Kingland Avenue Recommend SOHOTEL, Residential Investment as well as the Most Promising Business Place in Tang

JAKARTADAILY.ID --- After successfully carrying out the handover of The Venetian apartment unit, the property developer Kingland Avenue launched a new property investment product titled SOHOTEL at Kingland Avenue. This property was built as a multifunctional residence that combines office areas and serviced apartments like a 5-star hotel.

This combination of benefits is believed to support the millennial lifestyle who prefers a flexible work environment with the concept of remote working. SOHOTEL location is built close to the airport, namely South Tangerang, Banten Province, Indonesia. In that way, this residence can support the WORKCATION – Work and Vacation trend or work while on vacation in the digital nomadic style that is currently mushrooming among young professionals during the pandemic.

Therefore, apart from being functioned as a hotel room, SOHOTEL at Kingland Avenue which is operated by Cordela & Omega Hotel Management can be used as an office, a place to study or various other businesses.

Managing Director of Kingland Avenue, Andy Candra said, SOHOTEL at Kingland Avenue is a new concept in property investment that is the most profitable today because it guarantees a return on investment (ROI) of 16 percent. This advantage is because the units owned can be used as hotel rooms so that the owner of the unit can get rental benefits. On the other hand, said Andy, buyers do not have to worry about the property not being built because the units are in ready stock condition.

“SOHOTEL has a target of visitors from professional workers because of its location which is only a step from the business center in BSD City, which is currently the largest digital hub area in the Jabodetabek area. Several leading technology companies such as Traveloka, Grab, Apple Developer Academy, Juniper and several other technology companies have offices here," he said.

Andy explained, SOHOTEL at Kingland Avenue offers 7 advantages, including a strategic and prestigious location, a unique and much-needed concept, managed by one of the fastest growing operators, very high projected occupancy rate, guaranteed return on investment of 16% (ROI), potential very high capital gain and free service charge and free stay of 21 nights for the owner.

"Property investment yields in the central business district are still quite high, as is the potential for price increases (capital gains)," he said.

In contrast to hotels, SOHOTEL at Kingland Avenue units offer a loft concept with spacious and comfortable room sizes. The mezzanine floor area is used as a bed, while the ground floor is used as a work space as well as a meeting place because it is equipped with a long table. Meanwhile, the facilities offered include; club house, Grand Swimming Pool, Jogging Track, Indoor Sports Club, Zen Garden and various other facilities.

SOHOTEL at Kingland Avenue is marketed exclusively with four types, namely: Work-Loft A (3 Bedroom) covering an area of ​​82-83 square meters (m2), Work-Loft B (3 Bedroom) covering an area of ​​68 – 73 m2, Work-Loft C (1 Bedroom) with an area of ​​46 – 51 m2 and Work-Loft D (1 Bedroom) with an area of ​​40 – 44 m2. To prospective buyers, Kingland Avenue also provides various payment methods, including hard cash, gradual cash, and Apartment Ownership Credit (KPA) Express with a year-end down payment (DP) discount promo of 10%. (*)