City to lease houses to expats

City to lease houses to expats

JAKARTA (JP): City-owned property developer, PT Sarana Wisesa
Properindo, will lease 12 houses, located on Jl. Pejaten Raya in
South Jakarta, to expatriates, company president Dede Chatab said
in a statement, copies of which were made available to The
Jakarta Post on Monday.

The launching ceremony will be held on Tuesday, Aug. 22.

The 12 houses comprise of four 340-square-meter houses with a
monthly rent of US$1,500 and eight 250-square-meter houses at
$1,250 a month.

The houses, which used to be occupied by high-ranking city
administration officials, have been renovated before being handed
over to the company for commercial purposes.

Dede said the leasing of the houses will help enable the
company to contribute to the City Budget. (lup)