17 October 2019

Keppel Land and Metland launch new landed housing development in East Jakarta

Keppel Land Limited (Keppel Land) and PT Metropolitan Land Tbk. (Metland) are pleased to announce the launch of Phase 1 of Wisteria, alanded residential project nestled in the heart of East Jakarta. Wisteria will comprise 381 units of garden-concept landed homes, of which 141 units will be available for sale as part of the initial launch. 

The development is strategically sited on a prime seven-hectare land plot that is in close proximity to a wide spectrum of retail amenities such as AEON Cakung, IKEA, as well as key educational and medical institutions. 

Mr Goh York Lin, President, Indonesia, Keppel Land, said, "The launch of Wisteria comes amidst a concerted push by the Indonesian government to improve East Jakarta’s infrastructure and connectivity, such as through the construction of elevated toll roads and an MRT line. Coupled with our superior build quality and focus on living experiences, we are confident that Wisteria will garner strong demand from owner occupiers and investors alike. We will continue to leverage our strategic alliance with Metland to grow our presence in Indonesia.”

Mr Nitik Hening, Director, PT Metropolitan Land Tbk., said, "When completed, Wisteria will serve as a model of quality residential developments with its unique concept and premium construction. This is made possible by our more than two decades of experience as a leading real estate leader in Indonesia, as well as the expertise of our partner, Keppel Land, a multi-faceted property company and Asia’s premier home developer. Following the success of our inaugural collaboration, The Riviera at Puri in Tangerang, Greater Jakarta, we believe that we will be able to achieve a similar outcome with Wisteria. Looking ahead, we will continue to tap on our strong and synergistic partnership with Keppel Land to advance our position within the Indonesian real estate sector.” 

The units come in three standard configurations with a starting price ofRp 1.5 billion. The development is ideal for young couples and families making their first home purchase, as well as property upgraders looking to settle in a strategically located residential estate.

Metland Tags :

metropolitanland   metland   keppelland   wisteria   2019