Indonesian Political, Business & Finance News

Residential Property --- Friday, Sept. 23, 2005

Residential Property --- Friday, Sept. 23, 2005

To be combined with the story on residential estate:

Raffles Hills housing estate uses western names for particular
types of houses such as Ashley for type 481/412 square meters,
Catherine for type 486/400 square meters, Philip for type 300/322
square meters and Thomson for type 240/305 square meters.

Clusters with an international nuance can also be found in
Kota Deltamas developed by Lippo Group in Cikarang, in East
Bekasi.

The Lippo Group developed Kota Deltamas following the
successful construction of exclusively designed cluster-type
housing complexes for the middle-and upper-income groups like
Orchard Hill, Casa Del Madrid, Villa Espana and Palm Hills in
Cikarang, East Bekasi.

Kota Deltamas has created a resort atmosphere because more
people from the middle-and upper-income groups wish to enjoy a
resort-type environment in their home. The clusters that provide
a resort atmosphere include Cluster Caribbean, Hawaii, Catania
and Cluster Parthenon.

The beach resort atmosphere can be felt through the design
that adopts the architectural style of houses in Hawaii,
ornaments and decorations in the houses and in public facilities
such as plazas, malls and entertainment centers.

If the estates with a cultural theme offer a cultural ambience
for their residents, those that focus on environmental themes
provide residents with the natural beauty of the surrounding
environment like rivers, lakes, hills and mountains.

The Rancamaya housing estate, in Ciawi, Bogor in West Java,
for instance, is an ideal residential area thanks to the estate's
green, hilly grounds that allow residents to inhale fresh, clean
air, enjoy warm sunlight and refreshing vistas.

Rancamaya's marketing manager Sutomo said that real estate
developer PT Suryamas Dutamakmur Tbk. built the Rancamaya housing
estate based on the concept of quality and harmonious living to
ensure that residents feel secure and comfortable.

At the Rancamaya residential housing estate covering some 400
hectares of land, peaceful and harmonious living starts from the
entrance gate where visitors or residents are greeted by dense
and shady trees. At the second gate, residents will have another
breathtaking view: a colorful landscaped garden and waterfalls,
with the mountain as a backdrop.

PT Suryamas Dutamakmur started with its Rancamaya housing
estate construction project in 1994 and is now constructing
another cluster called Istana Bunga or Palace of Flowers. The
cluster will comprise around 64 houses built with a modern
Balinese architectural design.

"Most houses built using Balinese architecture are close to
nature because there are always open spaces at the back of the
house," Sutomo said.

The entrance gate of the Palace of Flowers will be decorated
with statues and ornaments reflecting a Balinese resort
atmosphere to reinforce the estate's environmental themes.

The prices for houses at the Istana Bunga Cluster range from
Rp 500 million to Rp 3.5 billion.

Rancamaya is complete with vital facilities including a club-
house that comprises a swimming pool, a children's playground, a
mini zoo, a fully equipped gym, sauna, restaurants and a pro-
shop, a golf course with 18 holes and a tennis court.

Schools, restaurants, spa centers and other supporting
facilities will also be constructed for the comfort and
convenience of the residential community.

Meanwhile, the increasing demand for environmentally friendly
residential houses in town has prompted property developer PT
Adiguna Reksa Segara to build Bonavista Residence in Lebak Bulus,
South Jakarta.

Bonavista Residence will feature around 227 houses on seven
hectares of land.

The Bonavista Residence will provide spacious parks at the
center of the estate and each house will have a front and back
garden, said Bonavista Residence's marketing manager Indra
Himawan.

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