JAKARTA (Yosefardi) – Property developer PT Ciputra Property Tbk targets to book marketing sales of Rp3.7 trillion from 2 mega projects, Ciputra World Jakarta 2 in Kuningan, South Jakarta, and Ciputra Intenational in Puri Indah, West Jakarta.
The company targets to commence operation of first phase of Ciputra World Jakarta 2 by end 2016 while first phase construction of Ciputra International project is expected online slots by end 2017.
Ciputra World Jakarta 2 is targeted to contribute Rp2 trillion marketing sales while Ciputra International to contribute Rp1.7 trillion.
Meanwhile Ciputra Development Tbk (CTRA) allocates Rp1 trillion for developing 10-15 new projects next year. As of September 2014, the company”s cash totaled Rp2.89 trillion.