Business

Marc Steinmeyer: PopHarris Colourful and Green Hotels

2010-11-16T07:52:00.000-08:00

Hotel PopHarris is a two star hotel or budget hotel of the Group Tauzia. The hotel is full of color and apply the concept of green.

The walls of the hotel is for example not a wall or walls of glass, but a transparent wall where the wind can get into. In addition, the concept of green applied to the water heater, water treatment, solar system this hotel.

Here is an interview of Robert Adhi Ksp Kompas.com by Marc Steinmeyer, President Director Tauzia in Hotel Management Hotel PopHarris Jalan Teuku Umar, Denpasar, Bali, on Monday (8/11/10) morning.

The design hotel is very colorful and different from similar hotels. What is the meaning?
I like the colors. It symbolizes the energetic life, colorful, not boring. I apply this in Tauzia first budget hotel in Bali.

What are the advantages PopHarris compared to similar hotels?
We developed the concept itself since three years ago. The team of French architects in conjunction with Indonesian architectural team developed a concept that is different from other hotels of similar concepts. We do creativity in the technology embodied in the construction of the facade, shower, water heater system, a wall without a wall. We do the innovation construct. That's the main point.

And as you can see the screen, facade, shower, water and solar system in this hotel looks more green.
Our concept is simple, unique, friendly. Not only in design, we also perform a more simple management, including marketing.
- Marc Steinmeyer

Next week a team from the French audit this hotel is how green the building. From the results of this audit, they will give a benchmark, what about the next international standard PopHarris built.

We also invite the Green Building Council to evaluate the project's first green hotel Tauzia this. PopHarris want to promote real environmental green.

When in Bali, we can use a wall with a screen like this, in Jakarta, we certainly can not do it.

There are plans to build and operate other PopHarris in other cities?
We had planned to build 8 PopHarris others, including the Road Cokroaminoto and Tuban in Bali's Denpasar, Manado, Yogyakarta, Jakarta Airport, Surabaya, and two more in Jakarta.

What about Harris Hotel?
Harris Hotel will be opened in Bandung (Festival Mall), Jakarta (FX Sudirman), Batam (Batam Center), Bali (Sunset Road). And in 2012, we plan to open 18 hotels Harris again, among others, in Malang, Surabaya, Sentul City, Peak, and the Jakarta Airport, four more in Bali, and in Luwuk Sulawesi.

What is the secret Tauzia PopHarris Harris and manage the hotel?
We are aggressive, have high deteminasi but remain focused on quality.

You used to CEO of Accor Indonesia Group, an international hotel chain is famous, but you opt out and build his own company, Tauzia. Why?
Indeed, while in Accor, I have a great position and enjoy the work. But you know, in companies such as Accor, 30 percent of the success of your property, 70 percent for corporate image. If you have a company own 100 percent success on your own. You went with your own parachute. And this is a challenge for us.

You adopt the budget hotels in Europe?
Because I come from Europe, I was a bit much to the concept of Europe. Our concept is simple, unique, friendly. Not only in design, we also perform a more simple management, including marketing. The number of permanent employees, only 9 people.

The concept of our room to be perfect, guests can sleep soundly with king size bed as well as five-star hotel. Guests also have free wifi.

You are optimistic with the hospitality industry in Indonesia?
We believe that Indonesia country grow and thrive. Optimistic does not mean unrealistic. The key to the determiniasi, hard work, consistency, and energetic either natural or personality traits....

Marc: Sal uitbreiding in Maleisië Tauzia Volgende Jaar

2010-11-12T22:36:00.000-08:00

Marc Steinmeyer, President Tauzia Hotel Management het gesê sy maatskappy beplan om uit te brei na Maleisië in 2011.

Marc Steinmeyer spreek dit in 'n gesprek met Kompas.com Maandag (8/11/10) middag. Tauzia Hotel Management is 'n hotel bestuur maatskappy van Indonesië, wat gestig Marc Steinmeyer, voormalige uitvoerende hoof van Accor Asië-Stille Oseaan.

Volgens Marc, sal sy maatskappy ontwikkel 'n hotel met' n splinternuwe Harris in Maleisië. "Die mark aandeel in Maleisië is relatief goed," sê Marc, 'n Franse man.

Na uitbreiding na Maleisië, sal Tauzia Harris ontwikkel in Singapoer, Thailand en Kambodja.

In Indonesië, in 2011, sal bou 4 Tauzia Harris Hotel, vier ster hotel en 8 Hotel PopHarris, budget hotelle in baie stede in Indonesië. Terwyl hy in 2012, sal bestuur 10 Hotels Tauzia Harris en 12 Hotel PopHarris.

Marc Steinmeyer sê vir PopHarris belegging van ongeveer Rp 60000000000 wat verwagte opbrengs op die belegging te hê binne 5 jaar tot 6 jaar.

'N vraag beantwoord, Marc het gesê hy sou maak lidmaatskapkaarte Tauzia gaste lojaliteit te behou.

Harvey Nichols Closed

2010-11-04T23:48:00.000-07:00

MAP PT Tbk (MAPI) to cover the premium retail outlets, Harvey Nichols (HN) from 31 October. The cause of the closure of outlets that sell products that no other fashion supereksklusif because sales are not satisfactory. "Since its opening in 2008, the contribution of HN to only 1 percent of company sales," said Fetty Kwartati, Corporate Secretary MAP.
Since its opening in 2008, the contribution of Harvey Nichols to only 1 percent of company sales.
- Fetty Kwartati

Fetty added, a British department store that had been present to meet the needs of the upscale community of fashion products. However, it turns out, HN targeted consumers who prefer to shop abroad. HN was difficult to achieve sales targets. Fetty added that the timing of opening outlets in Indonesia HN also less fit, namely October 31, 2008, shortly after the financial crisis.

Fetty reluctant to disclose the value of losses due to closure HN MAPI. He just said, its value is not great because the owner of Grand Indonesia (GI) also release funds for the construction of HN stores. MAPI also exempt from the rental fee of 10,000 square meters of space in the mall owned by the Djarum group. "We are exempt from rental fees HN by the mall manager," he explained.

KONTAN According to sources, the development of HN stores in 2008 it cost an estimated Rp 110 billion. However, the cost was borne by a fifty-fifty by MAPI and manager of GI. "Because the GI is not appropriate visitor targets agreed between MAPI and Djarum, Harvey rental fee and then released," said the source.

Fetty said, after closing HN, MAPI will no longer play in the market supereksklusif. "We will focus on the middle-upper segment," he said. Currently, MAPI Sogo has 11 outlets, two outlets Dabenhams, three outlets Java Department Store and a store Seibu.

By the end of the third quarter, MAPI reap Rp 3.39 trillion of sales, up 12 percent over the same period last year, ie Rp 3.02 trillion. Of that revenue, the contribution of the department store business reached USD 916.11 billion or 27% of total revenues for MAPI. However, MAPI net profit of Rp 166.30 billion, down from Rp 148.27 billion due to a decline in foreign exchange earnings.

Asian Stock Press Technology Sector

2010-10-29T07:36:00.000-07:00

Singapore Exchange Asian stocks fell, dragging the MSCI Asia Pacific Index fell for the second week in a row. Sharp action which cut profit projections and predictions of Samsung Electronics that memory-chip prices and the display-panel will come down, so the catalyst.
The MSCI Asia Pacific Index fell 0.5% to 128.92 in Tokyo, extending the decline this week to 0.8%. The index had risen 2.1% in October, strengthening in the second round after Fed chairman Ben Bernanke said on Aug. 27 that the purchase of assets can be justified if growth slows. Fed policy makers meet on November 2 to 3.

Pauline Dan, chief investment officer at Samsung Investment Trust Hong Kong, which oversees assets of about U.S. $ 72.1 billion, say, a lot of positive news from quantitative easing in the U.S. has been factored. "Earnings momentum for the electronics company will no doubt be slowed. Logis for people to predict the growth slowdown in 2011."

Nikkei 225 index in Tokyo fell 1.8%, biggest since 12 October, following a government report showed the country's industrial production fell for a fourth month in September. This adds to concerns that the export recovery has lost momentum. South Korea's Kospi index fell 1.3%. Meanwhile, the Shanghai composite index, the Hang Seng index in Hong Kong and the S & P / ASX 200, down 0.5%.

Indicators of technology companies in the MSCI Asia Pacific Index slid 1%, the biggest drop among 10 industry groups. Shares of Japanese exporters fell as the yen rose to 80.54 against the dollar, instead of 81.63 at the close yesterday. The strengthening yen reduces the overseas earnings when repatriated.

Sharp Corp., Japan's largest LCD manufacturers declined 5.8% in Tokyo. The company cut its profit forecast for the year ending March 2011 by 40% to 30 billion yen (U.S. $ 367 million).
Advantest Corp., manufacturer of the world's major memory chip testers, slumped 9%, after reporting a first half profit below estimates. Nomura Holdings Inc. cut its rating on the shares to "reduce" from "neutral."

Meanwhile, Nintendo Co., the world's largest producer of video games, down 2.1% after the company posted a 15% decline in second-quarter earnings and predicted profit and the smallest in six years. "There is uncertainty about the outlook for earnings in the second half," said Juichi Wako, senior strategist at Tokyo-based Nomura.

Today is the day of peak earnings reports in Japan, with 270 of 1664 companies in the Topix are scheduled to report results. About three companies exceed earnings estimates for every two that fell. These data were collected from 322 companies in the Topix that have reported quarterly results since Oct. 7.

NGK Insulators Ltd., which makes industrial ceramic products, fell 21%, the biggest decline on MSCI Asia Pacific index, after the company cut its full-year profit and sales forecasts. Goldman Sachs Group Inc. lowered the recommendation to "neutral" from "buy."
Japan Stock Exchange fell after the Commerce Department reported action factory production fell 1.9% in September from the previous month, which fell 0.5%.

In Seoul, Samsung Electronics, down 2.5%, although the company reported third-quarter profit rose to reach 4.46 trillion won (U.S. $ 4 billion) due to the anticipation of competition. Bank of Communications Ltd. slumped 7.8% in Hong Kong after third-quarter profit below analyst estimates.

Seo Won Seok, an analyst at NH Investment & Securities Co. said the unit chips has pushed profit in the third quarter, but will not support a lot like memberui fourth quarter, on a rapid decline in chip prices. "For TV, the cost of marketing is the most important factor in the fourth quarter, so the cost is always high."

LG Electronics Inc., handset maker's third-largest, fell 2.8%. The Company recorded losses in two consecutive quarters of its primary business phone, pushed Credit Suisse Group AG cut its rating to "underperform" from "neutral."
Bank of Communications, China's fifth largest lender, slumped 7.8%. Net revenue for the third quarter that gave the loan rose 24% to 9.18 billion yuan ($ 1.4 billion) from a year earlier. China Life Insurance Co., the largest national insurance, slipped 3%, after posting third-quarter profit increase of 3.4%. The result is "slightly below expectations," said Guosen Securities Co. analyst Shao Ziqin and Tong Chengdun.

Among stocks that rose, the insurance company AIA Group Ltd. surged 17%, in Hong Kong. The company was sold American International Group Inc. in an initial public offering of U.S. $ 17.8 billion. the stock price is HK $ 19.68

About Property news Sales of million pound properties double in a year

2010-10-28T08:25:00.000-07:00

New Info Sales of properties worth £1 million and over have risen by 118 per cent in the past year, according to new figures from Halifax.

It was also found that London saw the biggest percentage increase in million pound sales and that the West Midlands, south-east and East Anglia also experienced a doubling of house prices.

