JAKARTA, KOMPAS.com – Forza Land who recently made an initial public offering as many as 312.5 million shares, plans to expand to Borneo.
Read: Developer’s Confidence 312.5 Million Offer Shares
Director of Forza Land Freddy Setiawan, the project will be developed, entitled One Paradise City.
“We will start 2017,” he said, Wednesday (11/16/2016).
One Paradise City is located in West Kutai, East Kalimantan, occupying an area of 7.9 hectares.
This project will serve as a source of recurring income or recurring income, in addition to One Blossom in Serpong, South Tangerang, Banten.
One Paradise City is a property multifunction consisting of shopping centers, Condotel, housing and shop and home shop.
Director Forza Land Erick Satria added, One Paradise City is located in strategic locations similar to other projects.
“products in this project we made it as the target market competitive price, “said Erick.
He believes One Paradise City welcomed the market for residential needs for the time being so high.
Meanwhile, projects One Blossom, 30 percent of whom will be used as serviced apartments leased.
In addition to the two projects, currently Forza Land is building One Casablanca in East Jakarta, One Azure in Serpong, and One Velvet in Serpong.
The need for funds for the development in 2017 of Rp 300 billion.
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