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December 2009, Operation Starting Kondotel Aston Bogor |
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Animo developers to build property projects in the vicinity of Bogor
Toll Ring Road (BORR) which will operate in June later becoming red hot.
Not only housing developer, the developer of a condo hotel (kondotel)
also did not want to miss.
One of PT Graha Andrasentra Propertindo. Now, they are completing the construction of kondotel Aston Bogor Nirwana Residence in Bogor . Kondotel it stands on an area of three hectares.
"Currently the development has reached 40 percent," said Chief Marketing Officer of PT Graha Andrasentra Propertindo, Jo Eddy Raspati, Sunday (17 / 5).
Aston Bogor Jo believes it can operate in December 2009. Because, now Andrasentra Graha building the last block and had entered the construction of the foundation. "The total number there were four blocks and was equivalent to 224 units," said Jo.
Later, not all blocks are sold. Of the 224 units, only 184 units will be marketed. Whereas the remaining 40 units will be managed by PT Bakrieland Development Tbk, the residential parent. Later, Bakrieland will lease the entire kondotel it as a resort hotel complete with 18 holes of golf facilities.
Been quite successful property projects attract buyers. The proof, of about 184 units kondotel offered, sold in half, or about 92 units. In fact, the price of which has one bedroom kondotel just reached USD 555 million, while the price of which has two rooms kondotel reach USD 900 million.
However, Head of Research Jones Lang LaSalle Anton Sitorus suggested that potential investors look past the rental market these hotels around kondotel. Kondotel rental market absorption it would be nice if the hotel market in the surrounding areas are also good. "However, kondotel market itself is still not too big," he said.
In addition, investors also should consider price reasonableness kondotel these units. "The way compare with the price of similar projects, because there could be marked up prices to finance the return guarantee is given," he said.
The developers are used to provide assurance kondotel returns for buyers
Info Other Hotels in Bogor:
- Aston Bogor
- Santika Hotel Bogor
- Mirah Hotel Bogor
- Novotel Coralia Bogor
- Hotel Salak The Heritage
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Last Updated ( Saturday, 12 November 2011 )
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