Jakarta, August 3rd 2016 – Jakarta Eastern corridor is one of the most prospective area in terms of infrastructure development. Some developments which are alreadyin progress and upcoming in the future arespeed train Jakarta – Bandung with the Ground Breaking on January 2016, LRT line Cawang – East Bekasi which is currently under construction and also will be extended at the next phaseto Cikarang and Karawang, Patimbanfuture deepseaport, Kertajatifuture International Airport, and also the development plan of Automated People Mover that currently is in the stage of Feasibility Study, later it will connect the seven industrial estates at Eastern corridor. Orange County’s strategic locationwhich is in the middle of Jakarta and Bandung as well as right at the centre of seven industrial estates will strenghthen its position as the Hub of the Eastern corridor.
Since years ago, Lippo Group always welcome and inviteforeign investors, especially Japanese companies, to co-develop several key projects.Some projectswhich had already being built areAxia South Cikarang with Toyota Tsusho, EJIP (East Jakarta Industrial Park) with Sumitomo Corporation, and Data Centre at Cikarang with Mitsui which is currently under construction.
Recent collaboration of PT. Lippo CikarangTbk is with Mitsubishi Corporation, one of the top business entreprise in Japan which has various business lines including real estates and urban development. There will be a transfer knowledge and sharing best practice to develop two apartment towers at Orange County.
“This collaboration will provide added valuesto Orange County with some new ideas that Mitsubishi Corporation will bring and implement herefrom their long international experience” says Toto Bartholomeus, President Director of PT. Lippo CikarangTbk.
“Those added valueswill eventually help us to serve and create a better place for expatriate communitieslike Japan, Korea, Taiwan from allmultinational companies surrounding, whichare already exist and also moreover will come to Cikarang.”
“We believe, the joint venture with Mitsubishi Corporation is a special momentum for us considering its international reputation and experience inreal estate and urban developmentso far,” says Toto Bartholomeus.
“This Joint Venture is an appreciation to Indonesia’sconduciveinvestment climate and also a representative of our trust to the Lippo Group for its reputation as a major Developer in Indonesia. Mitsubishi Corporation will share ourknowledge and best practicethat we have in Japan to be implemented in Orange County,” says Takashi Ito, the President Director of PT. Diamond Realty Investment Indonesia, subsidiary of Mitsubishi Corporation.
Director/Chief Marketing Officer of PT. Lippo CikarangTbk, Stanley Ang added, these Joint Venture is embodied through the launch of Newport Park, the new tower of Orange County. Newport parkwill be the first apartment in Jakarta Eastern Corridor that has smart apartment features such as retina access security system, smart door lock system and smart lighting. Furthermore, both public facilities and unit facilities are created to adopt some characteristic of Japanese culturesuch as Ofuro-Japanese spa, Japanese garden, interior inspiration of Tatami room and Zen balcony.
The architecture is designed by Mitsubishi JishoSekkei, Incand interior public spacesby George Kunihiro – T Life, both haveglobal reputation on its field.
“Newport Park are available in unit types of 1 Bedroom, 2 Bedroom and 3 Bedroom with size range of 31sqm up to97 sqm,” said Stanley Ang.
“The Newport Park Priority pass is startedon July 20th 2016 and so far already reachmore than 32,6% priority pass and will continue to increase”
Director/Chief marketing officer PT. Lippo Cikarang Tbk, Stanley Ang explainedfurther that the apartment leasingmarket in Lippo Cikarang is very prospective, current proven ROI (return on investment)range between 16% up to 20% per annum.
“It meansNewport Park buyerscan enjoy a gret benefit from their investment, considering the captive leasing market of 2.500 multinational companies surrounding togetherwith thousand of expatriates here,” said Stanley Ang.
Newport Park is the 6th tower at Orange County. The previous five towers were sold out 100% at each of every launch, Irvine Suites, Westwood Suites, Pasadena Suites, and Glendale Park.Burbank Suites was sold to one Japanese company before launched, Sanko Soflan Holdings.
Orange County is a mega construction with 16.500.000 sqm area of development and around 82,3 ha of Lippo CBD Cikarang. The first phase of development of the CBD is 19,5 ha.
The 32-in-1 super complete facilities consists of Sky Park, Lippo Mall (390.000 m2), Luxurious Residential, Shopping Street, Lippo 61 Plaza, Lippo 5* Hotel (200 rooms), Serviced Apartment, Lippo Tower Office Building, Sky Lounge, Roof Top Bar, Zu Private Membership Club, Convention Center (7.000 audience), Dali Hotel (400 rooms), Fine Dining, Cinemaxx Theater (10 studio), X-zone, Wellness Center, Grand Chapel (3.000 m2), SOHO, Japanese Cultural Center, Korean Cultural Center, Senior Homes, Condotel, Green Belt Outdoor Recreation Area, Home Furnishing Center, Helicopter Service, Dormitory, SPH International, YPPH School, Pelita Harapan University, Japan College, dan Health City.
For More Information Please Contact:
Dea Thamrin
Corporate Secretary
PT Lippo Cikarang Tbk
021-8972484/021-8972488
Hong Kah Jin
Director
PT Lippo Cikarang Tbk
021-8972484/021-8972488
