Mega Development is seeking funds of Rp420b to finance the mix-use development of Vivo Sentul in Bogor. The company estimates that it will need Rp600b to develop the mix-use. Since Feb 16, the company has begun the construction of Vivo Sentul Phase 1, which is expected to be completed in late-17. The company targets to achieve marketing sales of Rp500b this year.
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