Beranda / About Us
Yuyus Juarsa
PRESIDENT DIRECTOR

Build and Serve for Indonesia

Dear Shareholders and Stakeholders,

Praise and gratitude to God Almighty for all His grace.

2022 was the start of a good year regarding the decline in Covid-19 cases, according to Covid-19 data from the Ministry of Health, which was also marked by the cessation of the implementation of Community Activity Restrictions as of May 2022, including the permit to move residents from one city to another and the easing of restrictions on community activities. travel regulations only by showing a vaccine certificate (without a PCR swab) but still complying with health protocols. The rate of decline in Covid-19 cases is marked by a positive rate that affects economic growth. The increase in economic growth from 2020 (the initial year of the pandemic) of 2.07% increased to 3.69% in 2021.

This condition is also an illustration of the property industry in 2022. Various analyzes predict that 2022 will be a momentum for the property industry's gradual recovery to show a positive trend of revival. This shows that there is quite good optimism, especially with the recovery that is starting to gradually occur. Although it will not return to the golden era in the 2011-2013 period, 2022 will be an important step for the property industry to be able to start a recovery step together with other industrial sectors. The rise of the property industry cannot be separated from the role of government support in the form of 50% VAT discount incentives, the FLPP program, easing property loans, and reducing PPh 22 & PPnBM taxes.

With the turn around strategy that has been initiated, in 2022 the Company projects to increase marketing and sales by around 30%-40% from the realization in 2021. This projection is certainly not easy, especially with a series of obstacles and challenges looming in 2021. However, Various studies and risk mapping have been carried out, which will ultimately place 2021 as an important evaluation for the Company's journey in 2022 and the years to come.

The shift in property trends and market needs, especially in the characteristics of the millennial generation, is one of the determinants of the continuity of the property business in Indonesia. Lifestyle changes due to the COVID-19 pandemic have caused changes in the tastes of the property and realty markets, such as the demand for landed houses that prioritize air circulation, as well as the implementation of strict Health Protocols (Prokes) in malls and hotels.

PT PP Properti Tbk is adaptive in developing Indonesia by adjusting to customer needs while still synergizing banking programs, state-owned enterprises and national private corporations. Focusing on millennials and digitalization, PT PP Properti Tbk is again developing landed houses, developing student apartments and hotels in Bandung, Depok, Semarang and Malang, as well as developing Mall & Edutainment in Bekasi and Surabaya. Currently PT PP Properti Tbk focuses on product development and service improvement for customer satisfaction. One of them, We have Kidzania in Surabaya as a means of playing and educating children and Landed House at Permata Puri Cibubur which will continue to be developed according to customer orientation.

Apart from focusing on business development, PT PP Properti Tbk is also consistent in achieving maximum growth with a commitment to realizing Good Corporate Governance and receiving the Award: Excellence Good Corporate Governance Implementation on Corporate Strategy for Innovative Business in the category: Property and Construction Industry by Media Warta Ekonomi and in reporting Sustainability Report, PT PP Properti Tbk is one of the companies that have made significant progress in Efforts to Reduce Carbon Emissions and received the “Corporate Emissions Transparency 2022 Award for Transparency in Emission Reduction in the Issuer Sector with the title GREEN and the Transparency Category in Emission Calculations in the Issuer Sector with the title “GOLD”.

The Board of Directors would like to thank all resident owners, all customers, tenants, hotel guests, mall visitors, consultants, contractors, suppliers, press media, business partners, as well as to shareholders and all stakeholders for the support given to PT PP Properti Tbk. We give our highest appreciation to employees who always work by upholding the values of AKHLAK (Amanah – Kompeten – Harmonis – Loyal – Adaptif – Kolaboratif) and always provide competencies that contribute to the success of PT PP Properti Tbk.

Thank you to the Board of Commissioners of PT PP Properti Tbk and the Parent Company, namely PT PP (Persero) Tbk for their supervision and direction.

Best Regards,

Yuyus Juarsa


Vision

Be the sustainable national scale developer with global competitiveness.

Mission

  • Develop excellent realty and property products to provide comfort to consumers
  • Committed to provide a healthy environment
  • Increase the contribution for the parent company by developing and aligning corporate strategy
  • Strengthen strategic cooperation with PP Properti’s partner
  • Carry out skillful human resources as well as increasing employee’s welfare
Values
COMPANY HISTORY
1991

Business diversification by establishing the UNK (Usaha Non Konstruksi) comprising Developer Unit and Property Unit.

