Residential Occupancy level as of 3rdQ 2010 72.79% Q on Q changes 1.31%

Demand for lease apartment continues to growth with the absorption of 118 unit apartment both in primary and secondary areas. These numbers comprise of 58 units in CBD and 60 units in secondary areas.

With stable demand, average occupancy level increased by 1.31% to 72.79%. Occupancy level in CBD locations reach 76.60%, an increased of 0.96% in comparison to past quarter. In secondary areas, occupancy level improved by 0.78% to 74.31%. 

Residential Overall absorption rates as of 3rdQ 2010 76.94% Q on Q changes 0.08%

The absorption rate of condominium units continues to growth supported by lower interest rate and the launch of new projects. We recorded that a total of 2,121 units sold, comprise of 358 units from existing projects and 1,763 from under constructions projects.

The overall absorption rates of condominium remained stable at 76.94%, due to bulk new launched of pre construction projects. Absorption rate of existing condominiums increased slightly by 0.60% to an average of 95.48%. Under construction projects recorded at 53.87%, down by 0.91% over previous quarter due to new supplies of pre constructions during the quarter.  

Commercial Occupancy Rate as of 3rdQ 2010 87.74% Q on Q changes 37 bps

Under better macro economic condition and the increasing of people purchasing power, demand for retail spaces continues to growth. Leasing transactions were noted mostly at new retail spaces. A total of 33,600 sqm of retail spaces were taken up during this quarter, an increased of 139.1% in comparison to previous quarter. Total leased space as of second quarter of 2010 increased to 3.12 million square meters.

The changing lifestyle in big cities lead more people coming and spending time more in retail spaces causing retailers to expand business more actively. Food and beverage, hypermarkets are among the most active retailers. We noted that Lotte Mart launched new outlet in Gandaria Main Street during the quarter after they acquired Makro Hypermart.

Average occupancy level of retail centers increased by 50 bps to 88.61%. Occupancy level of retail center in CBD area recorded an increase by 61 bps to 87.35%. While occupancy level of retail centers in secondary locations slightly down by 70 bps to 93.13% due to new supply during the quarter.

Residential Occupancy level as of 3rdQ 2010 72.79% Q on Q changes 1.31%

Residential Overall absorption rates as of 3rdQ 2010 76.94% Q on Q changes 0.08%

Commercial Occupancy Rate as of 3rdQ 2010 87.74% Q on Q changes 37 bps

Pulomas Greenland Concept

Pulomas Greenland is a mixed use complex development project in Pulomas nestled in the prime location of east of Jakarta. It provides a healthy living alternative for those who chase for natural balanced life and sport activities with lifestyle educating entertainment in an open concept of a 34 hectare land area in Jakarta.

Historically well known as horse race community area, Pulomas Greenland continued to preserve the iconic image of horse in the Pulomas Greenland. The national and international event of Equestrian, Derby, Olympic will enliven the horse race activities.

Pulomas X'Venture Mall will soon operate in the first quarter of 2012, and the year following will be hotel facility and apartments. With a view of 34 hectare land, surrounded by race horse activities and golf court as a backyard will make X’Venture a distinctiveness family mall.  

For further information on this entertaining facilities of Pulomas Greenland, please contact Dini Priadi, vice president of Marketing Communications and Franchise Coldwell Banker Commercial at +6221 255 39 388 or mobile ar +62 81188 1165 or email at dpriadi@coldwellbanker.co.id

X' Venture Mall

Pulomas X’Venture Mall is a distinctive family mall with a view of 34 hectare land, surrounded by race horse activities and golf court as a backyard. 

It is strategically targeted to middle and high end market, as well as expatriates and horse lovers. The mall itself has a jungle concept mall preserve the green building concept initiatives ensuring compliance toward environmentally sustainability.

A healthy unique Pulomas X’Venture is the biggest area for open air and complete activities for family such as jogging, 9 holes golf court, horse racing view, segway ride, tree house, trampoline, bumper boats, flying fox, park with labyrinth tunnel, and the most advanced technology – knowledge education from Europe will be available soon – the Augmented Reality – the first and only in Asia.

For further information on this entertaining facilities of Pulomas Greenland, please contact Dini Priadi, vice president of Marketing Communications and Franchise Coldwell Banker Commercial at +6221 255 39 388 or mobile ar +62 81188 1165 or email at dpriadi@coldwellbanker.co.id

Pulomas Greenland Horse Tour

Pulomas Greenland Horse Tour Program for Kids is now available at Pulomas, in scenery of 34 hectare of land in the East of Jakarta.

Loving animal has to be from early childhood, and horse can be your best friend to experience a memorable horse riding for your children with their classmates, friends and extended family. Here at Pulomas Greenland you will find exciting horse tour with fun and entertainment, or learning horse history and its characteristic, watch movie and many more.

Pulomas Greenland is also offer a program which can be tailored to suit the interests of a specific group.   

If you have a group of classmate, club, friends who would enjoy a horse program adventure with scenery of an open 24 hectare land in Jakarta? Please contact Mr. Riadi at 0857 8111 28 279 for your tour arrangement.

Soon there will be an exciting X’Venture family mall with ‘a jungle concept’ opening in the first quarter of 2012. For further information about Pulomas Greenland and X'Venture Mall please contact Dini Priadi, vice president marketing communications and franchise at +62811881165 or email at dpriadi@coldwellbanker.co.id