Thursday, May 29, 2008

KUNINGAN CITY, another Mixed Use Development in Jakarta

Flagship Project of Agung Podomoro in Casablanca

Agung Podomoro develops another Super block in Jakarta. It’s Kuningan City, located in Jalan Satrio near Casablanca Tunnel, Kuningan. This mixed used project will take investment of 2.2 trillion IDR (224 million USD); 70% of capital comes from Agung Podomoro Groups and 30% from Bank’s Loans.

Kuningan City is situated in the site of 3 hectare wide. Total floor area will be 387,000 m2. This flagship project consists of two apartment towers (40 stories and 468 units of each), one office tower (31 stories, 64,000 m2 total floor area), one entertainment retail (40,000 m2 floor area) equipped with convention hall of 1,000 persons capacity, and multilevel car park of 3,400 car unit capacity.

Designed by DP Architects Pte Ltd, Architecture consultant of Singapore, Kuningan City will finish in 2009.

Handaka Santoso, CEO of PT Arah Sejahtera Abadi, the subsidiary company of Agung Podomoro Group said that this project aims middle-up market segment who aspire easy-access residential and entertainment places. People can work, relax, and play at one place.

Concurrently, Agung Podomoro is also building another mixed use project in Tanjung Duren, Jakarta, namely Podomoro City. This flagship projects is also designed by DP Architect of Singapore and consists of office tower, hotel, apartments, shopping mall, and shopping arcades.

Related Article(s):

- Denpasar Residence of Kuningan City, Jakarta by Agung Podomoro

- Central Park Office Tower, More Than a Great Place to Work

gusriharso wrote this article for, a website about property in indonesia

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