AmCapital BSD City (BSDE, Rp840) Mulling over Rp2-2.5tn for land acquisition

Sinar Mas group-controlled property developer BSD City said it may arrange funds of between Rp2tn and Rp2.5tn to acquire 1,300ha of land in its development area, local newspaper reported. This is under assumption of land price at Rp200,000 per square meter, Commisioner Herman Widjaja said.