Low cost apartments built simultaneously

Low cost apartments built simultaneously

JAKARTA (JP): The city administration will start constructing
four low cost apartment projects simultaneously next month.

"The city administration will start the development in Tebet,
South Jakarta and in Bendungan Hilir, Karet Tengsin and Jati
Bunder in Central Jakarta next month," Nusmardi, head of the
Apartment Control Department of the City Housing Office, said
yesterday.

He said the city administration originally did not intend to
build apartments in those areas. But when fires recently razed
houses in the four areas the office decided to build low cost
apartments on the sites to accommodate the fire victims.

"The City Housing Office will build them under the management
of PT Sarana Jaya," Nusmardi said.

He said that in Bendungan Hilir the city administration will
build a 10 story apartment. "As a consequence we have to install
lifts in that building," he said. There will be 532 units
available to accommodate the fire victims and other people.

He explained that the office will build 40 units of 21 square-
meter apartments in Jati Bunder, 152 in Karet Tengsin and 288 in
Tebet.

Chairman of the City Development Plan Agency Eri Cahyadipura
has said the land should be optimally used because of its market
value, and this can be done by building more units in the one
location.

"The city administration will build higher apartment buildings
because we hope to accommodate more people," Eri said.

He explained that when conditions are suitable, such as with
land aspects, the city administration will build higher
buildings.

Subsidy

"PT Setdco Grahamandura will finance the development of the
apartments in Tebet, while the construction of the other three
apartments will be financed by the city budget," Nusmardi said.

PT Setdco Grahamandura, owned by Setiawan Djodi, will build a
luxurious apartment in Jl. Casablanca, South Jakarta.

Eri also said that for each 21 square-meter apartment built,
the city administration will subsidize 50 percent of the
development cost.

"Each unit costs Rp 23 million (US$10,550.45)," he said.(yns)