JAKARTA (Yosefardi) – Property developer Margahayuland Group invests Rp2.9 trillion on 3 property projects, Investor Daily reported this morning.
That 3 commercial property projects are 19 Avenue office (Jakarta), Shopping Center, Somerset Kentjana (Jakarta), and Newton The Hybrid Park (Bandung).
Somerset Kentjana covers 1.3 hectares land area with 400 units of apartments.
Based on data from Colliers International Indonesia, property developers in Indonesia launch almost 21,000 units of strata title apartments this year.