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PT Metropolitan Development (Indonesia)

Main Activities: Land Subdivision
Full name: PT Metropolitan Development Profile Updated: November 25, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Metropolitan Development is primarily engaged in subdividers and developers, nec activity. Its headquarters is located in Dki Jakarta. The company was founded in 1970. Metropolitan Development, established by founder Ciputra, is a prominent player in the real estate and property development sector in Indonesia. The company focuses on both residential and commercial property development, with a strong emphasis on creating sustainable and innovative urban spaces. Metropolitan Development's primary business line is real estate development, while its secondary activities include property management and investment. The company has developed numerous landmark projects across Indonesia, including residential complexes, shopping malls, and office buildings. With a significant local geographical footprint, Metropolitan Development operates several branches across major Indonesian cities, including Surabaya, Bandung, and Medan. The company has also expanded its operations internationally, with projects in countries such as Vietnam and China. Some of the company's notable projects include the development of the Ciputra World Jakarta, a mixed-use development featuring luxury residences, a shopping mall, and office spaces. The company is also known for its commitment to green building practices and sustainable urban development. Metropolitan Development has formed strategic partnerships with various international real estate firms and financial institutions to enhance its project portfolio and expand its market reach. The company is a member of several industry associations, including the Real Estate Indonesia (REI) and the International Real Estate Federation (FIABCI). With a vision to create world-class urban environments, Metropolitan Development aims to lead the real estate industry in innovation and sustainability, contributing to the economic growth and urban development of Indonesia.

Headquarters
Kota Jakarta Selatan Cilandak Barat Cilandak Dki Jakarta
South Jakarta; Jakarta; Postal Code: 12430

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Basic Information
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Incorporation Date:
July 31, 1970
Key Executives
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President Director
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Director
Ownership Details
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Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency IDR. Absolute financial data is included in the purchased report.
Net sales revenue
5.89%
Total operating revenue
5.89%
Total Assets
7.84%

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