Tue, 15 Aug 2000

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)