The high-rise residential property market is predicted to be more vibrant in 2021. Numerous indicators have already pointed towards this pick up since the fourth quarter of 2020 when there was a 15% increase in searches for apartment sales in Jakarta on the property portal Lamudi.co.id.
According to Anton Sitorus, Director of Research Consultancy Savills Indonesia, the property business, especially in the apartment segment, is still promising, considering that the vertical housing model is really needed, especially in big cities like Jakarta.
“Apartments are very suitable to be chosen by the people of Jakarta as a place to live, due to the dwindling availability of landed houses. Not only that, but apartments can also be an option for young executives who want to have a residence near their workplace, because many apartments are built close to office areas,” said Anton.
Anton stated that the business of buying and selling apartments in the country is expected to start picking up in the second quarter of 2021, especially if the government can reduce the numbers and the spread of Covid-19.
“The government is currently handling the pandemic very seriously, providing Covid-19 vaccine for the public as one of the examples. Handling Covid-19 is very important, because it will create a sense of confidence from the public if they want to buy property,” said Anton.
Meanwhile, according to Kundarso, General Manager of SQ Rés, choosing to live in an apartment is the right solution for people in big cities; to avoid congestion and to save time. Apartments built within a mixed-use concept, make it possible for residents to go to the office or shopping areas without having to use a motor vehicle.
“Apart from that, the attraction of living in an apartment is that it has lots of facilities to pamper you and offer comfort. A sort of oasis for residents in the big city. That’s why it’s no surprise that living in an apartment is growing in popularity for urban people who demand a practical life,” said Kundarso.
If you are currently planning to buy an apartment, the SQ Rés units are can an attractive choice for those in South Jakarta. The apartments, which are located within the South Quarter Mixed-use Development on Jalan RA Kartini, Cilandak Barat, TB Simatupang, South Jakarta, is perfect for those in need of a residence with a strategic location and complete facilities.
SQ Rés is built along the premier corridor of TB Simatupang CBD, between MRT Fatmawati and MRT Lebak Bulus. The residents are also minutes away from Jakarta’s best lifestyle district, Pondok Indah.
Located only 500 meters from the Fatmawati MRT Station and 600 meters from the Lebak Bulus MRT Station, Residents at South Quarter can take advantage of easy mobility throughout the city. To make it even easier for residents, the building management also provides shuttle services direct to the station.
SQ Rés was built around the concept of a tropical resort, which is a modern resort-style residence equipped with complete facilities and comfortable areas to socialize, relax and gather with friends or family.
The residential development includes 2 towers with a height of up to 21 floors each and various unit layouts designed for young families and executives. Ranging from the Studio Unit at 30 sqm starting at IDR 1.1 Billion to the Ultra Flexible Dual Key Unit at 117 sqm which offers the option of combining the apartment into a 3-bedroom unit, or two separate apartments. Limited 1 Bedroom and 2 Bedroom Aprtments are still available for future residents.
The SQ Rés apartment complex is equipped with various facilities, including a resort-style swimming pool, elevated jogging track, fitness center, restaurants, café, elevated walkways, meeting rooms, children’s play area, ATM Center, car and bicycle parking, park & ride to Fatmawati MRT, yoga studio, as well as health room, spa and saina. The ample health and fitness facilities does not exclude the common areas to focus, meditate and be productive, such as libraries, co-working spaces, cinema, laundry and others.