COMPANY PROFILE
PT PP PROPERTI Tbk. | Company Profile
PT PP Properti Tbk.
A Subsidiary of PT PP (Persero) Tbk.
Plaza PP Lantai 7 Jl. Letjend. TB. Simatupang No. 57 Pasar Rebo, Jakarta 13760 - Indonesia
T : (+62 21) 877 92734 E : [email protected] E : [email protected] W : www.pp-properti.com www.pp-properti.com
Contents
Corporate
Identity Corporate Value
History & Milestones PT PP PROPERTI Tbk
Vision &
Missions
Beyond Space
Foreword
7 5
4 2
10 12
Organization Structure
Board of Commissioners
Board of
Directors Corporate Governance
14 16
18 20
Awards &
Recognitions
Corporate Social Responsibility
Project
Classification The
Projects Our Projects
24 28
30 36 38
WESTOWN VIEW - Surabaya
Telephone Fax Date of Establishment Ownership
Line of Business
+62-21-877 92734 (Hunting) +62-21-877 92947
December 12, 2013
PTPP : 64.96%
Public : 35,04%
ǩ Residental
ǩ Commercial : Mall & Office ǩ Hospitality
Corporate Identity
Corporate Name
A Subsidiary of Head Office
PT PP Properti Tbk
PT PP (Persero) Tbk.
Plaza PP Building 7th floor Jl. Letjen TB Simatupang No. 57 Pasar Rebo Jakarta 13760 Indonesia
in LinkedIn Instagram
PT PP Properti Tbk
@ppproperti
PT PP Properti Tbk - Official Social Media
Homepage Facebook
Find Us Here
www.pp-properti.com Ptpp Properti
@PTPPPropertiTbk
@pp_properti
Youtube
PT PP Properti Tbk Company Profile
2 3
Corporate Value
Competent and Responsible
ǩHard and Smart Working, Innovative ǩResponsible for the task
ǩFlexible and Agile ǩKeep Learning and
Continous Improvement ǩHave a Global Insight Customer
Satisfaction Oriented ǩResponsive ǩProactive Personal Awareness
Discipline Integrity
Be Grateful
High Minded
ǩPolite, Tolerance and Mutual Respect ǩHave Faith and Devout ǩPositive Thinking ǩWork Sincerily
Aligment between Mind, Word and Acts
ǩPrioritizing Company Interests
ǩHonest and Transparent ǩMandate to Perform Task
Obedient and Orderly
ǩObey the Laws, Rules, and Ethics
ǩKeeping Promises ǩOn Time
VISION MISSIONS
To be a leading,
sustainable and globally
competitive national developer
ǩ To develop superior and innovative property and retail products that bring enjoyment to consumers.
ǩ To be committed to preserve healthy environment.
ǩ To increase contribution to our parent company by developing and aligning corporate strategies.
ǩ To establish strategic partnership with business partners.
ǩ To create superior human resources with
due consideration to the improvement of
employee welfare.
Continuously Adapting and Growing to Build a Better Indonesia
A Word from President Director
PT PP Properti Tbk (hereinafter referred to as the “Company”), as a property developer in Indonesia and a subsidiary of PT PP (Persero) Tbk (“PTPP”), a leading State-Owned Enterprise (“SOE”), continues to improve and undertake changes to allow us to adapt and meet market needs, and to ultimately emerge as one of the developers that is able to prove our existence by bringing quality products to the market.
Based on Savills Indonesia’s data, the Company is the foremost and largest company among SOEs that are engaged in the property development business in terms of the quantities and scale of projects under development as well as its owned land banks, holding a market share of approximately 40% compared to other SOEs. With a focus on the development of apartments for the middle class market, the Company has a relatively promising market share.
In conducting its business, the Company categorizes its products and services into 2 (two) business segments, namely the Realty segment and the Property segment. The Realty Segment generates income from sales of apartments and revenues, whereas the Property Segment, which consists of the Hospitality and Commercial segments, generates recurring income from hotel revenue, rental revenues, and service charge revenues.
With respect to the property industry in Indonesia, it is our understanding that the government’s economic stimuli that range from various economic policy packages, interest rate cut, loan to value relaxation, sales tax cuts, licensing deregulations to tax amnesty, are all aimed to boost public interest to invest in the property sector. One of our initiatives is to focus on the targeted market share, i.e., the middle class, by mapping areas with fairly strong economy, which ultimately translates into high purchasing power. Certain areas such as campus areas and industrial areas are among the Company’s main targets in developing its property business.
The focus on such market segment has placed the Company as one of the players in the property industry that benefits from the abundant opportunities and that is acknowledged as a company with high competencies.
In order to win the competition in Indonesia’s property business, the Company applies innovations on its product offerings. One of such innovations is the implementation of Drugs Free Zones in several apartment complexes marketed by the Company, in cooperation with the National Anti-Narcotics Agency (Badan Narkotika Nasional, “BNN”). The Company’s other strategies to gain market share include a breakthrough in the form of digital or online apartment sales platform. This strategy is pursued to accommodate the middle class’ lifestyle, with its strong exposure to digitalization. The Company has also prepared its resources to bring the smart superblock concept to fruition with the support of smart environment, smart society and smart economy.
Foreword
Ir. Taufik Hidayat, M.Tech President Director
Maintaining Sustainable Growth with due
consideration to the Company’s financial soundness “
Company Profile 7 PT PP Properti Tbk
6
Another innovation is to create synergy among SOEs. As a subsidiary of PTPP, the Company is privileged with a strong support to establish synergy with other SOEs. On the marketing aspect, the Company also implements innovation by establishing partnerships with banks.
Through the launch of banking programs that offer Apartment Ownership Loan (Kredit Kepemilikan Apartemen, “KPA”) with competitive interest rate, the Company is confident in its ability to gain competitive edge amidst fierce competition in the property industry.
The Company’s main key success factor is its ability to accumulate land bank - where the Company strives to seek consistent growth in its land bank from year to year. A land bank is the fundamental capital for a property developer to expand its business scale.
Ir. Taufik Hidayat, M.Tech President Director
GRAND DHARMAHUSADA LAGOON - Surabaya
2015 2016 2017
53 Ha 76 Ha
297 Ha
Rapid growth in land bank must undoubtedly be supported by a strong capital structure.
Following the Initial Public Offering and the issuance of bonds on the capital market, the Company took the decision to perform a corporate action in 2017 in the form of Rights Issue, which was conducted in April 2017, in which the Company set the exercise price at Rp280/
share. The corporate action was deemed successful as the Company was able to raise an additional capital of Rp1.5 trillion - 70% of which was used to finance the Company’s investments.
The Company recognizes that its achievements today are the results of the opportunities provided by the public to the Company to meet their housing needs. The foregoing has prompted the Company to launch the tag line: “Beyond Space” with the spirit of building more than just a house, and to continue to adapt and grow by consistently promoting business ethics and due care to the social and cultural norms held by the society.
With respect to the achievements gained today, the Board of Directors would like to extend our appreciation and gratitude to the Board of Commissioners and our Controlling Shareholder, PTPP. The Board of Directors would also like to extend our gratitude for the trusts given by the shareholders. We hope today’s achievements will be a source of inspirations to all parties in optimizing their abilities and will be the foundation for the Company to continue growing in the future.
Total Land Banks
(Ha)
History & Milestones PT PP Properti Tbk
The NCB Unit established a property division engaged in the property and real estate development business (Hospitality, Residential Commercial)
2013 2010
PT PP (Persero) Tbk diversified its business by establishing a Non- Construction Business (NCB) branches, which consisted of the Developer Unit and Property Unit.