Although sales over £1 million represent a tiny proportion of the British property market as a whole, shares of all sales have risen from 0.5 per cent in the first six months of 2009 to 0.9 per cent in the same period of 2010.

Martin Ellis, Halifax housing economist, said: "The increase reflects both strong demand from wealthy foreign buyers looking to benefit from the weakness in sterling and the relatively strong performance of the housing market in London and the south-east over the past year."

This comes shortly after news that property asking prices jumped by three per cent in October 2010, with the average home price increasing by £7,000.

All About Property Wire

2010-10-28T08:18:00.000-07:00

All About Property Wire

You can browsing at internet PropertyWire.com is an online channel focused on news from both the residential and commercial real estate sectors. It is aimed at key business decision makers from industries such as estate agencies, property development and construction, surveying, architecture to a broad range of readers who just have a general interest in bricks and mortar.

The website provides rich news content from around the globe. Updated on a daily basis, Property Wire is already staking its claim as a major player in the disseminating of real estate related information to its visitors.

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Property Wire employs a team of writers and journalists who specialise in the real estate market. Our team provide up-to-date researched news from around the world with a focus on the property markets and investment analysis.

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The head of our growing news and features section is Ray Clancy. She has 20 years experience as a news journalist including working for The Times, the Daily Telegraph and the Mail on Sunday. Media inquiries and information can be sent direct to her by email on editor [at] propertywire [dot] com. Or she can be contacted on +33 (0)233 496412.

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Property Policy in Hong Kong Expected

2010-10-27T07:32:00.001-07:00

Property policy in Hong Kong are tightened, following soaring property prices. This is a step to cool property prices are already overheating.

Hong Kong Chief Executive Donald Tsang on Wednesday (13/10/10) said that Hong Kong will increase the supply of homes and restrict the movement of people (immigration) on the basis of property investment.

In its annual policy announcement, Donald Tsang said the government will supply more land for about 20,000 individual apartment units in a year. Approximately 61 000 private homes will go to Hong Kong property market in 3 years to 4 years.

Tsang also said the government to temporarily restrict the movement of people because akabn property investment.

The shares of property companies in Hong Kong fell 3.2 percent after Donald Tsang delivered the announcement. The company's shares proeprti Asia's largest developer, Sung Hung Kai Properties Ltd., also fell 5.4 percent.

"Many people are afraid of property prices in Hong Kong that continues to rise every year. It's hard for citizens of Hong Kong to pay a deposit once did," said Tsang. "People expect the government to help them realize tentanh aspiration of home ownership," said Tsang again.

Property prices in Hong Kong rose 15 percent since early 2010. This increase was primarily due to lower interest rates and the purchase of property by rich men mainland. This is what causes the policy matter of property in Hong Kong tightened.

Dubai Marina

2010-10-27T07:24:00.000-07:00

2 Bedroom Apartment for sale 945K Dubai Marina

AED 945,000

Internal Size: 1006 SQ.FT
Location: Dubai Marina
Emirate: Dubai
View: Community

Listing Type: For Sale
Type: Apartment
Property Status: Available

tell a friend

This lovely two bedroom apartment situated just moments away from Marina Mall Address.

Property Overview

This lovely two bedroom apartment situated just moments away from Marina Mall Address. The apartment would be the perfect first time buy for anybody looking to get there foot on the Dubai property market alternatively just as perfect for a landlord looking for a good rental return. The apartment is situated in Tower A of Marina View tower and has all the top of the range facilities anybody would need. Finance for this property can be arranged through Smith & Ken's partnership with Oxygen Home Loans. For more information on this property, please call our Customer Service Helpdesk on + 971 4 439 4300.

Facilities and Amenities

Parking

Fittings and Fixtures

Balcony

One Location, Office Building in Dubai Not Wanted

2010-10-20T19:35:00.000-07:00

CB Richard Ellis Group Inc. released a report on Dubai property. Research institutions that write, some pekantoran building in Dubai has a very poor building construction and have the wrong location. Most likely, these buildings will never be occupied.

"Some buildings will never be occupied because the wrong location, poor quality or have the legal structure of the wrong place," said Nicholas Maclean, Managing Director Middle East of U.S. property broker.

Previously, rampant speculation in the property market after the Government of Emirate Dunai allow foreigners to buy real estate in the region in 2002. Conditions, continued Maclean, encourages buyers who do not have experience in property management to participate gain business advantage pekantoran building property. The result is quite disappointing, in which the buildings seem not much completed and the location is bad.

Not to mention the high level of competition in the area make the building with a strategic location that is not ogled by potential buyers. "The farther the location of Sheikh Zayed Road, the sooner prices fall," said Maclean.

Shares in China's Stock Price Decline After Home Applies Strict Rules

2010-09-03T18:21:00.000-07:00

Unlike with my friends one of his peers, shares in China's stock decline. Even the largest decline in the last week.

This condition occurs after the Xinhua news agency reported that the regulators would set strict rules related to housing price cuts. In addition, Citi Securities issued a statement that the rally that occurred on stocks with small capitalization will soon be over also helped push China's stock movement.

Stocks slumped today, among others, Poly Real Estate Group Co. and Gemdale Corp. with decreased respectively by 1.1 percent.

"We're not going to see impressive growth in real estate sector in the next few years. Because the government would not loosen its policy on the property until there is a decrease in real house prices," said Zhao Zifeng from China International Fund Management Co. in Shanghai.

At the close at 15.00 local time, the Shanghai Composite Index declining 0.6% to 2622.88. Meanwhile, CSI 300 Index decreased 0.7 percent to 2884.04 in which the settlement was led by healthcare and technology-based companies. (Bloomberg / Barratut Taqiyyah / cash)
Stocks slumped today, among others, Poly Real Estate Group Co. and Gemdale Corp. with decreased respectively by 1.1 percent. We're not going to see impressive growth in real estate sector a few years into the future.

Mumbai, India intends Cropping Group International Investment

2010-09-01T23:59:00.000-07:00

Group Mumbai Indian origin interested to invest in Indonesian airports.

Director General of Civil Aviation Ministry of Communications (Kemenhub) Herry Bakti S Gumay admitted that the company has express interest directly last month. The airport is by asking where they can invest their capital.

"We offer at least seven airports that want to promote to them. That is Samarinda, Banten, West Kalimantan, Kertajati and Denpasar. Most of the development was to develop a new terminal," said Herry, Wednesday (1 / 9).

According to Herry, did not rule the government will offer the development of Soekarno-Hatta Airport to the company. Ministry plans to find a partner for state-owned PT Angkasa Pura II (Persero) in developing the airport.

"Until now there is no provision should not be a majority of foreign investors in the investment of the airport. Because after all these airports will still exist in Indonesia, can not they take home.'ll Stay counting only the division of revenue between the two," he explained.

Meanwhile, President Director of Angkasa Pura II Tri S Sunoko confessed middle evaluate the best scheme of cooperation with potential investors the Soekarno-Hatta Airport. To then be submitted to the Ministry of SOEs.

"The possibility of holding company will be formed. Because if the funding side, it would be hard for us to invest themselves," concluded Tri

Consulate d'Saphire Lounge, Airport Facilities New Users

2010-08-24T14:43:00.000-07:00

Over capacity that occurred in the Soekarno Hatta International Airport, with passenger numbers exceeding the capacity of each year, causing inconvenience to passengers.
Saphire Lounge d'Consulate is open to the public and is expected to meet the demanding needs of the Frequent fliers or Rich and Premium which often travel through the Soekarno Hatta International Airport.
- Edyana Paramitasari

Saphire Lounge d'Consulate was present as services that provide and improve passenger comfort in the midst of the density of the number of passengers.

"Over capacity occurs at Soekarno Hatta Airport. The airport only has a maximum capacity of 22 million passengers per year, but must serve 37 million passengers per year. With the over-capacity is highly unlikely to be able to give comfort to the passenger airport," said Tri S. Sunoko, President Director of PT Angkasa Pura II, in a press conference Inauguration d'Consulate Use Saphire Lounge, Tuesday (24/08/2010) at Terminal 2DE Soekarno Hatta International Airport.

Expresses, the presence Saphire Lounge d'Consulate may be one solution to increase user comfort Soekarno Hatta Airport.

Welcomes the positive efforts made by Saphire who collaborate with the Group d'Consulate, in an effort to improve passenger comfort in the midst of the density. "We really are doing optimization, how passengers get comfortable in the solid state, and one of them is the Saphire Lounge d'Consulate this," he said.

Described by Edyana Paramitasari, President Director of PT Angkasa Pura Schiphol, Saphire Lounge d'Consulate is open to the public and is expected to meet the demanding needs of the Frequent fliers or Rich and Premium which often travel through the Soekarno Hatta International Airport.

Especially for members of the Saphire Lounge is a new facility outside the existing facilities of the Saphire program, which is a special parking area, entrance area to the check-in, special check-in counter at the airline to work together, and the immigration process is electronically through the machine Automatic Border Passage.

Saphire Lounge d'Consulate provide specific services, which is a ministry Airlines check-in and baggage handling for airlines that work together, which was conducted in the Lounge, special access to exit or enter the terminal area, and to make payments asitensi Airport Tax and fiscal management.

"This idea of the problem of Angkasa Pura II to deal with over-capacity that occurred. To provide convenience for passengers, where the management of check-in, fiscal, Airport Tax, the trunk is maintained by these services," said the woman.

He added, Saphire Lounge d'Consulate also has various other facilities, such as meeting rooms, business center, and free massages reflexi. "It's free for members will be traveling Saphire. For the general public bears the cost of Rp325.000 nett / pax / visits," he went on to explain.

Intiland Appoints Total Main Contractor 1Park Residences

2010-08-23T21:50:00.000-07:00

Company property developer PT Intiland Development Tbk (Intiland) appoint a national construction services company PT Total Bangun Persada Tbk as the main contractor 1Park Residences apartment building. Total will be working on the construction of apartments 1Park Residences start mid this year with a target completion in mid 2012.

We are committed to making 1Park Residences apartment as the modern high rise residential projects and quality. We believe Total able to help us make it happen by doing construction work according to the quality we wanted.
- Suhendro Prabowo

Signing of memorandum of appointment of Total as a main contractor conducted on Wednesday (18/8/10). As prime contractor, Total charge of all the construction process to finish overall.

Chief Operating Officer and Vice President Director Intiland Suhendro Total Prabowo said he chose because it is one of the leading contractors in Indonesia. Intiland also had some time to work with Total in the construction of a number of projects the company.

"We are committed to making 1Park Residences apartments as one of modern high rise residential projects and quality. We believe that Total was able to help us make it happen by doing construction work in accordance with the quality we wanted. Moreover, previously, we have cooperated several times and the results are in accordance with we wanted, "said Suhendro.

Apartments 1Park Residences is the newest apartment project built Intiland. This apartment is built on an area of 1.2 hectares in the elite, Kebayoran Baru, South Jakarta. 1Park Residences Apartments has 379 units divided into three towers with different heights, each with 22, 18, and 26 floors.

Suhendro explain 1Park Residences apartment building process has successfully completed the foundation stage at the moment. The next stage of the development of three towers at once, plus the construction of supporting facilities such as swimming pools.

"As prime contractor, Total will handle most jobs that include construction of an apartment building, finishing, and installation of pipes or plumbing. We can do the topping off target (closing the roof) in July 2011," he revealed further.

The Company estimates that the entire development process 1Park Residences apartments will take approximately 20 months. The hope is, this apartment units can be transferred to consumers starting in June 2012.

