Kuningan Office Park: Prasidha's latest success
Kuningan Office Park: Prasidha's latest success
Jeffry Sanusi Soedargo, the Vice President of the Prasidha Group and Managing Director of the firm's Real Estate & Property Division, mentioned casually that once while driving through the Kuningan area, he was amazed at the development of high rise buildings offering strata title and leasing office premises.
"What happens to companies like ours - growing companies, having a need to consolidate in one location and yet maintain an identity?" he mused. That was what sowed the seed for Prasidha's revolutionary investment - the Kuningan Office Park.
Unique feature
The unique feature of Kuningan Office Park is its Hak Guna Bangunan, status - in fact the first of its kind in Jakarta. Hak Guna Bangunan is the right to construct and own building(s). This title is usually granted for 20 or 30 years and may be renewed at the discretion of the local government. According to Indonesian law, this right can also be held by foreign joint venture companies.
With this feature, a prospective company can buy and own a whole building from top to bottom -- not just one or two floors -- just like those large companies with high-rise buildings along Jalan Sudirman or Jalan Thamrin, except that it is of a smaller scale.
Prasidha senses the need of growing companies, having offices scattered in the remotest corners of Jakarta, to consolidate their premises in one center with the privilege of title rights. Without being involved in the construction process, a company could purchase a complete unit, depending on their present or future needs, with the privilege of using its own name. It would also have the option of leasing office premises in its unit(s).
Another attractive feature of the Kuningan Office Park is the availability of parking space for sale with each unit. The provision of ample parking space greatly facilitates business activities.
Strategic Location
Kuningan Office Park is strategically located within the Jakarta Golden Triangle, about 100 meters from Jalan H.R. Rasuna Said and the Atrium Setiabudi. Though within the busy industrial sector, its easy accessibility to restaurants, banks, hotels, sports and shopping centers and central location makes it an attractive investment.
Kuningan Office Park covers a total area of approximately 30,000 square meters, and consists of two office towers and nine office buildings. Each office building is built as twin units. The units vary in size and range from 2,000 square meters to more than 6,000 square meters. The number of floors in each unit ranges from 7 to 15.
Though located in one complex, emphasis is laid on effective landscaping and maintaining the individuality of each unit. All modern office facilities are provided -- in fact, all privileges existing in large strata title offices are available but in a more compact and concise manner -- an ideal investment for growing companies. It is developed by PT Kharisma Mandrasakti, part of the Prasidha Group, which has hired SC & L Consultants, a member of Shimizu Corporation from Japan, as its design consultant, and Beca Carter Hollings & Ferner (S.E. Asia) Pte. Ltd. as the engineering consultant.
PT Koll Ipac Indonesia has been appointed the sole marketing agent. The construction is scheduled to commence this April and be completed within a period of two years.