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Page 1
PEMAPARAN PUBLIK 2023
Public Expose 2023
Page 2
PROFIL PERUSAHAAN
COMPANY PROFILE




                    2
Page 3
TIM MANAJAMEN
MANAGEMENT TEAM
Dewan Komisaris / Board of Commissioners
Nama / Name                          Jabatan / Title

Luntungan Honoris                    Komisaris Utama / President Commissioner

Dwi Priyatno                         Komisaris / Commissioner

Edwyn Lim                            Komisaris / Commissioner

Iwan Suryawijaya                     Komisaris Independen / Independent Commissioner

Nita Tanawidjaja                     Komisaris Independen / Independent Commissioner


Direksi / Board of Directors
Nama / Name                          Jabatan / Title

William Honoris                      Direktur Utama / President Director

Dharma Mitra                         Direktur / Director

Fetrizal Bobby Heryunda              Direktur / Director

Herman                               Direktur / Director

Pascall Wilson                       Direktur / Director
                                                                                       3
Page 4
PORTOFOLIO INTI
CORE PORTFOLIOS


Pengembangan Kawasan                 Residensial                                                      Segmentasi lainnya / Hospitality
/Urban Development                                                                                    Kepemilikan dan investasi atas hotel, lapangan
                                                                                                      golf, country club dan restoran.
Pengembangan residensial berskala kota.                                                               Ownership of hotels, golf course, country
Development of township residential properties.                                                       club, and restaurants.

Proyek yang Sudah Selesai / Completed Project                                                         Proyek / Projects
• ModernHill, ModernPark.                                                                             • Novotel Hotel Gajah Mada, Jakarta
                                                                                                      • Swiss-Belinn ModernCikande
Proyek yang Sedang Berjalan / Ongoing Project                                                         • Modern Golf & Country Club, Tangerang
• Jakarta Garden City, Modernland Cilejit, Kota
   Modern, Waskita Modern Realti, Lotte Land Modern
   Realty.




                                                      Kawasan Industrial / Industrial Estate

                                                      Pengembangan lahan industrial yang siap untuk
                                                      dikembangkan.
                                                      Development of raw land into ready-to-build
                                                      industrial lots.

                                                      Proyek yang Sedang Berjalan / Ongoing Project
                                                      • ModernCikande Industrial Estate,
                                                      • Modern Halal Valley
                                                      • Modern Bekasi (Industrial)


                                                                                                                                                 4
Page 5
PEMETAAN PROYEK
PROJECT MAPPING
      Toll Road
                                                                   Soekarno-Hatta                                           Tj. Priok
      Future Toll Road                                                                                                        Port
                                                                    International
                                                                       Airport
                                                                                                                                                                        6
                                                                                                             Pluit                           Completion of Cakung-
Serang                                                                                                                                       Tanjung Priok toll road
                                                                                                                     8
                                                                 Kota Tangerang
                                                                                                                                    Kelapa        1
                                                                                                          Grogol                                      Cakung
                                                                                                                                    Gading

                   7                                                                                                     DKI JAKARTA
                                                                     2                                                                                5                     Kab. Bekasi
               Cikande               3


                                         Kab. Tangerang
                           Cilejit
                                                                                                                               Cawang
                                                                                South
                                                                              Tangerang
                                                                                                                                                          Kota Bekasi
                                                                                                      4
                                                                                    Pondok Cabe

                                                                                                                                                                                          N


                          URBAN DEVELOPMENT                                                                                         KAWASAN INDUSTRI

 1   JAKARTA GARDEN CITY                     4   MODERNHILL                                       6       MODERN BEKASI INDUSTRIAL
 2   KOTA MODERN                             5   MODERN PARK                                      7       MODERNCIKANDE
 3   MODERNLAND CILEJIT                      6   MODERN BEKASI RESIDENTIAL


JOINT VENTURE                                                                                                               HOSPITALITI DAN KOMERSIAL
 1   LOTTE LAND MODERN REALTY
                                                                                                  2       MODERN GOLF & COUNTRY CLUB
 6   WASKITA MODERN REALTI
                                                                                                  7       SWISS-BELINN MODERNCIKANDE
                                                                                                  8       NOVOTEL HOTEL JAKARTA GAJAH MADA