Green Concept

Apartments 1Park Residences is built with a number of advantages, both in terms of concept and facilities. Apartments are located in premium locations and strategically, and have access roads that are very close to the central business district, international schools, hospitals, and shopping centers. This apartment has a concept of nature in modern living, namely the concept of a modern dwelling, undeniably fresh, and green environment is sustained.

Applying the concept of green, 1Park Residences allocated more than 70 percent of the total land area of 1.2 hectares of green areas and facilities. The allocation of open space creates a comfortable residential area and beautiful, in the midst of urban density.

Besides providing a variety of apartment residences 1Park appropriate facilities need modern urban society. With a unique concept where each apartment unit has a private open-air lobby elevator, this apartment also provides a wet kitchen, dry kitchen, and maid's room in each apartment unit. Provision of these facilities to accommodate the habits and needs of the community to residential apartment houses that have functions like a footprint.

Under this concept, 1Park Residences tried to offer comfort and harmonization between a healthy environment, as well as a concept that is more humane residential apartments. This apartment is also equipped with independent water treatment facilities, to clean water or dirty water. While the safety factor, the available facilities 24 hour security, CCTV, video telephone, card access, and the panic button facility and parking area.

Moreover, as attempts to implement green concepts, the company attempted to use most of the maximum quality materials from local market. This principle, in support of carbon reduction ditimbulkandari transport factors across countries.

"It was not easy to apply the principles of green concepts in their entirety. But we will strive to provide the best and maximum. We realize that caring for the environment has become mandatory, and a large flow of a market that must be followed and adhered to all developers," said Suhendro.

From the commercial aspect, 1Park Residences apartment sales have proved a very good response from the community. Until August 2010, already more than 70 percent of the total units of two apartment towers that have been offered are sold.

Management believes sales Intiland 1Park Residences apartment project would reap a huge success. Following the success of the sale of tower A and B, the company plans to immediately market the tower C on this year.

1Park Residences apartments built with great attention to optimizing the space and functionality. Each tower apartments are uniquely designed and intelligent, so that almost all units of apartments offering views on three sides.

This apartment offers a wide variety of different types based on the unit. Type the two bedrooms has a spacious 91.5 square meters, while the unit with three bedrooms covers 138 square meters.

Intiland is a leading property developer in Indonesia, with nearly 40 years of experience. Listed its shares on the Indonesia Stock Exchange since 1992, Intiland known as an innovator and originator of the trend in the Indonesian property industry.

In recent years, many buildings Intiland develop into a national icon, through Intiland Tower is the pride of two buildings in Jakarta and Surabaya, designed by Paul Rudolph and The Regatta, a luxury waterfront condominium in Pluit, North Jakarta, designed by Tom Wright (designer of the Burj Al Arab).

Development of the main residential areas in Surabaya, Graha Family has become one of the most prestigious residential area. Currently, Intiland has diverse property portfolio of products, including residential areas, office buildings, apartments, building management, industrial areas, and management of sports facilities and golf. Intiland has become a property developer with leading lifestyle concept.

Buy Lippo Group in Singapore DBS Tower 1 and 2

2010-08-19T04:17:00.000-07:00

Overseas Union Enterprise (OUE) owned by the Lippo Group, has just bought DBS Towers 1 and 2 with a value of 870.5 million Singapore dollars, or about 970 Singapore dollars per square foot. (1 square foot = 0.0929 m2). It became the largest commercial property deals in Singapore this year, since the year 2008.
Purchase DBS Tower 1 and 2 in accordance with our expectations to increase the value of company assets to about 10 billion Singapore dollars in five years to seven years into the future.
- Stephen Riady

Both towers are located at 6 Shenton Way No. It can be turned into mixed retail and office center. Plans to increase the quality of some property assets is still studied.

The Business Times on Thursday (12/8/10) reported, OUE announced the purchase after the stock market closed yesterday. The purchase cost of using internal funds and debt, which will be completed in September or October. The seller is a Goldman Sachs real estate fund, which is likely to reap big profits.

The largest office building sale agreement previously occurred in early 2008 before the global financial crisis exploded. This includes the sale of Singapore Power Building at Somerset Road with a value of 1.01 billion Singapore dollars, or about 1836 Singapore dollars per square foot.

Speaking with The Business Times, Executive Chairman of OUE Stephen Riady said the purchase of DBS Tower 1 and 2 in accordance with hopes to increase the value of company assets to about 10 billion Singapore dollars in five years to seven years into the future. Until June 30, assets of the company reached 2.93 billion Singapore dollars.

Both towers have been leased out to 99 years was worth approximately one billion Singapore dollars, and they now still have the right to lease for 56 years. The towers were leased to tenants such as DBS Bank, Deloitte & Touche, and Aviva.

OUE is considering several options to improve the quality of the building. "We're not going to buy lots of assets and not do anything with it ... We see a lot of value can we create in the next few years," says Stephen Riady.

"OUE can create more area that can be leased on the second tower. Although the Lippo Group has a region with gross floor area of about 1.24 million square foot, but the amount of revenue derived only from an area of 883 000 square foot," he said.

"The first floor can be built into the retail space, and offices to take his side," Riady said. "This is only one possibility. We have a number of options we're studying," he added.

Market observers suggest that OUE build residential projects in the same area. Number of condos in Tanjong Pagar growing in recent years. The last condo was launched in Shenton Way No. 76 which sold quickly at a price up to 2,000 Singapore dollars per square foot.

Cushman & Wakefield managing director Donald Han says OUE may consider rebuilding DBS Tower 1 into a residential-retail project. OUE can maintain DBS Tower 2 as a block of offices but also increase the amount of space.

Donald added if OUE get approval from local authorities on time, OUE can start launching the sale of residential units before the year 2012, when DBS began preparing the room emptied and moved to the Marina Bay Financial Centre.

Stephen Riady said the improvement of asset quality is applied gradually, while OUE also benefited from rising rents office space in both towers after the leasing market continued to waver.

According to Executive Director of CB Richard Ellis (CBRE) Jeremy Lake, rents at DBS Tower 1 Singapore about five dollars per square foot, while rents in Tower 2 of about 6 to 6.5 Singapore dollars per square foot. "This price could increase by around 10 percent until the end of this year, following the office market recovery," said Jeremy.

OUE has something encouraging yesterday after the company booked net profit of 16.7 million Singapore dollars in the second quarter, in contrast with the situation last year where OUE loss of 47.8 million Singapore dollars.

Higher revenue from the hospitality business and the contribution of the New Mandarin Gallery, recorded a profit.

Li & Fung Siapkan 901 Juta Dollar AS, Akuisisi IDS China

2010-08-17T21:25:00.000-07:00

Li & Fung Ltd., the company's largest retail suppliers in Hong Kong, set aside HK $ 7 billion or equivalent to 901.06 million U.S. dollars for the acquisition. They will buy shares of Integrated Distribution Services Group Ltd.. (IDS), a company engaged in the same field from China.

During this time, Li & Fung is only supplying to large retailers, like Wal-Mart Stores network. Through this acquisition, Li & Fung can expand its distribution network in China. This step could also boost its revenue contribution from China and Southeast Asian markets to be 12 percent.

President of Li & Fung Ltd., Bruce Rocowitz, said the revenue contribution from Asia has only reached 2 percent of total revenue last year. "Hence, we are also targeting the Japanese market," he added.

IDS has a network that reaches 150 cities and has 10 000 outlets across China. If this acquisition is smooth, Li & Fung got a splash of China net profit 30 million dollars, with total sales of 1.8 billion U.S. dollars.

Hotel Taj Mahal Palace Ready to Receive Guests Sunday

2010-08-13T02:43:00.000-07:00

After 18 months of closing because of helter-skelter by the Islamic militant attacks, the Taj Mahal Palace Hotel finally officially reopened on Thursday (12 / 8). Buildings have historical value of this 107-year-old will receive a guest requests since Sunday, when the Indian independence day celebration.

No less than 1.75 billion rupees, equivalent to U.S. $ 50.9 million has been digelontorkan by the government to repair and restore buildings that diberantakkan by Islamic militants.

Anil Goel, Executive Director of Finance, Indian Hotels Company, which has the Taj Mahal Palace states, in part financing the construction of the hotel is also supported by the insurance that is 1.8 billion rupees.

Ratan Tata, head of Tata Group, was not behind posing under a very iconic red dom with the Islamic militants who berjibaku with law enforcement.

Hotel Okura Master the Majority Shares in JAL Hotels

2010-08-07T01:19:00.000-07:00

Hotel Okura Co.., Ltd.. ("Hotel Okura") on Friday, August 6 announced that it has signed an agreement with Japan Airlines International Co.., Ltd.. ("Tears") to acquire 79.6 percent of shares issued by JAL Hotels Co.., Ltd. ("JAL Hotels") which is held by Jali.
Destination Hotel Okura is to strengthen the global competitiveness and strengthen its position as a global hotel chain that originated in Japan as well as to contribute to Japan's hotel industry.

Destination Hotel Okura is to strengthen the global competitiveness and strengthen its position as a global hotel chain that originated in Japan as well as to contribute to Japan's hotel industry.

This company primarily operates in Japan and other regions of Asia, and strive to be number one hotel in each destination.

JAL Hotels is a leading hotel chain operator Jepadng who owns the best selling and leading the network. Hotel chains have made his reputation abroad, especially in developing Asian markets, with the best quality.

Hotel Okura and JAL Hotels, which showed a similarity to each other as partners who share the company's direction and vision, hoping that a strong business synergy arising from the alliance through the transactions described in this announcement will not only deliver the good in terms of groups, international competitiveness and enriching human resources, but also will produce a variety of positive effects in areas such as marketing, business development, further expansion of existing training programs, share information and increase overall brand value

This is an acquisition of shares entirely in cash to acquire 6.8 million shares (79.6%) which is currently owned by Jali. Implementation of the agreement over shares of August 6, whereas the transitional period on 30 September 2010.

As a result of the transactions described in this announcement, JAL Hotels and Hotel Okura will partner to establish a cooperation framework. Hotel Okura believe that by combining a "guest house in Japan" with "wings of Japan," he was prepared to be the only hotel chain in the world that offers hospitality, comfort and service Japanese hotel.

In addition, after the acquisition, the Hotel Nikko and Hotel JAL City will continue using its name. Various programs, gift certificates, coupons and other marketing programs associated with the distance JAL will also continue.

Industrial Property in Hong Kong Prone Bubble

2010-08-04T21:25:00.000-07:00

Chief Executive Officer of HSBC Holdings Plc, Peter Wong assess, at this time, the property industry in Hong Kong are at risk for bubble occurs when prices continue to increase. According to him, property prices in Hong Kong has reached its highest level.

"If this situation continues, it is quite likely will cause a bubble," he told Bloomberg. Currently, the Hong Kong government was working to cut home prices by 42 percent. The reason, many lower middle who can not afford to buy homes.

Based on data released by Jones Lang LaSalle Inc., home prices in Hong Kong is likely to increase by 10 percent in the second half of this year if interest rates are still low and the economy grows

UK House Prices Down In July

2010-07-30T08:37:00.000-07:00

UK house prices in July fell for the first time since February last, from an average of 170 111 169 347 Pounds to Pounds.

According to a study by Nationwide Building Society, house price declines of about 5 per cent inflation that shows the average house price in England in July fell 6.6 percent from the previous position which amounted to 8.7 percent.

"So far this year housing demand is still smaller than the demand last year," said Nationwide chief economist Martin Gahbauer.

Gahbauer added, although the government has provided incentives and benchmark interest rates too low, but home sales and purchase transactions that occurred in the whole of England still counted little. "The financial crisis and the recession that occurred in the UK still seem burdensome to the community," said Gahbauer.

