11 September 2014
GROUNDBREAKING CEREMONY OF THE CITY SQUARE
The City Square is one of three hotels owned and developed by Sentosa Group. The other two are located in Bali, namely Bedrock Hotel and Euphoria Hotel. For information, The Bedrock and Euphoria room units have been sold while The City Square only has 15% units left at the moment.
According Ferdinand Frederik, The City Square has 2 towers which are including apartment and condotel. The first tower has 27 floors while another one has 30 floors. The apartment should consist of about 400 units and for the condotel 160 units will be constructed. He added, “At the moment, the hotel and apartment developments have shifted to East and South Surabaya. The City Square development has answered all challenges of residential demand which becomes so high recently”.
As the owner of Sentosa Group, Ir. Boedi Sentosa expected the project could develop and advance Wonocolo area itself. He thanked to all parties including Wonocolo local society for welcoming the City Square development.
At the same time, Anneke from Pro/Max affirmed that public enthusiasm of residence is quite high. It has been proven by the numbers of sold out units which has reached 75% or 200 units in the first week since its launch. “We are in the “almost sold out” situation. We are proud of The City Square that has the foresight in choosing the strategic area and potential prospect in Surabaya, moreover, it is Margorejo area which is definitely an elite area,” Anneke added.
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