JAKARTA - Property developer PT Agung Podomoro Land Tbk (APLN) through its subsidiary PT Sinar Menara Deli and the Capital Group launched a new residential area in Medan, North Sumatra. The company owned by the conglomerate Trihatma Haliman introduced the Victory Tower premium apartment which is located in the integrated area of Podomoro City Deli Medan.

Marketing Director Agung Podomoro, Agung Wirajaya, said that the launch of Victory Tower is also a step in revitalizing the property sector in Indonesia, in line with the Government's efforts to accelerate the recovery of the national economy. This is also at the same time responding to the community's need for vertical housing, especially those in the Medan and North Sumatra areas.

"We are grateful and proud that Agung Podomoro has consistently presented masterpieces in a number of regions in Indonesia, even in the midst of a dynamic and challenging situation. We have taken this tactical step in addition to strengthening the Company's business strategy in taking advantage of opportunities, as well as responding to the property boom that will occur in Indonesia. 2022," Agung explained in a written statement, quoted on Sunday, November 13.

Agung Podomoro also sees Medan as a promising property business prospect. Medan is also the third largest city in Indonesia with various ethnic backgrounds that have very high business needs.

Based on the Central Statistics Agency (BPS) through the results of the 2020 population census, the distribution of the population in North Sumatra is concentrated in the city of Medan with a population of 2.43 million people or 16.46 percent of the entire population of North Sumatra.

With a very large population in the Medan area, the need for integrated premium housing and property investment is believed to be increasing. Therefore, the presence of an integrated Victory Tower premium residence can support and facilitate the mobility of a very dynamic community.

"As a market leader in the property industry in the country, Agung Podomoro sees the prospect of the property business in the Medan area as very promising in line with the decline in COVID-19 cases in Indonesia and the gradually improving economic situation," said Agung.

The Victory Tower stands in the center of Medan City with 378 premium apartment units. This apartment stands in the Podomoro City Deli Medan superblock area with a strategic location in the city center so that it is close to various locations for community activities, ranging from workplaces, places of worship, health facilities, education, and community centers.

Victory Tower is also a residence that prioritizes One Stop Living, which is supported by complete facilities in the Podomoro City Deli area of Medan.

"The presence of the Victory Tower premium apartment is a solution to the need for premium, modern and quality housing not only in the Medan area but the Indonesian people at large. Besides that, it can also become a new magnet in driving the regional and national economy," said Agung.


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