This has obviously resulted to the financial condition of the community. Where, only rich people are likely still active trade. "The reason most people still resist the temptation to buy a house, due to the economic situation that still beset the uncertainty," said Gahbauer.

Ring Road in the Autonomous City of Cape Flower Built

2010-07-21T21:38:00.000-07:00

2.5 kilometer-long road that runs from beside the Trans Losari translucent Studio will be built with block paving construction 20 meter wide boulevard design.

"Construction of roads in the CPI has been started and conducted in accordance with preliminary design," said Head of Spatial Planning and Housing (Tarkim) of South Sulawesi, Sharif Burhanuddin, in Makassar, Wednesday.

2.5 kilometer-long road that runs from beside the Trans Losari translucent Studio will be built with block paving construction 20 meter wide boulevard design.

Tarkim Department as a person in charge of infrastructure development, managing budgets Rp7 billion on a special 2010 budget Sulsel to build roads in the area that would later become New Losari.

Sharif said that the development path aimed at both interesting and open access for investors to invest in the area of the CPI. In addition, she said the road will become the new tourist resort for the people of South Sulawesi, as well as running sports facilities while enjoying the sunset (the sunset).

In the area of the CPI, will be constructed for the New Karebosi (New Karebosi) with an area of 16 hectares, or about twice the size of the field Karebosi now, Government House, the Mosque Asmaul Husna, and various modern facilities.

Previously the Chairman of Commission D of Parliament of South Sulawesi, Hery Suheri Attas criticized because it assessed Tarkim Office is slow in following up on the ring road which is located coastal area of Tanjung Bunga grow soil.

According to him, the land passed by this street is in already dikapling design community, so Tarkim must liberate the land back. Commission D said he would not tolerate the construction of roads which deviated from the initial concept.

Lease Rates Rise Mall Average 9 Percent

2010-07-20T07:05:00.000-07:00

Rising electricity basic tariff (TDL) would come raise a number of mall rental rates and service charges.

"The rental fee mall will increase on average by 9 percent due to increase in TDL," said Chairman of the Association of Indonesian Shopping Center Manager (APPBI) Stephanus Ridwan, Tuesday (20 / 7).

This is similar to the count of the Head of Research Jones Lang LaSalle Anton Sitorus which shows no signs of trend decline in mall rental rates in the second half of this year. Section, during the past year to first quarter, rental rates have experienced a trend decline in the mall to 10 percent. Now, in the second quarter of this year, rental rates have started terkerek mumbul mall.

In addition to the rental rates go up, the retailers likely will also change its rate fix. For example, current rental retailer set a fixed rate of U.S. $ 8,000, then that number will increase to U.S. $ 9,000.

In addition to a mall rental rates rose, tariffs, service charges will also rise. Only, the rate increase service charges every mall is different. Stephanus count, increase in service charge rates between 12 percent and 20 percent.

Leading Hotels of the World Will Open Second Hotel in Singapore

2010-07-17T04:47:00.000-07:00

International hotel chain Leading Hotels of the World (LHW) will open two luxury hotels in Singapore. The hotel is scheduled to operate this 2010 year end, but time must not be confirmed.

LHW hotel which currently operates in the new Singapore Capella Singapore, a luxury resort on the resort island, Sentosa. But worldwide, LHW network totaling more than 450 hotels, resorts, and spas.

Capella Singapore luxury resorts opened early in 2009, is located at more than 12 hectares of land on the island of Sentosa. This reflects the luxury resort because many luxury elements ranging from fine-dining to recreation and health here. This makes the resort is the main goal for a wedding and honeymoon with a very romantic atmosphere.

Leading Hotels of the World mentions, in the first six months of 2010, branding and marketing of the resort Capella helped generate sales worth 2 million Singapore dollars. This figure increased by 53 percent per year.

Philip Ho, vice president of The Leading Hotels of the World Asia Pacific said it plans to make new ideas for guests, including Leaders Club Reward, namely those who stay five nights, will get one night free.

"We also increased our sales in Asia Pacific," said Philip.

LHW group is now seeking new locations in the city center for their second hotel in Singapore.

LHW said the new hotel will have the same quality with the Capella, which offers guests a unique experience for high-end class.

This group saw opportunities in Singapore, which recorded a record number of tourists after the Marina Bay and Sentosa Resort opened.

LHW group reached 28 million U.S. dollars from 60 luxury hotels in Asia.

24 Multinational Companies Move Headquarters to Shanghai

2010-07-15T04:46:00.000-07:00

The Walt Disney Co., Kraft Food Inc., and Novartis International AG including 24 multinational companies that decide to move their regional headquarters to Shanghai, China.

Multinational companies, including six of them entered the Fortune Global 500 list of the world, get a certificate to move their regional headquarters to Shanghai.

Currently the total number of multinational companies headquartered in Shanghai, 795, including a regional research and development center. These conditions make the status of Shanghai as a major destination for multinational corporate headquarters.

"Growth of foreign firms is a recognition of the conducive investment climate for foreign investors in Shanghai," said Sha Hailin, Chairman of Trade Commission of Shanghai.

"This is a special moment when the World Expo held in Shanghai. This exhibition is more and more foreign people aware of the potential of Shanghai, "he continued.

During the global economic decline, foreign investment in Shanghai increased 4.5 percent compared with a year earlier (2009), which reached a record 10.5 billion U.S. dollars.

In the first six months of this year, foreign investment in Shanghai reached 5.4 billion U.S. dollars, according to the Trade Commission of Shanghai.

Accumulated foreign investment in Shanghai from carrying up to 110.7 billion U.S. dollars. This figure makes Shanghai the third city in China foreign investment-friendly, after Guangdong Province (230 billion U.S. dollars) and Jiangsu Province (200 billion U.S. dollars).

Paragon Hotel Solo in Solo, Central Java, began operations in August. Four star hotel located in Jalan Dr. Soetomo, Solo City, will be managed by Tauz

2010-07-13T01:09:00.000-07:00

Paragon Hotel Solo in Solo, Central Java, began operations in August. Four star hotel located in Jalan Dr. Soetomo, Solo City, will be managed by Tauzia Hotel Management. During this Tauzia known manage Hotel Harris.

Location Solo Paragon Hotel near Jalan Slamet Riyadi, the main street of Solo which is identical with cultural attractions and tourism activities along the road. ?
"Solo Paragon Hotel & Residences is a modern accommodation combined with a strong character of the city of Solo with tradisonalnya culture," said Hengky Tambayong, General Manager of Paragon Hotel & Residences Solo.

The hotel has 237 rooms, including 31 suites, a lounge with live music, an international restaurant and bar, four meeting rooms, and the main ballroom that can be a capacity of 1,500 people, service spa and fitness center with three on three basketball courts. Furthermore this hotel has a resort-style swimming pool and Nemo Kid's Club for children.? All the rooms are equipped with LCD TVs, air conditioning, mini bar, coffee and tea facilities, safe deposit box, free internet access.

Treasure On Balmoral, Luxury Investments in Singapore.

2010-07-02T02:48:00.000-07:00

Limited is a luxury, and also can mean big profit. Maybe that's an appropriate expression of property investment in Singapore. With a small land area, but will be solid business activity, making people more willing to sacrifice their money to be able to 'shelter' of this multicultural land.

A survey of even saying that, this year it will be no increase in the total population of 500,000 inhabitants, the majority due to the arrival of businessmen from all over the country. This property menigindikasikan demand will also increase.

Meanwhile Vibizconsulting CEO, Alfred Pakasi said that investment in property is a wise and profitable option considered stable, simple, but has a very attractive rate of return. Especially when these investments are made in areas such as rare in Singapore.

Alfred added that the investment in this sector, promising at least two advantages, namely an increase in asset value and income benefits (income) that exceeds the cost of credit and taxes.

"Singapore's property market is rising dramatically, as part of the economic recovery phase. So, this is the right time to use the investors "he said.

Moment is utilized by real estate mega-developer HSR Realtors Ltd to develop a luxury residential heart of Orchad Road, 10 district centers,? named "Treasure on Balmoral".

Luxury apartment which only has 48 units, first launched in Jakarta on Friday (21 / 5) with consideration to meet the high demand in Indonesia will be properties in Singapore. This is as stated Head HSR Project, Dennis Young.

Excellence?
Dennis explained that the apartments are built with attention to details the location, architecture and various facilities in the surroundings.

Two blocks of three and four bedroom units, which are equipped with private elevator and indoor and outdoor dining area in a unit big enough and broad and wide balconies.

For fitness enthusiasts, provided a modern fitness center with complete facilities and gorgeous scenery.

He also explained that this property is located close to various prestigious club for families and educational institutions who have a good reputation in Singapore, such as the Chinese International School and Anglo Chinese Primary School.

Leisure Investment?
Dennis explained further that the increase in property prices in Singapore quite high, about 10% to 20% per year. with the level of rental rate (profit rent) of about 5% per year.

Also in the Singapore property can be sold in the form of property or leasing. The status of property rights allows property allows the owner to take control of the eternal, while providing property leasing transactions during the leasing period. After a period of leasing, both the rights of property ownership and interest back into the hands of the state.

Added to him, since 2005 foreign citizens are given the opportunity to buy an apartment without having to obtain approval of the authorities in Singapore, known as the property of Strata-Property (Strata-titled properties). Besides the property owners were also given a visa facility for a period of five years.

"We're open. Singapore does not distinguish between local with foreign nationals "he emphasized.

Investment Security?
According to Dennis, there are several reasons why foreign investment like in Singapore. First, the certainty of law in this country is clear, and transparent. And Secondly, social conditions, economic and political is very stable. Security of investorpun supervised and guarded by the Supervisory Authority Property (Building Control Authority) of Singapore.

Price and When?
48 units were offered at prices starting at Sing $ 4.35 million, with a DP of 5%. And within eight weeks of payments has reached 50%. This property development has started in December 2009, and will be opened in the upcoming July 2013.

Marina Bay Sands Alloy Art and Beauty at Singapore

2010-06-29T21:01:00.000-07:00

Singapore, the metropolis renowned as a shopping paradise now have a new tourist location with attractive facilities. Carrying the concept of integrated area, the Marina Bay Sands offers entertainment, lifestyle, art and business together in a region. Landmark building in the heart of Singapore's central business district is a tourist destination with luxury hotel facilities, theater, shopping and dining center of this region best. Plus museums, and convention hall, as well as world class entertainment center.

Do not simply indulging travelers with complete facilities, the Marina Bay Sands also has a unique artistic design of the building and SkyPark Sands icon that represents the crown of three towers of Hotel Marina Bay Sands. Unmitigated, renowned architect from Boston, was asked Moshe Safdie designed the building.

From Sand SkyPark our Singapore city tour to see the landscape from a height of 200 meters. Visitors can walk around town to see Singapore through a 360-degree view and taste the various cuisines at the restaurant. Green gardens and swimming pools sectional not become another attraction at Sand SkyPark. Just so you know SkyPark Sands cantilever may be the largest public park, swimming pool, pavilion, and restaurant area of 1.2 hectares, enough to park four half-jumbo Airbus A830 jet plane!

For lovers should not miss trying the culinary cuisine at a restaurant chef Justin Quek The Sky at Sands SkyPark. This Singapore-based chef is one of the seven leading celebrity chef Mario batali apart (New York), Santi Santamaría (Barcelona), Guy Savoy (Paris), Daniel Boulud (New York), Wolfgang Puck (Los Angeles), and Tatsuya Wakuda (Sidney ) ready to create culinary magic in the Marina Bay Sands. In the hands of chefs who have had experience cooking at Les Amis Group, Singapore's distinctive culinary menu and Asia will be mixed with a touch of classic French cooking techniques.

