Developer promotes offices in Kuningan<\/p>\n
JAKARTA (JP): Ever thought of owning your own office building,
\nwith your company's logo, in the highly prestigious Kuningan
\narea?<\/p>\n
The developer of the Kuningan Office Park is offering that
\nchance to medium-sized companies, local or foreign, at prices its
\nmarketing agency guarantees to be competitive.<\/p>\n
PT Kharisma Mandrasakti, a subsidiary of Prasidha Group, began
\nthe construction on Thursday of a number of buildings, which it
\nplans to sell later with facilities, including elevators and
\nparking space.<\/p>\n
\"This is a whole new concept. A company can own a building we
\nbuild and design at a competitive price,\" Andreas Wiyono, an
\nexecutive from Koll Ipac, the marketing agency for the project,
\ntold The Jakarta Post.<\/p>\n
The developer is aiming in particular at middle-size and
\ngrowing companies which are looking to set up headquarters.
\nInstead of taking up two floors in some towering building, they
\ncan own their own building at affordable prices.<\/p>\n
Besides the towers, Kuningan Office Park will have a number of
\nsmaller units, seven to 15 floors in size, that will be available
\nfor sale.<\/p>\n
Andreas declined to state the prices of the buildings.<\/p>\n
\"The company will not be buying just the building, but the
\nland as well,\" he explained.<\/p>\n
Elaborating on the concept, he said the buyer will obtain hak
\nguna bangunan, a title that grants the holder the right to
\nconstruct and own a building on a piece of land for a period of
\n20 or 30 years. The right is renewable at the discretion of the
\nlocal authorities.<\/p>\n
This, he said, means that foreigners can buy the right.<\/p>\n
The concept is different from the scheme of buying space in
\nsome high rise buildings in which the facilities, such as
\nelevator and parking space, are collectively owned.<\/p>\n
Under the Kuningan Office Park concept the buyer will own the
\nbuilding and all its facilities. \"The surrounding roads are
\nregarded as public facilities,\" Andreas said.<\/p>\n
When completed, the Kuningan Office Park will consist of 20
\nbuildings, with sizes ranging from 2,000 to 7,000 square meters.<\/p>\n
In the first phase of the project, which was launched on
\nThursday, the developer will build six buildings on a three-
\nhectare plot of land. Construction should be completed within two
\nyears, Andreas said.<\/p>\n
The idea for the concept came from Jeffry Sanusi Soedargo, the
\nvice president of the Prasidha Group and managing director of the
\ncompany's real estate and property division.<\/p>\n
\"What happens to companies like ours -- growing companies,
\nhaving a need to consolidate in one location and yet maintain an
\nidentity?\" he once mused. (yns)<\/p>",
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"sponsor": "Okusi Associates",
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