Alam Sutera Offers “Blue Chip” Apartment of IDR 4 Trillion All

JAKARTA, KOMPAS.com – Starting Semester II-2020, PT Alam Sutera Realty Tbk offers a new product titled EleVee Penthouses and Residences.

This product is an apartment with a total development of six tower on an area of ​​4 hectares.

In realizing EleVee Penthouses and Residences, Nature Silk invested an investment of IDR 3 trillion, with an estimated cost of construction or gross development value IDR 4 trillion.

President Director of PT Alam Sutera Tbk Joseph Sanusi Tjong admitted that the Company did not profit (profit) from this product, following the situation and market conditions that are still affected by the Covid-19 pandemic.

Therefore, the price is specially made and competitive and can even be accessed by millennials, starting from IDR 1.7 billion with the smallest area of ​​88 square meters.

Also read: Half of 2020, Alam Sutera Recorded Marketing Sales of IDR 1.4 Trillion

Joseph said property is a long-term investment whose results can be seen in the next ten years.

Just like stocks that recognize the term blue chip or good products (high liquidity), property too.

Properties designed with an attractive, good, high quality concept, equipped with the required facilities, with high investment potential such as EleVee Penthouses and Resisences, are included in the category blue chip.

When market conditions return to normal, property prices blue chip will also increase because consumers seek and choose.

“In turn, the return on investment is many times what it can come from capital gain nor yield of the rental price, “said Joseph replied Kompas.com, Saturday (29/8/2020).

In the first phase, EleVee Penthouses and Residences will be marketed around two towers covering around 600 units.

Apart from the smallest type of 88 square meters for two bedrooms, there are other types such as three bedrooms to the largest of 160 square meters.

From the sales of the first two towers, Alam Sutera is targeting Rp 1.3 trillion in revenue by the end of 2020.

EleVee’s Sales & Marketing Division Head Kristien Andriani Wibowo is optimistic that this target will be achieved, because of the enthusiasm and enthusiasm of the market who wants quality housing with various trapping features.

“This apartment is in a strategic location in Alam Sutera, which has been inhabited by more than 10,000 families. It is 1 minute to Alam Sutera Mall, 2 minutes to the Jakarta-Tangerang toll gate, and only 25 minutes to Soekarno-Hatta International Airport,” he said. Kriestien.

Alam Sutera will start construction of this apartment in early 2021 and is scheduled for completion in late 2024.

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