"Jakarta - The development of the National Capital City (IKN) has attracted many entrepreneurs and businesspeople in Indonesia to invest in the East Kalimantan region. The increasing investment momentum around the IKN area includes the supporting cities of Balikpapan and Samarinda.
Agung Podomoro, as a developer, welcomes the new trend and population migration to East Kalimantan. The company is taking steps to develop Borneo Bay Residences in Balikpapan and The Premiere Hills in Samarinda.
Both areas, which carry the concept of 'Living in Style,' provide solutions for housing and property investment needs, especially in anticipation of the arrival of IKN.
"Agung Podomoro, as a leading, trusted, and integrated property developer, is committed to making a significant contribution to property development in Balikpapan and Samarinda, which is expected to support regional economic progress in line with the new trend in society with the presence of IKN," said Agung Wirajaya, Corporate Marketing Director of Agung Podomoro, in a written statement on Sunday (August 18, 2024).
Agung stated that they aim to be the developer best prepared to meet the needs of workers, businesspeople, and entrepreneurs who will migrate to East Kalimantan.
"We see a very positive economic trend along with the early stages of IKN development, where there will be a population shift to this area, thus requiring housing. For this reason, the company is preparing a range of property products with excellent facilities as a solution to the housing needs in the IKN surrounding area through The Premiere Hills Samarinda," he said.
According to data from the East Kalimantan Provincial Investment and One-Stop Integrated Services Agency (DPMPTSP), the investment realization figure for the first quarter of 2024 reached 22.01 percent, amounting to IDR 16.73 trillion. This figure represents an increase of 7.84 percent compared to the first quarter of 2023.
This also includes the realization of Domestic Investment (PMDN) amounting to IDR 11.92 trillion and Foreign Investment (PMA) amounting to USD 320.51 million, or IDR 4.80 trillion.
Agung Podomoro's Deputy Marketing Director, Yenti Lokat, explained that the increase in investment realization in East Kalimantan presents an opportunity to meet the demand for property investment in the area.
"Currently, we have developed two property projects in East Kalimantan, namely in Balikpapan and Samarinda. Both property projects are ready and can soon be occupied by buyers," she said.
The property project in Balikpapan, Borneo Bay Residences, with a superblock concept, is currently offering a 2-year Rental Guarantee program for one-bedroom units and a Fully Furnished program for two-bedroom units. Borneo Bay Residences offers fully furnished units to meet the demand for instant housing.
"In addition, we are also developing The Premiere Hills. Considering the quality advantages and strategic location in Samarinda, consumers can choose this product as the best property investment in East Kalimantan," Yenti explained.
With residential property prices continuing to rise, this investment offers added value besides the opportunity to enjoy housing that supports a healthy lifestyle," she added.
She also mentioned that Agung Podomoro will soon open the second phase of The Premiere Hills sales with attractive promotions and partnerships with banks for mortgage financing facilities (KPR).
"Currently, consumers are enthusiastic and interested in buying property in The Premiere Hills. In the initial sales phase, some units have sold out," Yenti revealed.
For information, The Premiere Hills landscape was designed by Palmscape Singapore to support a residential area with a vacation-like atmosphere every day. This area is also supported by various clubhouse facilities, including a gym, swimming pool, movie theater, tennis court, and c
