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Marquis De Lafayette ~ Contractor To Emphasize On Safety!

Former Wall Collapsed Building, overwriting Cars and Tricycles!

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Collapsed: Wall as high as three meters long and four meters, in Pandansari Jl Raya, collapsed and hit the car and rickshaw. (Suaramerdeka.com/ Apit Yulianto)


13 September 2014 14:11 PM Category: News Central Java , Semarang Metro

Semarang, suaramerdeka.com - A wall of the buildings as high as three meters long and four meters, in Pandansari Jl Raya, Rt07 / Rw02, Ex Pandansari, Semarang district Central, Saturday (13/9) afternoon, collapsed and struck a car and a rickshaw to wrecked.

There were no fatalities in this incident, just Agus Nur Sobikhan (44) driver Avanza car plate number H-9317-EF, suffered minor injuries on the head and legs.

According to the car owner who is also a local resident, Basiroen, the incident occurred around 11:00 pm. When it himself, who with his brother and Agus home from treatment. Then when Agus parked car, suddenly the wall collapsed and hit his car.

"It happened very quickly, when my son was pulled in the wall suddenly collapsed, and hit the side of the driver and the front of the car to wrecked, while the rear of the car also hit a wall thickness of 20 cm that," he said.

Meanwhile, the owner of the rickshaw Imam Hambali (50) said, before the car came pedicab parked himself near the wall.

He then left the pedicab. But not long after, the sound is very loud. "When I turn around, uh rickshaw I've hit the wall the rest of the building to crumble not clear," he said.

Not known for sure the cause of the incident. Because in addition to the wall weathered with age, the former land of the building under construction for the apartment project.

According to the chairman of the local neighborhood, Norman Abdullah, long time residents have requested that the building walls broken down and replaced the cover zinc.

"But until this incident occurred, the project has not had time to replace it. But all of these losses will be replaced by the developer of the apartment, "he said.


Let this incident be a lesson learnt on Safety At Work!

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Still Prospects, hotel occupancy in the 70 percent of Semarang

Tuesday, September 16, 2014 10:59 pm

TRIBUNJATENG.COM, Semarang - Chairman of hotel and restaurant union Indonesia (PHRI) of Semarang, Dedy said Sumardi business movement in the city of Semarang leads to a two-star and three-star. This was evidenced by the appearance of many budget hotels last few years.

"Indeed, the influence of occupancy to hell (with the emergence of many hotels). Formerly can average 80 percent, now somewhat down in the range of 70 percent," he encountered on the way Brigjend Sudiarto, Tuesday (09/16/2014).

He said, it is still profitable hotel business entrepreneurs. If occupancy reaches 30 percent, the hotelier has experienced a break-even points. After 30 percent, there is profit.

He said, the number of two-star and three-star arise due to business needs. Many people to Semarang for business affairs. Such type of visitors are the type of people who are looking for money.

Dedy explained, types of businesses would rather effective. Because it is a five star hotel in the city of Semarang precisely the low occupancy. The opposite of a budget hotel.

He states, all of which are budget hotels around the city center of Semarang or strategic areas are always full. In fact, the trend of hotel occupants continue to rise, especially foreign tourists.

"In my place was that there were 100 Dutch citizens. Foreign Increased over 100 percent to 3-fold," he said. Dedy said, the number of five-star hotel in the city of Semarang to 35 hotels. While at the hotel non bintang reach 40 units.

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Glancing this reason Semarang Developer

Author: Hilda B Alexander | Sunday, September 14, 2014 | 19:32 pm

Semarang, KOMPAS.com - Just like the cities of the north coast (coast) Other Java, Semarang is also loaded with a population of entrepreneurs and the high purchasing power. Proven construction of several property projects undertaken by local entrepreneurs and purchased by local consumers as well.

Call it, three apartments were developed Pollux Properties WR namely Simpang Lima in Jl A Yani, Jl The Pinnacle Building, and the Marquis de Lafayette Youth Jl each market absorbed 95 percent, 85 percent and 60 percent. In fact, the apartment starting a new investment instrument developed in this city.

