Ciputra World Jakarta is developed by PT Ciputra Property Tbk, our subsidiary, and covers an area of 10 ha which is located on Jl. Prof. Dr. Satrio Lot 3 & 5, Lot 6 and Lot 11.
On Lot 3 & 5, a 5.5 ha, a super block consisting of a shopping mall (136,000 sqm), condominiums (136 units), serviced apartments (170 units), a 5-star hotel (180 rooms), premium residences (88 units) and an office tower (73,500 sqm), will be developed. The property is currently under construction and is planned to be completed in 2012.
On CWJ II (lot 11), apartments, office towers as well as W Hotel Jakarta will be developed. The development of Lot 11 commenced in January 2012 and is expected to be completed in 2014.
Whereas the development of CWJ III (lot 6), consisting of apartment and office towers, will commence upon the completion of Lot 11.