                                                                                                                                                                                              5
Page 6
REKAM JEJAK PERUSAHAAN
COMPANY MILESTONES

                     Peluncuran perdana
                                                                 MDLN meluncurkan obligasi                  Akuisisi     dan       pengembangan
                     proyek Kota Modern,
                                                                 pertama      sebesar  IDR100               ModernCikande seluas 375 hektar
                     dengan     luas   400
                                                                 miliar jatuh tempo 1999.                   dengan harga Rp 249 miliar.
                     hektar.
                     Launched       Kota                      MDLN Issued the first IDR                     Acquired   and      commenced      a
                     Modern, a township                       Bond amounted IDR 100                         development of 375 ha of Modern
                     with 400 ha of land                      billion due in 1999.                          Cikande Industrial Estate at IDR 249
                     area.                                                                                  billion.




                         1989                                            1994                                          2012
    Established                                  IPO                                            KEPPEL                                     Novotel

                         Kota
                        Modern
                                                                          PUB                                           MCIE
     1983                                       1993                                             2004                                       2012

                                           Pencatatan saham di                           Kerjasama dengan Keppel
 Pendirian PT                                                                                                                      Akuisisi Hotel   Novotel
                                           Bursa Efek Jakarta                            Land Singapore untuk
 Modernland                                                                                                                        Gajah    Mada    sebesar
                                                                                         Pengembangan lahan 370
 Realty Ltd.                               Listed on the                                                                           Rp 130 miliar.
                                                                                         hektar, Jakarta Garden City
 PT. Modernland                            Indonesian Stock
                                                                                         Established a JV with                    Acquired Novotel Gajah
 Realty    Ltd was                         Exchange.
                                                                                         Keppel Land to develop                   Mada Hotel at IDR 130
 established.
                                                                                         270 ha Jakarta Garden                    billion.
                                                                                         City.


                                                                                                                                                         6
Page 7
 REKAM JEJAK PERUSAHAAN
 COMPANY MILESTONES
          Penjualan lahan kepada AEON Mall seluas             Meluncurkan obligasi sebesar Rp750 miliar,             Perubahan struktur permodalan Perseroan
          8,5 ha sebesar USD45 juta.                          jatuh tempo di 2018 dan 2020.                          dalam perusahaan milik bersama PT Astra
                                                                                                                     Modern Land dari 50% menjadi 33%
          Penandatanganan penjualan lahan seluas              Penjualan lahan Kawasan industri seluas 110            dengan nilai transaksi Rp 522 miliar.
          170 hektar dengan PT Alam Sutera Realty             hektar kepada satu pembeli dengan nilai
          Tbk dengan total transaksi Rp 3.4 triliun.          transaksi Rp 651 miliar.
          Sale of 8.5 ha land to AEON Mall amounted           Raised IDR 750 billion from IDR bond due in            Change the ownership of company in JV
          US$45 million.                                      2018 and 2020.                                         Astra Modern Land from 50% to 33% for
                                                                                                                     IDR 522 billion.
          Signed an agreement of a 170 ha land sale           Sold Large 110 ha industrial plot to a single
          with PT Alam Sutera Realty Tbk for IDR 3.4          customer amounted to IDR 651 billion
          trillion.



                               2013                    Global               2014                                             2017              Global
          JGC
                                                       Notes
                                                                                                    IKEA
                                                                                                                                               Notes
                               AEON                                         PUB                                               AML
         2013                                          2013                                        2016                                         2017

