JAKARTA (Yosefardi) – Indonesian property developer Pollux Properties Ltd, based in Singapore, plans to build The Pinnacle Condotels and Apartment in Semarang city, Central Java.
Pollux entered into Indonesia since 2006 through building Paragon City mall in Semarang. The new project, The Pinnacle will consist of 150 units of condotel and 550 units of apartments.
Pollux, partnered with Posco E&C from South Korea, plans to launch property project worth US$500 million in Indonesia. Both companies scheduled to sign joint development corporation today.