Delta Mas Cikarang estate developer has a land reserve of 1,157 hectares of land or the value of Rp3 trillion to the 1st half of 2016. This area of land reserves decreased 20% over the same period the previous year which stood at 1,455 hectares.
As described in the magazine Property Indonesia (MPI) edition November 2016 mentions PT Puradelta Lestari Tbk Integration developers Kotabaru the target to complete the acquisition of the land area of 135 hectares (ha) in the southern industrial area of the City Deltamas the fourth quarter of 2016 ,
acquisition value of approximately USD 810- 945 billion. Based on the financial statements, Puradelta has listed the purchase of land amounting to Rp 775.68 billion. This purchase is the payment of advances to related parties and third parties teletak in Cikarang each covering an area of 1.29 million square meters and 1.24 million square meters on June 30, 2016 and December 31, 2015.
Previous developer residential and industrial areas experienced a decline in net income in the first half of 2016 became Rp486,17 billion or 37.04% of net profit in the same period in 2015 amounting Rp772,19 billion. The decline in performance is also seen in the principal achievement of sales fell significantly by 24% or from Rp1.27 trillion in the same period the previous year to Rp976 billion in the first half of 2016.
Puradelta also recorded a decline in asset Rp7, 35 trillion over the same period in 2015, namely Rp8,01 trillion. Semester 1-2016
Location M2 USD (Million)
Cikarang (Jawa Barat) 11,575,589 3.08546 million
mpi-update.com
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