20240502_LPKR_Laporan Informasi dan Fakta Material_31633157_lamp1.pdf

- LPKR MARKETING SALES REACHED IDR 1.5tn IN 1Q24

- LPKR MARKETING SALES RECORDED AT IDR 1.5tn IN 1Q24

- LPKR ACHIEVED MARKETING SALES OF IDR 1.5tn IN 1Q24, 28% OF
THIS YEAR'S TARGET

Jakarta, 29 April 2024 – PT Lippo Karawaci Tbk. (LPKR), Indonesia’s leading real estate and
healthcare platform, announced its 1Q24 marketing sales of IDR 1.5tn in 1Q24. This achievement
is equivalent to 28% of this year's marketing sales target of IDR 5.37tn.

Landed residentials continued to dominate the marketing sales in 1Q24, due to the successful
launch of Park Serpong and the introduction of Lippo Cikarang Cosmopolis, a new concept in
Cikarang anchored by the XYZ Livin product series.

In addition, over 55% of 1Q24 marketing sales were derived from various landed housing projects
targeting first-home owners, namely Cendana Homes, XYZ Livin, and Waterfront Uptown.

Most of LPKR’s projects are located in the Western area of Greater Jakarta, comprising landed
and mid-rise residentials, shophouses, and high-rise residential inventory. Landed residentials
developed by LPKR, such as XYZ Livin and Cendana series in Park Serpong, contributed IDR
543bn to 1Q24 marketing sales.

In terms of payment profile, 78% of total marketing sales were financed through mortgages. LPKR
sees strong demand in affordable housing, supported by high mortgage utilization, which implies
high end-users.

Group CEO LPKR John Riady said, “LPKR continues to strengthen our foothold in the market
segment for first-home owners by releasing more units in Park Serpong and in Lippo Cikarang
Cosmopolis. Having achieved 28% of our FY24 marketing sales target in 1Q24, we are on track
to meeting our full-year target by maintaining our current sales momentum through our planned
pipeline of launches in the upcoming quarters.”