JAKARTA (Yosefardi) – Property developer PT Ciputra Development booked marketing sales of Rp3.5 trillion in first half of this year, representing 35% of this year’s target (Rp10 trillion).
The projects launched this year include housing project in Pontianak, Citra Garden apartment in Jakarta, housing project in Batam, office project in Kemayoran (Jakarta), and villa and resort project in Bali.
CTRA plans to seek loan facility of Rp1 trillion from local banks in second half of this year, to fund this year’s capital expenditure (capex) of Rp2 trillion.
The company plans to launch 8 housing and apartment projects this year. The company targets to book net profit of Rp1.2 trillion and sales of Rp10 trillion.