Property Marketing and Sales Review
Recent events highlights
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On 11 Sep 2021, LPKR launched Cendana Parc Phase II, which is an extension of the seventh
affordable landed residential cluster launched in Lippo Village. Demand for product within the
segment remains strong. Out of a total of 724 units offered, 94% were sold within 1 day.
COLIPPO
In Sep 2021, footfall traffic in our malls recovered to 40% of pre covid levels after having reached
22% of pre covid levels in Jul-Aug 2021 as malls started to see gradual relaxation of social distancing
measures since the beginning of Sep 2021. At current level of recovery, company expect to see rental
discount subsiding by Dec 2021.
2020 landed residential developments continue to see positive handover progress. As of Sep 2021,
93% of units sold in Waterfront Estates Riverside cluster has been handed over, while handover
progress in Silvercreek cluster reached 82%. Construction progress for the remaining cluster remain
to be on track for timely completion.
Siloam continue to see huge impact of covid to its business. Through 9M21, Siloam have conducted
more than 567k PCR tests and more than 1.4m serology tests all while actively supporting the
government in providing national vaccination. YTD Siloam have vaccinated over 370,000 of the
Indonesian population.
PT LIPPO KARAWACI TOK
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