Property Tax Incentives Boost Ciputra International’s Marketing Sales
Monday, 14 June 2021

The marketing sales of Ciputra International increased almost double in the second quarter of 2021 due to the Value Added Tax (VAT) incentive of 100% for ready stock properties priced at a maximum of Rp2 billion per unit which has been positively responded by consumers and property investors. Most of the sales were coming from 70% of the ready stock units in the San Francisco Tower at unit prices starting from Rp 800 million for a studio type, Rp 1 billion for a one-bedroom type, Rp 2 billion for a two-bedroom type and Rp 3 billion for a three-bedroom type.

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