The increasing investment momentum around the Nusantara Capital City (IKN) area demonstrates the strategic role of the property sector in attracting investors and driving economic growth in East Kalimantan. The development of IKN attracts entrepreneurs and businesspeople in Indonesia to invest in the East Kalimantan region, including in the supporting cities of IKN, namely Balikpapan and Samarinda.
PT Agung Podomoro Land Tbk (APLN) is responding to the new trend and population migration to East Kalimantan, prompting the company to develop Borneo Bay Residences in Balikpapan and The Premiere Hills in Samarinda. Both areas, which carry the concept of 'Living in Style,' offer solutions for housing and property investment needs, especially in anticipation of the development of IKN. 'Agung Podomoro, as a leading, trusted, and integrated property developer, is committed to making a significant contribution to property development in Balikpapan and Samarinda, which is expected to support regional economic progress in line with the new trends in society with the presence of IKN,' explained Agung Wirajaya, Corporate Marketing Director of Agung Podomoro, in an official statement on Sunday (August 18, 2024).
Agung stated that they are committed to becoming the most prepared developer to meet the needs of workers, businesspeople, and entrepreneurs who will migrate to East Kalimantan. The management of Agung Podomoro observes a very positive economic trend in line with the initial stages of IKN development. This is likely to accelerate the population shift to this area, thus requiring housing. 'For this reason, the company is preparing a range of property products with excellent facilities as a solution to the housing needs in the IKN surrounding area through The Premiere Hills Samarinda,' said Agung.
Data from the East Kalimantan Provincial Investment and One-Stop Integrated Services Agency (DPMPTSP) shows that investment realization in the first quarter of 2024 reached 22.01% or IDR 16.73 trillion, an increase of 7.84% compared to the first quarter of 2023. This also includes the realization of Domestic Investment (PMDN) amounting to IDR 11.92 trillion and Foreign Investment (PMA) amounting to USD 320.51 million, or IDR 4.80 trillion.
Yenti Lokat, Deputy Marketing Director of Agung Podomoro, explained that the increase in investment realization in East Kalimantan represents an opportunity to meet property investment needs in the region. 'Currently, there are two property projects that we have developed in East Kalimantan, namely in Balikpapan and Samarinda. Both property projects are ready and can soon be occupied by buyers,' said Agung.
As for the property project in Balikpapan, Borneo Bay Residences, which features a superblock concept, offers a rental guarantee program for 2 years for one-bedroom units and a fully furnished program for two-bedroom units. Borneo Bay Residences provides fully furnished units to meet the demand for instant housing.
The development of The Premiere Hills takes into account its superior quality and strategic location in Samarinda. Consumers can choose this product as the best property investment option in East Kalimantan. 'With residential property prices continuing to rise, this investment offers added value in addition to the opportunity to enjoy a living space that supports a healthy lifestyle,' Yenti explained.
She added that Agung Podomoro will soon launch the second phase of sales for The Premiere Hills with promotions and in collaboration with banks for mortgage financing facilities (KPR). 'Currently, consumers are responding enthusiastically and are interested in purchasing property at The Premiere Hills. In the initial sales phase, some units have already sold out,' Yenti revealed.
The landscape of The Premiere Hills was designed by Palmscape Singapore to create a residential area with a vacation-like atmosphere every day. This area is also supported by various clubhouse faciliti
