Property Investment for Business Premises is Popular with Young People – 2024-07-05 08:40:13

Property Investment for Business Premises is Popular with Young People
 – 2024-07-05 08:40:13
Illustration of property to be used as a place of business. (Special Doc)

YOUNG people tend to invest in property business to be used as a place of business. In fact, to realize their ambitions, they do not hesitate to join banking mortgages.

A number of developers are also trying to reach the youth market segment by building 2-in-1 concept office shophouses, namely two-story shophouses, with the upper floor as office space, while the lower floor is for other businesses.

“Hana Business Square is a concept that is highly sought following, both by the general public and young people who want to open a business and an office in one two-story shophouse,” said Harvest City Sales & Marketing Director Hyronimus Yohanes during the handover of the keys to Hana Business Square phase I to consumers.

Hana Business Square is a business and office space that is strategically built in the middle of the Harvest City area. In a short time, this shophouse was bought by consumers who were almost all young people.

According to Hyronimus, or usually called Ronny, Hana products are very suitable for young people because of their modern design and different from the shophouses around Cibubur.

In terms of price, the development of the Hana shophouse area is also very fast. The initial price in September 2023 was IDR 800 million, now for the same type it has reached IDR 1.2 billion.

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“That means, within 9 months the price has gone up 40%. In fact, for the second phase of Hana shophouses that will be opened, the price is projected to reach Rp1.2 billion and might climb to Rp2 billion,” he said.

According to him, it might happen because Hana shophouses are considered luxurious, elegant, and of high quality. In addition, with a price of Rp2 billion, it is still affordable compared to other places around Cibubur which reach Rp3 billion.

GM Marketing & Sales Harvest City Rymond Santoso emphasized that Harvest City is the largest area in East Jakarta compared to several other developers in the surrounding area.

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With the potential of vast land, future development will be even greater. With toll access at several points to Harvest City, such as the Transyogi route (Cibubur – Cileungsi – Jonggol), making this area a favorite place to live, especially following the operation of the Jatikarya and Nagrak Toll Gates which are part of the Cimanggis-Cibitung toll road.

“So, it is not surprising that in the next 10 years, Harvest City is projected to develop more than other developers in the surrounding area,” he added.

Raymond also mentioned that to facilitate the purchase of the second phase of Ruko Hana, consumers will be facilitated because of the cooperation with 20 banking partners, thus facilitating access to KPR financing.

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