The Ascott, CapitaLand’s wholly-owned serviced residence business unit, has secured a contract to manage its second Citadines-branded serviced residence in Indonesia.

When completed in 2011, the 135-unit Citadines Jakarta Rasuna will offer a range of studio, one- to three-bedroom stylish apartments.

Citadines Jakarta Rasuna will be situated along the main arterial roads of Jakarta city centre with several restaurants, supermarkets and shopping centres located throughout the area. The Kuningan Stadium and the Gran Kuningan Driving Range are just across the road and several embassies are also within walking distance from the property.

Part of a 30-storey urban development known as The H Tower that also comprises offices, specialist clinics and premier medical care facilities, residents of Citadines Jakarta Rasuna will enjoy the privacy and comfort of home as the serviced residence will maintain its own distinct lobby and facilities.

The new development will also be an extension of the existing Rumah Sakit Metropolitan Medical Center. With several commercial buildings in the area such as the Bakrie Tower and Setiabudi One Building, the new Citadines Jakarta Rasuna not only caters to the needs of business travellers, expatriates and visitors but to medical tourists as well.

The contract to manage Citadines Jakarta Rasuna was awarded by state-owned PT Hutama Karya (Persero), a developer of high-rise buildings over the past decade.

The new serviced residence will bring the total number of serviced residence owned and operated in Indonesia by Ascott to over 1,600 apartment units in eight properties in Jakarta and Surabaya.