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20240716_PANI_Laporan Informasi dan Fakta Material_31684499_lamp1.pdf
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Page 1
PT Pantai Indah Kapuk Dua Tbk
First Six Months Marketing Sales Climbed to IDR 3.3 trillion, 60% Achieved
PT Pantai Indah Kapuk Dua Tbk (PANI) recorded pre-sales of IDR 3.3 trillion for the first six months
of 2024, or equal 60% achievement of 2024 annual target being set at IDR 5.5 trillion. Dissecting
from each business unit performance, commercial land lots remained as largest contributor,
recorded IDR 1,6 trillion (49%) pre-sales, followed by residential sold IDR 895 billion (27%), and
lastly commercial products including shophouses, shop-offices, SOHO and commercial
warehouse concluded IDR 801 billion (24%) pre-sales within first semi-annual this year.
6mo24 6mo23
2024 Target
Pre-Sales IDR IDR YoY IDR (in Bio)
% Achieved
Units % Units %
(in bio) (In bio)
Commercial Products 164 801 24% 95 455 40% 76% 2,329 34%
Commercial Land Lot 113 1,605 49% 7 545 48% 194% 1,193 135%
Residential 249 895 27% 51 135 12% 562% 1,978 45%
Total 526 3,302 100% 153 1,136 100% 191% 5,500 60%
Comparing to the first half of 2023 marketing sales, PANI recorded a significant incremental
191% YoY and these substantial incremental were mainly due to additional of 12 new projects
post the completion of the pre-emptive rights II which PANI acquired 7 new subsidiaries with
total 850 hectares land bank area and starting to contribute pre-sales in 2024.
As largest contributor, commercial land lots booked IDR 1,6 trillion, increased by 194% YoY
comparing to 2023 first half contribution of IDR 545 billion. These acknowledgement in form of
new pre-sales were created by new demands being occurred local companies and business
owners to possess pieces of land in CBD PIK2. Apart from that, the second contributor to
marketing sales, namely residential increased 562% YoY, a significant jump was reflecting
recent development progress and delivered amenities surrounding PIK2 as result PIK2 are on
track toward more liveable city, aside from play, dine and business hub. Last but not least, as
last contributor, commercial products booked IDR 801 billion (+76% YoY) due to numerous
numbers of visitors to PIK2 on daily bases, also during the holiday period there were almost 1
million visitors has been visiting PIK2 area as recreation destination, and due to its strategic
location that fully connected thru 3 toll roads plus on progress of KATARA (Kamal – Teluk Naga
– Rajeg) toll road (7 minutes from Soekarno-Hatta International Airport) that estimated to be
operated this year end or not later than 2025 early, could be translated into creating more
business opportunities.
As list projects being launched and marketed during first and second quarter, splitting into per
segment including commercial land lot are mostly located at CBD PIK2, commercial products
were including Rukan Marina Bay, SOHO The Bund, Bizpark PIK2, Rukan Petak Sembilan (Cin Te
Yen), and Rukan Lau Pa Sat, Rukan Little Siam, SOHO Miami dan SOHO The Riverside Boulevard.
At last, residential products were Bukit Nirmala, Pantai Bukit Villa, Ilona @Pasadena Hills,
Pasadena Spring, Sapporo Residence, Rumah Milenial, Permata Hijau Residence, Pasir Putih
Residence, Permata Golf Residence and The Golf Signature.
PT Pantai Indah Kapuk Dua Tbk is one of the largest property developers in Indonesia in term of market capitalization
with strategic flagship project in North Jakarta - Pantai Indah Kapuk Two, mainly focusing on middle to upper market
segment for residential, CBD PIK2 commercial land plot and prominent commercial products including shop-houses,
shop-office, SOHO, warehouse, sharia complied office spaces and other property related business.
www.pantaiindahkapukdua.com
For further inquire (including to subscribe/unsubscribe this mailing list), please contact email:
investor.relations@pantaiindahkapukdua.com
Page 2
PT Pantai Indah Kapuk Dua Tbk
On QoQ basis, 2Q24 marketing sales were IDR 1,8 trillion, improved by 23% or IDR 341 billion
QoQ compared to IDR 1,5 trillion in 1Q24, explaining these property demands were sustained
even though within period of Indonesia’s biggest festive, Ramadhan fasting and celebration
of Eid Al-Fitr. Going to detail, commercial land plots sold showed highest incremental of +48%
QoQ, followed by commercial products sold +6% QoQ. However, residentials remained
resilient and relatively stable in the second quarter by +1% QoQ.
Pre-Sales
(In IDR Bio) 2Q24 1Q24 QoQ
Commercial Product 413 389 6%
Commercial Land Lot 959 646 48%
Residential 449 446 1%
Total 1,821 1,481 23%
As summary, PANI has delivered a consistent pre-sales growth during 2021 to 2023.
Pre-sales were logged at IDR 1.7 trillion in 2021, IDR 1.9 trillion in 2022, and IDR 2.4 trillion
in 2023 showing average growth per year at 16.05%. Supported by various innovative
products in PIK2, as well as enthusiastic demand from customers, PANI expects to set
tremendous growth in 2024 by establishing IDR 5.5 trillion target in year 2024 or grew
more than double YoY.
PT Pantai Indah Kapuk Dua Tbk is one of the largest property developers in Indonesia in term of market capitalization
with strategic flagship project in North Jakarta - Pantai Indah Kapuk Two, mainly focusing on middle to upper market
segment for residential, CBD PIK2 commercial land plot and prominent commercial products including shop-houses,
shop-office, SOHO, warehouse, sharia complied office spaces and other property related business.
www.pantaiindahkapukdua.com
For further inquire (including to subscribe/unsubscribe this mailing list), please contact email:
investor.relations@pantaiindahkapukdua.com
Page 3
PT Pantai Indah Kapuk Dua Tbk
Marketing Sales Summary 2021 – 2024 (in IDR bio)
6,000
5,500
5,000
1,193
4,000
3,302
2,329
3,000
2,354
1,605
1,904
2,000 1,748
835
572 981 1,136
801
135
1,000 1,116 1,978
593
545
612
895
583
311 403 455
-
2021 2022 2023 6M23 6M24 2024 Target
Residential Commercial Product Commercial Land Lot
***
PT Pantai Indah Kapuk Dua Tbk is one of the largest property developers in Indonesia in term of market capitalization
with strategic flagship project in North Jakarta - Pantai Indah Kapuk Two, mainly focusing on middle to upper market
segment for residential, CBD PIK2 commercial land plot and prominent commercial products including shop-houses,
shop-office, SOHO, warehouse, sharia complied office spaces and other property related business.
www.pantaiindahkapukdua.com
For further inquire (including to subscribe/unsubscribe this mailing list), please contact email:
investor.relations@pantaiindahkapukdua.com
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