Bangun Cipta Group starts constructing Semanggi Tower House<\/p>\n
JAKARTA (JP): PT Arthaguna Saranapratama, a subsidiary of the
\nBangun Cipta Group, will start the construction of Semanggi Tower
\nHouse on April 20, according to the company's president.<\/p>\n
The apartments are intended for middle income tenants.<\/p>\n
Meilono Soewondo told newsmen yesterday that the price of its
\n330 apartment units will run between Rp 90 million (US$41,918)
\nfor a one-bedroom apartment to Rp 470 million ($218,910) for a
\nthree-bedroom apartment.<\/p>\n
He said that the down-payment on the apartments, to be built
\non 1.5 hectares of land nearby Jl. Gatot Soebroto, amounts to 30
\npercent of the prices. The remainder will have to be paid upon
\nthe completion of construction in 1996.<\/p>\n
Bank Tabungan Negara, a state-owned bank, and two private
\nbanks -- Uni Bank and Bank Papan Sejahtera -- are ready to
\narrange housing loans for buyers, he said.<\/p>\n
Meilono said that around 240 prospective buyers have contacted
\nhis office.<\/p>\n
Arthaguna is 57 percent owned by Bangun Cipta Group, a
\nproperty developer, 20 percent by PT Sari Kebon Jeruk, also a
\nproperty developer, 18 percent by businessman Okky Chandrawinata
\nand five percent by businesswoman Diah Perwitasari.<\/p>\n
Meilono said the apartments' construction would cost Rp 70
\nbillion, of which 70 percent will be financed by a national
\nprivate bank and the remaining 30 percent by Arthaguna.<\/p>\n
Responding to newsmen's questions about the building permit
\n(IMB) for the apartments, Eva Silvyana, the apartment's project
\nofficer, said that the company will go ahead with its
\nconstruction schedule since the project has acquired a
\nprovisional building permit. The IMB issuance is expected next
\nmonth. (03)<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/bangun-cipta-group-starts-constructing-semanggi-tower-house-1447893297",
"image": ""
},
"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
}