PT PP (Persero) Tbk changed the NCB Branches to NCB Units pursuant to the BOD Resolution No. 25/Kpts/Dir/1995
Conducted an Initial Public Offering (IPO) in the first half of 2015 under the Ticker Code: PPRO
Established a number of Joint ventures, including Sentul PP Properti, Jababeka PP Properti, JV PP Properti Jababeka Residence. Conducted the topping off of a number of projects, including Pavilion Permata 2, Grand Sungkono Lagoon Tower Caspian and Gunung Putri Apartment – Pinus Tower. Conducted project groundbreaking ceremonies of the Verdura Tower and Mahakam Tower of Alton Apartment and Tower I of the Amartha View Apartment in Semarang. PT PP Properti Tbk also completed the acquisition of PT Wisma Seratus Sejahtera
The Company went public.
In October 2013, the General Meeting of Shareholders (GMS) of PT PP (Persero) Tbk approved the spin-off of its Property Division, which marked the establishment of PT PP Properti by virtue of the Notarial Deed No. 18 dated December 12, 2013, regarding the Company Establishment, the Deed No. 28 dated December 17, 2013, regarding the Separation of Assets and Liabilities of the Property Division of PT PP (Persero) Tbk to PT PP Properti, and the Deed No. 29 dated December 17, 2013, regarding the Amendment of the Deed of Establishment of PT PP Properti. Subsequently, the Company’s name remains unchanged.
1991 1995
Pursuant to PT PP (Persero) Tbk’s restructuring, the NCB Units were placed under the Business Development Division (BDV)
2004
2014 2015
2017 2016
11 PT PP Properti Tbk conducted
corporate actions, i.e., Stock Split with a ratio of 1:4 and Rights Issue.
PT PP Properti Tbk
10 Company Profile 11
Beyond Space
Healthy Mind, Body and Soul is all about Happiness.
Sight
Sound
Taste
Temperature Smell
Space
5 Features
Food and Beverage Daily Activity
Health
Entertainment Daily Needs
Attention to Detail Ergonomic
International Standard Quality
Bring Everything Closer School
Hospital Toll Gate
Solution
All About Brain Green Development Internet of Things
Innovation
Psychology
Health
Technology
Board of
COMMISSIONERS
PRESIDENT
Directors
Director of FINANCE
Vice President ACCOUNTING &
FINANCE
Vice President
REALTY 1 Vice President
REALTY 2 Vice President
REALTY 3 Vice President
COMMERCIAL
Vice President BUSINESS DEVELOPMENT Vice President
HOSPITALITY Vice President
MARKETING
Head of CREATIVE UNIT ManagerQSHE
Director of
REALTY Director of
COMMERCIAL
Director of BUSINESS DEVELOPMENT &
HUMAN CAPITAL Head of
INTERNAL AUDITOR RISK MANAGEMENT
Personnel Representative
Head of CORPORATE SECRETARY
Head of OPERATION
PLANNING
Head of OPERATION
CONTROL
SK No.21/SK/PP-PROP/DIR/2017
Vice President HUMAN RESOURCES
Organization Structure
PT PP Properti Tbk Company Profile
14 15
Board of
Commissioners
Our
Leaders
Ir. Lukman Hidayat
Born in Blora on December 11, 1963, Ir.
Lukman Hidayat earned a Bachelor’s Degree in Civil Engineering from Diponegoro University, Semarang, in 1990.
Ir. Hidayat joined PT PP (Persero) Tbk in 1990 and continued to build his career with the company. Prior to his appointment as the President Commissioner of PT PP (Persero) Tbk in 2017, he held a number of key positions in the company.
The key positions currently and previously held by Ir. Hidayat include the post of President Director of PT PP Persero Tbk (April 26, 2018 – present), President Commissioner of PT PP Properti Tbk (2016 – present), Business Research and Development Director of PT PP (Persero) Tbk (2014 – 2016), Head of Operation III Division - Surabaya of PT PP (Persero) Tbk (2009 – 2014), Head of Operation II Division - Jakarta of PT PP (Persero) Tbk (2008 – 2009), Head of Main Branch III - Jakarta of PT PP (Persero) Tbk (2004 – 2008), Project Manager of Branch V - Semarang of PT PP (Persero) Tbk (2002 – 2004).
Ir. Betty Ariana, MT
Born in Jombang on September 6, 1955, Ir. Betty Ariana, MT earned a Bachelor’s degree in Civil Engineering from Institut Teknologi Sepuluh Nopember in 1980, and Master of Engineering from University of Indonesia in 2002. Ir. Ariana joined PT PP (Persero) Tbk in December 1980 and continues to build her career with the company career with the company until today.
The key positions currently and previously held by Ir. Ariana include the post of President Commissioner of PT PP Properti Tbk (2013 - present) after retiring from PT PP (Persero) Tbk (2013), Corporate Secretary of PT PP (Persero) Tbk (2007 – 2013), Assistant to Board of Directors of PT PP (Persero) Tbk (2004 – 2007), Research and Engineering Division Head of PT PP (Persero) Tbk (1999 – 2004).
Kelik Wirawan Wahyu Widodo, S. Sos.
Born in Klaten on December 5, 1969, Mr. Kelik Wirawan Wahyu Widodo, S.Sos earned a Bachelor’s degree in Social and Political Science from Universitas Negeri Sebelas Maret, Surakarta in 1994.
Aside from dedicating his time with the company, Mr. Widodo has founded and developed PD Farino Lestari, the authorized retailer of Shell Global, PT Shell Indonesia) since 2007.
The key positions currently and previously held by Mr. Widodo include the post of Independent Commissioner of PT PP Properti Tbk (2017 – present), founder of PD Farino Lestari (Authorized Retail of Shell Global – PT Shell Indonesia) – Business Partner of Operation 3 of Shell Party Gas Station Site for Shell Convention (2007 – present), Adviser for Ciputra Group (2016), Expert Staff to the Environment and Forestry Minister of Indonesia (2015 – present).
Mohammad Farela, SH, M. Hum Born in Klaten on August 13, 1952, Mr. Mohammad Farela, SH, M.
Hum. earned his Bachelor of Law
from Universitas Islam Indonesia,
Yogyakarta in 1980, and Master of
Law from Universitas Gadjah Mada
in 2007. Prior to his appointment as
the Independent Commissioner of
PT PP Properti in December 2013,
Mr. Farela served as the Functional
Attorney Assistant to the Deputy
Attorney General at Secretariat of Civil
and Administrative Affairs (2012). In
2011, Mr. Farela served as an Expert
Staff in the Special Crimes Division,
and Secretary to the Assistant Deputy
Attorney General at Secretariat of Civil
and Administrative Affairs.
Board of Directors
Our
Leaders
Ir. Galih Saksono, MBA
Born in Semarang on October 16, 1967, Ir. Galih Saksono, MBA earned a Bachelor’s degree in Civil Engineering from Universitas Diponegoro in 1991 and Master of Business Administration from Universitas Gadjah Mada in 2013. Mr. Saksono has served in PT PP (Persero) Tbk since December 23, 1991.
