Key insights and market outlook
PT Timah Karya Persada Properti (Timah Properti), a subsidiary of PT Timah Tbk, is expanding its affordable housing portfolio with the upcoming launch of the 10th cluster in its Familia Urban development in Bekasi. The project, spanning 176 hectares, has successfully developed nine clusters since its inception in 2016. The development's success is attributed to its strategic location, comprehensive facilities, and family-friendly environment.
PT Timah Karya Persada Properti (Timah Properti), a subsidiary of PT Timah Tbk, is set to launch the 10th cluster in its Familia Urban development in Bekasi. This expansion continues the company's commitment to providing affordable housing in the region. The Familia Urban project, initiated in 2016, spans 176 hectares in Mustika Jaya, Bekasi, and has successfully developed nine clusters to date.
The success of Familia Urban can be attributed to several key factors. According to Abdul Kamaroes, CEO of Timah Properti, the combination of the development's strategic location, comprehensive facilities, and family-friendly environment has been crucial in maintaining high demand. The area has also benefited from improving infrastructure and accessibility in East Bekasi, enhancing its appeal to potential buyers.
The development of Familia Urban aligns with the growing demand for affordable housing in Bekasi. As infrastructure projects continue to enhance connectivity and accessibility in the region, the attractiveness of the area is expected to grow further. Timah Properti's continued investment in this project underscores its confidence in the local property market and its commitment to providing quality, affordable housing.
New Housing Cluster Launch
Property Development Expansion