Glostar Indonesia

Cianjur, Indonesia
  • Projected Return

    17%

  • Duration

    12 months

  • Goal

    SGD $491,000.00

  • Raised

    SGD $491,000.00

  • Time Remaining

    0 day(s) to go

Raised :
100.00%
This campaigns is over.

About the campaign creator

×
Yousuf Sultan
Cianjur, Indonesia
26 Campaigns | 0 Loved campaigns

Contact Info

Social Link

This Affordable Housing estate is built for PT Glostar Indonesia (GSI), the largest manufacturer in Cianjur with 4 shoe factories for global brands (Nike, Adidas, Reebok & New Balance) and 30,000 workers. The housing estate is beside one of these factories, with 430 small units of 2-bedroom landed houses. All 430 units are already sold and GSI has submitted information of approved buyers. Licensed Developers PT Ethis Indo Asia (PT Ethis) & PT Palapa (together referred to as ‘the developers’) require initial funding of S$1.1million for this project, of Gross Development Value S$4.5million. The developers will give Crowd-investors a pre-agreed profit- share of this project. The exchange rate is fixed at entry, and developers will absorb any changes over the investment period.