CitraLand - Ciputra Development
CitraLand - Ciputra Development
CitraLand - Ciputra Development
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CTRS Projects<strong>Ciputra</strong> WorldSurabayaCTRS is undertaking a super block development on an area of7.7 ha located in West Surabaya. The development willcomprise of shopping mall, apartment, office building and hotel,with total building area of more than 300,000 sqm.For the first stage, CTRS will develop the shopping mall and 2towers of apartment. The construction started in July 2007.Up to July 2011, 380 units apartment (96%) have been sold.First Phase InformationTotal investment cost : IDR 1 trillionShopping mallGross/ Net : 89,000 sqm/ 55,000 sqmExp. rental rate : IDR 120,000/ sqm / monthStart operation : 22 July 2011Apartment (2 towers)Total unit : 397 units (60-170 sqm)Selling price : IDR 13 mio/sqmCompletion : 2H 2011PT <strong>Ciputra</strong> <strong>Development</strong> Tbk - Business Presentation 29
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