Indonesian Political, Business & Finance News

Sinar Mas Land Launches Castilo Cluster in BSD City with Prices Starting at Rp1.9 Billion

| | Source: MEDIA_INDONESIA Translated from Indonesian | Property
Sinar Mas Land Launches Castilo Cluster in BSD City with Prices Starting at Rp1.9 Billion
Image: MEDIA_INDONESIA

Sinar Mas Land officially launched the new Terravia Castilo cluster in BSD City on Monday, May 25. The American Classic Modern-style homes are priced from Rp1.9 billion per unit, responding to positive property market trends at the start of this year. This expansion is driven by strong performance from PT Bumi Serpong Damai Tbk (BSDE), which recorded pre-sales of Rp2.54 trillion in Q1 2026—a 5% year-on-year increase from Rp2.43 trillion in the same period last year. The success of previous clusters, Adora and Belova, also indicates high consumer interest in the Terravia area. FX. Sidi Widagdo, Senior Vice President of Residential at BSD Sinar Mas Land, stated that Terravia Castilo is designed to meet optimal space needs for modern families. ‘Terravia Castilo is introduced to address the public’s need for homes that excel not only in visual design but also in optimally designed spaces to support family activities,’ he said in a statement. During the initial sales phase, Sinar Mas Land is offering around 109 units. The cluster provides three types, ranging from Type 6.5 with 89 m² built-up area to Type 8 at 129 m². Each unit features modern amenities such as smart door locks, CCTV, and integrated living, kitchen, and dining spaces. To attract buyers, the developer is offering incentives including zero-down payment promotions, early bird pricing, and shopping vouchers worth 0.5% of the property price, convertible to direct discounts. Facilities include a communal park, community lounge, and children’s swimming pool. The location is strategic, near the Serpong-Balaraja Toll Road (Serbaraja) Sections 1A and 1B, and surrounded by shopping centres such as AEON Mall and QBig, as well as international educational institutions. Resident mobility is supported by connectivity to JORR Toll Roads 1 and 2, and public transport via BSD Link buses and KRL Commuter Line stations at Cisauk and Jatake.

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