Balikpapan primp to semimetropolitan

The availability of infrastructure such as electricity and clean water is still a constraint, but the property business in Balikpapan keep moving up. Superblock become one type of property that appears in the oil city.

Seven-in-one concept is one selling point offered by PT Regis Wake Laksana (PAM Group) in Balikpapan Superblock project. Inside were a.l. apartment, Supermal, shop, city walk, park offices, and Water World. Walk to city facilities, consumers are pampered with cafes and restaurants.

To realize the project's area of 15 hectares, the funds reached Rp2 trillion buried.

Besides Balikpapan Superblock, the city which is the business center in East Kalimantan also has a Grand Sudirman Balikpapan built Helindo Bangunraya PT Sejahtera. This project has three built-hotel towers, offices, apartments / condominiums, in an integrated area which began full operation in August 2008.

In the project's area of 2 ha are Panin Tower with 17 floors. Two other towers are Aston Aston Residence and the realization Grand Sudirman a matter of time.

Switch to PT Hasta Kreasimandiri. Hasta Group subsidiary is working on shopping centers and hotels combined with the 80-meter-high apartment consists of 17 floors which is named the New Market Square.

In the early completion of development targets the second half of next year, now PT Hasta has completed erection mall structure. Living process and structure of the apartment hotel building. Branch PT Hasta Kreasimandiri Puguh Santoso said the physical condition of progress was 70%. Ground floor of the stalls will be occupied by 2148 merchants.

The project, which swallowed Rp500 billion and occupies 130,000 m2 area consists of 25 shop units, 64 apartment units and 130 hotel rooms. Plus five-storey parking area that can accommodate 1,000 units of motorcycles and four-wheeled vehicle 800.

Not to be outdone, the city of Balikpapan is also the arrival of new players, namely Indonesia PT Session Properties which plans to establish regional Seaview Beach Apartment Permai Mas and PT Pandega Citraniaga who worked for The New Plaza Balikpapan. Currently speeding Pandega Balikpapan Trade Center building that is part of the grand design of the expansion.

Sea panorama

Most developers rely on Balikpapan panoramic sea as one jualannya.

Jalan Sudirman along 8 km of the city's oil is located in the Balikpapan Bay waters. Storey buildings or apartments around the area also has a sea view when its sunny blue or black sea bathed in light-rig drilling rig offshore oil in at night.

Still from the Sudirman area, along the shore of Balikpapan Bay, local government plans to build a coastal road. In the next six months, estimated the development will be rolling coastal road.

This step is more stable after Balikpapan municipal government signed a memorandum of understanding with PT Indoliziz, one Malaysian contractor to build this coastal road. Development plans coastal road starting from the harbor to Semayang Sepinggan Airport and spent the funds Rp2, 5 trillion.

"This area will be extended to the sea and was able to boost the emergence of new property projects and encourage the city into semi-metropolis," said Sudiyanto.

At least five developers who are interested to join the development work on the coastal road PT Seaview, PT Pandega Citraniaga, PT Hasta Kreasimandiri, and PT Bangun Laksana Wulandari.

Business development property in Balikpapan is the middle stretch. Private circles also welcomed the positive signs of this.

Chairman of the DPD Real Estate Indonesia (REI) Kaltim J. Sudiyanto, revealed in addition to Samarinda, Balikpapan is a pole of the property market developments in the province.

If Balikpapan superior than the expatriate population that boost the property market apartments in the area, so strong in the market Samarinda landed house.

"Property market in East Kalimantan continues excited now, either apartments or landed house," said Sudiyanto.

So is the Vice Chairman of Kadin Kota Balikpapan Ervan assess the banner of the property market in Balikpapan has been enormous. Live how synergizing Balikpapan municipal government work programs to offset the property development business area integrated with other public facilities to community needs.