Pollux Properties

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Originally Singapore Developers Expansion To Lombok

TRIBUNNEWS.COM.JAKARTA- PT Pollux Properties Indonesia increasingly aggressive work on the property market in the country. After launching a mixed-use project integrated property alias Chadstone in Cikarang, Bekasi last week, a subsidiary of Pollux Properties Ltd based in Singapore will expand its expansion to Lombok in 2015.

In Lombok , Pollux will build Condotel resort and villas Amarsvati Malimbu region, west coast of Lombok . The company has completed the acquisition of the land area of ​​25 hectares (ha).

Amarsvati itself consists of two towers, each of which has 270 units with the lowest price of Rp 1 billion per unit. Pollux entrust the management of a four-star resort hotel operator Ariva.

The plan, Pollux will hold a groundbreaking Amarsvati in February 2015. "We hope that the construction is completed in two years," said Chief Operating Officer (COO) Pollux Kenny Seraphine to KONTAN, Thursday (12/04/2014).

He claimed, the first tower had record sales of 90% before construction begins.

To buy land in Lombok , Pollux must issue a total investment of Rp 5 million per square meter (m²). "Indeed we bought a little expensive because of its location right on the beach. Later, we will also make private beach," said Kenny.

As for building the resort, Pollux must spend another Rp 150 billion per tower.

For this project, Pollux fund the expansion of internal capital by 30% -40%. The rest, companies rely on bank loans and pre-sales project.

In addition to seeing the potential, Kenny says, Pollux expansion to Cikarang and Lombok because it gets the land in both locations. In the future, developers will continue to hunt the land, not least in Jakarta.

Previously, the project is still struggling Pollux in Semarang. You see, one of the shareholders Pollux had a lot of idle land in the city.

Currently Pollux is currently working on three projects integrated property, namely W / R Simpang Lima, The Pinnacle, and the Marquis de Lafayette. While the project has been in operation is the Crowne Plaza Hotel and Paragon Mall.

Unfortunately, Kenny could not tell Pollux current landbank. "We just bought land in Jakarta and Semarang, have not been inventoried," he argued.

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http://pinnaclesemarang.com/weekly-progress/

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Boulevard Vue ~ Project Details

Location: Jl. Sisinga Mangaraja Semarang Central Java
Land Area: 4,767 m²
Building Area: 40,000 m²
Number Of Towers: 1 Tower; 20 Storeys
Function: Condotel + Apartment

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http://chadstone.co.id/construction-news...chadstone/

December 4, 2014

Pollux Properties Launches Chadstone Cikarang

Jakarta - PT Pollux Properties Indonesia through its subsidiary PT Kencana Pollux Aditama launched its newest property, Chadstone Cikarang.

This residence is a mixed-used building consisting of apartments, condotel and shopping centers. Project occupied apartments that will be ready by the end of 2017 it has 38 floors with four tower that houses 2,630 units.

General Manager of Sales, Marketing & Promotion Chadstone Cikarang Pusparani Arum explains, Chadstone Cikarang will be equipped with a lobby, leisure facilities such as a fitness center, jogging track, swimming pool thematic, play area for children, spa and wellness as well as other amenities.

"With affordable prices, ranging from Rp 300 million, we prepared a complete facility that makes Chadstone Cikarang as comfortable dwelling in Cikarang," Arum said in a release received Beritasatu.com, Sunday (30/11).

Three types of Chadstone consists of one bedroom with an area of 25 square meters, two bedrooms with a spacious 42 square meters, and three bedrooms with a total area of 56 square meters.

Going forward, Pollux Properties expects Cikarang Chadstone presence is not only a quality modern housing needs in the industrial area, also created a new standard for the property industry in Indonesia.

Nationally, more than 30 percent of foreign investment into Indonesia immersed in Cikarang. In addition, operating an industrial area in Cikarang contribute to Indonesia's export volume by 40 percent.

Data generated through the last population census in 2012 recorded a population growth was up 4.7 percent, an interesting potential to be developed.

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http://chadstone.co.id/chadstone-global-...fic-place/

December 1, 2014

CHADSTONE GLOBAL LAUNCH @Ritz Carlton Hotel Pacific Place

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