The key positions currently and previously held by Mr. Saksono include the post of Realty Director of PT PP Properti Tbk (2016 - present), Engineering and Operations Director of PT PP Properti Tbk (2013-2016), Professional Property Division GM of PT PP (Persero) Tbk (2013), Project Director of PT PP (Persero) Tbk (2013), Manager of Medan Branch I of PT PP (Persero) Tbk (2010– 2013), Professional Project Manager of PT PP (Persero) Tbk (2010 - 2013), Branch IX Palembang Deputy Head of PT PP (Persero) Tbk (2010 – 2010), Project Manager of PT PP (Persero) Tbk (2002 - 2009), Site Operation Manager of PT PP (Persero) Tbk (2001-2002), Site Engineering Manager of PT PP (Persero) Tbk (1996 - 2001), Engineering of PT PP (Persero) Tbk (1991 - 1996), Director of PT PP Properties Tbk (2016 - present), Director of Engineering and Operations of PT PP Property Tbk (2013 2016), Professional Property Division GM of PT PP (Persero) Tbk (2013), Project Director of PT PP (Persero) Tbk ), Branch Manager of PT PP (Persero) Tbk (2010 2011), PT PP (Persero) Tbk (2010-2011) Project Manager of PT PP (Persero) Tbk (2002 - 2009), Site Operation Manager of PT PP (Persero) Tbk ( 2 0 0 1 - 2 0 0 2 ) , PT Engineering Manager (1996 - 2001), Engineering of PT PP (Persero) Tbk (1991 - 1996).
Drs. Indaryanto, MSM, Akt
Born in Bandung on April 15, 1959, Drs.
Indaryanto, MSM, Akt earned Bachelor of Economics from Universitas Gadjah Mada in 1983, and Master of Management from ADL Management Education Institute in Boston in 1993. Drs. Indaryanto joined PT PP (Persero) Tbk on February 20, 1984.
He has been entrusted to hold the post of Director of Finance and Human Resources of PT PP Properti Tbk since February 2014. Prior to that, Drs. Indaryanto served as the Head of Internal Audit Unit of PT PP (Persero) Tbk from 2005 until 2008, Head of Accounting Division from 2008 until 2012, and held the same position from 2012 until 2014.
Sinur Linda Gustina M.
Born in Medan on August 20, 1968, Ms. Sinur Linda Gustina M. obtained a Bachelor’s degree in Civil Engineering from Universitas Brawijaya in 1992. Ms. Gustina has joined PT PP (Persero) Tbk since April 1993 and held several positions before being entrusted to hold the position of Director of Commercial and Hospitality of PT PP Properti Tbk in April 2016, Commercial Director of PT PP Properti Tbk (2016 –present), General Manager of Hospitality of PT PP Properti Tbk (2009 – 2016), Procurement Manager of PT PP (Persero) Tbk (2006 – 2009), Deputy Project Manager of PT PP (Persero) Tbk (2005 – 2006), Site Engineering Manager of PT PP (Persero) Tbk (1997 – 2005), Engineering Staff PT PP (Persero) Tbk (1993-1997), Engineering Staff of PT Cipta Lestari (1992-1993) Commercial Director of PT PP Property Tbk (2016-Now), General Manager of PT PP Properties Tbk (2009 - 2016), Procurement Manager PT PP (Persero) Tbk (2006-2009), Deputy Project Manager PT PP (Persero) Tbk (2005 - 2006), Site Engineering Manager of PT PP (Persero) Tbk (1997 - 2005), Engineering Staff of PT PP (Persero) Tbk (1993-1997), Engineering Staff of PT Cipta Lestari (1992-1993).
Nanang Siswanto
Born in Surabaya on March 14, 1970, Mr.
Nanang Siswanto obtained a Bachelor’s degree in Civil Engineering from Institut Teknologi Sepuluh Nopember Surabaya in 1989 and Master’s degree from Universitas Riau in 2013. Mr. Siswanto has built his career with PT PP (Persero) Tbk since 2002, and prior to his position as Business Development Director of PT PP Properti Tbk, he held several positions in PT PP (Persero) Tbk, namely Site Engineer Manager (2002), Project Manager (2004- 2013), Head of Operations in Medan (2013-2015), and Operational Analyst Manager in 2016.
Ir. Taufik Hidayat, M.Tech
Born in Semarang on December 14, 1964, Ir. Taufik Hidayat obtained a degree in Water Resource Engineering from Universitas Brawijaya in 1988. Ir. Hidayat further earned his M.Tech from IIT Roorkee, India, in the same year. In July 2015, Ir. Hidayat held the position of President Director of PT PP Properti, Tbk.
Ir. Hidayat joined PT PP (Persero) Tbk’s Marketing Division on August 1, 1992.
Subsequently, he held a number of positions in the company, including Site Operations Manager (1994-1997), Project Manager (1997- 2001), Head of Engineering (2003- 2006), General Manager (2006-2008), Assistant Director of Operations (2008- 2009), Branch Head (2009-2011), Head of Human Resources Division (2012-2013), and Corporate Secretary (2013). Ir. Hidayat was also a member of Gratification Control Unit, Head of Program Management Office (PMO) and PKBL Mentor Program. Other notable roles he’s been entrusted with include his appointment as a member of Company’s Transformation Program Team and GCG Implementation Team. Ir. Hidayat was the leader of Company’s Claim Completion Team, Investment Team, and PT PP (Persero) Tbk’s Efficiency Program Team.
PT PP Properti Tbk Company Profile
18 19
Corporate
Governance
We consistently conduct our business activities in accordance with the following corporate governance principles:
Good Corporate Governance
Good Corporate Company
Good Corporate Citizen
Comply with all applicable laws and regulations that relate
to GCG (mandatory &
voluntary)
Operation is conducted through good internal control, risk control and
WBS implementation Become a good corporate citizen
through the implementation of social responsibility
COMMITMENT
SYSTEM
CULTURE
1. Transparency
Transparency in decision making process and transparency in disclosing relevant information about the Company, which includes information on financial policies, production operations, marketing, technology, human resources management, and business development.
2. Accountability
Accountability of organizational functions and the respective implementations, which includes clear segregation of duties and responsibilities and transparent performance review, both at the Company’s management level and all elements of the organization.
3. Responsibility
Compliance with the prevailing laws and regulations as well as sound corporate principles to ensure the Company conducts its business in a responsible manner.
4. Independency
A state where the Company is managed in a professional manner without any conflict of interest and/or influence/pressure from any party that does not comply with the prevailing laws and regulations and sound corporate principles.
5. Fairness
Fairness and equality in fulfilling the rights of each individual and other stakeholder that arise from agreements and the prevailing laws and regulations.
Transparency
Accountability
Independence Fairness
Responsibility
Good Corporate Governance Principle
Roadmap GCG : Good Corporate Governance
P R EP A R AT IO N FO R G CG IM P LE M EN TA TI O N
2015 2016-2019 2019-2023 2023-2026
Added Value Creation Process & Continuous Improvement
VERY GOOD
PPRO Implements
Good Corporate Governance
GOOD
2015 2016 2017
Corporate
Governance
GCG Score
PT PP Properti Good Corporate Governance Score
83.56%
86.28%
91.06%
Preparation for
GCG Implementation
Commitment
Comply with all laws and regulations related to GCG (mandatory & voluntary)
System
Operation is conducted through good internal control, risk control and WBS implementation
Culture
Become a good corporate citizen through the implementation of social responsibility
Creation Process of Added Value &
Continuous Improvement
GRAND SHAMAYA - Surabaya
PT PP Properti Tbk 22
Awards &
Recognitions
Indonesia property & Bank Award 2014 ǩ“Pembangungan konsep Mixed Used
Terbaik di Kota Bekasi” – Proyek Grand Kamala Lagoon
ǩ”Pengembang BUMN Agresif dan Fenomenal”
Ray White Darmo Award 2014
“Desain Rumah Toko dan Konsep Inovasi Terbaik”
Initiator and Organizer of the Largest Painting Creation 2014 Untuk Pavilion Permata Apartment dari
Museum Rekor Indonesia (MURI)
The Extraordinary Project 2015 Dengan prestasi volume penjualan sebesar 17 miliar rupiah untuk Grand
Sungkono Lagoon dari PRO/MAX
Piagam Penghargaan Museum Rekor Dunia Indonesia 2015
“Pengembang yang Menyisakan lebih 40% Lahan untuk Kepentingan
Konservasi”
The First Super Block with a Green Concept in Surabaya 2014 Untuk Grand Sungkono Lagoon dari
Residence Indonesia.