Hotel Marina Bay Sands, which consists of three towers to support the Sands SkyPark no less admirable. From hotel rooms to 2561 rooms and suites, you can enjoy spectacular views over the South China Sea, Marina Bay, Singapore or the city horizon. The architectural design is quite unique even this 55-story tower with inclined and the legs together on the floor 23 to form a single building. Even in a hotel tower, reaching 26 degrees inclination, making it one terumit hotels under construction.

Just sitting on a bench or dining in a restaurant that is available in the hotel foyer atrium and into other options to enjoy the atmosphere in times of morning or afternoon. Design hotel makes much use of glass material incoming sunlight freely. Despite abundant sunlight but do not have to worry about overheating. You may even be felt in the middle of the park which is cool. Because, in the hotel atrium pottery vessel placed as high as 3 meters to accommodate a tree in every vessel that creates a canopy of trees. Not just any vessel, 83 pottery vessels coated with ceramic and glass sculpture is an artist Chongbin Zheng. Zheng, dubbed the work of the Rising Forest is one of the art in the Marina Bay Sands path which decorate the interior and exterior of the hotel.

Still in the atrium of the hotel, you can also see art works of artist Antony Gormley path titled Drift. Drift is a stainless steel matrix polyhedrosis which has three dimensions. Unmitigated, Gormley using steel rods and 16 100 more than 8320 steel knot to make monumental works. Drift-like clouds with dimensions of length 40 meters, height of 23 meters, 15 meters wide and hanging in the air between 5 and 12 floor atrium of the hotel tower.

Moving out of the hotel do not miss seeing art work of other paths that are not less admirable. This time you can see the madness of the artist Ned Kahn for his work on Wind Arbor. Ned Kahn's work is most visible and largest among the nine works of art other path. Ned Kahn stringing 260 000 "wings" of metal aluminum that covers the entire front of the building west of the hotel atrium and around the cooling tower at the north end of the building.

Ned Khan's work as high as 15 meters on the north end and grow to 55 feet at the south entrance will be seen shimmering reflected light when the "wings" move aluminum. With an area of 6800 square meters, Ned Khan's work is broadly equivalent to five and a half times the size of Olympic swimming pools.

About Megah

Besides bagunan hotels, Marina Bay Sands is located in the heart of Singapore's business center did not seem to want to half-a half to establish as a new icon in the country. Of the buildings that not only functional but also valuable artistic flavor to the completeness of the majestic world-class facilities available here. Just look at Sands Expo and Convention Center located next to Hotel Marina Bay Sands. The five-storey exhibition building with meeting space of over 120,000 square meters are able to accommodate up to 45 000 delegates and 2,000 exhibition stands and has a meeting room 250 claimed to be the largest convention and exhibition venue in Southeast Asia.

For business entertainment in the near Marina Bay Sands will also finalize the construction of two buildings that theater Le Sands Theatre and Theatre. Even world-class performances have been planned to appear at the Sands Theatre by renowned Broadway musical The Lion King will perform at the Sands Theatre in late 2010. If so show, The Lion King will be a long stage of the first Broadway musical in Southeast Asia. Reportedly both the theater building at Marina Bay Sands is able to accommodate about 4000 spectators.

For those of you geeks games Roulette, Blackjack, Baccarat, Poker, and Sic Bo do not worry. No need to go all the way to Macau or Las Vegas for your hobby. Simply come to Singapore and feel full and luxurious Marina Bay Sands Casino. The players and Paiza premium members have access to exclusive game in more than 30 private game room. Ruby Room is one of the private game exclusively for invited guests who meet the criteria.

Casino games with four floors covering 15 000 square meters has over 600 table games and more than 1,500 gambling machines. Complete facilities, easy access, and offered a different sensation Marina Bay Sands became a new tourist icons to be reckoned from across the country.

Students Aim Pinewood Apartments

2010-06-25T02:22:00.000-07:00

Pinewood Apartments to be built in the area Jatinangor, Sumedang, West Java, aimed at students as the primary market because of its location close to a number of campuses.

"We're still waiting for his IMB," said Deny Morand, public affairs manager of Pinewood, a company that would build the apartment, in Bandung, on Tuesday. Apartments will be built on an area of 500 sq. meters behind Jatinangor Town Square.

According to him, the students become their main market, although the manager did not cover the viewfinder nonmahasiswa likely to become consumers of the nineteen-floor apartment.

Deny Morand said Jatinangor selected for the establishment of the apartment because they want the existence of a residential complex becomes an ideal place in the region. "In marketing this would be a good investment because it is close to campus," she said.

When asked for feedback from the community towards the apartment building, Deny claimed to have received good response since socialization is carried out in May 2009.
Meanwhile, Ria, Padjadjaran University student, says, does not agree with the construction of apartments in Jatinangor.

According to him, development is not needed in Jatinangor apartment. "Why would an apartment? The future will be increasingly visible gap Jatinangor community," said Ria.

SkyPark Marina Bay Opened Thursday, June 24

2010-06-19T08:40:00.000-07:00

The Marina Bay Sands SkyPark Singapore will be opened to the public Thursday (24/06/2010) future. You can not wait to enjoy an atmosphere at the roof of the building can start to book a ticket from now. Integrated resort is to sell only 500 tickets on opening day.

Located 200 meters from the ground, SkyPark are in the top three hotel towers of Marina Bay Sands.

Besides enjoying the panoramic view of Singapore from the top of the building, visitors can also play audio guide complements. They can also be photographed by a photographer around.

Observation Desk is open daily from 10.00 until 22.00. Tickets sold for 20 dollars in Singapore, and the public can purchase tickets online from the website.

Starting June 25, audiences can buy tickets from the box office located at the Marina Bay Sands Hotel Tower 31.

After the first day, the tickets sold for 20 dollars for adults, 14 dollars for children aged 2 years and 12 years, and 17 dollars for the elderly aged 55 years and over.

Retailers Can not Demand Orchard Road Mall

2010-06-18T23:07:00.000-07:00

A number of retail business in Orchard Road, Singapore, must bear their own losses from flooding this week Wednesday.

The owner of the shop in the basement of Lucky Plaza suffered the biggest losses. Half a day after flash floods occur, they are still cleaning the store and count the losses.

Several store owners said it several times, flooding occurs in the area of Orchard Road, but flooding in June was the biggest in 20 years.

Helen Tan, Managing Director of the All Watches, said, "Flooding is not the first time, very bad, and this is worst than the previous flood. Every year floods occurred twice in Orchard Road ...."
I am sure must have damaged parquet floor. We're still waiting for a contractor who will fix this. Possibilities we have to spend thousands of dollars for these improvements.
- Sunny Ng

Kartini Indrawati, Tunggal Eka owner of Enterprise, said, when flooding occurs there is no business transaction. "We lost all merchandise worth more than 1000 dollars, the human resources of about 300 dollars, 500 dollars and rent. So when the flood occurred, we experienced a 2000 dollar loss," said Kartini.

The other shop owners reveal, the greatest damage comes from the cost of replacing the carpets, furniture, and merchandise. Sunny Ng, Managing Director of the All Watches, said it could not do business throughout the day when a flood struck the Orchard Road. "I believe parquet floor must be broken. We're still waiting for the contractor who will fix it. Possibly we have to spend thousand of dollars for these improvements," he explains.

Elton Chow, owner of Stitchwell Clothiers, adding, "We were not able to claim. None of which can be claimed. We've tried before, and when they come see our store, they (the association) says only minor damage. You can not claim .

"The store owner can not ask the mall management to help finance the improvement," the official said Orchard Road, Business Association, which urged the retailers manage their insurance immediately.

Sng Ngoi May, Chairman of Orchard Road Business Association (New Order), said the heavy rain was the worst ever in mind and this resulted in malls. If the damage included in the premises, retailers should submit to their insurance losses.

Pop Harris, Brand New Hotel of Tauzia

2010-06-18T02:37:00.000-07:00

Tauzia Management, a hotel manager of the Harris brand, on Thursday (17/6/10) launched a new brand of Pop Harris.

Hotel Pop Harris is a two-star hotels are packed into a budget hotel (budget hotel) that provide satisfactory service for guests. Pop the first Harris will operate in Denpasar, Bali, September 2010 this.

President Director Marc Steinmeyer Tauzia Hotel Management on Thursday (17/6/10) revealed that Harris deliberately Pop design with shades of pop that sounded at ease. This pop-style design is made with the test repeatedly until they feel fit.

"Pop Harris built with the principles of efficiency and eco-friendly. Not only the building design, but also on the bed, shower, toilet, and roof of the hotel building, "said Steinmeyer, who has been poor across the world of hospitality.

Target market is businessmen Pop Harris who often travel (business travelers), family and sports associations in the various branches of sports are held in many cities. "Essentially Pop Harris guests easy living," said Steinmeyer.

Two star hotels which became competitors Pop-Harris, among others, Formule 1 (Accor Group) and Amaris (Santika group).

"But we have a surplus, from king-size bed, a relatively affordable prices (Rp 300,000-an), easy booking, facilities, free wifi, free cable TV (60 channels), security with CCTV. Hotel guests also get breakfast in the form of rice or rice jinggo bogana, "adds Christophe Glass, Director Tauzia.

In the next two years, will open a number of hotels Pop Harris. First in Denpasar, Bali (September 2010), after the Bandung, Semarang, Makassar, Surabaya (2011), Jakarta Airport (2011), Manado (2011), Kuta Bali (2011), Denpasar Jl Cokroaminoto (2012), and Yogyakarta ( 2012).

"According to Glass, the tourism industry in Indonesia continues to grow, and many hotels needed. "People need a place to stay that is not too expensive, but still clean and have wi-fi facilities and an international television channel," he said.

Property business will suck 6 Billion U.S. Dollars a year

2010-06-15T05:41:00.000-07:00

Indonesia will make property law in line with neighboring states by allowing a foreigner own property in their countries.

Editorial Manager Oxford Business Group (OBG), Josh Frankan in a press statement here on Tuesday, said the purchase of property by foreign citizens in Indonesia will open up opportunities for the rapid growth of this sector so as to produce a large income.

He added that the property business will run more conducive to suck up forecasted foreign funds amounting to 6 billion dollars per year.

"This encourages the property industry to grow better, if the government intends to open the door for foreign investors," he said.

Penananman Coordinating Board (BKPM) said Gita Wirjawan, a plan to end the ban property ownership by foreign entities in the country would loosen restrictions on foreign investment in some industries is considered as an effort to provide added value and pave the way for foreign ownership of property.

New rules open up opportunities for foreigners to buy property in land both residential and commercial water will come out around the end of the second quarter of 2010 or less over the month in June, he said.

Meanwhile, Managing Director of Paramount Serpong Tanto Kurniawan said the market would open up to strangers and this is a recovery period which would exceed the expectations of the stakeholders in the industry. "If this happens, the property prices in the country is relatively cheaper," he said.

Procon Indonesia president director, Lucy Rumantir said the government must take certain steps to protect consumers, if the government intends to open the door to foreign investors.

Lodha Group Build World's Tallest Apartment in Mumbai, India

2010-06-11T20:59:00.000-07:00

World's tallest residential tower will be built in Mumbai, India. Lodha Group is headquartered in Mumbai will build 117-story skyscrapers in the area of 17 acres (68 796 square meters) in Lower Parel in the heart of the city. Height reaches 442 meters so that it will beat the highest in the Australian residential building (323 meters). In this tower will be built also 276 luxury apartments.

This building will become an icon and a symbol for Mumbai Indians in the stage of global economy and culture, said in a statement issued by Lodha Group.

