Business Presentation May 2017
Corporate Overview Corporate Structure
PT Sang Pelopor Public & Affiliates
51% 49% (18,560,303,397 shares @ Rp 250)
99.99% PT CIPUTRA RESIDENCE 99.99% PT CIPUTRA NUSANTARA 99.99% PT CIPUTRA GRAHA MITRA 98.33% PT CIPUTRA ADIGRAHA 99.89% PT CIPUTRA INDAH & Subsidiaries & Subsidiaries & Subsidiaries & Subsidiaries & Subsidiaries CitraGarden City Jakarta CitraLand Surabaya CitraGarden Banjarmasin Ciputra World Jakarta 1 CitraIndah Jonggol CitraRaya Tangerang Ciputra Golf Surabaya CitraLand Banjarmasin CitraLand Pekan Baru CitraGrand City Palembang Ciputra World Surabaya CitraLand City Samarinda 98.99% PT SARANANEKA CitraGarden Pekan Baru NEW CitraRaya City Jambi CitraHarmoni Sidoarjo Citra BukitIndah Balikpapan INDAHPANCAR CitraLand Cibubur CitraLake Sawangan Depok CitraGarden Sidoarjo CitraLand Celebes Makassar Ciputra World Jakarta 2 NEW CitraGarden BMW Cilegon CitraIndah Sidoarjo CitraGarden Makassar 65.75% PT CIPUTRA RAYA CitraMaja Raya Banten The Taman Dayu Pandaan CitraGreen Dago Bandung 81.85% PT CIPUTRA SENTRA SEJAHTERA & Subsidiaries CitraGarden Aneka CitraGarden Lampung CitraLand NGK Jambi & Subsidiaries Ciputra Hospital Tangerang Pontianak CitraSun Garden Semarang CitraGarden Pekalongan Ciputra Mall & Hotel Jakarta Ciputra Hospital Jakarta Citra Towers Kemayoran CitraLand Kendari CitraLand Tegal CitraDream Cirebon, Semarang Ciputra Mitra Hospital Jakarta CitraLand Denpasar BizPark CE Banjarmasin Bandung, Yogyakarta, Bintaro Banjarmasin CitraGarden City Malang CitraSun Garden Yogyakarta CitraLand Botanical City CitraGarden City Samarinda CitraGrand Mutiara Pangkalpinang 99.10% PT CIPUTRA SEMARANG Citra Aerolink Batam Yogyakarta Vida View Apartment & Subsidiaries CitraPlaza Batam NEW CitraGrand Semarang Makassar Ciputra Mall & Hotel Semarang CitraLand Palu CitraGrand Galesong City Dipo Business Center Jakarta 7.43% INTERNATIONAL CITY CitraLand Bagya City Medan Gowa Ciputra International Jakarta DEVELOPMENT PTE. LTD. CitraLand The Green Lake Citramitra City Banjarbaru Ciputra Hanoi International Surabaya CitraCity Balikpapan 99.99% PT CIPUTRA ADIBUANA City CitraLand City Losari CitraLand Cirebon NEW Grand Phnom Penh Makassar CitraLand Megah Batam CWJ 2 Extension International City CitraLand Lampung CitraLand BSB City Semarang Grand Shenyang CitraLand Talassa City NEW CitraLand Puri Serang 60% PT DWIPA TUNASBUMI International City Makassar CitraGrand Senyiur City ABHUYUDAYA NEW Samarinda Ciputra Beach Resort Bali
42.57% Somerset Grand Citra Jakarta
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 4 Corporate Milestones
2006 : - Issuance of 2.3 billion shares without pre-emptive rights for debt settlement - Rights Issue II 2007 : IPO of PT Ciputra Property Tbk (CTRP) 2015 : Share dividend distribution 2016 : Share dividend distribution Merger plan with CTRS and CTRP 1997 : Economic crisis hit Indonesia. Start of debt restructuring process Developed and launched: 1999 : PT Ciputra Surya Tbk (CTRS)’s listing on 2007 : Ciputra World Surabaya 1994 : IPO and listing on JSX JSX 2008 : Ciputra World Jakarta 1995 : Issuance of Notes (US$ 100 million) 2000 : Bonus shares distribution 2009 : CitraLand Celebes Makassar, our first