BCI Award
“Top Ten Developers 2015”
BTN Property Award 2015
“Developer dengan Kontribusi Terbaik”
BTN Property Awards 2016
“Kategori pengembang dengan kontribusi terbaik kredit komersial
tingkat nasional”
26 Januari 2017
“Consumer Choice Awards”
ǩGDL “ The Most Preferred Apartment in Surabaya 300 - 800 MIO”
ǩGPS “The Most Popular Apartment in Cibubur
<300 MIO”
ǩEvenciio “The Most Popular Apartment in Depok 300 - 800 mio”
ǩRiverview “The Most Preferred Apartment in Cikarang Karawang <300 MIO”
ǩGKL “The Most Popular Apartment in Bekasi 800 MIO - 1,5 BIO” & “The Most Preferred Apartment in Bekasi 800 mio - 1,5 bio”
ǩPaladian Park “The Most Preferred Apartment in North Jakarta 800 MIO - 1,5 BIO”
26 Januari 2017
“Consumer Choice Awards”
9 Mei 2017
“Top Ten Developers 2017 Indonesia”
BCI Asia 18 April 2017
“Indonesia Most Creative Companies”
by SWA
ǩGrand Shamaya “The Most Creative Real Estate in Surabaya”
ǩPT PP Properti Tbk “The Most Creative BUMN Developer”
11 Agustus 2017
“Real Estate Creative Awards”
20 Agustus 2017
“Juara 1 Developer Terbaik kategori Izin
Prinsip KPA/KPR Terbanyak” ǩPT PP Properti Tbk: “Best State-Owned
Enterprise and Subsidiaries in Property Business, Excellence: Sustainability Development”
ǩPT PP Properti Tbk: “Pengembang KYG (Kredit Yasa Griya) Non Subsidi Terbaik”
ǩGrand Kamala Lagoon: “Best Urban Living Apartment, Region: Bekasi”
ǩGrand Sungkono Lagoon: “Best Urban Living Apartment, Region: Surabaya”
12 September 2017 Golden Property Awards 2017
29 Agustus 2017
The Ayoma Serpong “Ide Inovasi Prospektif - Test Living” by Koran Sindo
Yuk Nabung Saham Goes to Campus
“Sebagai salah satu dari 40 Emiten terbaik pilihan Analis tahun 2016”
The IDX Best Blue 2016
“for the best IDS listed stocks in terms of value”
March 23, 2018
Most Innovative Business Award 2018 PT PP PROPERTI Tbk
“ Excellent Company for Product in Property and Real Estate dalam acara, Category Property and Real Estate oleh Warta EkonomI”
May 9th, 2018
Most Admired Companies Award 2018 PT PP Properti (Tbk)
Most Admired Company, Category Property oleh Warta Ekonomi
BCI Asia Awards 2018 PT PP PROPERTI Tbk.
“Top 10 Developers in Indonesia 2018”
Asia Pacific STEVIE AWARDS 2018 The Ayoma
Innovation in Marketing untuk Test-Living
Properti Indonesia Award 2018 PT PP Properti Tbk
The Commended State Owned Enterprise Developer April 5, 2018
Indonesia Property Award 2018 PRIME PARK Hotel Bandung
“Top Marketing Communications in Hotels & Resorts Category dalam
acara oleh Warta Ekonomi”
April 18, 2018 Real Estate Awards
rumah123.com
“Grand Kamala Lagoon sebagai The Best Apartment in Bekasi > 1 BIO”
“Verdura sebagai The Most Preffered Apartment in Sentul < 1 BIO”
The Winner Property 2018 Gunung Putri Square
“Best Developer in Living Concept”
29 September 2017 PT PP Properti Tbk sebagai “ The Most
Popular Company Category Property”
di Indonesia Corporate Awards by Warta Ekonomi
THE AYOMA APARTMENT- Serpong
PT PP Properti Tbk 26
Corporate Social Responsibility
2.
4.
Category : Religious Sector Date : June 20, 2017
Location : Lobby Venetian Tower, Grand Sungkono Lagoon Title : Blessings and Togetherness in the
Month of Ramadhan
On June 20, 2017, or 25 Ramadhan 1438H, Grand Sungkono Lagoon, a project of PT PP Properti Tbk once again held the fast-breaking meal or Iftar with orphans and made a donation to Himmatun Ayyat Foundation.
Category : Disaster and Emergency Response Date : December 16, 2017
Title : Donation for Pacitan
Heavy rains that fell on November 28, 2017, had resulted in land slides and floods in Pacitan and the number of victims of the natural disasters continued to rise.
PT PP Properti Tbk made a donation to the survivors who were evacuated to the evacuation camps with the assistance of UB Press Brawijaya in the hope that the donation would assist the survivors in fulfilling their daily needs and building/
renovating their houses that were destroyed by the disasters.
Category : Health Sector Date : February 24, 2017 Location : Margonda, Depok Title : Free Medical Check-Up
Evenciio Margonda, a project of PT PP Properti Tbk, held a CSR activity in which the Company provided Free Medical Check-Ups and distributed Food Packages. The event was held with the purpose of building relationships with and supporting the welfare of the communities in the vicinity of Evenciio Margonda.
Category : Social Charity Date : June 19, 2017
Location : PT PP Properti Tbk’s Headquarter Plaza PP, 7th Floor
Title : Ramadhan Donation
During the month of Ramadhan, PT PP Properti Tbk conducted the annual activities of donating praying equipment and parcels to the office boys, cleaning service staffs and security guards.
The event was also held to nurture the relationships between the employees in the vicinity of Plaza PP.
1.
3.
Project
Classification
Residential
In early 2005, the Company began to focus entirely on developing vertical residence or apartments.
The Company established a joint operation following the handover of Menara 7 Gading Project from the Indonesian Bank Restructuring Agency (IBRA) as a result of the monetary crisis that hit Indonesia in the late 1990s. The joint operation structure went through a number of changes and the final structure ultimately consisted of the Company, the Mayapada Business Group and Intiland Business group. The project’s name was changed to Paladian Park, consisting of 7 towers built on a total area of 3.5 hectares in Kelapa Gading, North Jakarta. The Company undertook the majority of the construction works on behalf of the Joint Operation.
During the same year, the Company also developed a mixed-use development project in Cawang, East Jakarta, namely Patria Park, which was built on a total area of 1 hectare and is designed to include both apartment and hotel.
In 2012, the Company developed another apartment project in the same area, i.e., Pavilion Permata, with the middle class as its target market. The apartment units were sold out within 8 months although PP Properti was considered as a new player in Surabaya’s property developer market.
Given the success of Pavilion Permata 1, the Company decided to develop another tower, the Pavilion Permata 2, which achieved similar success of the earlier project when it was launched. The two apartment towers occupied a total land area of 5,000 sqm.
In 2013, the Company developed another project on a total area of 3.5 hectares in Mayjen Sungkono, Surabaya. The project, Venetian Tower – the first tower of Grand Sungkono Lagoon - is designed as a mixeduse development and has successfully raised the Company’s position to be at par with other exclusive developers in Surabaya. The apartment units were also sold out within one year.
