Thursday, 28 May 2020 | 22:51 WIB

Sinar Mas Land Set to Complete the Construction of Elegance Tower Project

Sinar Mas Land Set to Complete the Construction of Elegance Tower Project (sinarmasland)

JAKARTA, NETRALNEWS.COM - Sinar Mas Land is set to complete the construction of the Elegance Tower project. The residential project is located in the Southgate Residence area, one of the company's commercial projects in South Jakarta.

At present, the project has entered the final stage of development--marked by the roof topping ceremony that was held on Sunday (11/24/2019). The company also affirmed its commitment to conduct handover of units on time as scheduled.

To note, Southgate's mixed used area has an area of ​​5.4 hectares, including parks, roads, and canals with a design area of ​​4.1 hectares. Meanwhile, Elegance Tower is the first tower in the development of Southgate Residence.

The Elegance Tower comprises of 300 units, and currently around 65 percent have been sold. The units are divided into several types, ranging from one bedroom apartment with an area of ​​49 and 51 square meters, one bedroom + study with an area of ​​72 square meters, two bedroom apartment with an area of ​​103 square meters, and two bedroom + maid room covering an area of ​​101 square meters.

The remaining units available at Elegance Tower are offered starting at IDR1.7 billion, including tax. There are a number of sales promos offered at the topping off event, including 2.5-percent interest subsidies, precious metals, and travel vouchers.

"The [project] development phases, which is now at the topping off phase, are currently carried out on schedule and on time. This commitment is one of the values ​​we hold, in addition to the use of high quality residential construction materials and apartment building construction," said Hongky J Nantung, CEO of Commercial at Sinar Mas Land, on Monday (11/25/2019).

Elegance Tower at Southgate Residence offers 25 supporting facilities, including sports facilities such as outdoor gym, indoor gym, sauna lounge, tennis & basketball court, reflexology garden, yoga sanctuary, and amphitheater, among others.

There are also children playground facilities, mini golf, and wall climbing features that can be enjoyed by children. In addition, Southgate Residence is also equipped with a swimming pool consisting of kids pool, fun pool, sun deck, and semi-olympic pool.

Not only that, the 60-percent green open space in Southgate Residence will certainly be one of the added values ​​for its residents.

The green open space is in the form of a jogging track with a distance of ± 1 kilometer, as well as several thematic parks that support the comfort of outdoor activities such as terrace garden, forest garden, and outdoor seating area.

Elegance Tower at Southgate Residence is located on Jalan TB Simatupang, which is currently developing into a CBD lane in the South Jakarta area, with direct access to the Jakarta Outer Ring Road (JORR) toll road. The Southgate Residence is also located directly opposite the Tanjung Barat Station that serves the commuter line trains.

"Aside from being located in a strategic location, the residence is also near the Commuter Line electric train transportation facilities, as well as the Tanjung Barat Station Transit Oriented Development (TOD) project which is currently under construction," Hongky said.

The development of Southgate Residence was made with the concept of mixed-use development so that two luxury apartment towers, and one condominium tower will be integrated with an office tower and AEON Mall lifestyle center which is planned to start operating in 2020.

Since March 2019, Sinar Mas Land has also begun marketing the second tower of Southgate Residence, namely Prime Tower. In this tower, there are a number of apartment types, including unit E type with an area of ​​68 sqm equipped with 1 bedroom + study room, units C, F and G with an area of ​​92, 95 and 96 sqm equipped with 2 bedrooms.

Furthermore, there are units B and D with an area of ​​122 sqm are equipped with 2 bedrooms, service area and private elevator, and unit A with an area of ​​161 sqm is equipped with 3 bedrooms, service area and private elevator. Prices start from IDR 2.5 billion, including tax.