Fakky Ismail Hidayat, Senior Associate Director of Advisory and Investment at Knight Frank Indonesia, said that land price in Serpong, Tangerang, ranges from Rp 800 thousand to Rp. 7 milion per square meter. The secondary market residential properties in that region range between 100 square meters to 500 square meters. The development of various supporting facilities and new residential clusters boost the rise of property value in Serpong, including secondary market residential properties. The supporting facilities include hotels, convention center, malls and education facilities.
Source : Indonesia Finance Today
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