which has been running, for example, the launch of a new cluster or expansion. Next year we will continue the development of apartment Kaliana Transyogi, Condotel in Lampung, Metropolitan Mall Cibitung, apartments Metland Tambun, and mixed use Metland Cyber ​​City, “said Wahyu Sulistio, Director Metland, when public expose in Jakarta, earlier this week.

A number of residential projects being developed Metland among others Metland Menteng Cakung (138 ha), Metland Puri Cipondoh (61 ha), Metland Tambun (37 ha), Metland Transyogi (132 ha), Metlland Cullinan (134 ha), Metland Cibitung (319 ha), and Metland Cyber ​​City (62 ha).

In addition Metland also manages several commercial projects such as the Metropolitan Mall Bekasi, Grand Metropolitan Bekasi, Plaza Metropolitan Tambun, Metropolitan Mall Cullinan, Hotel Horison Bekasi, @HOM Tambun, Horison Seminyak Bali, Metland Hotel Cirebon, and M Gold Tower Bekasi.

Revelation says 56 percent Metland revenue from sales revenue and the remaining percent of recurring revenues (recurring income). The largest portion of recurring income from shopping mall 30 percent, followed by 10 percent of the hotel, and the other 4 percent. While sales revenues largest of Metland Cibitung 13 percent, Metland Menteng 12 percent, Metland Cullinan 9 percent, Metland Puri and Transyogi respectively 8 percent, Metland Tambun 5 percent, and M Gold Tower 1 percent.

“We they will focus on working middle class segment as this is better ensure sustainability of the company. For the development also will not glance at new lands but still concentrating on the development of existing projects, the point we are still careful look at the situation, “said Wahyu.

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