Strategic Investment Opportunity
in West Java's Affordable Housing Sector
We hereby issue an Open Offer for the Strategic Acquisition (Takeover) of the Green Mahligai Cimeta Subsidized Housing Project located in Cianjur, West Java. This is a unique, debt-free, shovel-ready development poised for immediate market entry with the right capital injection. We invite qualified investors and developers to evaluate this compelling opportunity.
Project Summary:
Project Name: Green Mahligai Cimeta
Concept: Subsidized Housing (Rumah Subsidi)
Location: Cianjur, West Java
Total Land Area: 22,000 square meters (m²)
Permitted Land Area (Initial IMB): 6,000 square meters (m²)
Key Project Highlights & Legal Status
1. Land Legal Status:
- Acquisition Complete: The entire land area (22,000 m²) has been successfully acquired and is fully released (pembebasan lahan).
- Current Status: Documentation is currently in the process of upgrading to Sale and Purchase Deed (Akta Jual Beli / AJB) for all plots.
2. Building Permit (IMB):
- Initial IMB: The Initial Building Permit (Izin Mendirikan Bangunan / IMB) has been partially issued for the first phase (6,000 m²).
- Expansion in Progress: The application for IMB expansion is currently being processed to accommodate the full development, following a necessary adjustment due to a regional spatial planning change (previously categorized as a green zone).
3. Sales and Marketing Status:
- Units Sold: Currently, zero units have been sold.
- Market-Ready: Sales are planned to commence immediately upon the completion of the legal status upgrade from AJB to Certificate of Ownership (Sertifikat Hak Milik / SHM), which is the immediate bottleneck due to working capital constraints for certification costs.
4. Financial Condition:
- Debt-Free: The project is completely unencumbered by bank loans, third-party debt, or any other outstanding financial obligations. This offers the acquirer a clean balance sheet for immediate operational restart.
Acquisition Details
- Acquisition Value (Takeover): IDR 10,000,000,000 (Ten Billion Rupiah)
- Negotiation: The offered price is Negotiable based on the proposed closing terms and speed.
- Primary Capital Requirement: The immediate working capital requirement is focused on accelerating the final land certification process (AJB to SHM) to rapidly clear units for public marketing and sales.
Available Documentation (On Request)
The following essential legal and planning documents are available for due diligence:
- GMC Housing Project Site Plan (download)
- Site Plan Endorsement Approval Letter (SURAT PERSETUJUAN PENGESAHAN SITE PLAN) (download)
- Initial Building Permit (SURAT IZIN MENDIRIKAN BANGUNAN / SIMB) (download)
- Regional Spatial Planning Information (KETERANGAN RENCANA KABUPATEN) (download)
- Spatial Utilization Activity Suitability Approval (PERSETUJUAN KESESUAIAN KEGIATAN PEMANFAATAN RUANG KEGIATAN BERUS) (download)
Interested parties are invited to submit their formal Letter of Intent (LOI) to initiate the due diligence process.
Contact for Inquiries:
Vivi: Alus News
088212674282
alusnewsoffice@gmail.com