Jakarta, September 23, 2020 - PT Mitra Sindo Sukses, a subsidiary of PT Modernland Realty Tbk., held a groundbreaking ceremony to mark the start of the construction of Cleon Park Apartment, the first apartment project built in the Jakarta Garden City township area, Wednesday, September 23, 2020.

Considering the ongoing Corona (COVID-19) pandemic and the re-implementation of the Large-Scale Social Restrictions (PSBB) policy in Jakarta, the groundbreaking ceremony was carried out while still observing health protocols and social distancing, attended by limited invitees from the Board of Directors and Management of PT Modernland Realty Tbk. and PT Mitra Sindo Sukses. Instead, the event was broadcast via virtual tapping online via the official PT Modernland Realty Tbk. Social Media, namely on Youtube, Facebook, Instagram, Twitter, and Linkedin. Buyers and prospective buyers can watch via their respective devices.

"The COVID-19 pandemic has not deterred us from carrying out our commitment to immediately build Cleon Park Apartment so that we can meet the handover target in 2023. We will maintain the buyer's trust as best we can. Especially in times of less than ideal conditions like now, people will certainly prefer trusted developers," said Helen Hamzah, Director of Marketing Urban Development PT Modernland Realty Tbk.

Helen Hamzah further said that the high level of public trust has made Cleon Park Apartment sales very good. Cleon Park Apartment, which consists of 310 units, has sold 80%. Cleon Park Apartment is marketed at prices ranging from IDR 500 million to IDR 1.4 billion with the smallest unit size of 32 m2 (SemiGross) and the largest 73 m2 (SemiGross).

In addition to trust, the many advantages it has make people so enthusiastic about Cleon Park Apartment. What are they? Cleon Park is located on the main boulevard of Jakarta Garden City where residents can reach various facilities in Jakarta Garden City just by walking. Cleon Park Apartment is located in a 1.7 hectare mixed-use area, which will include the Cleon Park shop house and 2 tower apartments.

Supported by Good Infrastructure & Accessibility
The main advantage of the Cleon Park apartment is that it is located in the Jakarta Garden City area, which has been developing very rapidly and will continue to develop in the future. 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 have existed 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 main destinations such as Soekarno-Hatta Airport, Halim Perdanakusumah Airport, Tanjung Priok Port, Semanggi, Monas, Kelapa Gading, and Bekasi.

"Accessibility is important for a property project. Ease of accessibility will make residents feel comfortable because it is easier to travel anywhere for various life activities. Property projects will be successful if they have good accessibility," said Helen Hamzah.

Currently, there are quite a lot of infrastructures being built and the location is 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.

Land Value in Jakarta Garden City Continues to Increase

Helen Hamzah said buyers will benefit from investing in property in Jakarta Garden City. Developed by a well-known developer with a good reputation, Jakarta Garden City is a 370-hectare city-scale housing (township) which will contain residential, commercial, office, and mixed-use.

The green area reaches 30%. It has a large lake of 15 hectares complete with a 7-hectare lake-side garden so that the environment of Jakarta Garden City is green and beautiful with healthy air without pollution. That way, residents become healthy, both physically and mentally. "To avoid flooding in the sim hujan, in addition to having a 15-hectare lake that can accommodate up to 1 million cubic meters of water, a diversion to the East Flood Canal is currently being built, which is in the development progress," said Helen Hamzah.

Jakarta Garden City is projected to be inhabited by as many as 50 thousand families (KK). Until now, 3,132 houses have been built and have been occupied by 1,575 KK. The land value in Jakarta Garden City continues to increase. In 2010, the land value was IDR 4.5 million per m2, and in 2020 it had reached IDR 14.5 million per m2. "We ensure that the land value in Jakarta Garden City will continue to increase with an average increase per year of 5 to 7%," said Helen Hamzah.

Currently, Jakarta Garden City has various world-class facilities, ranging from education, sports, culinary, shopping centers, schools and others. Jakarta Garden City has transformed into a global city, an area that is the main investment destination for global investors such as AEON Mall, IKEA, Hongkong Land and Lotte E&C.

Living in a township area is certainly fun and tends to improve the quality of life because everything is available. No need to leave the area to meet various living needs. Jakarta Garden City offers an ideal housing solution for you and your family.

"Amidst land prices that continue to increase consistently, even now in the Jakarta Garden City development location there is a middle upper landed housing project that is being developed with a lake house concept worth up to IDR 65 billion. We provide affordable housing in the form of vertical housing, namely Cleon Park. Jakarta Garden City has started developing apartments because the market is open and the supporting facilities are ready. With affordable prices, being able to live in the Capital City and the largest city in Indonesia, Jakarta, is certainly a source of pride," said Helen Hamzah.

Helen Hamzah added, "We will build an apartment that has many advantages such as a larger size compared to the type of apartment currently being marketed by other developers. Of course it will provide comfort for its residents."

Cleon Park Apartment has two towers, North and South. The apartment starts from the 7th floor, because from the basement to the sixth floor it becomes a parking area with a ratio of 1:2. On the 7th floor of the apartment, there will be an infinity pool, gym, and sky garden facilities. There are also 6 apartment units on the seventh floor that have additional facilities in the form of a private garden. Helen Hamzah said that the area of ??the Cleon Park Apartment unit is designed to be more 'humane'. For example, the studio type starts from a size of 32 m2. Each floor is filled with 16 to 17 units.

Semi Furnished Promo

Currently, PT Mitra Sindo Sukses is making a promo, namely semi-furnished facilities for each type of unit marketed. "To support a practical and efficient lifestyle, we have provided complete facilities for prospective residents, starting from a kitchen set, stove, water heater, washing machine and dryer, and refrigerator. We even equip each unit with AC," explained Helen Hamzah, adding that each bedroom is equipped with a wardrobe and a bathroom table and mirror are also available in the bathroom.

The design concept carried is modern minimalist adjusted to the upper middle class market segment. There is easy payment with the Apartment Ownership Credit (KPA) system, namely 20 percent DP in 4 installments. Another option is cash in 36 installments which are divided equally after the 20% DP payment and after paying the booking fee of IDR 10 million. In order to make it easier for people to own their dream property, Jakarta Garden City has partnered with a number of other leading banks in Indonesia such as CIMB Niaga, Maybank, Mandiri, Permata Bank, UOB and Danamon which offer low KPR/KPA interest rates.

"We thank consumers who have purchased and lived as part of Jakarta Garden City. Also to the property agents who have helped with marketing in Jakarta Garden City," concluded Helen Hamzah.