Housing complex in Bogor<\/p>\n
JAKARTA (JP): A developer of resort-style houses in Bogor will
\nstart the second phase of its project next week, according to a
\ncompany executive.<\/p>\n
Privately-owned PT Graha Andrasentra Propertindo's president
\nHamid Mundzir said yesterday the construction of 850 houses in
\nthe Graha Bogor Indah complex would start on Aug. 15.<\/p>\n
\"The project, designed by THG Master Planner of Australia, is
\nexpected to be completed in three years,\" Hamid said.<\/p>\n
He said his company had invested about Rp 175 billion (US$67.3
\nmillion) in the enterprise located on a 32-hectare plot of land
\non Jl. Pahlawan in Bogor, 60 kilometers south of Jakarta.<\/p>\n
There will be two tyoes of houses, an 80-square-meter house on
\na 100-square-meter plot and a 100-square-meter house on a 150-
\nsquare-meter plot, Hamid said.<\/p>\n
They will cost Rp 135 million and Rp 170 million,
\nrespectively.<\/p>\n
About 300 houses were sold in the first construction phase,
\nwhich started in 1994.<\/p>\n
Hamid said his company would continue to build smaller houses
\nin the next few years. (jun)<\/p>",
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"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
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