JAKARTA. PT Ciputra Development Tbk (CTRA), one of the property companies with the largest market in Indonesia, aims to record marketing sales of Rp 6.1 trillion this year.
Tulus Santoso, Director of CTRA, said that his party has prepared a number of projects to be sold so that the target can be achieved, starting from high-rise property projects to landed houses. Santoso is targeting high-rise projects to contribute 17% of the company's marketing sales this year, while the rest will be contributed by landed houses.
Santoso admitted that a few years ago, the company's marketing sales were still stagnant. But the company believes that the property market has begun to improve. "Hopefully it can be the turning point," Santoso explained to Kontan on Thursday (6/2) yesterday.
The potential of the property market in 2020, said Santoso, is also supported by lower interest rates. With lower interest rates, he added, it will be easier for people to use housing loans to purchase properties. (KR/AR)