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#45054 - 14 Feb 07 01:33 GOI/Govt. to Build 1,000 Low-Cost Apartment Towers
biznews Moderator Offline
Pujangga Besar

Registered: 24 Apr 08
Posts: 7508
Loc: Jakarta
From Government of Indonesia

Govt. to Build 1,000 Low-Cost Apartment Towers

The government is set to speed up development of 1,000 low-cost apartment towers in 10 large cities across the country, Antara reported on Thursday (8/2/07).

The project is to cope with acute housing problems in urban areas in the country, President Susilo Bambang Yudhoyono said.

It will be a priority project in the next five years and subsidy will be provided, he added.

The project will be launched in Kemayoran and Pulo Gebang in Jakarta with 20-story towers, he said.

A government official said a unit would be sold at Rp90 million ($10,000) to Rp145 million and buyers could pay in installments of Rp300,000 to Rp1.1 million a month.
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#45066 - 14 Feb 07 01:43 Re: GOI/Govt. to Build 1,000 Low-Cost Apartment Towers [Re: KuKuKaChu]
chewwyUK Offline

Registered: 14 Sep 06
Posts: 2392
Loc: Jakarta
sounds like a great idea ... I hope it works
Edited by Piss Salon
Edit Reason: taste


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