Jakarta to get new condominium

Jakarta to get new condominium

JAKARTA (JP): Governor Surjadi Soedirdja is scheduled to
inaugurate two condominiums and two apartment units, called the
Taman Pasadenia Pulomas Project, in Pulomas, East Jakarta on Oct.
25, a company executive said yesterday.

Gemala Misori W. Biantoro Wanandi, the president director of
PT Pulomas, said the company has completed construction of the
two condominiums, which consist of 146 units of various types,
and two apartment buildings, which consist of 50 units of various
types. He said the construction of the condos and the apartments
were the first phase of the project.

"The second and the third phases of the US$87 million project
will be the construction of two other condominiums, two more
apartments, a shopping center, sports venues and several other
public facilities, which is expected to be completed by the year
2000," Biantoro said.

He said the company is owned by the city-owned developer PT
Pulomas Jaya, the Gemala Group, Ongko Group and Strait Steamship
Land Ltd of Singapore.

Biantoro said the selling price of a condominium unit ranges
from $120,000 to $550,000 while the rental price for an apartment
unit ranges from $1000 to $2000 per month.

Director of PT Pulomas Jaya Iman Soenario said that 20 percent
of the project area is designed for buildings, while the
remaining 80 percent has been designated for open areas.

He said the company will also renovate the Pulomas horse
racing track. (jun)