Wednesday, March 26, 2008

Senayan Residence

Occupying a land area of 1.8 ha the Senayan Residence is an upper-class residential apartment that consists of 3 towers each with buildings area of + 35,000 sq m and developed by Agung Sedayu Group. The first two towers are + 97% sold out of 130 units for each tower although occupancy is only about 90% of the sold units. Currently the third tower was launched in February 2007 and scheduled to finish building by July 2007 and Handover by August 2007. The third tower consists of roughly 146 units consisting of 10 units of 1 bedroom unit, 20 units of 2 bedrooms unit, 3 units of penthouse and 113 units of 3 bedrooms unit. Currently the sales for this tower is quite encouraging, the 1 & 2 br units are sold out and out of 113 units of the 3 br units 50% are sold.
Tower 3, the cash price/sqm for 1 bedroom unit with a gross area of 98sqm is from Rp 10.6 million/sqm and escalates by + 0.7% per floor up to the 11th floor, for 2 br units with a gross area of 120sqm is Rp 11.2 million/sq m that escalates by + 0.66% per floor up to 11th floor, for 3 bedrooms the size of 184sqm is Rp 11.8 million and escalates by + 0.8% per floor, The Penthouse price is between Rp 12.1 million/sqm for a typical size of 660 sqm to Rp 13.3 million/sq m with size at 714sqm.
Tower 1 has two 3 bedrooms units left as well as one penthouse unit available, the 3 br is priced cash at Rp 2.3 Billion for a gross area of 195sqm and Rp 2.14 billion for a gross area of 184sqm and the 392sqm 5 bedrooms penthouse is priced at Rp 5.075 billion cash.
Tower 2 has two 4 bedrooms units with sizes of 325sqm and three penthouses available; the 4-br units are priced at Rp 3.9 billion and 4.4 billion cash. The three penthouses consist of two typical sized units of 622sqm priced at Rp 7.8 billion and one large unit sized at 836sqm priced Rp. 11.09 billion.

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