                                                                                    Penjualan lahan sebesar 3,7 hektar kepada IKEA
Akuisisi kepemilikan Keppel                  Meluncurkan obligasi                                                                        Meluncurukan obligasi
                                                                                    sebesar Rp 297 miliar.
Land Singapura atas saham                    USD pertama sebesar                                                                         USD240 juta, jatuh
Jakarta Garden City sebesar                  USD150 juta, jatuh                     Kerjasama dengan Astra Internasional untuk
                                                                                                                                         tempo 2024.
Rp 2,3 triliun.                              tempo 2016.                            pengembangan 67 hektar lahan di Jakarta
                                                                                    Garden City dengan nilai transaksi Rp 3,2
                                             Issued first US$ bond;                                                                      Issued US$240 million
Acquired full ownership of                                                          triliun.
                                             US$150 million bond due                                                                     bond due in 2024.
stake of Keppel Land in                                                             Sale of 3.7ha land plot to IKEA for IDR 297
Jakarta Garden City at IDR                   in 2016.
                                                                                    billion.
2.3 trillion.
                                                                                    Established a 50-50 JV with PT Astra Land
                                                                                    Indonesia to develop 67 ha of land in Jakarta
                                                                                    Garden City and transacted the land at IDR 3.2
                                                                                    trillion.
                                                                                                                                                                 7
Page 8
REKAM JEJAK PERUSAHAAN
COMPANY MILESTONES                                                                                                                                       Pembelian kembali Notes 2025
                                                                  Membentuk perusahaan patungan dengan Lotte
                                                                                                                                                         senilai 48,43 juta dan Notes
                                                                  E&C, untuk mengembangkan lahan seluas 5
                                                                  hektar di Jakarta Garden City dengan nilai                                             2027 senilai 54,54 juta di bulan
                                                                  transaksi Rp 802 miliar.                                                               April 2022.
                                                                                                                        Restrukturisasi Notes 2021
                                                                  Meluncurkan Modernland Cilejit, Kota Mandiri          sebesar US$ 179 juta dan         Topping Off Cleon Park
                                                                  seluas 1.000 herktar dengan konsep TOD dan            Restrukturisasi Notes 2024       Apartment di bulan Agustus
                                                                  resort living.                                        sebesar US$ 268 juta.            2022.
                            Membuka Hotel Swiss-Belinn di
                            kawasan             industrial        Established a new JV with Lotte E&C to develop         Restated and Amended            Buyback of Global Notes 2025
                            ModernCikande.                        a 5 ha of land in Jakarta Garden City and the land     Notes 2021 (US$ 179             worth 48.43 million and Global
                                                                  sale proceed was IDR 802 billion.                      million) & Restated and         Notes 2027 Bonds worth 54.54
                            Commenced the operation of                                                                                                   million in April 2022
                                                                                                                         Amended Notes 2024 (US$
                            Swiss-Belinn   Hotel    in            Launched Modernland Cilejit, a 1,000 ha
                                                                                                                                                         Cleon Park Apartment Topping
                                                                                                                         268 million)
                            ModernCikande.                        planned township with a TOD and resort living
                                                                                                                                                         Off in August 2022
                                                                  concept in Cilejit area.




                                   2018                  Global                  2019                      CLEON
                                                                                                                               2021                                      2022
          WMR                                            Notes                                              PARK
                                                                                                                                                     AML
                                  Swiss-                                                                                       Global                                  Global
                                                                                 LLMR
         2018                     Belinn                2018                                               2020                Notes                                   Notes
                                                                                                                                                     2021

Kerjasama dengan PT Waskita Karya
Realty untuk mengembangkan lahan                   Meluncurkan       obligasi                   Ground Breaking apartement                   Divestasi kepemilikan AML
residensial sebesar 343 herktar di Modern          USD150 juta, jatuh tempo                     Cleon Park di Jakarta Garden                 sebesar      33%   dengan
Bekasi dengan nilai transaksi Rp 1,1 triliun.      2021.                                        City                                         transaksi senilai IDR 1
                                                                                                                                             trilius (Desember 2021)
                                                   Issued Guaranteed Senior                     Cleon    Park   Apartment
                                                   Notes amounted US$150                        ground breaking in Jakarta                   AML stock divestment
Established a new JV with PT Waskita Karya                                                      Garden City
                                                   million due in 2021.                                                                      33% ownership, IDR 1
Realty to develop a 343 ha of Toll Road City
                                                                                                                                             trillion    transaction
in Modern Bekasi residential area and the
                                                                                                                                             (December 2021)
land sale proceed was
IDR 1.1 trillion.

                                                                                                                                                                                       8
Page 9
KONDISI PERSEROAN 2023
2023 Company Condition




                         9
Page 10
Ekonomi Makro
Macro Economic
 Pertumbuhan ekonomi Indonesia              Indonesia Economic Growth
 Berdasarkan Badan Pusat Statistik (BPS),   Based on the Central Statistics Agency,
 Indonesia bertumbuh sebesar 4,94% pada     Indonesia grew by 4,94% in the third
 triwulan III 2023.                         quarter of 2023.




