Property Marketing and Sales Review
Commitment to deliver new 2020 projects
Cendana Homes
-
QOLIPPO
PT LIPPO KARAWACI TOK
started construction in 3Q20. As of Sep21 39% of total units have been handed over
Launched
2020
Target
completion
2Q21
Estimated
Total
residential
units
construction
324
$2 mn
costs to
completion
Total GFA
20,860 sqm
Cendana View Sep 21
Cendana Place Sep 21
% Sold as
per 30 Sep
2021
100%
Waterfront Estates - started construction in 2020
Riverside cluster Sep 20
Launched
2020
Target
completion
2Q/4Q21*
Estimated
Total
residential
units
construction
900
$8 mn
costs to
completion
% Sold as
Total GFA
52,411 sqm
Riverside cluster Jun 21
per 30 Sep
2021
99%
*Construction for Riverside cluster in Waterfront was completed in Apr21 and handovers commenced thereafter. As of 30Sep21, about 236/164 units of
Riverside/Silvercreek cluster have been handed over. Travertine cluster is expected to be completed by 4Q21.
Note: USD/IDR exchange rate for construction cost to completion in 9M21 refers to the average rate between 30Jun21 to 30Sep21 at Rp14,429
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