Sinar Mas Land, through one of its commercial projects in South Jakarta, has announced the Elegance Tower project, located in the Southgate Residence, is in its final construction stage.
“The topping off of the development stages are currently being carried out on schedule. This commitment is one of the values that we hold in addition to the use of residential materials and building a high quality apartment building,” said CEO of Commercial Sinar Mas Land, Hongky J . Nantung.
Elegance Tower is the first tower which is under development at the Southgate Residence. There are 300 units in the tower, which it is currently at least 65 percent sold. The residences are divided into several types, ranging from one-bedroom apartments with an area of 49 and 51 sqm made up of one bedroom and a study with an area of 72 sqm, two-bedroom apartments with an area of 103 sqm with two bedrooms and a maid’s room that covers 101 sqm. The remaining stock of units at Elegance Tower are sold starting at Rp1.7 billion inclusive of tax.There were a number of sales promotions offered at the topping off event, including 2.5 percent interest subsidy, precious metals, and travel vouchers.
There are 25 supporting facilities including sports facilities such as an outdoor gym, indoor gym, sauna, tennis and basketball courts, a reflexology garden, yoga sanctuary, and and amphitheater. There are also children’s playground facilities, mini-golf, and wall climbing areas. In addition, Southgate Residence is also equipped with a swimming pool complex consisting of a kid’s pool, fun pool, sun deck, and semi-olympic pool.
The 60 percent open, green space area at Southgate Residence will certainly be one of the added value elements for its residents. Here, they can enjoy a jogging track with a distance of over 1 kilometre and several thematic parks that promote comfortable outdoor activities such as a terrace garden, forest garden, and an outdoor seating area.
The development of the Southgate Residence was created with the concept of a mixed-use development so that the two-tower luxury apartment which is a condominium tower that will be integrated with an office tower and also an AEON Mall, are currently in the works to be operational by 2020.
Southgate Residence is located in Jalan TB Simatupang, which is currently developing CBD lanes in South Jakarta. Its presence at one of the main intersections in TB Simatupang gives this development direct access to the Jakarta Outer Ring Road (JORR) toll road that connects the east and west sides of the city. Southgate Residence is also located directly opposite the Tanjung Barat Station which is served by the Commuter Line electric train.
Since March 2019, Sinar Mas Land had also begun marketing Prime Tower, the second tower of Southgate Residence. In this tower, there are a number of property types, including;
• Unit E: 68 sqm equipped with one bedroom and a study room
• Units C (92 sqm), F (95 sqm) and G (96 sqm): enclosed with two bedrooms
• Units B and D: 122 sqm equipped with two bedrooms, a service area, and private elevator
• Unit A: 161 sqm equipped with three bedrooms, a service area, and private elevator
Rates start from Rp35.3 billion, including taxes.