In 2014, the Company entered Bekasi area with the development of a 28-hectare land bank to build a new Super Block in Bekasi. The Super Block concept was proposed as the market in Bekasi was considered to be ready to welcome high-density property products such as apartments, office buildings for lease and strata titled office spaces. The project named Grand Kamala Lagoon was developed using the permit originally issued for the construction of an overpass across the Jakarta-Cikampek Toll Road. The first tower, i.e., the Emerald Tower, was launched at the right time and resulted in a success. The successful launch of the first tower prompted the plan to launch the second tower, i.e., the Barclay Tower. At the end of 2016, the Company launched another towers, i.e., the Victoria and Isabella.
The Company introduced the concept of vertical residential project in Gunung Putri Bogor designated for the factory workers in the surrounding area. The product concept is strata-title low-cost apartment ( Rumah Susun Sederhana
Milik, “Rusunami”), built on a total area of 2.1 hectares. This new concept, named Gunung Putri Square, was developed with the expectation to improve the productivity of the factory workers as a result of the close proximity between their homes and work places. In addition to the vertical residential project, the Company also developed a modern market and commercial center on the plot of land.
The Company has also entered the condotel business in Pekanbaru by participating in a joint venture with PT Pekanbaru Permai Propertindo to develop a 16-hectare area located adjacent to the Jenderal Sudirman street.
The decision to choose Pekanbaru Park to start the Company’s condotel business was based on the statistics that demonstrated an increase in number of flights and hotel visits.
In 2015, the Company received a bid to build apartments for the middle-up class in the west ?. The development concept proposal requires a green development that would be able to preserve the environment according to its original condition. The Company invented the A-Class Residence concept for the Ayoma Apartment Project, which would be developed on a total area of 2 hectares. At the same time, the Company was also developing several projects, i.e., the Grand Dharmahusada Lagoon in Surabaya and the Amartha View in Semarang.
In 2016, the Company came up with the idea to build a student apartment near the University of Indonesia in Depok that would implement the No Drugs Zone concept. The Evenciio Margonda Apartment was highly successful, prompting the Company to build another apartment under the same concept in Semarang, i.e., the Alton Apartment. The Alton Apartment is located in Tembalang street, a mere two-minute walk from the Diponegoro University. Both apartment complexes have been designed as a one-stop living experience to encourage students to forego the use of cars and hence reduce carbon emissions, and are equipped with libraries, creative cubes, greenhouses and yoga studios.
During the same year, the Company entered into joint operations with other companies, i.e. PT Jababeka Tbk, to develop the Riverview Residence in Cikarang, and PT Sentul City Tbk to develop the Verdura Dataran Tinggi in Sentul.
Following the success of the Evenciio Margonda and The Alton Apartment, the Company built more student apartment projects in Malang and Jatinangor in 2017. The Begawan Apartment is the first apartment with No Drugs Zone concept in Malang, and is located in the vicinity of Muhammadiyah University, Brawijaya University and the State Polytechnic of Malang. The Louvin Apartment is designed as the new millennial community, offering a student apartment with the most complete facilities in town. The apartment is located near East Bandung, which is the center of Bandung Raya district, and only 5 minutes from the Cisumdawu Highway that is connected to the second largest international airport in Indonesia, the Kertajati Airport.
In the first quarter of 2018, the Company, jointly with PT Jababeka Tbk, developed the Little Tokyo Jababeka in the center of Jababeka city. The Little Tokyo will be the first smart superblock in Cikarang to adopt the modern Japanese lifestyle concept, which is designed to connect people, business, commercial and nature.
PT PP Properti Tbk
30 Company Profile 31
Commercial
In the commercial property sector, the Company took over the Grand Soho Slipi project in Slipi, West Jakarta, in 2010.
Before the take-over, the project was initially designed as a mixed-use development, consisting of strata-title office buildings, small office home office (SOHO), condotel, and hotel. All the SOHO units were sold out. Following the take- over, the Company changed the initial concept and the remaining units were transformed into strata-titled office building, in line with the change of the building function. The project name was then changed to Grand Slipi Tower. With the right strategy at the right time, the Company was able to achieve successful sales.
The Company has also entered the commercial sector in Surabaya since 2004. In partnership with Tifa Arum Realty group, the Company developed strata-title office complex within the area surrounding Jenderal Sudirman street. The office complex is currently known as Graha Bukopin.
Furthermore, the Company developed a four-storey shophouse project at Jl. Wahab Siamin, Sungkono, West Surabaya.
The shophouse units in Sungkono Business Park were immediately sold out within two months. The Company has entered a Joint Cooperation with a group of entrepreneurs in Surabaya named Equator since 2006. In 2011, the Company officially acquired 100% ownership in PT Gitanusa Sarana Niaga. The Company owned the Kaza City project located in Krapas Kampung area. The mixed-use development features a modern market, trade center and mall. To increase the property’s sales value, the Company brought in new anchor tenants such as the Matahari Department Store, Giant Supermarket, etc.
In Balikpapan, the Company also entered into a joint operation with the Hasta Group since 2009. The Company has taken measures to revive a mixed-use development project named Balikpapan Ocean Square, which currently is undergoing a rebranding process to transform the area into a hip and happening venue. The project stands on a total area of 3.1 hectares and the Company is currently developing modern markets and malls.
In 2015, the Company expanded its commercial business by developing the Lagoon Avenue Mall, which is spread across three locations: The Lagoon Avenue Bekasi (Kalimalang – Bekasi), the Lagoon Avenue Dharmahusada (Dharmahusada – Surabaya), and the Lagoon Avenue Sungkono (Sungkono – Surabaya). The Lagoon Avenue Malls are built to offer the complete and integrated commercial business complex, and to be the modern lifestyle malls that are able to liven up the customers’ lifestyle experience. The Lagoon Avenue Malls are expected to be opened at the end of 2017 (Lagoon Avenue Bekasi) and in 2019 ((Lagoon Avenue Dharmahusada and Lagoon Avenue Sungkono).
Since 2018, the Company has established a Joint Venture with PT Pengembang Pelabuhan Indonesia (a subsidiary of PT Pelindo II) to build and operate the Maritim Tower, an office building located on a total of area of 15,000 sqm in North Jakarta.
Project Classification
Hospitality
The Company (PPRO) intends to increase its recurring income from commercial and hospitality units by up to 15% by 2021.
The Company first started its hospitality business in Cawang, East Jakarta, as the Company planned to invest the profits generated from the Patria Park Apartment in a hotel. The demand for hotels in Jakarta is expected to experience a significant growth over the coming years as more travelers and businesspeople visit the city.
Therefore, the hotel development is considered the rights strategy with the potential to increase recurring income and to develop upcoming projects.
The hotel commenced its commercial operation according to plan at the end of 2009, with the Company as the hotel operator. Park Hotel Jakarta has been chosen as the hotel’s name. Park Hotel Jakarta boasts 156 rooms.
In addition, Park Hotel Jakarta, as a three-star plus hotel, also offers 11 meeting rooms and positions itself as a business hotel.
Following its success in operating the hotel in East Jakarta, the Company identified and mapped new locations in other cities. The Company ultimately decided to develop its land bank in Bandung City. The Prime Park Hotel Bandung, a four-star hotel, opened its doors to the public in 2014. The 127-room hotel is situated in Suci area and is categorized as a business and family hotel, which offers 9 meeting rooms and a ballroom. The hotel provides a wide range of facilities, such as the Terrace Café & Lounge, Damina Singing Room, fitness center, spa & massage, as well as a rooftop swimming pool with a magnificent view of Bandung city.
Prime Park Hotel Pekanbaru is a four-star hotel that commenced its commercial operation in February 2018.
The hotel is located in Pekanbaru’s central business district and is only five minutes away from the Sultan Syarif Kasim II International Airport. The hotel features 151 spacious, comfortable rooms, an outdoor swimming pool, restaurants and pool bar, spa & massage, spacious free car parks, meeting rooms and a ballroom with a maximum capacity of up to 1,000 guests.