Lodha Group appointed architects Pei Cobb Freed and Partners with offices in New York, United States, to design the world's tallest residential tower was. Architect's office was already designing the Louvre Pyramid in Paris, the Bank of China Tower in Hong Kong, and the John Hancock Tower in Boston, United States.

Between the two-acre (8 093 m2) and a three acre (12 140 m2) will be reserved as open space. Construction of this building is expected to begin within the next few months and will be completed in 2014.

"Through partnerships with architects, designers, and engineers globally, we aim to bring Mumbai to a landmark that can give an illustration of the spirit always fly to Mumbai for higher ground through hard work and strong desire," said Abhisheck Lodha, director of Lodha.

Residential property prices in India continue to increase, especially upscale apartment in great demand. The company is negotiating with foreign and local financial arranger for the fund this project.

"This massive project is certainly very expensive. We anticipate the demand for individuals with a valuable network, "said Yashwant Dalal, president of The Estate Agents Association of India.

The project also includes building luxury villas with private pool, high-end shopping centers and office buildings. Some buyers already booked a place before the official launch scheduled for the end of the month was held this June.

Pawan Swamy, managing director of Jones Lang Lasalle Meghraj in western India, a global real estate consulting firm, said the developer Lodha has permission to build similar projects in the area they had just the acquisition, which is in Wadala.

Anand Gupta of the All India Builders Association of India said that all Indians should be proud of this project. "This is a symbol of development and progress of Mumbai," he added

Foreign Nationals Can Buy Commercial Flat

2010-06-09T22:20:00.000-07:00

Foreign nationals not only have houses and apartments, but also the alias apartment towers. Only, they can only master the towers of commercial species only.

Foreign ownership rules are embodied in the revised Act (Act) No. 16 of 1985 on the Flats. Obviously, there are several conditions that must be fulfilled citizens of another country before purchasing the towers.

Vice Chairman of the Commission on Housing (V) Mulyadi said the foreign ownership provision is based on the Basic Agrarian Law, which only foreigners can own towers units only. "He just has a course unit, the land is not," he said, Tuesday (8 / 6).

So also with the period following the ownership rules in the Basic Agrarian Law, the foreigner may only have use rights for 25 years. But, it can be extended up to 20 consecutive years and 25 years.

However Mulyadi said, there is a minimum price limit commercial towers that can be purchased by foreigners. Later, this provision will be regulated in more detail in the government regulation (PP) as derivative products Flat Act.

Hitech confirms that foreign ownership of commercial towers unit can be transferred or transferable before the rights expired life time. Parliament would adopt the prevailing concept of diversion in Australia. At Kangaroo's Affairs, the foreign-owned property should not be sold to foreigners, but must dilego to an Australian citizen. "The details set out in regulation," he said.

Notes only, the revised Act would divide residential Flat is tall in three categories. First, commercial towers for middle to upper income people. These towers can be traded as a commodity with prices following the market mechanism.

Second, the towers or the general public convenience facilities and construction get government assistance. That way, the selling price affordable by the lower middle income people. These towers may be transferred on the condition, for example, after five years.

Third, special towers for temporary shelter. For example, halfway house, rental towers, and towers like a student dormitory rent free or public servant

Foreign WN Even More Like Hiring Foreign Ownership Rules Revision

2010-06-07T23:19:00.000-07:00

Foreign nationals may not be interested in buying property, especially for apartment units in Indonesia, although the rules of ownership so the government revised. "Foreigners prefer to buy rather than rent housing," says property expert Tony Eddy in the discussion on property ownership for foreigners in Jakarta on Thursday.

Tony says, foreigners usually do not bother they've rented an apartment units through the company where he worked. "They do not want to take risks had entrusted money to developers but promised apartermen units not being done," he said.

According to him, even if foreigners usually have to buy an apartment is usually a second hand (secondary) rather than an apartment first hand (primary).

Tony says, if in Singapore there is no guarantee for the people who buy apartments for that money will be refunded the money was not paid to the developer, such as Indonesia, but placed direkening shelter (escrow account).

Meanwhile, property law expert, Erwin Kallo said, learned of the property sold in Singapore apartment building just to be different with Indonesia which attach earth elements.

"So in Indonesia, which sells for an apartment that has the status of property rights, the public rarely interested in an apartment with a status of use rights," he explained.

According to him, with clear regulations in Indonesia may not foreigners buying property because it uses proprietary and may not sell the property with different certificates.

"If wearing a foreign property to also not be applied because it clashes with the Constitution which states 'land and wealth in the countries it occupied and used for the prosperity of its people'," he said. "If this is opened, the alien will be free to own land in Indonesia including the islands," explained Erwin.

He suggested, if it wants to make better regulations on procedures for foreign nationals who would buy an apartment in Indonesia. "Be more specific," he said again

China Tianyu Group Build Luxury Housing Near Incheon Airport Korea

2010-06-01T21:20:00.000-07:00

South Korea signed an agreement worth a billion dollars with China's investment group to fund housing projects for foreign residents near the international airport in Incheon, a promotional agency said.

Trade and Investment Promotion Institute, South Korea (Kotra) said it will sign an agreement in Shanghai with China Tianyu Group, which plans to build housing near the center of South Korea's main airline, west of Seoul.

"South Korea is the only recipient of 160 million dollars from China's overseas investments worth 43.3 billion dollars in 2009, but the country has the capability to attract larger funds," the President said Cho Hwan-oak Kotra quoted a spokesman for the agency , last week.

Kotra said Tianyu will fund the construction of the project "town house" luxury on a proposed complex.

Ministry of Economy and Science, South Korea and Lippo Incheon Development signed a similar contract for multi billion dollar luxury complex.

Institutions that trade will also sign a memorandum of understanding (MoU) with the Industrial and Commercial Bank of China that could push the bank's direct investment in South Korea.

The agreement also could help South Korean businessmen operating or see new opportunities in China

Greater Springfield in Queensland Provide a third for the Garden

2010-05-31T19:47:00.000-07:00

Greater Springfield was awarded the Prix d'Excellence 2010 in the category of the Master Plan.

Greater Springfield's new city built by the developer Springfield Land Corporation in Queensland, Australia, valued at 13.8 billion U.S. dollars was designed as the best city for business, technology and information, education, healthcare, retail, and entertainment in one location.

Currently, nearly 20,000 people living in Greater Springfield. Here there are six satellite cities namely Brookwater, Springfield, Augustine Heights, Springfield Lakes, Spring Mountain, and Springfield Central.

It's a cliche but life gets new meaning in the Greater Springfield. It takes only minutes, you can train blows at Brookwater Golf Course golf course designer Greg Norman. And if you come to the shopping centers and entertainment venues, you can see where the incomparable.

And a third of the Greater Springfield area reserved for open space and parks, including park of 24 hectares in the Greater Springfield CBD.

Greater Springfield will become the largest CBD in Australia. A towering office buildings and the first in this city, the Polaris Data Centre, to be the most interesting technological development in Australia.

Construction of 212 million U.S. dollars worth of this building IT systems government departments and national companies and also the infrastructure services in the Greater Springfield.

This new city is also offering fiber network between Brisbane and the Greater Springfield, and became the first in Queensland.

In this area there are six schools and colleges, and seven child care centers.
Education gets a large portion of this new city. Education City, an area of 18 hectares which dirtesmikan in the year 2006, now has more than 3000 students and college students. This unique campus will eventually house more than 10,000 students.

In addition to education, this new city also have a Health City Spriongfield covering 52 hectares. If everything is already built, Springfield Health City will be an integrated health center in Australia.

Give FIABCI Technology Property Business Opportunity

2010-05-26T22:26:00.000-07:00

DPP Chairman of the Indonesian Association of Real Estate Brokers, Darmadi FIABCI Darmawangsa welcomed plans to build technology that can unite the entire website FIABCI members worldwide and more benefits.

"This is a very sophisticated tools. Through this technology, in a short time, we can know FIABCI members who are interested in any field. Quickly acquainted and familiar with each other because we are an association, "said tendered at the Grand Hyatt Hotel, Nusa Dua, Bali on Wednesday (26/5/10).

According tendered, the use of this technology is very appropriate since 3000 to seek members meet each other directly, not easy. "Through technology, FIABCI, we can connect with people with similar interests. For example, I need somebody who is working in the fields of residential, can directly appear FIABCI member list that interest in residential areas, "said Dewan.

FIABCI forum Wednesday morning featured Terrance described, Secretary General of FIABCI that discuss about technology in FIABCI. FIABCI members can access the website www.fiabci.org. This website is free for members FABCI. To FIABCI Asia-Pacific region, the membership price of Rp 1.5 million per year. And interestingly, if the members are active in many websites and post the article on the website, members can be known.

Introducing the first fellow members via the Internet, as we met through facebook. Although not previously know each other, each member of FIABCI can close in the virtual world and can continue in business. Interestingly, many members aged 60-70 years, still want updates about technology.

Darmadi impression, FIABCI Indonesia has the capability to mobilize. Indonesia actually had a voice. Funnel to shout out. Good momentum to attract more members. "This is a tool to attract foreign know more about Indonesia," he said.

FIABCI technology is beneficial to associate real estate broker. "I am pleased that we have arrived TBA-link 3000 members across the Duna. In the future, will be like this. FIABCI Networking to expand the market, "said Dewan.

AREBI 250-member real estate office in Indonesia. "We picked up the ball looking for opportunities of cooperation in this FIABCI Congress," he said.

Wow, turns out Indonesia Singapore Property enthusiast

2010-05-24T22:54:00.000-07:00

Indonesia became the largest foreign property buyers in Singapore in the last five years. In fact, Indonesia is estimated to control about 25 percent of foreign property purchases such as apartments and condominiums in Singapore.

This was conveyed by Head of Special Projects in the launch of HSR Dennis Yong Treasure on Balmoral at Four Season Hotel, Friday (21/05/2010). He said that, compared to China, India, and Malaysia, an Indonesian citizen to invest more in Singapore.

According to him, it was caused by social conditions, economics, and laws that pertained conducive. Quality education system, says Dennis, is one factor.

"Property that we offer to meet all needs. A beautiful unit, safety, comfort, excellent location and easy access to good schools," said Dennis.

Dennis said, in terms of legal certainty, foreign nationals have the same rights as citizens of Singapore. Because, since mid-2005, foreigners have apartments with strata tittle without limitation ownership and permission from the authorities in Singapore.

"Those who are aged over 45 years with one property in Singapore has granted a visa for five years," said Dennis.

Meanwhile, CEO Alfred Vibizconsulting Pakasi say, the benefits of investing in Singapore is that there is certainty and stability increase in investment.

"An estimated investment per year will increase sebesai 10 to 20 percent. This is what causes people to Indonesia to invest there. It is safe, certain, and profitable," said Alfred.

Regarding the weakness of Indonesian property, Alfred assess that more people own a home than an apartment. "Singapore's small farm. Thus, foreigners can only have an apartment. Auto because its a lot of demand, prices continue to rise. Meanwhile, in Indonesia, the public would prefer a house than an apartment. But, the apartment a good opportunity for the majority of foreigners living in strategic areas, "said Alfred.

Alfred added that one way to increase sales of properties in Indonesia can be done by increasing use of foreign licenses. In addition, Alfred said, Indonesia also must prove that his country has a legal certainty.

The MSCI Asia Pacific (APAC)

2010-05-18T08:28:00.000-07:00

The MSCI Asia Pacific (APAC) fell 0.3% to 116.33 in late trading in Tokyo, with the ratio of five shares fell to four a ride. This index falling by 9.9% from its peak on 15 April, due to tightening liquidity crisis, Europe and China. Trend correction will happen if the decline reaches 10% or more.

