JAKARTA - PT Greenwood Sejahtera Tbk (GWSA) will operate the Capital Square, Surabaya in 2019 or three years after the starting construction in 2016.
Director Finance PT Greenwood Sejahtera Tbk Bambang Dwi Yanto stated the Capital Square is a superblock in Surabaya. “We will build an office tower over there, with 28 floors. Then there will be one apartment, with 30 floors and one loft also with 28 floors. There will be two stages of a small retail underneath the tower,” he said in Jakarta.
According to him, Capital Square has reached sales of around 60% as of May 2016. For the average price, the apartments range from Rp30 million to Rp33 million per square meter.