 Pertumbuhan Indeks Harga Properti          Indonesia Residential Property Price
 Residensial Indonesia (IHPR)               Index Growth (IHPR)
 Berdasarkan hasil survei harga properti    According to the survey results on
 residensial bank Indonesia, IHPR tumbuh    residential property price conducted by
 sebesar 1,96% pada triwulan III 2023.      Bank Indonesia, the IHPR increased by
                                            1,96% in third quarter of 2023



 Insentif pada sektor properti              Incentive in property sector
 Pemerintah memberikan insentif berupa      The government provides incentives, such
 tanggungan PPN 100% untuk rumah            as 100% VAT exemption for houses priced
 dibawah 2 miliar hingga Juni 2024.         under 2 billion until June 2024.
 Selanjutnya, insentif sebesar 50% untuk    Subsequently, there will be a 50% incentive
 pembelian rumah hingga 5 miliar dalam      for the houses priced up to 5 billion during
 periode Juli – Desember 2024.              the period from July to December 2024.

                                                                               10
Page 11
Agenda Perseroan 2023
Company Agenda 2023


   Memperluas kesempatan
        Kerjasama dengan                                                              Peluncuran klaster-
   potensial investor dalam                                                       klaster residensial baru
         mengembangkan
   Kawasan Residensial dan
                                               01                                        di Kota Modern,
                                                                                  Modernland Cilejit dan
                                                                                      Jakarta Garden City
                                               Peluncuran Klaster Baru
                                04
                   Industrial

    Expanding opportunities
                                               New Clusters Launch                       Launch of new
      for collaboration with    Kemitraan                                          residential clusters in
       potential investors in                                                             Kota Modern,
                                Partnership                                       Modernland Cilejit and
  developing residential and
             industrial areas
                                               02                                   Jakarta Garden City


                                               Desain & Konsep
                                03             Terbaru                    Mengusung desain dan konsep
                                                                            terkini dengan bentuk façade
                                Percepatan     New Design &                 yang berbeda dengan desain
  Percepatan penyelesaian       Pembangunan    Concept                       sebelumnya dan desain attic
pembangunan infrastruktur                                                yang unik untuk mamaksimalkan
      kawasan dan hunian        Development
                                                                                    pemanfaatan ruangan
                                Acceleration
Accelerate the completion of                                                Carrying the latest design and
     regional and residential                                              concept with a different façade
 infrastructure development                                                shape from the previous design
                                                                              and a unique attic design to
                                                                               maximize space utilization


                                                                                                    11
Page 12
KINERJA KEUANGAN 9M23
FINANCIAL PERFORMANCE 9M23




                             12
Page 13
IKHTISAR KEUANGAN
FINANCIAL INFORMATION                                           dalam miliar rupiah (in billion rupiah)

                     LAPORAN LABA (RUGI)
                                                         9M23                          9M22
                        (Profit & Loss)
Pendapatan / Revenue                                    782.76                        614.56
Beban Pokok Pendapatan / Cost of Revenues               (364.61)                     (268.24)
Laba Kotor / Gross Profit                               418.16                        346.31
Pendapatan Operasi Lainnya / Other Operating Income     141.86                        820.95
Beban Operasi Lainnya / Other Operating Expenses         (5.85)                      (421.00)
Laba (Rugi) Usaha / Operating Income                    157.25                        370.66
Beban Keuangan / Finance Cost                           (226.24)                     (136.86)
Laba (Rugi) Bersih / Net Profit (Loss)                  (63.33)                       234.51
                                                                dalam triliun rupiah (in trillion rupiah)
                LAPORAN POSISI KEUANGAN
                                                         9M23                          2022
                        (Balance Sheet)
Total Aset / Total Asset                                 13.56                         13.53
Total Liabilitas / Total Liabilities                     9.41                           9.30
Total Ekuitas / Total Equity                             4.16                           4.23
Total Liabilitas & Ekuitas / Total Liability & Equity    13.56                         13.53
                                                                                                            13
Page 14
KINERJA PEMASARAN & PROSPEK USAHA
MARKETING PERFORMANCE & BUSINESS PROSPECT




