Pesona Prima Cikahuripan 2

Bogor, West Jakarta
Pledged :
140.39%
Raised :
116.14%
  • Projected Return

    11 - 13%

  • Projected Timeline

    11-12 months

  • Fundraising Goal

    SGD $218,542.00

  • Raised

    SGD $253,813.10

  • Time Remaining

    0 day(s) to go

This campaign is fully funded.

About the campaign creator

×
dev gen
Bogor, West Jakarta
54 Campaigns | 0 Loved campaigns

Contact Info

Social Link

KEY HIGHLIGHT OF THE PROJECT

This project will provide 175 families with houses which they will fully own at the end of the project. A strategic location which is set in one of the fastest growing areas in Bogor, West Java. A reputable project developer owning the land and the equipment, and ensuring the project performs efficiently. The investment is backed by assets worth 150% above the crowdfunding amount. This will protect the investor’s principal. This project provides the investors with returns higher than the market reaching up to 11% – 13% in 11- 12 months time.

OVERVIEW OF THE COMPANY

PT. Kreasi Prima Nusantara (PT KPN)

PT KPN’s focus has been on the development of affordable and subsidized housing estates. Since their inception in 2008, the regions of Bogor and Bandung has been their main area of operation. This gives the company the experience needed to carry on projects in these two areas with complete familiarity leading to greater efficiency. Please refer to the project developer’s track record below.

SUPPORTED BY

asosiasi properti syariah indonesia

PT KPN is also registered as a member of the APSI, a property developer association. This membership provides the company with credibility from an industry perspective as property associations have very rigid criteria for the maintenance of membership.

PROJECT PARTNERS

PT Kreasi Prima Nusantara (PT KPN) is led by the CEO and founder Mr. Hadiana

Mr Hardiana
PT. Kreasi Prima Nusantara

PT Kreasi Prima Nusantara (PT KPN) is led by CEO and founder
Mr. Hadiana. The team is comprised of experienced engineers
and architects. The company is well known in the Bogor region
for their continuous development project.

COLLATERALS

PPJB – Conditional Sale and Purchase certificate of the 50 housing units.
A post-dated cheque higher than the total value of the crowdfunded amount.
Standing Instruction on the project developer’s bank account to ensure the proceeds are transferred to Ethis investors.


KEY RISKS AND MITIGATION MEASURES

FX RISK

Investors may invest in their respective currencies, which will then, be converted to
Singapore Dollar (SGD). The SGD amount received will be reflected in the
investment contract. We have provided the projected ROI for this project based on our projections for the profits from the project and the current exchange rates. The actual profit you will receive may be slightly higher or lower due to currency fluctuations.

Risk Mitigation: The project developer has committed to cover a depreciation of up to 5% of the Indonesian Rupiah (IDR) in relation to the Singaporean Dollar (SGD) over the duration of the project.

 

SALE OF UNITS PROJECT

The units will be sold at IDR 158 Mil (approximately SGD 15,084). The units in the
project are classified as affordable and subsidized housing, therefore they are part of
the government housing program. The price of the housing units is fixed by the
government in order to achieve the target of providing ownership to low-income first
time home buyers. The main risk of this project is delays in the sales of units to
these end-buyers. PT KPN has a good track record of selling units timely in its earlier
phases. 

Risk Mitigation: PT KPN has secured buyers for 280 units (out of 700) with down payment in the
project. Given the development location, the project developer is optimistic about
the sale of the remaining units.
Accordingly, the exit strategy of Ethis investors will be from the sale of the first 50
units.

INVESTMENT STRUCTURE

Through a principal Wakalah letter, investors appoint PT SMB* to enter
into a Musharakah contract with the project developer.

EXIT STRATEGY

PT SMB, upon receiving the payout from PT PKN, will disburse the money to investors.

 

DISCLAIMER

This campaign facts and the content herein do not constitute as any financial advice, or solicitation for the purposes of making financial investments in Indonesia or other territories. Ethis.co is a platform specialising in the match-making of opportunities to those who register themselves as members on the Ethis platform. With regards to these opportunities, the need and onus to do due diligence lies squarely with our members as we do not profess to advise on the same. All dealings and transactions are directly with the businesses, project owners or authorised agents we refer to our members.

Invest any amount more than SGD 20,000 in this project and enjoy higher net returns.

Commit USD 100,000 or more in 3-5 projects and get access to exclusive deals and exciting discounts

Retail Investors

Become a retail investor by investing between SGD 3,000 and SGD 20,000

Silver Investor

Earn a 1% higher projected returns by investing between SGD 20,000 and SGD 100,000

Gold Investors

Earn higher returns on your investment by investing between SGD 100,000 and SGD 350,000

Platinum Investors

Get exclusive returns on your investment by investing amounts greater than SGD 350,000


Listed by

PT. Kreasi Prima Nusantara (PT KPN)

PT KPN’s focus has been on the development of affordable and subsidized housing estates. Since their inception in 2008, the regions of Bogor and Bandung has been their main area of operation. This gives the company the experience needed to carry on projects in these two areas with complete familiarity leading to greater efficiency. Please refer to the project developer’s track record below.

Reputable and Credible Project Partner

PT Kreasi Prima Nusantara (PT KPN) is led by the CEO and founder Mr. Hadiana. The team is comprised of experienced engineers and architects. The company is well known in Bogor region for their continued development project.

 

Supported by

 

asosiasi properti syariah indonesia

PT KPN is also registered as a member of the APSI, a property developer association. This membership provides the company with credibility from an industry perspective as property associations have very rigid criteria for the maintenance of membership.

Login / Register to see the content

Below is a gallery of the most recent pictures from the project site:

 

*Retail Investors : 11%
*Silver Investors: 12%
*Gold & Platinum Investors: Please get in touch with our investor relations team to get exclusive returns on your Investment

Risk Statement

The campaign duration is projected by the project owners, and based on information we receive from them. The actual completion of projects is subject to real world conditions, which may cause an extension of duration by 2 to 12 months. Any extensions will be informed to investors in projects updates. In the event of project or business failure in property projects in particular, a recovery process may be initiated to recover some or all of the capital invested.