The Company also acts as the owner’s representative for the Swiss-Belhotel & Residences in Balikpapan Ocean Square. The Swiss-Belhotel Balikpapan is a four-star international hotel strategically located in the central business and government district, and is located only 15 minutes away from the Sepinggan International Airport. The Swiss-Belhotel Balikpapan is located nearby the sea and offers a variety of entertainment and leisure activities. The hotel features 230 guestrooms, a swimming pool, lounge & bar, restaurant, spa & sauna and fitness center. For meetings, Swiss-Belhotel Balikpapan offers the largest ballroom in East Kalimantan, which can accommodate up to 2,000 people.
Project Classification
The Company, through its hospitality business unit, provides hospitality management services supported by a wide range of expertise in providing management and consultancy services that deliver sustainable returns and maximum values while reinventing innovative products for hotels in Indonesia. The Company aims to become the most preferred Hospitality Management Service Provider in Indonesia.
At present, the Company is in the process of developing and optimizing various plots in its land bank and is planning to expand to other areas across Indonesia. The Company recently developed two hotels, the Palm Park Hotel Surabaya, which is set to operate in 2018, and Prime Park Hotel & Convention Lombok, which is expected to commence operation in 2019.
Our new brand PALM PARK Hotel is designed with style and dynamic concept for smart travelers who are looking for convenience and great value for money. Strategic location, stylish rooms, comfortable beds and delectable breakfast are provided to deliver memorable experience to guests. PALM PARK Hotel Surabaya is located in East Surabaya and is only a 10-minute drive from Suramadu Bridge, Madura. The hotel is conveniently connected to the Kaza City Surabaya, a large shopping center featuring modern market, trade center and mall.
PALM PARK Hotel Surabaya provides 101 guest rooms, a restaurant, 9 meeting rooms and a ballroom with a maximum capacity of up to 1,000 people.
PRIME PARK Hotel & Convention Lombok is a 4-star hotel with modern concept that incorporates the traditional touch of Lombok. Conveniently located at Mataram’s city center, the hotel is only 40 minutes away from the Lombok International Airport and just minutes away from Mataram Islamic Centre and shopping mall. The hotel is designed to accommodate business and leisure guests, consisting of 168 guest rooms and offers a full range of facilities such as commercial areas, meeting rooms and ballroom with a maximum capacity of up to 1,200 people, restaurant and lounge, business center, gym & spa and free internet access throughout the hotel. The PRIME PARK Hotel & Convention Lombok is complemented by a rooftop swimming pool and rooftop garden, which present the magnificent view of Mataram City and Mount Rinjani.
The Company will continue to develop its business to increase recurring income. Taking into account the warm responses received as well as the available opportunities, the Company will continue its development projects in Bali, Semarang, Makassar, Medan and Padang. The Company also supports the Government of Indonesia to develop the 10 New Bali of Indonesia.
THE ALTON APARTMENT - Semarang
PT PP Properti Tbk 34
APARTMENT
The
Projects
Surabaya Semarang
Jakarta Pekanbaru
Balik Papan
Bekasi
Bandung Serpong
Bogor Depok
Malang Lombok
H O T E L
Residential
Grand Kamala Lagoon - Bekasi
The superblock concept is built on a total area of ± 28 hectares. The development of Grand Kamala Lagoon began in 2014 after the permit for the construction of the overpass across the Jakarta – Cikampek Toll Road was issued. The Lagoon’s two towers - Emerald Tower and Barclay Tower - have been introduced to the market. In the future, the Company plans to build another 30 towers within the area.
P. +621 29809600 www.grandkamala.com
Our Projects
The Ayoma - Serpong
Total Area 10.550 sqm Total Building Area 51.000 sqm Number of floors 32 floors
P. +621 29662268 www.theayoma.com
PT PP Properti Tbk Company Profile
38 39
Gunung Putri Square - Gunung Putri
The new concept of Strata-Title Low Cost Apartments (Rusunami) was introduced to this industrial area. The new concept is expected to increase the productivity of factory workers in the vicinity. The Gunung Putri Square is built on a total area of 2.1 hectares, which also includes a modern market and commercial centers in addition to the vertical residence.
P. +621 86862000 www.gunungputrisquare.co.id
Total Area 21,017 sqm Building area 6,051.50 sqm Number of floors 30 Floors
Residential
Our Projects Evenciio Margonda - Depok
The Evenciio Margonda is a Premium Student Apartment located in the entrance gate of Depok city, right across University of Indonesia. It is the first apartment in Indonesia that champions drugs prevention [The No Drugs Zone concept in which Evenciio Margonda Apartment partners with the National Narcotics Agency (BNN) of the Republic of Indonesia].
With the total area of ± 5000 sqm, the apartment complex is equipped with a plethora of supporting facilities.
P. +62 21 22373999
ww.evenciiomargonda.co.id
Paladian Park
Total Floor Area 193,055 sqm Total Towers 7 towers apartment Number of floors
24 floors with Concrete Roof and 3-storey basements
www.paladianpark.com
Residential
Our Projects
Riverview Residence - Cikarang
The Riverview Residence is a joint project between PT Jababeka Tbk and PT PP Properti Tbk. Built on a total area of 2.5 hectares, the Riverview Residence consists four towers: the Mahakam Tower, Bengawan Tower, Barito Tower & Kapuas Tower. Each tower consists of 19 floors for residential units comprising of:
1.
Studios, and2.
Two-bedroom apartmentsCarrying the theme ‘The New Executive Living’, the Riverview Residence is located in Jababeka industrial estate and has a direct access to the KM29 toll gate.
P. +62 21 89833955
www.riverviewresidence.co.id
Total Area 25,855 sqm Building Area 6,460 sqm Number of Floors 19 floors for residential + one floor for facilities + one floor for commercial center
PT PP Properti Tbk Company Profile
42 43
Residential
Our Projects
Little Tokyo - Cikarang
The Little Tokyo is the first Smart Superblock in Jababeka City . With the concept of Japanese modern lifestyle, Little Tokyo is designed to become a melting pot of people, business, commerce and nature.
P. +62 21 89833961 www.littletokyojababeka.id
Land Area 46,,009 sqm Building Area 9,000 sqm
Total floor and Units
Tower 1 : 25 floors and 525 units Tower 2 : 25 floors and 469 units Tower 3 : 25 floors and 440 units Tower 4 : 36 floors and 935 units Tower 5 : 36 floors and 935 units Tower 6 : 36 floors and 935 units
Verdura Apartment - Sentul
The VERDURA apartment introduces a modern residential concept that combines urban lifestyle and the strong elements of nature at the Sentul highlands in Bogor.
P. +62 21 29325227
www.verduradatarantinggi.com
Total Area 10,000 sqm Total Building Area 117,000 sqm Number of Towers 3 Towers
Total Units 1,800
Number of Floors 30 Floors
Number of units per floor 18-22 Floors
Residential
Our Projects
Louvin - Jatinangor
The Louvin is the premium student apartment located in Jatinangor, West Java. The apartment is situated directly across Bandung Institute of Technology and is in close proximity to other prominent universities such as UNPAD, IPDN and IKOPIN. Facilities offered by Louvin include heated swimming pool, cycling track, digital library, coworking space, skate park, amphitheater, wall climbing, gym and many more. The Louvin is also close to Tol Cisumdawu that connects Cileunyi, Sumedang, Dawuan and West Java International Airport, which has begun operating in 2018. Furthermore, the Louvin is the only apartment in Jatinangor’s education zone that implements the No Drugs Zone in partnership with the National Narcotics Agency (BNN).
