EMDE Issuers Aiming at IDR 45 Billion Sales at IPEX 2018

08 FEB 2018

Jakarta: Property development company PT Megapolitan Development Tbk (EMDE) is targeting sales of Rp45 billion from the Indonesia Property Expo (IPEX) 2018 event.

As for the three days during the event, the company recorded achieving its sales target of 100 percent during the 2018 IPEX event at JCC. "It's only been three days that the sales target has reached 100 percent. In January the MD target of all projects reached 130 percent," Megapolitan Development & Marketing Director Desi Yuliana told medcom.id, Thursday, February 8, 2018.

Meanwhile, IPEX 2018 is an exhibition held to celebrate the 68th Anniversary of BTN on February 9. In the BTN annual housing party held at the Jakarta Convention Center (JCC), there were 868 housing projects from 152 developers in Indonesia.

The housing projects are spread in various regions ranging from Greater Jakarta, West Java, Central Java, East Java, Sumatra, Sulawesi, and Kalimantan. Of the hundreds of housing projects, 60 percent are horizontal residential units while the remaining are vertical with selling prices ranging from Rp130 ​​million to Rp5 billion.

As for having residences offered in IPEX 2018, BTN offers a variety of attractive promotions. For the Non-Subsidized Housing Ownership Credit (KPR) scheme, the issuer coded as BBTN shares offers a developer subsidy interest rate promotion of 4.68 percent fixed for one year.

"The event, which was participated in by the company from 3 to 11 February 2018, opened investment opportunities ranging from Rp3 million. Even Rp2 million was directly inhabited, cash back up to Rp1.5 billion, two years' paid leave, and 4.68 percent mortgage rates, and booking fee of Rp1 million, "he explained.

The company currently has a portfolio of residential and commercial development projects with middle and upper market segments in Cinere namely Centro Cinere ", Vivo Sentul, and Karawaci The Habitat.

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