1995

Changed UNK Branch to UNK Unit with BOD Decree No. 25/Kpts/ Dir /1995.
Completed projects: Permata Puri Laguna, Bukit Permata Puri I Semarang, Laguna Sport Center and Puri Permata II.

2004

Restructured The UNK Unit under Business Development Division (DVB).

2010

Developed UNK Unit to The Division of Property that focuses on 3 segments (Hotel, Residential, & Commercial).
Completed projects: Park Hotel Cawang Jakarta, Park Hotel Bandung, FX Residence, Graha Bukopin Surabaya and Grand Soho Slipi.

2012

Changed its status to property division.
Completed projects: Grand Slipi Tower, PRIME PARK Hotel Bandung, Sungkono Business Park

2013

Started to Prepare IPO (Initial Public Offering).
Completed projects: Gunung Putri Square, Pekanbaru Permai, Apartemen Pavilion Permata II, Payon Amartha

2014

Changed its status to PT. PP Properti, a subsidiary of PT. PP (Persero) Tbk.
Completed projects: Grand Kamala Lagoon, Grand Sungkono Lagoon, Apartemen Pavilion Permata II

2015

Go public with Initial Public Offering in the first semester of 2015.
Completed projects: The Ayoma, Grand Dharmahusada Lagoon

AWARDS

Indonesia PR Award 2022

The Best Public Relations in Company Strategy on Developing Integrated Residentials Market Segmentation

Indonesia Excellence GCG Award 2022

Excellence Good Corporate Governance Implementation on Corporate Strategy for Strategy Business

Platinum Award

2020/2021 Vision Awards Annual Report Competition

Top 100 Reports Worldwide - Rank 16

2020/2021 Vision Awards Annual Report Competition

Technical Achievement Award

2020/2021 Vision Awards Annual Report Competition

Gold Rank ASRRAT 2021

Asia Sustainability Reporting Rating

Certificate ISO 9001:2015, ISO 45001:2018, ISO 14001:2015

by Lloyd's Register Indonesia

Best Sustainable Development - Grand Kamala Lagoon

Real Estate Asia Award Commitee Singapore

Best Mixed Used Development - Grand Sungkono Lagoon

Real Estate Asia Award Commitee Singapore

1st The Best Informative Website

Economic Review - Indonesia Corporate Secretary Communication Award -IV- 2021

BCI Asia Award 2021

Top 10 Developers 2021

BCI Asia Award 2020

Top 10 Developers 2020

Digital Award for Property & Construction Company

Innovative Company for Developing Digital Living Apartment & E-Library for E-Library PPRO innovation

Asia Sustainability Reporting Rating (ASRRAT) 2020

Silver Rating by National Center for Sustainablity Reporting (NCSR)

Indonesia Property Expo February 2020

Second Best Developer in Non-Subsidized Mortgage Loan

Greenship Gold Certificate Tower

For Tower Venetian Grand Sungkono Lagoon from Green Building Council Indonesia (GBCI)

Asia Pacific Property Awards 2020

Grand Sungkono Lagoon as a Best Mixed-Use Development

Asia Pacific Property Awards 2020

Westown View as Best Residential High Rise Development

Asia-Pacific Stevie Awards 2019 - Gold Winner

Evenciio Apartment as Innovation Consumer Products and Services for Drugs Prevention, First in Indonesia and the World

BCI Asia Awards

Top Ten Developers 2019

Asia-Pacific Property Awards 2019

Grand Shamaya as Best Residential High Rise Development

Asia Pacific Property Awards 2019

Grand Kamala Lagoon sebagai Best Mixed-Use Development

Real Estate Awards rumah123.com 2019

Evenciio Apartment as The Most Preferred Property in Depok

Real Estate Creative Awards 2019

Grand Shamaya sebagai The Best Concept Apartment in Eastern Indonesia

Properti Indonesia Awards 2019

Grand Shamaya as The Highly Commended Premium Condominium Development in Surabaya

Properti Indonesia Awards 2019

Grand Sagara sebagai The Prospective Apartment Development in Surabaya

Indonesia Properti Expo November 2019

Best Developer in Non-Subsidized Mortgage Loan

Indonesia Properti Expo Agustus 2019

Best Developer in Non-Subsidized Mortgage Loan

PP Awards 2019

Subsidiary with Best Business Excellence

PP Awards 2019

Runner Up for Creative Idea - Marketing System Tracker (MASYTA)

