The Zora in Tangerang

Name: The Zora
Brand: Sinar Mas Land
SKU: 20028
Availability: InStock

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Project info

Object ID: 20028

Finished at	April 2022
Price, m²	From 2235$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 58.00 m²
Floors	2
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket
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Return on investment for apartment

with price

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

129,630$

Net profit

7,229$

Payback period

13.7 years

Avg property value increase per year

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About the project

The Zora is an authentic Japanese residential development spanning 19 Ha, akin to a bridge for all generations with the nuances of Japanese-Indonesian cross-cultural heritage and is intended for three generation family living. The Zora is a joint development between Sinar Mas Land and Tangerang Realty Investment (TREI), a subsidiary of Mitsubishi Corporation which in itself is a consortium of several prominent Japanese companies involved in the development of railroad and transportation.

Developer

Sinar Mas Land is the largest and most diversified property developer in Indonesia. The company is known for its rich experience of more tha…
Details about Sinar Mas Land