First tower Kingland Avenue Sold 70%



JAKARTA – PT Hong Kong Kingland recorded sales of 70% of the apartment units The Venetian in Serpong. The first tower of Kingland Avenue project is marketed since November 2016 with prices starting at Rp 640 million to Rp 1.2 billion.

Marketing Director Bambang Sumargono Kingland Avenue, said the project Kingland Avenue received a great response from the market. It was believed to be due to have another concept of a similar apartment in Serpong.

Bambang said, The Venetian offers residential apartments with a loft concept. The target market is young people like young executives or newly married couples.

“They came to Marketing Gallery Show Unit and bought our apartment on average a worker,” he said in a press release received by Investor Daily in Jakarta, recently.

Additionally, Hongkong Kingland also offers a means of payment of interest. “We offer promo schemes installment is only Rp 5 million per month, or DP 35% – 40% may be paid in installments over 48 months , This is one of the keys to our success, “he said.

Bambang also claiming the achievement of the sale was a success considering the sales of apartments in Serpong are not famous in this Fire Monkey year. He ensured the handover of the apartments will be made in 2020.

“If we see a lot of competitors in particular developer or developer of high-rise in 2016, among them there are delaying the launch, there was also imposed but the results are not satisfactory, “he said.

Broadly speaking, Bambang said, the property market back stretch in the third quarter 2016. In the future, according to Bambang, the price increase (capital gain) apartment Kingland Avenue very promising.

At this time, the selling price of apartments in the area of ​​Serpong ideally ranging from Rp 22 million per m2 with an average increase every year 15 – 20%.

with these assumptions, the price of apartments in Serpong on the fourth year will range between USD 32-35 million per m2.
“Well, compare it with the current The Venetian sold at prices starting at USD 16 million per m2. That means profits can reach 100% or double of the price of the first, “said Bambang.

Laila Ramdhini / EDO

Investor Daily

beritasatu.com

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