Media, Press Release

Intiland Is Preparing a New Residential Development Project in Graha Natura

 

Surabaya (21/07) – Property developer PT Intiland Development Tbk (Intiland; DILD) continues come up with new innovations for property development in Surabaya, East Java. The Company is preparing a number of growth strategies by developing new innovative property projects.

 

Harto Laksono, Marketing Director of PT Intiland Grande, the Company’s subsidiary engaged in property development in Surabaya, said that now is the best time to buy property, because it has the potential to deliver the greatest benefits to the buyers.

 

“Right now is the perfect momentum for customers, because they will get the best price. As a developer, we have to be more creative and innovative to meet the expectations and needs of the market, in terms of products and services,” he mentioned.

 

The Company saw that amidst the challenging market conditions, a number of consumers are taking advantage of the momentum by buying property at this time. Sales of residential products, especially for landed houses, have proven to be relatively active. In fact, the last two months have seen an upward trend.

 

“We feel that the property market has begun to become active again and has shown an upward trend in the last two months, especially from the end user consumer segment. Many consumers began to ask for new products or come directly to the show units. On average, young families and millennials dominate,” said Harto Laksono.

 

The Company currently has two residential projects under development in Surabaya. Located in West Surabaya, they are the ​​Graha Famili housing complex, covering an area of ​​280 hectares, and Graha Natura, with a development area of ​​86 hectares.

 

Unlike Graha Famili, which targets the upper and premium market segments, Graha Natura housing project is more geared towards the upper-middle segment, with its more affordable prices. Graha Natura has a lot of house clusters with a more compact area, so that it becomes a favorite among some people in Surabaya, especially young professionals and millennials.

 

“Last year, we launched the Acacia cluster and it has been sold up to seventy percent. This cluster offers two-story compact houses that are not too big but are actually high in demand from young families,” said Harto Laksono.

 

The development of Graha Natura began in 2012 with a strong concept. It has become one of the favorite residential areas in West Surabaya. Boasting three main concepts—healthy living, nature, and technology—Graha Natura offers the advantages and added value of an ideal residential area perfectly suited to the needs of a dynamic and active urban community.

 

In addition to its excellent development concept, Graha Natura has received strong demand from consumers thanks to its superior location and easy access. This residential area is only 10 minutes from West Surabaya CBD and 20 minutes from the Satelit toll gate.

 

“Apart from having a beautiful environment and complete facilities, Graha Natura has easy access to various regional facilities such as shopping centers, offices, hospitals and entertainment centers,” said Harto Laksono.

 

Anticipating the trend of increasing market demand, the Company has prepared a new cluster development in Graha Natura residential area. This cluster offers compact-sized housing units that suit the needs of consumers, especially young families and millennials.

 

“We are optimistic that housing units with a compact area remain the favorite choice in Surabaya. Apart from offering an excellent and healthy design concept, the housing units in this cluster are also relatively more affordable and in line with the purchasing power of consumers in the middle segment,” he said further.

 

Adopting a modern tropical design concept, these two-storey units are designed as healthy homes with a good lighting and air circulation quality. The Company offers four types, with a land width of 5 meters upwards.

 

“The house types with such sizes are in line with our target market, namely young families who tend to want houses that are not too big but comfortable. We will start to market them in early August 2020 at affordable prices,” continued Harto Laksono.

 

This new cluster is strategically located just steps away from the ​​SOHO Natura 2 commercial area, and close to an artificial lake, parks, and club houses. This residential cluster is designed with the concept of a single access gate that provides comfort and safety for its residents. Then, to increase the comfort for the residents, Graha Natura has developed a beautiful and harmonious environmental landscape. The Company has collaborated with a number of institutions to provide consultative and technical support regarding conservation and biodiversity initiatives in the area.

 

Previously, the Company had launched a conservation program for Indonesian trees and plants by planting at least 10,000 trees from 1,000 types of Indonesian native trees. This effort is a form of commitment and genuine effort to create a green and beautiful environment.

 

Graha Natura also provides an open area of ​​1.2 hectares as a facility located in the middle of the a residential area. This zone includes an artificial lake, a jogging track, an F&B area, a playground, and an area for communal activities.

 

“We have prepared this area to become a center of lifestyle, healthy living, and of activities and interactions for Graha Natura residents,” said Harto Laksono.

 

Due to the excellent development concept in terms of environment, design, and technology utilization, this residential area has won various national awards. These accolades testify to the community’s appreciation and recognition of Graha Natura as a comfortable and ideal residential area with a solid development concept.