PANGHEGAR Group, which owns the Grand Royal Panghegar Bandung, is expanding its portfolio with new condominium and apartment projects in Bandung, Garut and Bali.
Hilwan Saleh, director, Grand Royal Panghegar, said: “We successfully introduced the condotel concept in Bandung by launching a 300-unit condotel and 200-unit apartment at our (flagship property) Grand Royal Panghegar, and (are) now moving to develop the model in other areas.”
The 156-unit Panghegar Dago Resort & Spa within the Dago Golf Course in Bandung is currently under construction. The resort is scheduled to open in 2013.
Hilwan said: “The development of the resort, with spa and meeting facilities, is expected to revive the popularity of the golf course, which has been there for many years.”
Panghegar is also building a 150-unit property with a mini water park and spa in Cipanas, Garut, in West Java. In Bali, it is developing a 600-unit condotel and 100 villas in Pecatu, and a villa estate in Purnama, Sanur.
