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Jakarta Post

Lippo’s Meikarta secures 32,000 fixed buyers

  • Rachmadea Aisyah

    The Jakarta Post

Jakarta   /   Tue, September 12, 2017   /   10:36 am
Lippo’s Meikarta secures 32,000 fixed buyers Lippo Group president Theo Sambuaga (left), Lippo Group CEO James Riady (center) and senior adviser Agum Gumelar (right) pose for a photograph after announcing the group’s plan to build a new 'city' for Rp 278 trillion to the east of Jakarta. (JP/Winny Tang)

Indonesian business giant Lippo Group has secured approximately 32,000 fixed buyers for apartments located in Meikarta, its latest and biggest township project in Bekasi, West Java.

The 32,000 buyers have been granted mortgages by banks. Some 130,000 people paid booking fees, Lippo Group CEO James Riady said in Jakarta on Monday.

“The rest are currently undergoing ‘the closing phase’ to finalize their purchases,” he said on the sidelines of the 2017 BTN Golden Property Awards, adding that many of the buyers came from areas outside Greater Jakarta.

“We hope all apartment purchases can be sealed within the next two months.”

Lippo Group has allocated Rp 278 trillion (US$21.11 billion) for the project.

Meikarta president director Ketut Budi Wijaya said in August that the first phase of the township development was slated to be completed within five years. (ags)