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Ascott Residence Trust
Annual Report 2015
Indonesia
Ascott Reit owns two leasehold properties in
Indonesia. Located in Central Jakarta’s Golden
Triangle business and shopping district, both Ascott
Jakarta and Somerset Grand Citra Jakarta have 204
units each.
The average length of stay at our properties in
Indonesia is about six months.
Properties
2
Units
408
Total Revenue (2015)
S$17.6 million
Total Gross Profit (2015)
S$6.4 million
Valuation as at
31 December 2015
S$108.1 million
Ascott Jakarta
Operations Review