Head of Investment Strategy AMP Capital Investors Sydney Shane Oliver said that there is a combination of factors that burden the market and lead to the correction. "The question now, what was the beginning of a correction or bear market is new?" He told Bloomberg today.

World's second largest zinc smelter, Korea Zinc Co.., Down 6.2% in Seoul. Macarthur Coal Ltd. dropped 16% in Sydney after rejecting an offer of acquisition. Semiconductor Inc. Hynix. fell 3.6% in Seoul after MoneyToday reported that not all investors to buy convertible bonds this chipmakers. However, the Bank of Communications Co.. Shanghai rose 2.7% due to increase in rating by Morgan Stanley.

Japanese Topix index fell 0.7% due to the Ministry of Commerce reported a decrease in demand for services for the second time in March. Kospi in Seoul Stock Exchange also fell 0.5%. While the Nikkei index in Japan rose 0.1%, 1.2% Hang Seng Index, the Shanghai composite index of 1.4% and Australia 0.1%.

Korea Zinc fell 6.2% to 189 thousand won and became the largest decline in commodity companies in the MSCI APAC. Mitsubishi Corp.. that 40% of sales of commodities, fell 1.6% to 2031 yen in Tokyo. Pulverizedterbesar world coal producer, Macarthur Coal, dropped 16% to A $ 11.25 in Sydney or the biggest decline since December 2008 because he refused an offer of A $ 3.8 billion (U.S. $ 3.3 billion) from Peabody Energy Corp..

"Sectors directly affected by the slowdown in commodities (economic recovery) globally," said Director of UOB-Kay Hian Sales Ltd.. Steven Leung.

Australian toll road operator and the U.S., Transurban Group, fell 5.6% to A $ 4.42, the biggest mover in the Australian stock exchange. Hynix which declined 3.6% to 24 150 won to be the most actively traded stocks in South Korea.

South Korea's largest shipping line, Hanjin Shipping Co., Down 3.7% to 30 250 won in Seoul. Mitsui O.S.K. Lines Ltd., The world's largest trade fleet operators, 3.8% to 631 yen in Tokyo. Nippon KK, Japan's biggest shipping line by sales, 5,2% to 331 yen, the second biggest drop in the Nikkei.

Banking closed today with a positive trade. Bank of Communications, the fourth largest bank, publicly listed in China, rose 6.87 yuan to 2.7%. China Construction Bank Corp., The world's second largest lender by market valuation, 1.2% to 5.06 yuan. Bank of China Ltd., China's third biggest lender, 1.8% to HK $ 3.99 in Hong Kong.

The government policy to push property prices make Shanghai Composite Index falling by up to 21% from its peak on 23 November. This makes the stock exchanges were the third worst performer among 93 major exchanges Bloomberg beach. This index is entering a bearish trend as of 11 May

State-owned China Overseas Land & Investment Ltd.., Also notes rallied 3% to HK $ 14.58 in Hong Kong after two days of falling by up to 3.3%. China Resources Land Ltd., Who is also state-owned developer, rose 6.5% to HK $ 14.04.

Foreign Ownership Under the Right to Use

2010-05-17T08:00:00.000-07:00

Foreign Ownership Under the Right to UseThe process of revision of Government Regulation Number 41 Year 1996 regarding the ownership or occupancy homes by foreigners are still rolling. Mechanisms to ensure government ownership of residence for foreigners in accordance with usage rights set forth in Law No. 5 / 1960 on Basic Agrarian.

Because, the government would not tamper with basic agrarian law despite 41 years in 1996 to revise the PP. "We will refer to the principal agrarian legislation regarding the rights to use," said Minister of Housing Suharso Monoarfa, Friday (14/05/2010).

Usage period residence, Suharso said, also referring to the use rights according to the basic agrarian law. "We just have to see it, if it can be renewed once. But, not necessarily up to 70 years, for example," light Suharso.

Suharso added, there are two functions of housing or residential shelter for strangers.

First, as a residence (residential property). Monoarfa, foreigners who take advantage of a house as a place to live are those who've entered the age of retirement.

That way, said Suharso, they can enjoy retirement years in Indonesia as well as bringing benefits to Indonesia. "The form can be landed house," said the United Development Party's politicians.

Second, as an investment (investment property). That is, they may have shaped rise residential properties for investment. Cuma, Suharso reminded, in condition, may not purchase on credit.

However, according Suharso, until now the ministries they lead are still finalizing the formulation of object properties for the stranger. "The question of property for foreigners objects have not finished," she said.

Seriously Singapore Property Develop Eco-Sustainable

2010-05-15T05:18:00.000-07:00

Building authorities in Singapore, the Building and Construction Authority (BCA ') set aside 15 million Singapore dollars to promote sustainable development in the island country.

The funds will focus on developing the recycling capability of the buildings demolished and the use of recycled materials during construction.

Construction industry in Singapore warmly welcome this latest initiative, but hopes more government support for its use.

Eco-green area development showed a lack of focus Samwoh about sustainable development methods in the construction industry in Singapore. This is the first building in Singapore that was built using recycled aggregate concrete. And Samwoh want to increase production of recycled materials in the construction industry.

However, sustainable development will be a long term investment because of low margins.

The government hopes that more and more companies are able to use materials of concrete and recycled materials to reduce Singapore's dependence on imported raw materials.

Elvin Koh, Managing Director Samwoh Corporation said ,"... We have invested around 20 million Singapore dollars (in this eco-park). If you talk about the refund, it may be slow because it is still new in the market. But we see this as long-term business. It all depends on government agencies and how quickly they can accept this new concept. "

Road construction

The concept of eco is also made another breakthrough. Singapore Land Transport Authority, the Land Transport Authority to make changes in specifications allow the construction of roads with recycled materials used in road construction.

Although support these measures, the industry players in Singapore said it was too early to specify whether this will impact on cost. But they stressed that it takes more government budget for sustainable development is to be able to immediately take off.

Andrew Khng, President of the Singapore Contractors Association says, "I hope the government will lead, encourage industries to implement this concept in their contracts, there is a certain percentage of the components of their contract to use environmentally friendly products. For the contractors, we need some kind of incentive to encourage us to go green on what we have. "

Some companies say, the public sector was in front and pushed to adopt environmentally friendly practices that can have positive impacts on their incomes. Samwoh for example, get a 3 percent to 4 percent of their revenue from sales of materials recycled materials.

The Vermont on Cairnhill Simplicity is Elegance.

2010-05-11T10:15:00.000-07:00

Simplicity is Elegance. It is easy to appreciate the subtle nuances that make the Vermont so appealing. Its sleek towers soar 20 storeys high to form elegant silhouettes against the skyline. The Vermont is a design masterpiece in living and a contemporary expression of the urban lifestyle.

Inspired by the French term ‘verts monts’ for green mountains. The Vermont is a paradise of lush greenery and unique landscaping that rises upward to become part of the green façade. A resplendent triple height waterfall is an awesome sight to behold, while its gentle cascades resonate like music to your ears.

Project Description

A residential development comprising 123 units with basement carpark, tennis court, swimming pool and communal at Cairnhill Rise.

Green Features:

Waterless urinal at clubhouse toilet.
Solar powered light.
Sunpipes to bring natural lighting into the basement carpark.
Use of low-VOC paint.
Use of recycled plastic in children’s playground equipment.
Ductless MV fans in basement.

At Quarter of pensioners 'still paying off mortgage'

2010-05-07T03:14:00.000-07:00

news Over a quarter of all pensioners are still paying off their mortgage, according to new research.

The report, published by Key Retirement Solutions, also reveals that the average amount owed by pensioners on their mortgage is in the region of £45,000.

Andy Pratt, the chief operating officer at Alexander Hall, explained that the statistics were slightly higher than he would have expected, though asserted that there are multiple factors involved in causing this phenomenon.

"The biggest one would probably be flexibility in lifestyle – a lot of people are thinking about continuing to work beyond retirement age, part-time or otherwise, and they will probably continue in some sort of debt through that period as well," he continued.

Mr Pratt added that with rates as they are at the moment, many may not have paid down their mortgage, instead using the money elsewhere and keeping debt going because it is cheaper to borrow that way.Info.

Foresta Offer Romantic nuance Cluster at BSD

2010-05-04T08:28:00.001-07:00

The desire to have cluster homes with a romantic atmosphere and affordable prices, not again become a dream. PT Bumi Serpong Damai (BSD) Tbk (4.11) Cluster Collinare launches, the latest cluster Foresta capable of realizing a dream home.

Suryawan Yanto, Marketing Manager Foresta BSD City explained, "This is the first cluster in Foresta with a combination of beauty and perfection of the position of a dwelling. If we observe from a raised, Collinare derived from Italian, which means the land is mountainous (Hilly). Location Collinare it was in the plains which are much higher compared with other clusters in the region Foresta.

The atmosphere hilly with undulating land coupled with the sekililingnya Foresta forest, offers a quiet atmosphere which is inversely proportional to the hustle and bustle of the capital. Fatigue that is obtained from a day of work can be remedied with a romantic atmosphere in this cluster.

With a wide ranging cluster of approximately 5.8 hectares, Collinare will be built as much as 142 units. Contour of the land that was deliberately created an uneven look at this unique cluster. Houses in Collinare will be built on land that has a height of up to 5 m above the highway. Can be imagined, like a castle in the middle atmosphere is hilly forests will stick with this new cluster.

In addition, Collinare has beautiful gardens with extensive European-style approximately 2.000 m². This park is equipped with a water fountain, sculpture, romantic canopy, and gazeebo which adds a different atmosphere with the density of Jakarta. By walking in the middle of this park, residents can feel the atmosphere seemed to park in the beautiful city of Paris. Besides family facilities such as three on three basketball courts and children's play areas complete the convenience of its residents. "Cluster Location Collinare also just a step from de Palazetto, Foresta sport club which has facilities that a modern fitness and relaxation. This will support a healthy lifestyle for the residents, "said Hery S. Wijaya, Sales Manager Foresta.

Collinare offers several types that can be tailored to the needs of families. To type 85/128, 85/144, 85/160, 95/180, 125/220 has three main bedrooms, while for type 286/300 has four main bedroom.

Collinare own designs from modern classical-style, complete with unique ornaments that add to the beauty of its own. The impression is very elegant modern classics featured in every design. Blueprints of the house had to be mixed into a compact lay out and prioritize the functionality of the room, light and air circulation.

When compared with the price offered design Collinare Cluster can be said is very affordable. "Houses in this Collinare Cluster sale with prices starting from Rp. Backyard 590 millions with a wide and has three main bedrooms. "Hery added.

Though compact and unique plan offered by the developer, but homeowners can still lay out development in accordance with the tastes and needs. "Plan house deliberately flexible to the development. It is solely to facilitate the residents to conduct future development blueprint. "Herry demolished. "We are optimistic this cluster will receive a warm reception from the public, such as cluster-cluster Foresta previously had been largely sold and handed over to the buyers", he added

Top Class Apartment Sales Rise Significantly

2010-05-04T08:16:00.000-07:00

Performance upscale property industry in Jakarta during the quarter I-2010 really charming.

Property research institute Chusman & Wakefield Indonesia reported that upscale apartment project sold well during the first quarter of this year.

Of the total supply that reached 75,000 units, the rate reached 94.1 percent of apartment sales. The figure was slightly higher than the rate of absorption in the fourth quarter-2009 which reached 94 percent.

