JAKARTA, Indonesia, Feb. 3, 2020 /PRNewswire/ — Jababeka City Cikarang, an independent modern city owned by the city developer company Jababeka Group, won a prestigious award at the Golden Property Award 2019 in the Best Township Development Project category. The Golden Property Award 2019, titled "Breakthrough to Excellence", was held by Indonesia Property Watch (IPW) at the Raffles Hotel, Jakarta, 5 December 2019.
The Golden Property Award is an appreciation for the positive performance and achievements of businesspeople in the property sector while encouraging optimism in the industry. The winner of the Golden Property Award 2019 was selected through a series of independent, objective, and measurable surveys and assessments. Some notable figures, as well as multidisciplinary experts, were involved in this annual event to strengthen the outcome of the final assessment.
"We are proud of the appreciation given to Jababeka City Cikarang. This award stimulates us as a developer to continuously innovate in developing independent cities in Indonesia," said Suteja S. Darmono, President Director of Jababeka Residence who manages and develops Jababeka City Cikarang.
He added that the city with an area of 5600 hectares has been transformed rapidly and became the prospective investment destination for both foreign and domestic investors.
It could be proven by existing development projects in Jababeka City Cikarang, such as the modern residential area Monroe apartments, premium residential apartment Kawana Golf Residence, landed housing area The Oscar, Cortes Town House, Sevilla Town House, Monaco Town House, and Candi Residence.
In addition, Jababeka Residence also released a new commercial area: Monaco shophouse, Sevilla shophouse, Hollywood Boulevard, Sudirman Boulevard, and Ginza Business Loft, which have a high potential for business. Until early 2020, some enormous investors joined Jababeka City Cikarang such as Burger King Indonesia, Yoshinoya Indonesia and Living Plaza Jababeka, which has become a favorite destination providing new vibrant in Jababeka City Cikarang.
On the same occasion, the founder and chairman of Jababeka Group – Setyono Djuandi Darmono also received a Lifetime Achievement Golden Property Award 2019, the highest award which was also given to some prominent figure in Indonesia property sector, such as Ciputra (RIP) and Mochtar Riady. The award was given for Darmono’s contribution in enhancing the property industry in Indonesia since 1989 through the development of independent cities in Indonesia, especially in the City of Jababeka Cikarang.
"With our experience, expertise and high credibility, Jababeka will continue to create one hundred self-sustained modern cities throughout Indonesia, which will provide more employment opportunities and bring a better life for all the people of Indonesia," said SD Darmono.
Jababeka City Cikarang is the largest and most complete independent city pioneer in Indonesia, providing an integrated residential, commercial, and business area with a mature city layout and extensive facility and infrastructure support. Currently, Jababeka City Cikarang has become one of the high-potential areas that successfully attract many investors.
If you are looking for investment in Jababeka City Cikarang, whether residential, high-rise development, commercial and mix-use development project, please visit http://jababekaresidence.com/id/home/ for more information.
Alan Ye, B.Sc, MBA,
Head of Business Development Jababeka Residence
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