PT Cowell Development Tbk

PT Cowell Development Tbk Overview

PT Cowell Development Tbk is one of the leading property developers in Indonesia, specializing in the mid high-end property development. Established on March 25th, 1981, the Company has been constantly delivering and creating unique and quality products to meet the market demands.

Initially established as PT Internusa Artacipta, the Company changed its name in 2005 to PT Karya Cipta Putra Indonesia. In 2007, the Company finally changed its identity to PT Cowell Development Tbk.

Over the years, the Company has undertaken high quality projects. The Company commenced its first project in 1984, developing Melati Mas Residence (formerly known as Villa Melati Mas), a residential property located in Serpong, South Tangerang. In the subsequent years, the Company expanded its coverage to apartment and commercial building development projects.

Today, PT Cowell Development Tbk portfolio consists of five residential properties, namely Melati Mas Residence, Serpong Park, Serpong Terrace, Laverde, and Borneo Paradiso, and multi-storey buildings such as Westmark, The Oasis, and Lexington Residence. The Oasis and Borneo Paradiso are developed under the mixed-use concept, which combines residential, commercial, and supporting facilities in one sizeable area.

The Company's high standard has earned it good reputation for its remarkable and outstanding projects. This tremendous achievement has brought up the Company to be one of the prominent, respected, and profitable developers in the property industry.

In 2004, PT Cowell Development Tbk initiated a new housing complex called Serpong Park. The company is engaged in the development, management, and marketing of land and buildings, including real estate and other commercial buildings. The company also developed an apartment for the upper middle segment in West Jakarta, Westmark Apartment. Its subsidiaries include PT Sandi Mitra Selaras, which is engaged in property development, and PT Plaza Adika Lestari, which is engaged in property management.

On July 11, 2014, PT Cowell Development Tbk announced that it has acquired 84.99% of shares in PT Nusantara Prospekindo Sukses.



Graha Atrium, 6th Floor Jalan Senen Raya No. 135 Jakarta 10410


(021) 386 7868

Daftar Proyek Oleh PT Cowell Development Tbk

Grand Central


Grand Central Bogor Apartment is a vertical residence located in Cibogor, Bogor, West Java. This apartment was developed by PT Mega Graha Citra Perkasa, which believes that even though property market conditions are still slowing and are predicted to not recover in the near future. This apartment will have a total of 833 units occupying an area on Jl. Mayor Oking, or right next to the Bogor Electric Rail Train Station.   Developer of Grand Central Bogor Apartment, which is a subsidiary of PT Cowell Development, Tbk. is planning for the initial phase will release 400 units in the market first. This apartment is available in two typical units, namely studios measuring 25 square meters and two bedrooms with dimensions of 42 square meters and 86 square meters. In addition to commuters or commuters working in Jakarta or commuters working in Bogor, PT Mega Graha Citra Perkasa also targets millennial.   Grand Central Bogor Apartment is designed with the concept of smart connecting living, which is an integrated housing with interaction, communal, office, entertainment and commercial centers in plotting areas called smart junction boxes. This term refers to the mapping of integrated areas around the area of ??Jl. Major Oking in the future, which when drawn with a virtual line pull, will form a box (box). In addition, the distance of this apartment is only one step to the Bogor KRL station, making it easier for you to work in Jakarta.   Grand Central Bogor Apartment is predicted to be very promising because of the high property market growth until 2020. The opportunity to get yield and gain from apartment investment is also quite large because the price is still low. With this competitive price, the opportunity to profit from rising prices (capital gains) and passive income from the rent value in this apartment can be very high.   Grand Central Bogor Apartment offers complete facilities in the form of Sky Garden, Sky Pool, Kids Pool, children's playground, fitness center, multi-function room, Outdoor seating, Triple-play (high-speed internet, cable TV and IP-Phone), Start-up company offices, theme parks for pedestrians, shuttle bus services, cafes, restaurants, smart apps systems, three layers of security 24 hours with CCTIV, and Health and Beauty areas.   In addition, Grand Central Bogor Apartment will also be equipped with a co-working space in the form of rows of office houses to accommodate the millennial who need a shared work space in the Bogor area. This apartment features this facility as well as a comfortable, cost-effective and relaxed work ecosystem.