Pollux Properties own a property company whose birth dibidani by the Semarang and then menggurita to expand to Jakarta.

Marketing Manager Pollux Properties, Harry Setiawan, revealing, Semarang true market potential. "Who buys these apartments is 90 percent people of Semarang, the rest is out of town and overseas," said Harry, to Kompas.com, Friday (09/12/2014).

Their motivation to buy an apartment, Harry continued, is for investment. Because the three apartments are located in the city center is the central business district (CBD) of Semarang.

Purchasing power of local communities is to encourage the growth of property in the capital city of Central Java. According to Hotel Manager CitraDream, Gede Joni Artawan, the hospitality sector is also growing rapidly. Until now there are 16 hotels which are under construction.

"This is possible because the actual Semarang different markets with five or ten years ago. Market Semarang is now driven by second and third generation who previously attended out of town or overseas," said Gede, Saturday (13/09/2014).

Gede added, they then changed the lifestyle property market map of Semarang. Lifestyle is meant spending more frequent income to meet their daily needs and the needs of social status.

"Performance CitraDream hotel alone is touching level above 50 percent, while new operations July 1. Rooms dominated by local guests, most of the delegates from the municipal government agencies or government spending," said Gede.

Meanwhile, for the best-selling flat products purchased by the Semarang is worth IDR 600 million up to the size of 28.29 square meters to 34.53 square meters.

"The market is very excited for apartments with the price of it. Enthusiasm is our response to the accelerated development. WR Simpang Lima will operate in June 2015, The Pinnacle November 2015 and the Marquis de Lafayette mid-2016," go to Harry.

Lifestyle changes are not only evident from the enthusiasm of the product properties, but also foreign brands. In Paragon City Mall, for example. Starbucks filled with visitors from various backgrounds. Ranging from students, college students, office workers, to the mother-housewife.

Likewise with other outlets visited by many visitors, mostly young people. Making a number of visits the shopping center averages reached 35,000 people per day with a 99 percent occupancy rate.

The phenomenon is exactly what sparked the National developers working part Semarang. Outside Pollux Properties, there menggeber Lippo Karawaci Lippo Plaza in Srondol building, Ciputra Group with housing Citraland BSB City and Hotel CitraDream, HK Realtindo with hotels and apartments, Housing with Sentraland, and much more.

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Will Nico Inject It To Pollux Singapore?

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Trimatra Jaya Persada Construction Management!

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http://www.thejakartapost.com/news/2014/...pects.html

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Foreign developers eye local prospects


Indonesia’s huge population provides potential market for various property products.

Several foreign developers have set their eyes on Indonesia’s property market due to the country’s huge population and economic growth of 5.5 percent, deemed the highest in Southeast Asia.

Foreign investors from Singapore, China, Korea and Malaysia have reportedly expressed their interests to expand their property businesses to Indonesia. The types of property projects they are interested in range from residential projects such as apartments and commercial ones, including shopping centers, malls and industrial estates.

The Singaporean-based Pacific Star Holdings Pte Ltd., for example, plans to manage two property projects, one in the Sudirman Central Business District (SCBD) in Jakarta and another one in Bali.

The developer cited data from the United States Trade Department that said Indonesia was the world’s fourth-most populous country with 253.60 million people as its reason for investing in the country’s property sector. It selected Jakarta as the site of its project due to the city’s lucrative nature for property development, kompas.com reported.

Pacific Star adds to a list of Singaporean property developers with a keen interest in expanding their business to Indonesia.

Keppel Land and Capita Land are among Singaporean developers companies that have developed property projects in Indonesia.

Keppel Land’s property projects are namely the Financial Tower in Sudirman, the Taman Pasadenia apartments in East Jakarta, the BG Junction in Surabaya, Ria Bintan Golf in Bintan and Nongsa Point Marina in Batam.

The Soilbuild Group Holdings is collaborating with prominent local developers to develop a supermall project in Surabaya.

