Jakarta - Keppel Land Limited (Keppel Land) and PT Metropolitan Land Tbk. (Metland) announced the launch of the first phase of the Wisteria housing estate, in Cakung, East Jakarta. This housing estate has 381 housing units with 141 units to be available for sale.
This project is strategically located on a seven-hectare plot of land close to various commercial facilities such as AEON Cakung, IKEA, as well as well-known schools and hospitals.
"The launch of Wisteria is in line with the government's focus on improving infrastructure and connectivity in East Jakarta, such as the construction of elevated toll roads and MRT lines. Through high quality standards, we are optimistic that Wisteria will receive high demand from both prospective residents and investors. continue to enhance our alliance with Metland to expand our presence in Indonesia," said Keppel Land Indonesia President, Goh York Lin, in a statement.
Furthermore, Director of PT Metropolitan Land Tbk, Nitik Hening said that the project will be a quality housing with a unique concept and much in demand by consumers.
"This project will be a quality housing with a unique concept and premium construction. This was made possible thanks to our more than two decades of experience as a leading real estate leader in Indonesia. The expertise of our partner, Keppel Land, the leading housing developer in Asia. Following a successful collaboration our premiere, The Riviera at Puri in Tangerang, Jabodetabek. We believe we can achieve the same results on this project. Going forward we will continue to leverage our strong and synergistic partnership with Keppel Land to advance our position in Indonesia's real estate sector." added Nitik.
Later, there will be three types of houses with prices starting at Rp. 1.5 billion. This residence is ideal for young couples and families looking for their first home, as well as those who already own a home, but want to upgrade to a better home with a more strategic location.