Housing-Estate.com, Jakarta – PT Ciputra Property Tbk (Ciputra Group) set up a new apartment project, which will be launched in early December 2016. The Newton Apartment, thus the name of the project, developed in the area of Ciputra World Kuningan, South Jakarta. Newtown Apartment includes 450 units for Rp42-44 million / m2.
According Artadinata Djangkar, Director of Ciputra Group, Newton Apartment presented to target young generation (Gen-Y) is among the upper middle class young professionals. These circles grow rapidly and become a potential market for the apartments were built with premium amenities.
“We see Gen-Y segment has begun to choose and invest in the property and the location of his choice in the city center to support their lifestyle. So this apartment is intended as a startup investment for these circles, “said Artadinata to the media in Jakarta, Tuesday (29/11).
Its construction in 2017 will be completed mid 2020. Ciputra World 1 and 2 at Prof. Satrio, Kuningan, by Ciputra developed as the financial and shopping district. Ciputra World 2 consists of two apartment towers and office buildings that will be operational in 2017. The building area of 80 thousand m2 of office accommodation (47 floors), 55 percent leased and 45 percent sold. While Ciputra World 1 is already built two apartment towers, The Orchard Satrio and The Residence 369 units (sold 95 per cent) and 122 units (sold 98 per cent). “The Newton Apartment size 23-62 m2 start worth Rp1 billion. Until the beginning of 2017 our sales target of 70-80 percent, “he added.
housing-estate.com
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