45 Antasari

Jakarta Selatan

The 45 Antasari Apartment is designed to fulfill a true cosmopolitan lifestyle in South Jakarta. This iconic development stands on 2.5 hectares of land located at the intersection of Antasari and TB Simatupang. This apartment is within walking distance to the business center, entertainment center, and recreational and culinary destinations. Every access road is very strategic, because you only need 5 minutes from JORR Toll exit Cipete-Pdk Labu, 5 minutes to CITOS, 10 minutes to Kemang, and 15 minutes to Pondok Indah.   The 45 Antasari Apartment has 35 floors and 837 total apartment units. This apartment is in an integrated business area and is surrounded by several office buildings such as Talavera Tower, Ratu Prabu Tower, Alamanda Tower, Menara 165, and so on. The location of this apartment is also on the Antasari-Depok-Bogor toll road, which is under construction. So, road access will be easier and more practical for the residents and visitors of this apartment.   Most of The 45 Antasari Apartment neighborhoods are left open to facilitate residents and visitors to be able to enjoy views of the city. The comfort obtained from this apartment is supported by internal facilities offered, such as a swimming pool, jacuzzi, sauna, children's playground, fitness center, jogging track, mini market, restaurant, BBQ area, ATM center, and security 24 hour.   In addition, there are also premium facilities at The 45 Antasari Apartment, the concept of alfresco dining. There will be three floors at 45 Antasari, which are filled with a variety of popular foods. The concept offered by 45 Antasari was well received by the community, with competitive prices to target the sale of all apartment units.   There are several types of units available at The 45 Antasari Apartment, which can be chosen by residents and visitors, including studio type (29 m2), 1 BR (44 m2), 1 BR Premium (58 m2), and 2 BR (65 m2). ) In order to support the cosmopolitan lifestyle of the capital city community, in front of the apartments good public transportation such as the MRT and LRT will be available, whose construction is still in process and will be completed soon from the government. Later this area will also become the Next CBD so that rental and sale prices will go up. Capital gain will also increase dramatically by itself.  

The Oasis


The Oasis Apartment is an apartment built on 13.5 ha of land and is located in the Bekasi area by PT. Cowell Development, Tbk. This apartment is located at the intersection of Jl. Raya Cibarusah and Jl. MH. Thamrin which is the connecting road for the Jababeka and Lippo Cikarang city projects. Thus, the state of the apartment automatically resides in the largest industrial area in Bekasi.   Developer of The Oasis Apartment, PT. Cowell Development, Tbk. is one of the leading property developers in Indonesia that specializes in the development of top class properties. Founded on March 25, 1981, the developer has constantly provided and created unique and quality products to meet market demand. In the following years, the company expanded its scope to apartment and commercial building development projects. Currently, the developer portfolio consists of five residential properties, namely Melati Mas Residence, Taman Serpong, Serpong Terrace, Laverde, and Borneo Paradiso, as well as multi-storey buildings such as Westmark, The Oasis, and Lexington Residence.   The Oasis Apartment carries the Urban Life concept, so this apartment is suitable as a place of residence for those of you who have a dynamic lifestyle. In addition to carrying the concept of Urban Life, this apartment is also equipped with Green Living facilities by presenting a beautiful and cool roof garden. There are also many additional internal facilities such as shady lake views, swimming pools, spas, business centers and lounges, ATM centers and playgrounds for children. In addition, you can find cafe bars, gyms, saunas, tennis courts, squash, mini markets, 24-hour food mart, access cards on each floor, 24-hour security, CCTV, and taxi pools.   The residents and visitors can choose from the available units in The Oasis Apartment, including the studio type, type 1 BR or 1 Bedroom, and 2 Bedroom. Thanks to the location of his apartment in the middle of Cikarang, precisely at Lippo City's main door gate, this apartment is surrounded by many industrial zones such as Ejip, Jababeka, Hyundai and Delta Silicon, making it surrounded by 3000 companies to the largest industrial estate in Asia. Large hospitals like Omni Hospital can be reached very easily also from this apartment. To spend the weekend with your beloved family, you can go to Waterbom Lippo which is very close to The Oasis Apartment.

