Billions Of House Sales From BSD Property Developer Conglomerate Eka Tjipta Widjaja Reaches 100 Percent

Illustration. (Photo: Unsplash)

JAKARTA - Property developer PT Bumi Serpong Damai Tbk (BSD) stated that the sale of the company's property in the Aether BSD City cluster and the Lumihous Legenda Wisata Cibubur cluster was selling well. All units launched by the company from the Sinar Mas Group are claimed to have been sold 100 percent.

Director of Bumi Serpong Damai Hermawan Wijaya explained that the company strives to increase stakeholders' value through sustainable development.

"Our project reserves and landbank will ensure project continuity in the coming years", Hermawan said in an official statement, quoted Monday, June 14.

Meanwhile, the company owned by the late conglomerate Eka Tjipta Widjaja has at least pocketed pre-sales revenue of IDR 388 billion from offering all units in two clusters, namely Aether BSD City and Lumihous Legenda Wisata Cibubur.

Hermawan explained that the Aether cluster is located in the Greenwich development area, a 47-hectare housing complex in BSD City Phase II. Aether will be Greenwich's last and ninth cluster. This cluster offers 100 units in phase 1 with prices ranging from IDR 2.9 billion to IDR 4.5 billion per unit.

Specifications building area of 165 square meters and a land area of 84-44 square meters. Also Read: Wow, BSDE Still Has IDR 11.42 Trillion Real Estate Supplies Greenwich Housing is surrounded by Q-Big, Ararasa culinary center, IPEKA Christian School, Astra Business Center, and is directly connected to the Indonesia Convention and Exhibition-ICE.

In addition, the residential area is also equipped with public facilities covering an area of 1.6 hectares.

"Of the total 100 units launched, 100 units were sold out and contributed to the pre-sales proceeds of IDR 280 billion", said Hermawan.

In addition to Greenwich, the issuer with the stock code BSDE has also opened an extension of the Azura cluster called "Azura Starlight" in the Vanya Park area which is also located in the BSD City Phase II development area. Hermawan explained that Vanya Park has a green environment with a 7-hectare lake view.

Azura Starlight will offer 26 units in Phase I, ranging from IDR 1.4 billion to IDR 2.4 billion per unit. Specifications for a building area of 52 square meters and a land area of 66–132 square meters. Outside the BSD City area, the company also continues to develop its product at Legenda Wisata Cibubur in the form of the Lumihous residential cluster.

This cluster is offered with a compact housing design and is fully furnished. Meanwhile, the Legenda Wisata Cibubur area has strategic access via the Cibubur arterial road which is directly connected to the City of Tourism, and has access to the Cimanggis-Cibitung toll road which is 1.2 kilometers from the toll gate.

"Lumihous offers 126 units for IDR 1 billion per unit, with specifications for a building area of 57 square meters and a land area of 60 square meters. Of the total 126 units launched, 100 percent were sold out and contributed pre-sales of IDR 108 billion", concluded Hermawan.