Jakarta (18\/06) \u2013 Property developer PT Intiland Development Tbk (Intiland; DILD) successfully completed the construction phase of South Quarter Residence (SQ R\u00e9s) apartments, located in South Jakarta. This stage was marked by the procession of topping off the apartment tower by Intiland\u2019s directors and representatives from building contractors and consultants on Saturday (18\/6).<\/p>\n
Permadi Indra Yoga, Intiland\u2019s Director of Business Development, explained that the topping off was an important stage in the construction of SQ R\u00e9s apartments. The Company will then enter the stage of completing the building fa\u00e7ade, mechanical and electrical, as well as the interior work.<\/p>\n
\u201cWe are happy that the construction of SQ R\u00e9s went smoothly, notwithstanding the difficult conditions posed by the Covid-19 pandemic. We are always committed to completing it on time and trying to meet the expectations of buyers,\u201d Permadi Indra Yoga told the media after the topping off procession.<\/p>\n
The Company considers the topping off to be an important momentum to boost the interest among prospective consumers to purchase property products, the demand for which had fallen during the Covid-19 pandemic. The Company has seen how the property market has been gradually improving this year, in line with the recovery of market interest in buying and investing in property.<\/p>\n
Kundarso, Project Leader of SQ R\u00e9s, explained that one of the success factors in SQ R\u00e9s development process was the mutual commitment among contractors, consultants, and all parties involved to the development project. PT Total Bangun Persada Tbk (Total;TOTL) as the main contractor, along with its sub-contractors, managed to build a fruitful synergy with the Company to complete the entire construction process.<\/p>\n
\u201cCurrently, the construction of tower D has entered the stage of building facade and interior completion. We project that the handover of units to buyers can be carried out starting in the second quarter of next year,\u201d said Kundarso.<\/p>\n
The Company is optimistic that the process of completing the development of SQ R\u00e9s will run smoothly, and the handover of units to the buyers can be performed on time. The development phase will now focus on completing the fa\u00e7ade, mechanical and electrical works, as well as the existing facilities.<\/p>\n
Sustainable Development of the Integrated Area <\/strong><\/p>\n SQ R\u00e9s apartments is one of Intiland\u2019s newest development projects in its mixed-use & high-rise segment portfolio. Initiated for development in 2019, the construction of SQ R\u00e9s included two 23-floor towers occupying an area of \u200b\u200b1.3 hectares. SQ R\u00e9s is part of the second phase of development of the 7.1-hectare South Quarter integrated office area ,which will continue to expand to cover more than 13 hectares.<\/p>\n The first phase of South Quarter development includes the development of three office towers and SQ Dome as a supporting retail facility, built on an area of \u200b\u200b4.4 hectares. Boasting the concept of sustainable development, this year South Quarter was named the world\u2019s best office building after winning the World Gold Winner award at the international property competition FIABCI World Prix d\u2019Excellence Awards 2022 held in Paris, France on 8 June 2022.<\/p>\n South Quarter was developed using carefully-measured standards issued by GBCI (Green Building Council Indonesia) and EDGE Certification developed by the IFC (International Finance Corporation). The main focus of GBCI is the use of sustainable green principles in the design, construction and operation of buildings. Meanwhile, EDGE (Excellence in Design for Greater Efficiencies) focuses on credible and scalable solutions for green buildings. Numerous awards given to South Quarter demonstrated the performance in the aspects of architectural design, energy saving, environment, sustainable development, and governance.<\/p>\n SQ R\u00e9s was designed by Tom Wright, the world-renowned architect from the architectural firm WKK Architect in London, England. This apartment was developed as a residential facility with the theme \u201cOasis in the City\u201d which offers a modern and comfortable resort-style residential concept and is equipped with all the facilities for socializing, relaxing, and gathering with friends or family.<\/p>\n Transit-Oriented Development<\/strong><\/p>\n Besides being built with a superior development concept, the location of SQ R\u00e9s is highly strategic in the TB Simatupang business corridor, South Jakarta. This location is equipped with various transportation access facilities, such as being close to Fatmawati and Lebak Bulus Mass Rapid Transportation (MRT) stations, as well as the JORR toll road to Soekarno-Hatta airport.<\/p>\n \u201cSQ R\u00e9s was developed as part of the Lebak Bulus Transit-Oriented Development (TOD) concept. The TOD area has a high value because it prioritizes aspects of connectivity, accessibility, and walkability that answer the needs of the urban community,\u201d said Permadi Indra Yoga.<\/p>\n According to him, residential units that are close to public transportation facilities have higher value and marketability compared to residential units that are far from public transportation facilities. The location of SQ R\u00e9s with the nearest MRT station is only about 500 meters and a shuttle bus service is provided.<\/p>\n Project Leader SQ R\u00e9s Kundarso explained that SQ R\u00e9s offers many aspects of the comfort of living in a central business district. Besides being close to various necessities, SQ R\u00e9s is also equipped with various facilities, such as private cinema, spa & beauty salon, water pavilion, jogging track, indoor & outdoor playground, and a tropical swimming pool.<\/p>\n Then as part of regional development, SQ R\u00e9s is equipped with an elevated walkway that connects commercial, retail, lifestyle, and residential facilities. This concept combines natural and modern elements to create a comfortable residential area and provide a walking experience for residents to enjoy all the facilities on offer.<\/p>\n Intiland Collections Promo<\/strong><\/p>\n The development of two SQ R\u00e9s apartment towers encompasses 700 units, offered in several types. Studio is the smallest type, with a building area of \u200b\u200bup to 30 m\u00b2. There is also the 1-Bedroom type with an area of \u200b\u200b36\u201345 m\u00b2, and the 1-Bedroom Plus Workspace, with a total area of 60 m\u00b2.<\/p>\n To meet the needs for more spacious residential units, SQ R\u00e9s provides 2-Bedroom type with an area of \u200b\u200b93 m\u00b2, Corner 2-Bedroom type with an area of \u200b\u200b86 m\u00b2, and the largest unit, the Dual Key type, covering \u200b\u200b117 m\u00b2.<\/p>\n With the launch of the Intiland Collections program, SQ R\u00e9s also provides special offers from 15 June until August 2022, with special prices starting from only Rp1.1 billion, discounts of up to 18%, 18x installments, home ownership loan interest at only 1.8%, along with various shopping, furniture and travel vouchers.***<\/p>\n","protected":false},"excerpt":{"rendered":" Jakarta (18\/06) \u2013 Property developer PT Intiland Development Tbk (Intiland; DILD) successfully completed the construction phase of South Quarter Residence<\/p>\n","protected":false},"author":5,"featured_media":20689,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"inline_featured_image":false,"footnotes":""},"categories":[57,59,58,41],"tags":[],"class_list":["post-21862","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-media","category-news-events","category-press-release-en","category-press-release"],"_links":{"self":[{"href":"https:\/\/www.intiland.com\/en\/wp-json\/wp\/v2\/posts\/21862","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.intiland.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.intiland.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.intiland.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.intiland.com\/en\/wp-json\/wp\/v2\/comments?post=21862"}],"version-history":[{"count":0,"href":"https:\/\/www.intiland.com\/en\/wp-json\/wp\/v2\/posts\/21862\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.intiland.com\/en\/wp-json\/wp\/v2\/media\/20689"}],"wp:attachment":[{"href":"https:\/\/www.intiland.com\/en\/wp-json\/wp\/v2\/media?parent=21862"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.intiland.com\/en\/wp-json\/wp\/v2\/categories?post=21862"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.intiland.com\/en\/wp-json\/wp\/v2\/tags?post=21862"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}