Friday, 04 December 2020 | 02:34 WIB

Sinar Mas Land Obtains Revenues of IDR1.5 Trillion from March to June

Sinar Mas Land Obtains Revenues of IDR1.5 Trillion from March to June (special)

JAKARTA, NETRALNEWS.COM - Sinar Mas Land has obtained total revenues of around IDR1.5 trillion in the period of March 22 to June 30, 2020. This was achieved amid difficult economic conditions due to the Covid-19 coronavirus pandemic.

The revenues were derived from sales of Invensihaus R in BSD City, which sold out at the end of June, and O2 Essential Home at Grand Wisata Bekasi, which sold 90%.

Equally important, a number of projects included in the first period of the Move in Quickly promotion program succeeded in contributing IDR653 billion in revenue.

During the first period of the Move in Quickly program which ended on 30 June, three Sinar Mas Land projects located in BSD City, namely Jadeite, Golden Vienna, and BSD Autoparts, were sold out.

Jadeite is a cluster with a private residence concept. Golden Vienna is a shop house project, and BSD Autoparts is an automotive repair and maintenance center. At Kota Wisata Cibubur, the Nebraska residences are also sold entirely. In that period, consumers get a payment reduction of 15% for ready stock houses through KPR Express.

When paying cash on this product, consumers get a 20% discount. For the purchase of under construction units through housing loan, consumers can repay 15% down payment (DP) 12 times and add 15% discount from the value of the credit agreement.

Alim Gunadi, Managing Director of Strategic Business & Services at Sinar Mas Land, said that this shows that consumers are very enthusiastic about the concept of housing and promotional programs provided by the company.

"Our residential property projects have been designed to suit the needs and conditions of the people in the midst of a pandemic, especially among executive or professional millennials, such as Invensihaus R in BSD City and O2 Essential Home in Grand Wisata Bekasi. Likewise, the market is interested in the Move in Quickly first period promotion program because they see a variety of facilities and opportunities to own residential and commercial property," Alim said in a press release on Tuesday (07/07/2020).

According to him, the company will continue to make quality property projects at affordable prices through various payment facilities.

One of the payment methods that is currently underway is the second period of the Move in Quickly program from July 1 to September 30, 2020. At this stage, consumers who buy ready stock units with KPR Express will get a 10% payment relief.

When buying with cash payment, consumers can enjoy a discount of 15%. For consumers who buy an under construction unit using housing loan, they are allowed to pay 10% down payment (DP) by nine times plus a 10% discount from the value of the credit agreement.

Sinar Mas Land also heard the input from various consumers in the first period of Move in Quickly program to sell the ready to build plots. To meet the expectations of the interested community, Alim said that starting from the second period there was a cash payment relief or KPR Express up to 25%, specifically for the lot products.

The payment relief is also supplemented by benefits in the form of free one-time transfer fees and free BPHTB fees if the buyer makes the purchase within a maximum of 1 year after the handover of the lots. For land ownership loans (KPT) with a DP of 20% and installments 12 times, consumers can get a 15% discount.

For consumers who choose KPT Express with a DP of 20%, Sinar Mas Land prepares a subsidy of that same amount, which is 20%. The maximum price for the KPT Express DP subsidy program is IDR2.5 billion.

The additional program on the lots, continued Alim, the company will continue in the third period of Move in Quickly starting from October 1 to December 31, 2020. Only, the amount of discounts and DP subsidies is smaller. In the third period, the reduction in cash payments or KPR Express becomes 20%. For KPT with DP of 20% and installments 12 times, consumers get lots at a discount of 10%.

For consumers who choose KPT Express with a DP of 20%, Sinar Mas Land has prepared a DP subsidy of 15%. The lots offered for the additional promotions are in BSD City, Kota Wisata Cibubur, Legenda Wisata Cibubur, Permata Buana Park, Banjar Wijaya Park Tangerang, Grand City Balikpapan, Kota Wisata Bukit Mas Surabaya, and Nuvasa Bay Batam.

With these additional facilities, Alim hopes that people who have missed the first move in Quickly period but want to own property can take advantage of the second promo. Moreover, property prices are now more affordable because of the many promo offers as a strategy to face a pandemic.

Consumers can choose a variety of products owned by Sinar Mas Land in the Move in Quickly program, ranging from homes, shop houses, kiosks, to apartments. The area includes Jakarta (The Elements, Southgate and Aerium), Tangerang (BSD City and Taman Banjar Wijaya), Cibubur (Kota Wisata, Legenda Wisata), Batam (The Nove at Nuvasa Bay), Balikpapan (Grand City), and Surabaya ( Wisata Bukit Mas and Klaska Apartments).

To make it easier for consumers to apply for housing loan, Sinar Mas Land also cooperates with a number of banks in the program, such as BNI, Mandiri, Mandiri Syariah, CIMB Niaga, BTN, UOB, CCB Indonesia, and Bank Permata.

For more information, consumers can look at or contact us at 021 53159000.