Rabu, 20 April 2011

Condominium in Serpong Most Wanted

Trends in the development of condominium project outside the central business distric area (CBD) and developed in the area of ​​housing will continue. For example condos in Serpong, such as Paramount Paramount Serpong Residence in Housing and Residence in the Housing Silkwood Alam Sutera."The market is really healthy condos in Indonesia. Occupancy in primary and secondary areas remain high. But there was a trend of improvement in areas outside the CBD, especially in Serpong," said David Cheadle, Managing Director of Tenant Strategies and Solutions, Cushman and Wakefield, in the exposure Marketbeat first quarter of 2011 in Jakarta, Wednesday (13/04/2011).This quarter was recorded more new condo projects for the middle class. This is due to limited land in the CBD area, which will encourage more developers to build middle-upper project.
According to David, the purchase is dominated by investors who will lease back the purchased units to potential tenants. "Condominium which has a location close to the center of activity, such as commercial areas, shopping centers, educational centers, and working environment, attractive," he said.For upscale condo, one project that is judged to have good performance is Pakubuwono Signature, which is a continuation previous development, namely Pakubuwono Residence and Pakubuwono View.Meanwhile, the modest apartment that is built up sales only rose by 0.6 percent from figures in the last quarter, 91.1 percent. There is only one simple apartment project which was launched during this quarter, namely Lenteng Lenteng Supreme Court Apartments in the area, with future supply as many as 26,853 units.For condominium projects recently completed in this quarter include the Central Park Residence (Tower Alaina), Royak Mediterranean Garden (Tower Marygold), Kemang Village (Ritz Tower, Cosmopolitan, and Empire), MT. Haryono Square, I Cik Ditiro and Seasons City (tower A and B). These projects make as many as 2877 additional units from the previous quarter.Future supply of condominiums will get an extra from The Windsor in Puri Indah, Paramount and Paramount Skyline Residence in housing Paramount Serpong, Oak tower the second tower of the Silkwood-Residence at Alam Sutera housing, the third tower of the Montreal-tower project Kasablanka City of Casa Grande, Tower G of the project Greem Bay Pluit, The Best Western Premiere in Pondok Indah, and Pakubuwono Terrace in Cipulir.

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