Indonesian Political, Business & Finance News

Land certificate not yet issued

| Source: JP

Land certificate not yet issued

As the legitimate owner of a house on Jl. Metro Alam II,
Pondok Indah, South Jakarta, that we bought more than three years
ago, to date we have not received the HGB land certificate from
the developer, PT Metropolitan Kencana (PT MK).

We have contacted PT MK a number of times, however, the answer
was always disappointing: "The mapping of the land and division
into lots is still in progress, or there are still many houses
around Metro Alam whose land certificates have not been issued."

I am amazed how PT MK manages to market Pondok Indah as an
upscale residential area and sell housing lots at such hefty
prices, while still incompetent of handling land documents.

As a consumer it is my right to obtain land documents of the
house I bought. I am tempted to think that our land is being used
as collateral in a bank, or maybe it is simply because of
mismanagement. I urge PT MK to satisfy my curiosity and settle
this matter as soon as possible.

I have waited long enough. It's time PT MK got to work and
told us what was happening.

DIAN HASAN

Jakarta

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