Sinar Mas Land and Surbana's JV Mitbana jointly launches residential project in Indonesia
The development is a joint venture with Mitbana, a joint venture of Mitsubishi Corporation and Surbana Jurong.
SGX-listed, Indoesia-based Sinar Mas Land has launched a landed cluster housing project Welton in Greater Jakarta.
The development is a joint venture with Mitbana, a joint venture of Mitsubishi Corporation and Surbana Jurong.
The project, Welton, occupies a site of seven hectares. It will have 291 units of three kinds, each taking up land area of 98 to 285 sqm.
Prices start from IDR2.5 bil, or $225,000.
Welton is part of Hiera, a 108-hectare mixed-use development in Hiera, within the BSD City, formerly referred to Bumi Serpong Damai.
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