PP Awards 2019

The Best Team for Subsidiaries

PP Awards 2019

Champion for General Book Category - Keybook PP Properti Design Guideline

PP Awards 2019

Champion for Office Management Innovation - Riverview Sales Performance Apps

Warta Ekonomi Most Innovative Business Award 2018

Excellent Company for Product in property and Real Estate dalam acara, Categiry Property and Real Estate

Warta Ekonomi Indonesia Property Award 2018

PRIME PARK Hotel Bandung as Top Marketing Communications in Hotels & Resorts Category

BCI Asia Awards

Top Ten Developers 2018

Real Estate Awards rumah123.com 2018

Verdura as The Most Preferred Apartment in Sentul < 1 BIO

Real Estate Awards rumah123.com 2018

Grand Kamala Lagoon sebagai The Most Preferred Apartment in Bekasi > 1 BIO

The Winner Propety 2018

Gunung Putri Square as Best Developer in Living Concept

Warta Ekonomi Most Admired Companies Award 2018

Most Admired Company, Property Category

Asia-Pacific Stevie Awards 2018

The Ayoma asi Innovation in Marketing untuk Test-Living

Properti Indonesia Awards 2018

The Commended State Owned Enterprise Developer

SWA Magazine Indonesia Most Creative Companies 2017

Indonesia Most Creative Companies 2017

BCI Asia Awards

Top Ten Developers 2017

Real Estate Creative Awards 2017

Grand Shamaya as The Most Creative Real Estate in Surabaya

Real Estate Creative Awards 2017

The Most Creative BUMN Developer

Koran Sindo Awards 2017

The Ayoma as Innovation Idea and Prospect - Test Living

BTN Golden Property Awards 2017

Best Developer with Non Subsidized KYG (Kredit Yasa Griya)

BTN Golden Property Awards 2017

Best State-Owned Enterprise and Subsidiaries in Property Business, Excellence: Sustainability Development

BTN Golden Property Awards 2017

Grand Sungkono Lagoon as Best Urban Living Apartment, Region: Surabaya

BTN Golden Property Awards 2017

Grand Kamala Lagoon as Best Urban Living Apartment, Region: Bekasi

BTN Property Award 2016

Developer with Best Contribution of Commercial Credit in National Scale Category

Yuk Nabung Saham Goes to Campus 2016

One of 40 Best Analyst's Choice Issuer

The IDX Best Blue 2016

The Best IDS Liisted Stocks in Term of Value

Consumer Choice Awards 2016

Grand Dharmahusada Lagoon as The Most Preferred Apartment in Surabaya 300 - 800 MIO

Consumer Choice Awards 2016

"Gunung Putri Square as The Most Popular Apartment in Cibubur > 300 MIO"

Consumer Choice Awards 2016

Evenciio Apartment as The Most Popular Apartment in Depok 300 - 800 MIO

Consumer Choice Awards 2016

Riverview Residence as The Most Popular Apartment in Cikarang < 300 MIO

Consumer Choice Awards 2016

Grand Kamala Lagoon as The Most Popular Apartment in Bekasi 800 MIO - 1,5 BIO dan The Most Preferred Apartment in Bekasi 800 MIO - 1,5 BIO

Consumer Choice Awards 2016

Paladian Park as The Most Preffered Apartment in North Jakarta 800 MIO - 1,5 BIO

PRO/MAX The Extraordinary Project 2015

for Grand Sungkono Lagoon who reach Rp 17 billion in volume

Residence Indonesia The First Super Block with a Green Concept in Surabaya 2014 for Grand Sungkono Lagoon

BTN Property Award 2015

"Developer with Best Contribution"

Museum Rekor Indonesia (MURI)

"Developer that Allocate more than 40% Land for Conservation"

BCI Asia Awards

"Top Ten Developers 2015"

Indonesia Property & Bank Award 2014

“Best Mixed Used Development in Bekasi” – Grand Kamala Lagoon

Indonesia Property & Bank Award 2014

"Aggressive and Phenomenal State Owned Enterprises Developer"

Ray White Darmo Award 2014

“Best Shop House Desain and Innovation Concept”

Museum Rekor Indonesia (MURI)

"Initiator and Organizer of the Largest Painting Creation 2014 for Apartemen Pavilion Permata"
ORGANIZATIONAL STRUCTURE
Board of
Commissioners
Board of
Directors