Saturday, May 24, 2008

The Lavande Residences, Apartment in Tebet

Apartment, Serenity in the Heart of the City
Apartment that makes you stay back in the city.

Middle Class Apartment market size in Jakarta grows very fast to convince prominent developer to raise more towers. To after Taman Rasuna Apartment of Bakrie Group which marked a big success, Agung Podomoro Group built Sudirman Park and Thamrin Residences in Central Jakarta; as for the people of southern Jakarta, Agung Podomoro confidently launched their new project: The Lavande Residences, a tower Apartment in Tebet, Jakarta. What’s the new and uniqueness of The Lavande Residence? How is it going?

Lavande Residences is located in area of 1.5 hectares in Tebet, South Jakarta. For this project, PT Intersatria Budi Karya Pratama (IBKP), the subsidiary company of Agung Podomoro Group invests IDR 300 billion (around USD 30 million dollars); it is 85% of internal shares and 15% of loans.

Budi Yanto Lusli, the CEO of IBKP said that The Lavande Residences is the first and only apartment in Supomo Street, Tebet, South Jakarta There will be two towers of 23 and 30 floors.

The Lavande Residences stands in a superior location as a business district and not far from other central business district. That’s the selling point of the apartment which makes the suburban people back to downtown without hesitate.

The Lavande aims middle-up market segment for the unit price of Rp 300 millions – Rp 1 billion. The Lavande set the price of Rp 9.5 million to 10.5 millions per square meter for two bedroom unit; and it’s Rp 10 million to Rp 11.5 millions per square meter for a three bedroom unit.

PT IBKP set Rp 400 millions target sales. Currently, it is 50% sold.

PT Pulau Intan Baja Perkasa Konstruksi (PIBPK), the main contractor of The Lavande will complete the construction in August 2009 (duration = 550 days) and ready to be occupied in October 2009.

PT Pulau Intan is an outstanding contractor who has lot of experiences. They have completed Mediterania Garden Residence 2 Jakarta, Modern Golf Apartment, Star City, Kelapa Gading Square, French Walk Residences - Jakarta, Hampton Park - Jakarta, The Boulevard - Jakarta, Novotel Hotel - Balikpapan, Mercure Hotel - Surabaya, Aston Hotel - Samarinda, Grand Pasundan Hotel - Bandung, Balikpapan Superblok, and E-walk Balikpapan.

With their excellent reputation, The Lavande will certainly be a comfortable family residence with a high quality standard.

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

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