Ascendas, a business wing of the Singaporean government, offers a partnership scheme with local land owners to develop various kinds of property projects, including industrial estates.

Commercial property

Meanwhile, Japan-based developer Tokyu Land plans to manage a property project in the Mega Kuningan area, South Jakarta. It is focusing on the development of commercial properties, such as retail and shopping centers as well as high-rise residential projects.

The company’s marketing head, Ardian Fatkoer, said the company had long targeted Mega Kuningan as a potential site for its property project development due to the area’s strategic function as the heart of Jakarta’s business activities.

“Mega Kuningan suits our development concept. So far, we have developed high-class commercial property projects in the Setiabudi area, in cooperation with PT Jakarta Setiabudi International. So now we intend to expand our business to Mega Kuningan,” Ardian said.

Mega Kuningan is, without a doubt, one of the most sought-after business districts in Jakarta by both local and international developers. There are still a plenty of available land at competitive prices in the area. Actual land prices range from Rp 50 million (US$ 4,217) to Rp 70 million per square meter while the price of land in the Sudirman and Thamrin corridors in Jakarta is around Rp 100 million per square meter.

Pacific Star has invested US$300 million to develop a mixed use property project in the Sudirman Central Business District in Jakarta. The company has also invested US$100 million to develop a hotel, villa and resort project in Bali.

Pacific Star chief operating officer and president Glen Chan said that his company was cooperating with local partners to penetrate the Indonesian market.

In the next three or four months, the company would sign a memorandum of understanding (MoU) with its local partners, he said.

“We cooperate with Indonesia’s medium-sized developers. We plan to develop mixed-use property, which contains office buildings, apartments and hotels,” he said.

Ardian said that Tokyu Land planned to build condominiums and serviced apartments in Mega Kuningan.

“We already have a land bank here. However, due to some concerns, we can’t publicize the width of the land,” he remarked.

Aside from the residential and commercial property projects that the two developers are keenly interested in, apparently Jakarta also holds other potential for the property business: office building development.

According to data from Colliers International Indonesia, the business of developing office buildings in Jakarta has reaped great profits, as the business shows positive performance seen from high occupancy rates and rental prices. The occupancy rate of office buildings in Jakarta has reached 95 percent and rental prices have reached Rp 60 million per square meter.

Given the fact that 29 million Indonesians are in their productive age, Indonesia’s property sector will continue to show positive growth, according to Indonesian Stock Exchange executive director Ito Warsito.

“The huge productive age population provides huge market potential for developers to develop residential, apartment and office building projects, although we face a lot of economic challenges, such as tight monetary policy and an economic condition that remains tough,” he said.

“Although our economy is forecast to grow 5 percent and the rupiah depreciated, I am confident that the huge market potential will continue to propel the property sector forward,” he pointed out.

Aside from the huge productive age population, Indonesia was a lucrative market for property projects due to its relatively stable and secure political climate, he added.


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Louis Serviced Residences ~ Soft Opening Early October!

Taking the lower end of the industry mean of S$850,000 ~ S$1,000,000 per key for brand new hotel room in the city fringe, minus the investment cost (Land & Refurbish) & 99 years lease top-up (X), we have revaluated excess of;

(96 units x S$850,000) - S$23.5m (Land Cost) - S$23.9m (Refurbish Cost) - (X)

= S$34.2m - (X)

Keep your leather oiled your whistle wet and your powder dry!

More juicy news coming your way ~ stay tuned!

(23-09-2014, 05:09 PM)Volmax Wrote: [ -> ]Keep your leather oiled your whistle wet and your powder dry!

More juicy news coming your way ~ stay tuned!

the lease top up to 99 years is not a definite thing yet.

unless you are saying you have news on it?

(23-09-2014, 05:21 PM)johnnydash Wrote: [ -> ]the lease top up to 99 years is not a definite thing yet.

unless you are saying you have news on it?

Even have news also cannot tell lah!

There are things to talk and things that cannot talk. Will only reveal sensitive information when it is no longer sensitive.