Summarecon Optimistic About Apartment Market's Continuous Growth | KF Map – Digital Map for Property and Infrastructure in Indonesia
Summarecon Optimistic About Apartment Market's Continuous Growth
Monday, 9 March 2020
PT Summarecon Agung Tbk reported that the take up of its apartment product is declining due to over-supply and buyers prefer to purchase landed houses. However, SMRA Apartment in Summarecon Bekasi experiences a price growth from Rp200 million per unit when it was first launched to become Rp400 million per unit today. Meanwhile, the average occupancy rate is recorded approximately 50% to 60% ranges.
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