Surabaya (20/3) – National property developer PT Intiland Development Tbk held the topping off ceremony of The Rosebay, an exclusive low-rise residential property in Surabaya. The topping off ceremony was held on Wednesday, 20 March 2019 and was hosted by the Company’s management. 

Intiland’s Vice President Director and Chief Operating Officer, Sinarto Dharmawan said that the topping off ceremony was a milestone in The Rosebay project construction. Afterwards, the Company will enter the finishing stage of the façade and overall interior of the exclusive low-rise residential project.

“The Rosebay’s topping off is an important milestone and achievement for us. In the past year, we have successfully topped off three projects: the Spazio Tower, Graha Golf, and The Rosebay,” said Sinarto.

According to Sinarto, The Rosebay project is a strategic step for Company’s developments in Surabaya. The Company is committed to create new innovations in the property market to meet the demands from the modern public in time to come.

“The Rosebay is one of the highly anticipated low-rise residential properties and one of the latest developments in Surabaya’s Graha Famili complex. We aim to finish construction in this year for handover to customers,” added Sinarto.

 The Rosebay is Intiland’s latest low-rise residential project in Surabaya. Launched in 2016, the project consists of seven residential blocks varying from four- to eight-storeys high. 

The differing heights of the residential blocks blend seamlessly with its surroundings and offer stunning landscape views. In addition, its proximity to the golf course creates beautiful panoramas that are enticing to customers.

According to Sinarto, The Rosebay development complements the Graha Famili’s development plan as a prestigious integrated complex. Aimed at the middle to upper class segment, the complex is equipped with lifestyle, business, leisure, culinary, and healthcare facilities.

The Rosebay, standing on a one hectare lot, was warmly received by customers. From a total of 229 units, the Company only marketed 177 units and have sold 115 units. Since it was launched in 2016, The Rosebay units are currently on sale from Rp2.3 billion. 

The Rosebay offers units with two- and three-bedrooms with floor space ranging from 73 to 143 square meters. Each type of unit boasts unique and outstanding features and a selection of views overlooking the golf course and a sprawling garden.

The Rosebay is suitable for customers who wanted to live in low-rise condominiums that feature lush surroundings and “green building” design concepts. The concept is showcased in every aspect of the project’s design and architecture, such as the building façade and drop off areas. In addition, its open corridors maximise natural lighting and ventilation.

 “In addition to its good planning and low-density arrangement, The Rosebay’s strategic location is its main competitive advantage. Strategic location, ease of access, and low-density arrangement means luxurious living for its residents,” said Sinarto.

The Rosebay is located close to a number of facilities, such as the Graha Famili clubhouse, Roca sports club, National Hospital, retail and lifestyle areas, offices, and schools. Indeed, these facilities provide added-value and are well-suited for families. 

Moreover, privacy and comfort provide added-value for its residents. To meet their lifestyle demands, The Rosebay offers amenities such as a swimming pool, barbeque pit, jogging track, gymnasium, 24 hour security, and a Voice Comm System.

Sinarto acknowledged that the property market in the past few years has been challenging, especially that in Surabaya. However, Intiland’s management is optimistic that the property market in Surabaya will recover, particularly demand for quality developments.

The Company continues to focus on improving the quality of its developments. The Company believes that the property market will gradually recover. Development of the mixed-use & high rise segment remains one of the Company’s main strategies. Further development of the segment is a solution to the shortage and rising prices of land. In addition, such developments also respond to the increasingly dynamic demand of the urban public.