Profile :
- Location : Perdagangan II Village, Bandar Sub-District, Simalungun Regency
- Total Area / Land Status : 3.33 ha and already clear to use
- Financial Feasibility :
- IRR: 11.14%
- NPV: IDR 59.02 trillion (arround USD 4.12 million)
- Payback Period: 8 years
- Concession: 20 years and exclude 2 years for construction
Project to Offer :
- There are 3 towers
- Capacity for 1 tower : has 224 units (amount: 672 units)
- Total floor : 18 floors (14 floors for living and rooms and the rest for parks)
- Other complimentary facilities:
- Playground area about 1,050 m2
- Worship facilities about 550 m2
- Gas station area about 875 m2
Project Description :
The workforce absorption in the Sei
Mangkei SEZ currently reached 1,800 workers, and
was likely increasing, considering that this area was the 5th largest
investment location in Indonesia. Meanwhile 45% of workers still rent houses
and 35% live in messes. This is the reason for initiating to build the
integrated rental apartment project. The construction of this project isn't
only targeted for the workers (both domestic and foreign / expats), but also
for the low-income society and the one who affected by the relocation and
natural disaster citizens in surrounding areas from Simalungun,
Batu
Bara, and Asahan Regency, etc. Mixed Use Rental Apartment
will be built 3 residential towers, which
each tower consist of 18 floors with a total capacity of 672 residential
units. There’s also built playground area about 1,050 m2, worship facilities
about 550 m2, gas station area about 875 m2, shopping center, health &
fitness center, retail and commercial area. With the ease of access to both
roads and rail transportation modes, the integrated rental apartment in Sei
Mangkei has become a strategic project to create
a new modern area for living in Simalungun Regency.