                                            14
Page 15
            PRA-PENJUALAN
            MARKETING SALES
                                                                     9M23                                                           Marketing Sales
                                                                 MARKETING SALES
                                                                                                                                    Yearly Growth (%)
                 171,10%
          5000                                44,70%
                                                                     72,90%
          4500             27,30%                                              19,20%                                                                 17,19%
                                    -15,90%                                                                     -13,20%
          4000                                         -54,70%                                -62,70%                              -37,90%
          3500
Rp (Bn)




          3000
          2500
          2000
                                              4584                             4276
                           3767                                      3588
          1500   2960               3168
          1000                                         2075                                   1597
           500                                                                                                  1386                861               1009
             0
                 2013      2014     2015      2016     2017          2018      2019           2020              2021               2022           9M23

                                                                                                       9M23
                                                                                                BREAKDOWN BY SEGMENT

                                                                                                        10,8%         7,7%




                                                                                                                                     81,5%




                                                                                        Industrial      Residential          Hospitality and others
                                                                                                                                             15
Page 16
                         VASTU@GARDEN CITY

Pada bulan November 2023, Perseroan meluncurkan premium cluster
di Jakarta Garden City, Vastu @ Garden City yang terdiri dari 388 unit.
In November 2023, Company launched premium cluster in Jakarta
Garden City, Vastu @ Gardern City, which consisted of 388 units.

Berlokasi pada kawasan strategis, yang dekat dengan AEON mall dan
ditampilkan dengan konsep Garden Cove yang mengutamakan
kenyamanan dan kualitas dalam kehidupan.
Located in a strategic area, close to AEON Mall and presented with
the Garden Cove concept that prioritizes comfort and quality in life.




                                                                  16
Page 17
            GREAT BRITANIA
             SUPER CLUSTER
Pada bulan September 2023, Perseroan
meluncurkan super cluster terbaru pada
Modernland Cilejit, yaitu Great Britania.
In September 2023, the company made a soft-
launched new super cluster in Modernland
Cilejit named Great Britania Cluster.

Great Britania akan menjadi pilihan utama bagi
penghuni yang menggunakan kereta sebagai
transportasi melalui stasiun Cilejit.
Great Britannia in Modernland Cilejit will serve
as the primary option for prospective residents
who depend on railway transportation through
the Cilejit Commuterline Station.

Great Britania merupakan supercluster yang
eksklusif dimana dibangun dengan fasad yang
tinggi sehingga menyerupai hunian dua lantai.
Selain itu, terdapat pintu cluster yang ikonik
dan pemandangan yang indah sebagai nilai
tambah.
With a grand facade that resembles that of a
two-story house, it enhances the aesthetics of
the residence. Furthermore, the iconic cluster
gate, captivating landscape add value and
enhance the exclusivity of the Great Britannia
supercluster.
                                      17
Page 18
THANK   YOU


              18
Page 19
DISCLAIMER

This presentation has been prepared by PT Modernland Realty Tbk. (“MDLN”) as a reference
and does not constitute an offer solicitation or invitation to subscribe for and/or purchase
any shares of MDLN. Information contained in this presentation have not been independently
verified, and so, no representation or warranty, expressed or implied, is made as to, and no
reliance should be placed on the fairness, accuracy, completeness or correctness of, the
information or opinions contain herein. All information and opinions included in this
presentation constitute our judgment as of this date and are subject to change without prior
notice. PT Modernland Realty Tbk. disclaims any responsibility or liability whatsoever arising
which may be brought against or suffered by any person as a result of reliance upon the
whole or any part of the contents of this presentation and neither PT Modernland Realty Tbk.
nor any of its affiliated companies and their respective employees and agents accepts liability
for any errors, omissions, negligent or otherwise, in this presentation and any inaccuracy
herein or omission here from which might otherwise arise.
The information in this presentation may contain forward-looking statements. Investors and
security holders are cautioned that forward-looking statements are subject to various
assumptions, risks and uncertainties, many of which are difficult to predict and are generally
beyond the control of the Company. So, information in this presentation can be materially
different from any future results, performance or achievements expressed or implied.


                                                                                                  19

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