Landed Residential Portfolio
1
Maja, Banten
2
Large land bank to sustain medium to long term development
Large land bank of c. 2,043.5 ha (as of Sept 30, 2020) is sufficient to sustain ongoing developments for the next 20 years
Undeveloped Land bank
Land
area (ha)
1,068.7
intiland
Surabaya &
Greater
Surabaya area
Land
Undeveloped Land bank
area (ha)
-
Others Surabaya area
255.4
Tangerang, Banten
6%
14%
392.7
Pantai Timur, Surabaya
47.4
Others Jakarta area
91.8
Bukit Pencu, Surabaya
33.0
Total land bank
2,043.5 ha
Bukit Sampe, Trawas
31.8
Talaga Bestari, Cikupa
76.2
Lontar
23.6
Gandaria, Jakarta
3.9
79%
Graha Famili, Surabaya
8.5
Pondok Pinang
3.4
Jakarta & Greater
Jajar Tunggal
4.9
Jakarta area
Serenia Hills
1.3
Wiyung
1.0
Jakarta & Greater Jakarta area
1,638.0
■Greater Jakarta
■Greater Surabaya
■ Jakarta
■Surabaya
Surabaya & Greater Surabaya area
405.5
Our long term land bank strategy will focus on balancing sustainable growth with mitigating balance sheet and execution risk
Optimize utilization of current land bank (e.g., high density mixed use developments)
Focus on land consolidation and project extension in area surrounding or in close proximity to existing projects
Enter into strategic collaboration with land owners to minimize capex for land acquisition
Leverage on capital recycling opportunities (e.g., divest longer term land bank holdings with no immediate development plans)
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