Jl. Ir. Soekarno no. 122 Desa sayang kec. Jatinangor kab. Sumedang 45363 West Java
Total Area 12.790 sqm Building Area 86.523,92 sqm Total floor and Units
Tower 1 : 28 floors and 740 units Tower 2 : 28 floors and 832 units Tower 3 : 28 floors and 697 units TOTAL : 2269 units
P. +62 22 87833888 www.louvinapartment.com
Type Nala Land area 120 sqm Building area 48 sqm
Number of rooms 2 (master bedrooms) Type
Ayana Land area 120 sqm Building area 70 sqm.
Number of rooms 3 (master bedrooms)
Payon Amartha - Semarang
P. +62 24 7628569 P. +62 24 7628573 www.payonamartha.com
Company Profile 47 PT PP Properti Tbk
46
Residential
Our Projects
Amartha View - Semarang
Bringing a new concept that combines apartment with hotel and resort, the Amartha View is more than just a place to live. Located in the developing area of West Semarang, the Amartha View is built 150 m above sea, which provides the Amartha View with an ideal vantage point to view the breathtaking sceneries.
P. +62 24 7628569 P. +62 24 7628573 www.amarthaview.com
Total area 8800 sqm Building area 4345 sqm Number of floors Tower 1: 23 Floors Tower 2: 23 Floors Total Units Tower 1: 800 Units Tower 2: 800 Units
The Alton Apartment - Semarang
THE ALTON APARTMENT stands on a total area of approximately 5,225 sqm and consists of three apartment towers that are equipped with: Lifestyle Mall, Indoor and Outdoor Swimming Pools, Gym, Zen Garden, Library and the Highest Futsal Fields in Semarang, located on the rooftop of each tower.
THE ALTO APRTMENT also partners with the National Narcotics Agency (BNN) to create the first No Drugs Zone apartment in Semarang.
Jl. Prof. Soedarto No. 10 Pedalangan, Banyumanik Semarang 50268 Total Area
5,225 sqm Building Area 76,606 sqm Number of Floors 30 floors
P. +62 24 76400999 / +62 24 76400088 F. +62 24 76401991
www.altonapartemen.co.id
Residential
Our Projects
Permata Prima
Type Grow Land area 200 sqm Building area 100 sqm.
Number of rooms 3 (master bedrooms) Type
Grand Land area 200 sqm Building area 83 sqm.
Number of rooms
2 (master bedrooms) + 1 (small room)
Grand Sungkono Lagoon - Surabaya Barat
At the end of 2013, a 3.4-hectare area of the Company’s land bank in the Mayjend Sungkono area was designated for a mixed-use development project. The Grand Sungkono Lagoon has become one of the apartments offered to the middle-up class (Superblock) in Surabaya. The mixed-use development blends malls, office buildings and apartments in one integrated area.
P. +62 31 5670188
www.grandsungkonolagoon.com
PT PP Properti Tbk Company Profile
50 51
Grand Dharmahusada Lagoon - East Surabaya
The project implemented the city resort concept on ± 4 hectares of land bank situated in East Surabaya. The Grand Dharmahusada Lagoon consists of 7 towers and 1 lifestyle mall operated by the Lagoon Avenue Group under PT PP Properti Tbk. The Grand Dharmahusada Lagoon is poised to become the most prestigious superblock in East Surabaya owing to its prime location.
P. +62 31 5944433 www.gdl.co.id
Residential
Our Projects
Grand Shamaya, Surabaya, Private Residential
The Grand Shamaya is a luxurious residence developed with the concept of luxury resort. The residence is built on an area of 1.6 ha and strategically located in the golden triangle of Surabaya, namely Jl. Basuki Rahmat, Jl. Gubernur Suryo and Jl.
Panglima Sudirman and is only a stone’s throw away from the city center.
The Grand Shamaya presents and ideal housing complex with peaceful and green environment. The place also presents a Hidden Paradise concept in its supporting facilities, which include Exotic Waterfall, Thematic Garden and Heated Swimming Pool. To support digital communication, the residence is equipped with the Smart Home System with fiber optic network.
P. +62 31 5947977 www.grandshamaya.com
Total Area 16,757 sqm Total Building Area 5,889 sqm
Number of Floors 53 Floors (Aubrey Tower)
Residential
Westown View - Surabaya
The Westown View is the Company’s fifth project in Surabaya. The Westown View is a vertical residential project which offers the concept of Tropical Architecture combined with comprehensive facilities, including Beach Garden, Extended Balcony, Bay window, Gym in The Sky, Skypool with Private Jacuzzi, Sky Bridge, Stargazing area, Children Playground area and so much more. In addition to its comprehensive facilities, the Westown View enjoys a strategic location at Jl. Menganti Dukuh Karangan No. 73, with a 40 m ROW. This prime location places the Westown View in adjacent to a number of access roads, such as JLLB and JLDB, Gunung Sari toll gate, and SUMO toll road.
P. +62 31 99424848 www.westownview.com
Land Area 22,352,85 sqm Building Area 201,127 sqm Total floor and Units
Tower 1 : 45 floors and 936 units Tower 2 : 45 floors and 968 units Tower 3 : 42 floors and 803 units Tower 4 : 42 floors and 812 units Tower 5 : 50 floors and 694 units
Our Projects
Total Area 2,350 sqm Building Area 19,800 sqm Number of floors 17 floors
P. +62 31 5683168
www.pavilionpermata.com
Pavilion Permata 2 - Surabaya
Total Area 1,865 sqm Building Area 10,251 sqm Number of floors 12 floors
P. +62 31 5683168
www.pavilionpermata.com
Pavilion Permata 1 - Surabaya
Company Profile 55 Company Profile 55 PT PP Properti Tbk
54
VERDURA APARTMENT - Sentul
Begawan Apartment - Malang
The Begawan Apartment in Malang aims to fulfill the needs for student housing and other supporting facilities.
Occupying 1.4 hectares of land in Arteri Primer and close to reputable universities in Malang and Batu, this apartment is the best place for investment and living.
P. +62 341 5029990 P. +62 341 5029991 www.apartmenbegawan.id
Total Area 1.4 Ha Building Area 54,000 sqm Number of Floors 20 floors
Commercial
Our Projects
Sungkono Business Park
The Sungkono Business Park is strategically located in Jl. K.H. Abdul Wahab Siamin, Surabaya. The Sungkono Business Park is a four-storey building, equipped with a basement that may be used as storage room designed to accommodate fast moving business needs.
Pekanbaru Park
The Pekanbaru Park is the Company’s project situation on 8 hectares of land bank in Pekanbaru, Sumatera. The Company plans to develop the project in three phases as described below:
ǩ
Phase I: the Condotels (3 stars and 4 stars)ǩ
Phase II: the City Walk - Pedestrian Mall, Shophouses & Office Parksǩ
Phase III : Residential Complexes (Apartment, Landed Houses).www.pekanbarupark.com
PT PP Properti Tbk
58 Company Profile 59
Commercial
Our Projects
Grand Slipi Tower
The Grand Slipi Tower is located in Slipi, West Jakarta, and was initially intended as a mixed-use development offering strata title office building, condotel, and hotel.
Following the takeover by the company, the project has been transformed to exclusively include strata title office building.
Kaza City
Located in East Surabaya, the Kaza City implements the mixed- use development concept that blends the modern market, trade center, mall and hotel. In 2018, the Movimax Cinema is ready to liven up the Kaza City Mall, simultaneously with the establishment of The Palm Park Hotel Surabaya, which is directly connected to the mall.
