Developer Summarecon Sees Post-Election Property Bonanza

Bareksa • 23 Jun 2014

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A shoppers walks in Summarecon Mal Bekasi in this file photo. (The Jakarta Globe/ Sylviana Hamdani)

The project is a joint venture with Swiss company Movenpick Hotels & Resorts.

Bareksa.com - Quoted from The Jakarta Globe, Property developer Summarecon Agung is banking on a post- presidential election surge, which a top executive says should lead to 22 percent marketing sales growth this year.

The company sees marketing sales — property units sold before the completion of construction — reaching Rp 4.5 trillion ($375 million) from 3.7 trillion last year, Summarecon Agung president director Johanes Mardjuki said on Thursday.

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