Jakarta, October 15, 2020 – As a city-scale housing (township), Jakarta Garden City covering an area of ??370 hectares, developed by PT Mitra Sindo Sukses, a subsidiary of PT Modernland Realty Tbk. in East Jakarta, not only contains residential properties, but also commercial properties. It is no wonder that commercial properties will continue to be developed in Jakarta Garden City.

In early March 2020 (15/03/2020), the commercial project in the form of the Cleon Park shop house has begun to be handed over to consumers. Meanwhile, the Lifestyle Center commercial property called New East is currently continuing to accelerate its construction amidst the Covid-19 pandemic.

“The construction of the New East Lifestyle Center continues to be carried out amidst the Covid-19 pandemic and has now reached the finishing stage. Of course, while still paying attention to health protocols to prevent Covid-19. We do this to always maintain the commitment and trust that has been given by consumers and buyers. We will continue to strive to be able to hand over the Lifestyle Center New East units to the buyers on time," said Helen Hamzah, Director of Marketing Urban Development of PT Modernland Realty Tbk.

Helen Hamzah further said that the development of New East which carries the tagline "New Heart Of The City" is in line with the plan to make Jakarta Garden City a new lifestyle center in East Jakarta. For that, lifestyle center facilities continue to be added. Also to support the addition of commercial facilities in Jakarta Garden City.

"After AEON Mall operates and IKEA is planned to operate soon, the addition of new commercial facilities is currently one of the development priorities in the Jakarta Garden City area. Currently, the ratio of the number of residences to commercial space is still very realistic to increase. That is the reason why we continue to market commercial property products," said Helen Hamzah.

New East will consist of 60 luxurious shophouse units and 13 retails. The shophouse in the form of a three-story building with a width of six, eight, and 10 meters is priced starting from IDR 4.5 to IDR 11 billion. Retail will not be sold but rented. Consumers can buy by paying in cash, cash installments 6-36 times, and mortgage with DP 20-30% in installments 6-28 times. Booking fee is only IDR 50 million/unit. Until now, New East has successfully sold 65%.

Helen Hamzah said that the public is very interested in New East's commercial products because they have many advantages and the prospective Jakarta Garden City area in the future. Investing in the form of commercial products in Jakarta Garden City will provide significant benefits in the future. The advantages of New East include its strategic location, because it is located in the main boulevard area, only 300 meters from AEON Mall and is in an area of ??4.5 hectares.

"What needs to be noted is that the growth of property prices in Jakarta Garden City will continue to increase along with the addition of various residential products and new facilities in the area. Therefore, now is the right time to invest in Jakarta Garden City because the price is still very reasonable and prospective. This price will certainly not be available again if all the new facilities have been built in Jakarta Garden City," explained Helen Hamzah.

Supported by Good Infrastructure & Accessibility

Jakarta Garden City will be a new lifestyle destination for urban people in Jakarta. Moreover, access to Jakarta Garden City is getting easier. Jakarta Garden City is very strategically located and supported by good infrastructure & accessibility. It has direct access to the Jakarta Outer Ring Road (JORR) toll road via the Cakung Timur toll exit. Not far from Jakarta Garden City, there is the Cakung Commuter Line Station (radius less than 7 km, ± 10 minutes).

The many infrastructures that already exist and are being built will certainly be very beneficial for the development of Jakarta Garden City in the future. Adequate infrastructure makes the accessibility of Jakarta Garden City very good because it will be very easy and fast to reach various destinations.

Currently, there are quite a lot of infrastructures that are being built and their locations are not far from Jakarta Garden City. Among others, 6 sections of the Jakarta Inner City Toll Road with a length of 69.7 km stretching from Semanan to Casablanca, where the toll road will be integrated with various other public transportation modes such as the Jakarta Mass Rapid Transit (MRT).

Then the Bekasi-Cawang-Kampung Melayu (Becakkayu) toll road with a length of 16 km, JORR 2 with a length of 111 km from Soekarno Hatta Airport to the Cilincing area in East Jakarta. Then the light rail or Jabodebek LRT and the Jakarta-Bandung fast train.

Jakarta Garden City is located not far from LRT Gading Nias Station (8 km, ± 15 minutes), LRT Pulo Mas Station (9 km, ± 15 minutes), Cakung Barat MRT Station Plan, Pulo Gebang MRT Station Plan, and Ujung Menteng MRT Station Plan.

Fulfilling Urban Lifestyle Tastes

Helen Hamzah said, carrying the concept of a vibrant social center, New East will be surrounded by beautiful landscaping with a total of 35 percent of the area being green areas. Free wi-fi hotspots, live music, culinary places serving various delicious foods and drinks, and a number of supporting facilities to add to the attraction for visitors in this area make New East very ideal as a meeting point.

The combination of New East's modern architecture is also attractive and artistic so that it looks very beautiful and instagrammable. There is a green landscape, ready to provide attractive options for consumers to open a business and invest in Jakarta Garden City. "We designed this place with a comfortable, shady ambiance, and fulfill the tastes of urban lifestyles," said Helen Hamzah.

The design and design of New East, said Helen Hamzah, is different from the shophouses that have ever existed. In the middle of the area there is a wide corridor that functions as a garden, water feature, walking space. In addition, there are three event spaces in the form of small, medium, and large stages that can be used for entertainment and other events.

"Visitors will get a different experience, the place is comfortable, there is F&B serving delicious dishes, and there are spots for selfies that can be uploaded on Instagram," said Helen Hamzah, adding that in several blocks of her shophouses have two faces and to make it easier for visitors to come, parking is provided on street and in the basement.

PT Modernland Realty Tbk. has one of the Marketing Channels called Billionaire Club, which has been marketing Jakarta Garden City products since July 2019. In this case, Billionaire Club itself has played a role in supporting members in marketing all property products developed by PT Modernland Realty Tbk.

Those who are members of the Billionaire Club, namely Property Agents, the general public who are interested and want to sell, can jointly market PT Modernland Realty Tbk's property products. In addition to commissions, there are very promising benefits for each Billionaire Club member who succeeds in making sales and achieving their targets.

"We will always maintain our commitment to submit commissions and sales benefits for property products marketed by PT Modernland Realty Tbk. to Billionaire Club members on time as we have promised,” said Christine Natadipraja, President of Billionaire Club.

“Anyone can join as a member of Billionaire Club, as long as they are willing and have the intention to sell without being tied down, then Billionaire Club is the right place to join, and we will fully assist them so that they succeed in achieving sales. If a sale occurs, Billionaire Club members will get a reward of up to IDR 25 million per unit, and will also get a commission of up to 3.25% and all of this can be done anytime and anywhere, very interesting, isn’t it?,” said Christine Natadipraja.