July 25, 2024
Borneo Bay City has a strategic location in the business and government center of Balikpapan City, precisely on Jalan Jenderal Sudirman 1 which faces the Makassar Strait. From SAMS Sepinggan International Airport only 15 minutes, from Semayang International Harbor only 7 minutes, and from Pertamina Balikpapan Oil Refinery only 8 minutes.
And about 20 minutes from the government center of the new capital via the upcoming Balikpapan–Penajam Paser Utara sea toll road. Accessibility to Borneo Bay City is also very easy because it is located in the business center which is traversed by various public transportation in Balikpapan City.
Borneo Bay City is a luxury superblock strategically located in Balikpapan, promising an international standard lifestyle that has never been seen before in Balikpapan City. Apart from that, Borneo Bay also offers a 2 year rental guarantee which is an attraction for potential buyers.
Designed by DP Architects Singapore, who have extensive experience in iconic projects such as The Dubai Mall and Singapore Flyer, Borneo Bay City has designed every detail to meet the highest standards in terms of design, landscape and facilities.
Situated on 10 hectares of land, Borneo Bay City is a perfectly integrated superblock. This area offers various premium facilities including a 5-star hotel, three large shopping centers such as Plaza Balikpapan, Balikpapan Trade Center, and Podomoro Bay Mall, as well as seven apartment towers including 1,220 units. Not only that, this area is also equipped with recreational facilities such as an exclusive beach club and Bay Park, a 2 hectare green open space.
Plaza Balikpapan, which has been a shopping icon since 1992, has also become an integral part of Borneo Bay City by offering various national and international tenants such as Gramedia, Starbucks, KFC and CGV Cinemas. With the addition of Podomoro Bay Mall, which covers a building area of approximately 86,000 square meters, Borneo Bay City will become a modern and exclusive shopping center that is much needed by Balikpapan's growing population.
The facilities in the Borneo Bay City apartment are no less interesting with the private sky facilities available for residents on the 11th floor. These facilities include 4 swimming pools including an infinity pool and jacuzzi, jogging track, BBQ area, club house, fitness center, sauna, outdoor area. children's play area, and a large green open park, covering an area of 1 hectare.
Apartments at Borneo Bay City offer a choice of four unit types, from studio to three bedrooms, with prices starting from IDR 800 million. The concept of "living in green and blue with harmony" is presented to create a welcoming and friendly environment for all its residents, offering a modern lifestyle on the beautiful waterfront of Balikpapan City.
With all the facilities and comfort offered, Borneo Bay City is not only an ideal choice for those looking for international standard housing, but also changes the face of Balikpapan into a more modern and dynamic city for families and the community.
In property investment, there are two main types of profits: capital gains and yield. Capital gain is the difference between the selling price and the purchase price of the property. The appointment of East Kalimantan as the new capital of Indonesia is expected to cause an increase in property prices in this province, especially in Balikpapan as a buffer city. Borneo Bay City's strategic location in the Balikpapan CBD makes it very attractive for investors.
As a comparison, the price per square meter of land on Jalan Sudirman, Jakarta, currently reaches IDR 200 million. It is very possible that property prices in the new capital area in East Kalimantan will experience a similar spike.
Another advantage comes from yield, namely the profit obtained from renting out property. Borneo Bay City, which is the main choice of residence for hundreds of Hyundai's foreign experts, offers a rental guarantee for investors. With apartments that are ready to live in and can be rented out immediately, investors can benefit from both capital gains and yields.
The presence of the new capital city is estimated to bring in around 1.5 million ASN and millions of new immigrants who are active in the micro, medium and large economic sectors. They have the potential to buy or rent apartments with various rental schemes.
In the future, residents of Borneo Bay City will find it easier to reach SAMS Sepinggan International Airport and the ferry port because of the coastal road with direct access to the front of the area. With so many benefits to be gained, there is no reason to delay investing in Borneo Bay City.
The Borneo Bay City superblock in Balikpapan, East Kalimantan, is believed to be the residence for hundreds of South Korean experts from Hyundai Engineering Co., Ltd who are working on the Pertamina Refinery Development Master Plan (RDMP) megaproject worth US$ 7 billion.
This project will absorb tens of thousands of direct workers, with an initial estimate of 14,000 workers, and this number is expected to continue to increase according to the development of the Pertamina project in Balikpapan. Borneo Bay City is committed to providing international quality housing for more than 300 foreign workers from Korea who work on the RDMP project.
The Borneo Bay City superblock is the main choice thanks to its very strategic location, only 8 minutes from the Pertamina refinery development project. Various five-star apartment facilities can be enjoyed directly by the residents.
By choosing Borneo Bay City as a residence for hundreds of foreign workers from Hyundai Engineering Co., Ltd, investors who buy apartments there get rental guarantee benefits, as well as capital gains and yields. Apartments in Borneo Bay City are ready for occupancy and can be rented directly to residents or workers in Balikpapan.
The decision to move the capital city to East Kalimantan is good news for the people of Kalimantan Island. East Kalimantan deserves to be the new capital because it has a number of advantages, such as large land areas, free from earthquakes and volcanic eruptions, and sufficient water resources.
Balikpapan, as the main buffer city for the new capital area, will get the biggest positive impact from the capital city move. This has caused property industry activists in Balikpapan to become increasingly enthusiastic, because demand for housing, especially in premium areas, is predicted to increase significantly.
Don't miss the golden opportunity to own a residence in Borneo City Bay, a superblock area that offers many benefits and has very promising investment potential. Borneo Bay apartment units not only provide comfort and luxury, but are also equipped with various modern facilities designed to improve the quality of life of its residents.
For more complete information regarding available units, prices, and various other attractive offers, please visit our official website at booking.agungpodomoro.com!