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Property developer PT Lippo Cikarang Tbk (LPCK) [1.890 -70 (-3.6%)] currently has completed 50% of the project The Elysium Hotel which consists of 12 residential clusters.

Residential Sales & Marketing Division Head LPCK [1.890 -70 (-3.6%)], Syukurman Larosa said the construction of 12 clusters it occupies a land area of ​​126 hectares.

"Project megaklaster developed since 2008 is scheduled for completion in 2014 with the amount of 3,500 residential units," he said in Jakarta, Monday (10/10).

According Syukurman, Florencia is a cluster of six projects that were developed in the Elysium Residence and built in three stages, where stages 1 and 2, each of which was launched on December 11, 2010 and March 26, 2011.

While Florencia 3 was built as many as 63 units launched on 24 September 2011 and the price of Rp 660 million and experienced a significant increase in prices of the two previous stages, which was launched at a price of Rp400 million to Rp500 million phase 1 and phase 2.

"The launch of Florencia 3 at the right time to see the condition of the property industry is getting better, supported by national economic and political conditions are conducive," he described.

Meanwhile, the five clusters that have been built in advance, ie, Elysium Garden, Le Jardin, Ivory Garden, Greenwood, and Oakwood.

As a property developer, Lippo Cikarang develop integrated city in Jakarta, West Java, with an area of ​​about three thousand acres and is currently at least 320 thousand people who conduct business activities in the region.

Until now, the company has built nine units of dwelling units by the number of residents more than 30 thousand people. In addition, the company also is preparing a direct access to the Lippo Cikarang in Cikampek toll road 34.7 km are estimated to be fulfilled in November 2012.

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