Cove banks on Indonesian rental market to fuel growth
Unlike its buildings in Singapore, which cater to a big group of expat and also foreigner clients that compose around 60 to 65% of its user-base, in Indonesia, Cove’s business is much more localised, with Indonesians composing over 95% of its clientele.
In Jakarta, Cove largely focuses on 2 sections, the first being college student. Its front runner pupil living advancement is the 138- space Cove Hillcrest, developed in partnership with Indonesia-listed property programmer Lippo Karawaci. Found in the Lippo Karawaci location in Tangerang, Cove Hillcrest aims to deal with college student at the nearby Pelita Harapan University.
For Jokelson, …