Lexington Residence

Jakarta Selatan

Lexington Residence is one of the apartments in South Jakarta. This apartment stands on a 1.1 ha land with a green building concept in the Pondok Pinang area, the Ministry of Foreign Affairs Complex, South Jakarta. With a total of 275 units, each unit in this residence has a balcony as access to fresh air circulation to each room.   In addition to the concept that brings greening, the residents and visitors of Lexington Residence are also treated to views of the Pangrango mountains, Mount Salak, or city views. Apart from its fresh location, this apartment has a very strategic location because it is located in the CBD area of ??South Jakarta and close to the Pondok Indah area. Therefore, those of you who have high mobility every day will be very helpful if you live in this apartment.   Designed by Aedas, a world-class architecture company based in Singapore, Lexington Residence is presented to support a modern and dynamic lifestyle. This 2-tower apartment complex is located in the main area of ??Jakarta, so it only takes about 5 minutes from the Pondok Indah and TB Simatupang areas. This residence has a variety of luxury facilities, such as private elevators, spacious balconies in each unit, and a magnificent garden entrance.   Lexington Residence has many exclusive units, four of which even have private elevators, adding to the privacy and luxury that you might be looking for. This apartment also provides facilities that are no less complete for residents and visitors, such as swimming pools, BBQ areas, mini markets, garden penthouses, playgrounds for children, and so forth.   The security system at Lexington Residence runs 24 hours and is equipped with CCTV, one door system, and the apartment access card. The units offered include 1BR (53-56 sqm), 2 BR (80sqm - 90 + 5sqm), 2BR Private (88 sqm), and 3 BR Private (123 sqm -123 + 6 sqm). Each floor only has 10 units, and there are 275 units in each tower. Do not let you miss the opportunity to invest in this premium apartment right now.  

Westmark Apartment

Jakarta Barat

Westmark Apartment is next to Taman Anggrek Mall, precisely located at Jl. Tj. Duren Timur 2 No. 30, RT. 12 / RW. 1, Tj. Duren Selatan, Grogol Petamburan, West Jakarta 11470. The location of this apartment is surrounded by many universities (Tarumanagara University, Trisakti University, Bina Nusantara, Esa Unggul and Ukrida), hospitals (Siloam Hospital, Harapan Kita, Dharmais, and Royal Taruma Hospital), and various public facilities. One of its unique facilities is the sky lounge which is on the 15th floor which allows you to see the sights of Jakarta.   Besides being located close to Taman Anggrek Mall, Westmark Apartment also provides close access to Central Park Mall, Neo Soho, Podomoro City, and Ciputra Mall. You also don't need to be troubled to find public transportation because there are busway stops and Grogol highway that are easy to get to. Around this apartment also has a strategic toll road access inside and outside the city.   Westmark Apartment managed by PT. Cowell Development, Tbk., only has 1 tower so it is more relaxed, not noisy and comfortable for all residents. Thanks to this and its location, this apartment is perfect for business people, students, young couples and families.   Westmark Apartment provides easy access for those of you who travel frequently by air transportation. You can reach Soekarno-Hatta International Airport in approximately 30 minutes, or to Halim Perdanakusuma Airport in approximately 45 minutes.   Westmark Apartment offers complete and diverse facilities such as a swimming pool, fitness center / gym, children's playground, grocery store, laundry, Wifi, cable TV and 24-hour security. The apartment also features an outdoor sky lounge located on the 15th floor with a function as a super comfortable and open living room and lounge with views of the city of Jakarta.   In addition to these facilities, Westmark Apartment also offers others such as underground parking areas, access cards for elevators, BBQ areas, mini markets, bookstores, restaurants and jogging trails. For choice of units, this apartment provides a choice of various types such as studio type, studio type plus (1 + 1), and type 2 bedroom at a fairly affordable price.

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