SETIABUDI RESIDENCE

Located in Setiabudi near Rasuna Said Road, the apartment is in the proximity of The CBD and accessible through Sudirman, Kuningan and Gatot Subroto. The apartment is constructed in an approximately 0.2ha land which is a part of + 1.5ha mix-development by PT JSI(Jakarta Setiabudi International)that consists of Setiabudi 1 & 2 retail and office complex, Setiabudi Complex (offices), Town Houses and upcoming Setiabudi Office Tower just in front of the apartment complex.

The approx. 38,000sqm building is divided into two towers, one tower for private lifts and a higher segmented market whilst the other tower is for common lifts apartments. Out of the total 300 units offered the apartments are 90% sold out (in which all 144 2BR units are sold) and allegedly all of the sold units are occupied.

The common Lift Tower consists of typical units with 2BR (Bed Rooms) units gross sized at 82, 83, 85 and 99 sqm, which is currently sold out, was priced at a range of Rp 11.5 million - Rp 13 million per sqm accordingly to the unit's size and floor and the 3BR units in this tower is gross sized at 141 sqm and priced at a range Rp 13 milion to 14.5 million accordingly to each unit's floor location.
Whereas the private lift tower units are gross sized at 142sqm and 147sqm is priced at a range of Rp 13.5 million to Rp16 million per sqm again accordingly to the unit's sizes and floor location.

The reason that this apartment project is doing really well is due to its Strategic Location, which is smack dab in the midst of its "Yuppies" target segment. The Reputation of JSI as a Developer being well known especially in the CBD counts as another factor plus
having a head start in apartments project that caters to this segment within the area other than the Taman Rasuna project certainly didn't hurt at all.