Commercial
Lagoon Avenue Dharmahusada
The Lagoon Avenue Dharmahusada is a Lifestyle Mall within Grand Dharmahusada. It is located near universities and the prestigious Dharmahusada area. The mall aims to accommodate the lifestyle and needs of residents of East Surabaya area, particularly people who live in the residential area of Grand Dharmahusada Lagoon.
With a total net leasable area of 8.979 sqm, Lagoon Avenue Dharmahusada houses various tenants such as movie theater and F&B outlets. The Lagoon Avenue Dharmahusada also boasts a one-hectare tropical lagoon garden in its outdoor section, where visitors are able to enjoy the mini golf area and multi-purpose lounge. In accordance with its “Blend with Nature” concept, the garden is beautifully designed to complement the modern mall setting.
P. +62 31 5944433
www.lagoonavenuedharmahusada.com
Lagoon Avenue Bekasi
The Lagoon Avenue Bekasi is a Lifestyle Mall within the prestigious superblock, Grand Kamala Lagoon. Strategically located at only 10 minutes away from Halim Perdanakusuma International airport, and with easy access to Jakarta Outer Ring Road (JORR) and situated right across the Jakarta Cikampek Toll Road. Furthermore, the Becakayu Toll Road and the Light Rail Transit (LRT) Route will pass through the area in the future.
The Lagoon Avenue Bekasi is more than just a shopping mall. With a total of 20.867 sqm of net leasable area (NLA), the Lagoon Avenue Bekasi is equipped with unique facilities such as Piano Stairs, Koi Fish Pond and 28 more new attractions that will be built in the coming years.
In accordance with its concept as a one-stop family entertainment center, the Lagoon Avenue Bekasi offers various tenants to fulfill your lifestyle needs, such as CGV Cinemas, The Watch Co., Payless, Andrew Shoes, Owl Eyewear, Starbucks, Excelso, Imperial Kitchen & Dimsum and many more.
P. +62 21 35761176 P. +62 21 35761177
www.lagoonavenue.com/lagoon-avenue-bekasi
Our Projects
PT PP Properti Tbk
62 Company Profile 63
Commercial
Our Projects
Balikpapan Ocean Square
The Balikpapan Ocean Square is located in the center of Balikpapan city, on Jl. Jenderal Sudirman, a strategic area for business Port with excellent access to the Sultan Aji Muhammad Sulaiman International Airport and Semayang.
With a net leasable area of 32.143 sqm, the Balikpapan Ocean Square is designed to be the next lifestyle mall in Balikpapan, completed with various tenants: Cinema XXI, Fun City (Family Entertainment Center), Bangi Kopi and other F&B outlets.
The Balikpapan Ocean Square is also connected to the 4-star hotel Swiss-Belhotel Balikpapan, thus making it the perfect place to relax with friends and family.
P. +62 542 737888 www.bosmall.id
Lagoon Avenue Sungkono
The Lagoon Avenue Sungkono is a Lifestyle Mall within Grand Sungkono Lagoon that mixes outdoor and indoor areas. It has a skylight roof to create the outdoorsy feel inside the mall and floating cafés, where visitors can enjoy dining while looking at the well-maintained outdoor area. Alfresco dining is also available around the mall.
Strategically located between CBD area, Jl. HR Muhammad – Mayjend Sungkono Surabaya and in close proximity to the Satellite Toll Gate, the Lagoon Avenue Sungkono is easily accessible from anywhere, from West Surabaya to East and from North to South Surabaya.
With 19.468 sqm of net leasable area (NLA), the Lagoon Avenue Sungkono will be home to the first Kidzania in Surabaya by 2019.
P. +62 31 567 0188
www.lagoonavenue.com/lagoon-avenue-sungkono
Commercial
Our Projects
In 2018, the Company established a Joint Venture with PT Pengembang Pelabuhan Indonesia (a subsidiary of PT PELINDO II) to build and operate an office building, the Maritim Tower, which stands on 15,000 sqm of land in North Jakarta.
De Tjolomadoe - Solo
In 2017, PP Properti established a Joint Venture with PT PP (Persero) Tbk (PTPP), PT Taman Wisata Candi Borobudur, Prambanan, dan Ratu Boko (Persero) (TWC), and PT Jasa Marga Properti (JMP) to revitalize the old sugar factory, PG. Colomadu in Karanganyar, Central Java.
PT Sinergi Colomadu’s shareholder structure consists of the Company (10%), PTPP (72%), TWC (10%), and JMP (8%). Toegher with PTPN IX as the land owner, the old sugar factory has been transformed into a new cultural and tourism center popularly known as De Tjolomadoe. As a cultural and tourism center, De Tjolomadoe’s facilities include the sugar factory museum and commercial areas with various tenants ranging from Art & Craft to F&B, such as Besali Café, Street Food Festival restaurant, Tjolo Koffie, and many more. De Tjolomadoe is also set to become an exceptional venue for MICE in Indonesia, featuring its historical value as evident in its architectural design. De Tjolomadoe’s MICE facilities include the Tjolomadoe Concert Hall, which can accommodate up to 2,000 guests, the Sarkara Multi-Purpose Hall, which can accommodate 1,000 pax, and a spacious carpark area, which can also function as a venue for outdoor events.
P. +62 271 7851761 www.detjolomadoe.com
PT Menara Maritim Indonesia
Maritim Tower
PT PP Properti Tbk
66 Company Profile 67
Prime Park Hotel Bandung
Park Hotel Bandung started to operate at the end of 2013. This 127-rooms hotel is located in the area of Suci and categorized as a Business and Family Hotel with 9 Meeting Rooms and 1 Ballroom.
Jl. P.H.H Mustofa No. 47/57 Bandung 40124
P. +62 22 8777 2000 P. +62 821 1977 7700 www.primepark.co.id
Park Hotel Jakarta
ǩ
A 12-storey hotels with concrete roof, 176 rooms, and total floor area of 7,100 sqm.ǩ
2-storey basements in the total floor area of 4,485 sqm.ǩ
Total floor area of the hotel: 11,585 sqm.Jl.D.I.Panjaitan kav. 5 Jakarta 13340 P. +62 2998 2000 P. +62 812 9508 2015 P. +62 21 299 2008 www.parkhotel.co.id
Total Area 12,723 sqm Building Area 3,332 sqm Number of Floors 14 Floors
Total Area 12,931 sqm Building Area 3,552 sqm Number of Floors 12 Floors
Hospitality
Our Projects
Prime Park Hotel Pekanbaru
Jl. Jend. Sudirman Blok A No. 3-6 Pekanbaru 28671
P. +62 761 7878 222 P. +62 811 7078 222
www.primepark-pekanbaru.co.id
Prime Park Hotel Lombok
Jl. Udayana No. 16 Selaparang Mataram 83122
P. +62 370 784 2000
Hospitality
Our Projects
Total Area 15,264 sqm Building Area 4,964 sqm Number of Floors 12 Floors
Total Area 23,022 sqm Building Area 6,490 sqm Number of Floors 11 Floors
Company Profile 71 PT PP Properti Tbk
70
Hospitality
Our Projects
Palm Park Hotel Surabaya
Jl. Kapas Krampung No. 45 Simokerto, Surabaya 60142 P. +62 31 374 2000
P. +62 813 8889 8842
www.palmpark-surabaya.co.id
Total Area 10,420 sqm Building Area 2,600 sqm Number of Floors 4 Floors
Swiss-bel Hotel Balikpapan
Balcony City, Jl Jend Sudirman Balikpapan 76113
P. +62 542 758 2800 www.swiss-belhotel.com
Total Area 18,695 sqm Building Area 3,163 sqm Number of Floors 16 Floors
PT PP Properti Tbk Company Profile
74 75
