Lippo to offer new homes

BEKASI: PT Lippo Cikarang Tbk has launched a new housing complex in the Simpruk area of Lippo Cikarang.

The president director of PT Lippo Cikarang, Yuke Susiloputro, said on Tuesday that the Taman Valencia housing complex would consist of six houses types priced between Rp 200 million and Rp 500 million based upon land area and building type.

The smallest house of 64 square meters would stand on a 120- square-meter plot, while the largest house of 93 square meters would stand on a 300-square-meter plot.

He said, however, that there was no guarantee this year would be a good one for the real estate business.

Lippo Cikarang is a satellite town in Bekasi, east of the Jakarta, that is now home to more than 100,000 people. --JP