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PPRO Successfully Achieves Presale Rp 1.5 trillion

Jakarta (Benchmark News) – PT PP Property Tbk. Achieves presale or marketing sales much as Rp1,5 trillion in the first nine months of 1999. The figure increased 25% compared with the same period last year. Indaryanto, financial Director of PP Properties, said the achievement of the pre-sale equivalent of almost 60% against a target during the year amounted to Rp2,6 trillion.

“We are optimistic the target could be reached, there are 4-5 more projects that will be launched in quarter IV,” he explained to Bisnis.com, Friday (30/9/2016). He explained, the new projects to be launched are scattered in Semarang, Surabaya, and Depok, Bekasi.

In Semarang, PP Property is planning the release of a new project for students in the area of higher education Tembalang. PP Property has been pressing a memorandum of understanding with PT Adhisatya Group to build three residential towers with value investing at Rp500 billion. Indaryanto said the company will soon complete the collaboration with Adhisatya before the release of the new project to the consumer.

” What is cooperation in the form of a JV, JO or we buy land, we still consider, “explains Indaryanto. Besides in Tembalang, PP Property also intends to release a new apartment tower at project Amartha View. The company’s stock coded PPRO will launch the second apartment Tower 800-capacity unit. Earlier, last year’s 798 units in the first tower had already been launched. In addition to Semarang, PP Property also intends to launch new residential towers are each in the Grand project of Dharmahusada Lagoon and Grand Kamala Lagoon.

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