Of the total 94.1 percent, sales at upscale condo worth over USD 15 million per square meter (m2) reached 65.1 percent. This portion increased significantly from the previous quarter at 58.1 percent of new

Office market is also excited. In fact, its sales reached 24 percent increase from the figures in the fourth quarter-2009.

But, at the same time, sales of owned housing (rusunami) actually lethargic. Storey dwelling to the lower classes are only sold 75.4 percent of total supply, down 2.4 percent from fourth-quarter 2009.

The property industry really prepare for the world steel price hikes

2010-04-28T23:28:00.000-07:00

The property industry really prepare for the world steel price hikes. Monday (26 / 4) and, together IISIA Krakatau Steel (Indonesia Iron and Steel Industry Association) predicts an increase in steel prices will continue to happen until the third quarter of 2010. Increase an average of Rp 200 per kilogram per month.

Because of this, many wearing industrial property prices had planned to raise steel prices. "Increase steel significantly, so the increase in property is also bound to happen," said Chairman of Real Estate Indonesia (REI) Teguh Satria, Tuesday (27 / 4).

Recognizing these conditions, the fair if some developers have started to put the horses. "There must be the impact on property prices, but we still have to count again a big effect," said Danang Kemayan Jati, Head of Corporate Communications PT Lippo Karawaci Tbk.

Similar disclosed developer Great Podomoro Group. "We were fortunate to establish contracts with suppliers of steel up to three months ahead. But after that, willy-nilly have to swallow that steel prices have gone up," said Alvin Andronicus, General Marketing Manager of the Great Podomoro.

Executive developers working on superblock superblock Brass City while completing this City Podomoro mention the effects of steel price increases will vary for each project. For example, for Podomoro City project in the finishing stage, the use of steel components is not large. "Thus, the impact of steel price increases barely felt this project," said Alvin.

As with the Brass City project. In the new project starts, the steel is still the main expenditure components.

Strategy developer
Despite the increase in steel virtually impossible negotiable, both Lippo and Podomoro promised to avoid a drastic increase in property prices. "If the mere increase in the fair, all property is definitely going up in value. What we need to do is to keep the price increase not to shake the demand," said Danang.

Alvin adds that if under normal conditions, the trend of price increases could enlarge the margin, the margin in such a condition that must be suppressed. According to Alvin, the normal growth in property prices in Indonesia ranges from 15 percent to 20 percent per year. "That could be diverted in part to reduce the selling price because of production costs to swell," he said.

However, if the increase in property prices can not be avoided, Danang said, the developer must have a marketing strategy to keep telling the consumer does not lose the passion. "The packages should be packed with interesting sales, and how payments can be commuted by any means of cooperation with various banks and financial institutions," said Danang. "Moreover, quite a thin margin of apartment sales, so price increases become inevitable," he added

Marina Bay Sands Singapura Lauching

2010-04-27T23:11:00.000-07:00

Marina Bay Sands, Singapore's second integrated resort, which opened officially on Tuesday (27/4/10), will refresh the country's tourism sector. Marina Bay Sands, worth 5.5 billion dollars which was built by owner Sheldon Adelson of Las Vegas Sands was opened at 15:13 pm Singapore time, which, according to China's fengshui, the time associated with welfare.

Marina Bay Sands is the first casino in Asia outside Macau, operated by Las Vegas Sands. Las Vegas Sands Chairman Sheldon Adelson expects its investment in Singapore to return in the next five years, and describe the Marina Bay Sands, as by far the most valuable property.

70 000 Sheldon hopes to 80,000 people will visit this area every day when all facilities are opened.

Singapore gives green light for gambling business in 2005. Marina Bay continue to be built even though Singapore had sunk in the recession of 2008 caused by the global financial crisis.

Singapore's first casino, Resorts World Sentosa worth 4.4 billion U.S. dollars, was built by Genting Group of Malaysia, and opened on February 14 last. Regions Resorts World which is located in Sentosa Island, consisting of Universal Studios, hotels, restaurants and convention facilities.

Marina Bay Sands, originally scheduled to open in late 2009, but has been delayed repeatedly due to a number of factors, including the matter of building materials and labor, and financial problems.

Marina Bay Sands, which opened this Tuesday, including casinos and 963 rooms (of 2650 beds), part shopping mall, several restaurants, exhibition centers and plazas for events. Hotel rooms and suites as well as a number of stores will be opened on June 23, while the museums, theaters, and numerous other shops will start operating a few months later this year as well.

Singaporean officials hope the casino will help Singapore achieve the target 17 million tourists who generate 21 billion dollars in 2015.

"Marina Bay Sands, which operates a second casino in Singapore, which can boost the economy," said economist David Cohen. "This will support the arrival of tourists and retail sectors have benefited, especially in the current global economy started to recover," he said.

CIMB economist Song Seng Wun said the two casinos will add to the depth of the hospitality industry in Singapore.

"Singapore is not the cheapest place to visit, but Singapore offers something different for tourists who come, whether for leisure or for business," said Song told AFP.

Having fallen 2 percent last year, Singapore's economy depends on trade, is projected to grow to 9 percent this year, the government said in a statement. But economists said the addition of the service sector, including tourism, can make Singapore exceeded its target.

Marina Bay Sands, was designed for corporate events and conventions, while Resorts World Sentosa is intended for the family.

Marina Bay Sands casino has 600 gaming tables, and more than 1,500 gaming machines, and more than 30 private room for gambling. This four-story casino, two floors down to the mass games, while two floors above for premium players.

Sheldon said the two integrated resorts will work together to bring more tourists to Singapore. "Our successes (Marina Bay Sands) do not depend on their failure (Sentosa Resorts), and vice versa, their success does not depend on our failures," he said.

Lee Carter (60) who flew from Hawaii, United States, was among dozens of passengers, who want to get the first chance to try the casino. "If lucky, I'll spend more. Otherwise, I'll be home," he told AFP.

Superblok with Steel Price

2010-04-27T23:08:00.001-07:00

Krakatau Steel with IISIA (Indonesia Iron and Steel Industry Association) predicts an increase in steel prices will continue to happen until the third quarter of 2010. Increase an average of Rp 200 per kilogram per month. The property industry is also ready on standby.

"We are fortunate to establish contracts with suppliers of steel up to three months in advance. But after that, willy-nilly have to swallow the price of steel has gone up," said Alvin Andronicus, Marketing General Manager of Great Podomoro.

Executive developers working on superblock superblock Brass City while completing this City Podomoro mention the effects of steel price increases will vary for each project.

For example, for projects Podomoro City, which is in the finishing stage, the use of steel components is not large. "Thus, the impact of steel price increases barely felt this project," said Alvin.

As with the Brass City project. In the new project starts, the steel is still the main expenditure components.

Company property developer PT Intiland Development Tbk (Intiland)

2010-04-26T23:30:00.001-07:00

Company property developer PT Intiland Development Tbk (Intiland) succeeded in recording a significant growth in financial performance in the year 2009. Net income at the end of 2009 the company recorded reaching Rp25, 61 billion, up 81% compared to 2008 amounting to Rp14, 16 billion.

President Director Lennard Ho Kian Guan Intiland explain the jump in net profit was mainly due to significant improvement in overall sales performance results. The Company recorded record net sales value amounted to Rp386, 82 billions, up 16.4% compared to the previous period amounted to Rp332, 22 billions.

The increase in net income was also caused operational performance Intiland grow quite high. This can be seen from the acquisition of operating profit shot 50% from Rp40, 91 billion in 2008 to Rp61, 31 billion in 2009.

"Due to sales jump in net profit in the housing sector is improving, especially from the project Graha Famili Surabaya and Parks Semanan Indah, Jakarta. We also get very good results from rapid sales strategy against a number of inventory in both projects, "said Lennard Ho.

Throughout 2009, housing sales are still the largest contribution to revenue Intiland, which reached 69.5%. The next largest contributor, ie from rental services (11.7%), the means by sport (9.1%), maintenance services and resources (6.7%), and the rest from other revenue amounted to 2.7%.

Lennard Ho expressed throughout the second half of 2009, sales value of residesial sector relatively improved compared to the previous period. This is in addition to the increasing demand of society-as the declining trend in interest rates, bank credit is also triggered by the launch of a new house types in the number of housing projects owned by the company.

The improved financial performance in 2009 gave confidence to the management Intiland to achieve better results this year. Optimistic managerial achievement of a positive performance throughout 2009, becoming a solid foundation for creating long-term growth patterns and be able to increase profits in a sustainable manner.

Business transformation
Intiland management this year is still focused on efforts to make strategic business transformation process. Company formulate the four pillars of the long-term growth as the main strategy that includes organic growth, acquisition opportunities, expand the strategic cooperation, and optimize capital management and investment.

Lennard According to Ho, the transformation process is carried out massive effort to anticipate the rapid growth in national property industry. Company as well have been the target peg to become the third largest property company listed on the Indonesia Stock Exchange.

In conducting the business transformation process, Intiland have translated into goals and targets are very clear, both related to performance, capital structure, or changes in its organizational structure. Company trying to reach that goal through innovative ways, carefully and cautiously, both organic and non-organic, such as acquisition of land and property companies. The Company also will continue its strategy to sell the inventory quickly to inventory non-core, mature, and provide a low return rate.

Property prices in China rose

2010-04-20T22:05:00.000-07:00

Property prices in China roseProperty prices in China rose to a record in March. This indicates that government efforts to stem the price increase is not running. Required more drastic measures amid concerns that the bubble in the national housing market. Price of residential and commercial real estate in 70 cities in China increased 11.7 percent compared to last year, according to official figures from National Statistics Bureau.

Haikou, capital city of Hainan Province, south China's island, the biggest gain, with a jump of 53.9 percent of the overall property prices. Sanya, on Hainan is also the host of the Miss World beauty pageant, followed by an increase of 52.1 percent. Both cities are also at the peak in profitability over the price of new houses built, d ith prices rose 65 percent in Haikou and Sanya rose 58 percent.

Property prices in Hainan, which is located in the South China Sea, China surged after the government announced plans to convert the island into an international tourist destination.

China has raised the value of the mortgage and back taxes on home sales in the first two months to reduce the risk of asset bubbles. The Government announced in March that the developers are required to pay more for the purchase of land and prohibit banks provide loans to those who buy land only to pile up the soil, as a step to anticipate higher prices.

"This data is bad news. This means that the monthly profits back up quickly after a time to slow down by 0.9 percent in February. We expect the next policy of the Government of China to slow the real estate market," said Dariusz Kowalczyk, Chief Investment Strategy Markets in SJS Hong Kong.

Interest rates must rise, said Brian Jackson, an expert on marketing strategy Royal Bank of Canada is headquartered in Hong Kong. "To convince home buyers that the government had a commitment to overcome the overheating property market and reduce the risk of the property bubble, Beijing should use its policy of all devices, and particularly raising interest rates," he said.

Meanwhile, Lee Wee Liat, an analyst at Nomura Holdings said that property taxes can help, but it takes more steps to overcome this.

This can be tried in a number of cities that experienced the bubble properties such as Beijing, Shanghai, Chongqing, and Shenzhen. But the situation is serious enough, according to hedge fund managers James Chanos who declared that "China is currently engaged to hell." Last week he declared, "They were not able to lower property development has become a kind of opiate. It was merely to maintain the economic growth that continues to grow."

According to Lee, some developers skeptical kenaikana property prices and delaying the development until the fourth quarter of this year so there was no supply in the market.

It is the developer of China announced the increase of sales in the first quarter of this year. Evergrande Real Estate Group said penjaualan leap as much as 175 percent in the first three years rather than 2010, while China Overseas Land & Investment sebear reported 48.3 percent increase.