Tamansari Skyhive Jakarta Groundbreaking Event

Saturday, 30 March 2019

Jakarta, 30 March 2019 - Collaboration between two renowned developers, PT WIKA Realty and Medialand Group, began to be realized through the latest groundbreaking ceremony ceremony at Tamansari Skyhive Apartment. This exclusive residential project that is right in Jakarta's Newest Hub, Cawang, East Jakarta officially began to be built and continues to the development phase after it was officially launched through the NUP selection process in November 2018. "In less than one year from the launch period to the groundbreaking process, we want to show our commitment as a trusted developer to be able to carry out the handover process to the targeted consumers, namely in the middle of 2022," said Agung Salladin as WIKA's Managing Director Realty.

This apartment is an exclusive residence built on an area of ??5,331 m2 and consists of only 571 units. Furthermore Yudhian Hartawan as the Realty Manager of Tamansari Skyhive Apartment explained that this residence consists of 3 types of units, namely studio type (25-30 m2), type 1 bedroom (38-44 m2), and type 2 bedroom (65-81 m2) with prices start in the range of IDR 30 million per square meter. "Tamansari Skyhive Apartment will offer four main advantages for its residents, namely Get Connected, Quality Living, Skypoint, and Smart Living." Said Yudhian Hartawan.

With its location in the middle of Jakarta's Newest Hub, Tamansari Skyhive Apartment is connected with various modes of transportation both private and public that can connect residents to the center of Jakarta and other cities around Jakarta, including access to Toll Roads inside and outside the city Jakarta, Trans Jakarta, Line Train Commuter, Halim Perdanakusuma Airport, to LRT and Jakarta-Bandung Fast Train which are currently under construction. "Not only access to various modes of transportation, Tamansari Skyhive Apartment is also located in the center of the Cawang CBD business which consists of several state-owned, governmental, and private offices. This makes Tamansari Skyhive Apartment has a high investment potential and the only high-end apartment but at a middle-up price in the Cawang CBD area, "Yudhian Hartawan said.

As an exclusive residence, Tamansari Skyhive Apartment will present various facilities to support the quality of life of each occupant, including Executive Lounge, Coffee Shop, Playground Children, Minimarket, Outdoor Gym and Jogging Forest. Other excellent facilities that will be presented at this residence are exclusive private facilities located on the rooftop, such as swimming pools, indoor gyms, yoga decks, tranquille gardens and barbecue areas, and restaurants that can be accessed with a private lift. Smart living facilities are also presented in every apartment unit such as ready to drink water, kitchen set, electric stove, rental management system, internet ready, water heater, smart home and cable TV.

With a variety of advantages presented, Tamansari Skyhive Apartment is believed to be a new vertical residential icon that provides various investment benefits in strategic locations. Agung Salladin added, "WIKA Realty is currently focusing on developing new products with high accessibility that adopt the TOD concept and will certainly increase the value of property investment developed. With this advantage, we hope that consumers can be more enthusiastic in choosing our Tamansari property as a residential or investment. "

In addition to Tamansari Skyhive Apartment, in 2019 this WIKA Realty has prepared a plan to develop new projects around Jakarta with locations that are also of high accessibility and strategic, including the development of Township in Cakung, mixed use building in MT Haryono and Bendungan Hilir, apartments in Permata Hijau and Dewi Sartika, as well as TOD concept properties in Senen, Kelapa Gading, and Pulomas. In the development of these projects, in 2019 WIKA Realty has budgeted capital expenditure of Rp 5.4 trillion.

Besides that, in an effort to increase recurring revenue WIKA Realty consistently adds its investment property portfolio as recently done, namely the acquisition of strata title units in the form of malls in Ciledug and strata title units that will be developed as hotels in the Sudirman area, Jakarta.