Meikarta Breaks MURI Record for Biggest Apartment Sale

BY :MUHAMAD AL AZHARI

MAY 14, 2017

Cikarang. The grand launching of the Meikarta apartments sale has broken the record of Indonesia's Museum of Records, or MURI, for the largest number of buyers in one day.

Meikarta is a giant city developed by Lippo Group near Jakarta.

MURI senior manager Yusuf Ngadri said on Saturday (13/05) that Meikarta managed to sell 16,800 units.

"This is an incredibly huge number," he said, adding that the figure broke MURI's previous record for subsidized apartments, of which 300 units were sold in a single day.

Yusuf said it may be difficult to break the record of Meikarta, which has proven itself attractive to buyers.

"It was incredible, it came as a surprise after hard work of Lippo Group," Meikarta project president Ketut Budi Widjaja said on Friday.

Ketut said the group is committed to fulfill the promise of distributing the apartment keys to buyers in December 2018.

Meikarta is the biggest project in Lippo's 67 years' history, with the total investment estimated at Rp 278 trillion ($21 billion).

Located in the heart of Indonesia's economic activities, the Jakarta-Bandung corridor, the modern giant city will offer various world-class facilities within it integrated area of 3,000 hectares owned by Lippo Group's industrial township developer Lippo Cikarang.

Thousands of potential buyers are seen at Meikarta's sales office in Maxx Box at Lippo's Orange County. (ID Photo/Emral)

The first phase of the development covers an area of 22 million square meters.

The project was designed in 2014 and construction works started in January 2016.

Among the planned facilities are seven shopping malls offering a commercial area of 1.5 million square meters, international hospitals, a financial center, 10 five-star hotels, a library, an opera house, three universities, art and culture buildings, an industrial research center and many other facilities.

Surrounded by several industrial townships, including Lippo Cikarang, Jababeka, MM2100, Cikarang in West Java has been home to manufacturing plants of local and international brands such as Astra, Honda, Toyota, Suzuki, Mitsubishi, Isuzu, Panasonic, Toshiba, Hankook and Samsung.

It is located in the center of the country's industrial development, where more than a million of cars, millions of motorcycles and millions of refrigerators, television sets and household appliances are produced each year.

The government plans to develop infrastructure in the region to ease access and support economic activities.

The major infrastructure government-initiated projects near Cikarang include the Jakarta-Bekasi-Cikarang-Bandung quick train, a deep seaport in Patimban, Subang, the Jakarta-Cikampek elevated highway project connected to the Jakarta-Cipali Toll Road, Kertajati International Airport (around 90 kilometers east of Bandung, West Java) and railway-based automated people mover (APM) connecting the industrial areas of Bekasi, Cikarang and Karawaci.

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