Ciputra Pursues Citra Marga’s Marketing Sales Target
PT Ciputra Residence is pursuing Citra Maja Raya's marketing sales target of Rp 750 billion in the remaining two months of this year from the integrated city project located in the Maja region, Lebak, Banten. By the end of September, the subsidiary of PT Ciputra Development Tbk (CTRA) had achieved 70 percent of the target.
Citra Maja Raya is an integrated city project stretched across 2,600-hectares (ha) of lands. Its development has reached the second stage with an area of 500 ha. Ciputra Residence plans to build 7,000 housing units with prices below Rp 400 million per unit this year, expecting that all lands in Citra Maja Raya can be developed in the next ten years.