Surabaya – PT Nusantara Tbk Lamicitra will begin to focus on developing the apartments and town house projects utilizing 5 hectares of land in the residential neighborhood Darmo Hills, precisely on Jalan Surabaya MayJen.Sungkono in the western region. Development projects worth Rp 5 trillion will begin in the third quarter of 2017.
Lamicitra Director of PT Nusantara Tbk, Setya Priyo Budi said that the company actually has long been planning the construction of apartments, but the plan will be realized in 2017 in line with demand apartment in Surabaya, which is quite high as it is now. The Company will utilize its land bank in Darmo residential area of 5 hectares Hils now.
The area of the addition will be used for apartments, in the same location will also be built landed house that carries the concept of town. For the apartment project will utilize 3 hectares and 2 hectares for the town house. “For the apartments we would wake up 7 towers consisting of 400 units and for the town house as many as 40 units. Overall the two projects it will spend Rp 5 trillion, which for the apartment tower alone would cost as much as Rp 4 trillion, “said Priyo in Surabaya, Friday (16/12).
Priyo declared for apartment project will built in phases. In the initial phase the company will set aside Rp 500 billion to build five towers with a capacity of 300 units. While the rest of the tower will be built later. “We will begin to be marketed earlier this year and construction of the project will begin in the third quarter of 2017,” he said.
According to Priyo, because of its location in the city center, especially with exclusive facilities offered both apartments Darmo Hill and town house will target the upper middle segment or luxury residential apartment alias. However, he can not mention the sale price offered.
“What is clear is pure and exclusive residential concept. But there are also facilities such as food and beverage, gym, play ground, swimming pool. Will also be combined with serviced apartments and condotel, “he explained.
Meanwhile, Director of PT Lamicitra Nusantara Tbk, Robin Wijaya Gejali added, in addition to focusing on real estate development, next year the company will also focus on project sales for Burberry Surabaya (PGS) and Tunjungan Electronic Center (TEC).
As for the industrial area bonded Tanjung Emas Export Processing Zone (TEPZ) that provides the Standard Factory Building (SFB) with facilities berikatnya, now intensively conducted marketing to foreign to attract foreign investors.
Robin said that with the new projects as well as the trend of economic growth in 2017, the company’s performance which had menglami decline throughout 2016 as the erosion of sales and the company’s revenue will grow back.
“We No projecting minimal growth increased 10%, “he said.
Robin calls per 30 September 2016 the company posted sales or revenue of Rp 74.592 billion or decreased compared to the same period last year of Rp 255.927 billion. “Erosion of sales and revenue for this year is not a lot of rental income coming in, because it is long-term contracts. Likewise, the sale of real estate, despite the advance payments, but can not be incorporated into the company’s cash,” he said.
Amrozi Amenan / FMB
Investor Daily
beritasatu.com
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