1996 : - Rights issue I Developed and launched: project in Sulawesi - Listing on SSX 2005 : CitraGarden Lampung in Sumatra and 2011 : Ciputra Hospital Tangerang, our first health Established under the name - Issuance of bond (Rp 150 billion) CitraGarden Banjarmasin in Kalimantan, care project of PT Citra Habitat - Issuance of TLCF (US$ 25 million) marking the beginning of business 2012 : CitraDream Hotel Cirebon, our first budget (Transferrable loan certificate facility) expansion outside of Java hotel Indonesia 2013 : Ciputra Beach Resort Bali, our first resort Developed and launched: development 1984 : CitraGarden City, our first project, in West Jakarta 2015 : CitraLand City Losari in Makassar, our first 1993 : - CitraLand, our first and largest township project in Surabaya reclamation residential project - Ciputra Mall & Hotel Jakarta, our first commercial project 2016 : Ciputra Mitra Hospital, our first health care 1994 : CitraRaya Tangerang, our largest township development project in Kalimantan project, covering an area of more than 2,700 ha
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 5 Core Business
Property Development for Sale Commercial Property Development & Management (Selling Income) (Recurring Income)
Township Residential Condominium Office Shopping Mall Hotel Serviced Apt. Office Others
Currently developing over 5,000 ha land and successfully sold over 110,000 units Successfully developed 4 malls (196,000 sqm), 8 hotels (1,297 rooms); residential and condominium and 145,000 sqm office space a serviced apartment (203 units), 1 office tower and a 27-hole golf course. *Golf course and water parks
REVENUES CONTRIBUTION
82% 75% 76%
18% 25% 24%
2015 2016 2017T
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 6 Competitive Strength
BUSINESS PROSPECT
Increase in Change in Availability in Potential Stable Urbanization Government housing customers’ mortgage economic political trends stimulus plan needs lifestyle facility growth outlook
We are well positioned in Indonesia’s Focus on real estate business current property outlook because of Steady launch and development the following factors: of pipeline projects
Reputable brand & experienced Most diversified in market targets, management team products offered & project locations
Large land bank at prime locations to support future growth
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 7 Corporate Project Spread
CitraLand Bagya City CitraGarden CitraLand Celebes CitraLand CitraLand CitraGarden CitraGarden BizPark Commercial Estate Vida View Apartment CitraGrand Galesong City CitraLand NGK Ciputra Mitra Hospital CitraLand City Losari CitraRaya City CitraLand Talassa City NEW projects in 33 cities CitraGrand City Citra BukitIndah CitraCity CitraLand CitraLand Megah CitraLand Citra AeroLink CitraLand City NEW Citra Plaza CitraGrand Senyiur City Medan CitraLand Botanical City CitraGarden City CitraGarden CitraMitra City CitraLand Pekan Baru Batam CitraGarden Aneka Jambi KALIMANTAN Samarinda Pontianak Balikpapan Palu Palembang
Bengkulu Banjarmasin Pangkalpinang B. Lampung Makassar Kendari Banjarbaru Tangerang Jakarta CitraGarden City Lebak Depok Cirebon Cilegon Tegal CitraRaya Serang Surabaya Semarang Sidoarjo CitraIndah Bandung Pandaan CitraLake Pekalongan JAVA Denpasar CitraTowers Kemayoran Malang Jogjakarta CitraLand NEW CitraGreen Dago CitraLand
CitraDream Hotel Ciputra Mall & Hotel CitraGarden Townships & CitraLand Somerset Grand Citra residential projects Ciputra World NEW CitraHarmoni CitraLand 56 CitraGarden BMW C Ciputra Hospital CitraGarden The Nivata CitraSun Garden Commercial property Ciputra Hospital CitraIndah CitraLand CitraGrand Mutiara projects DIPO Business Center The Taman Dayu Ciputra Beach Resort NEW 19 CitraDream Hotel CitraLand Green Lake CitraDream Hotel CitraDream Hotel Ciputra International Ciputra World 2 Extension NEW Ciputra Golf CitraSun Garden Ciputra Mall & Hotel Ciputra World CitraGrand CitraDream Hotel CitraMaja Raya CitraLand BSB CitraGarden City
CitraLand Puri
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 8 Land Bank Directly Owned Projects (as at 31 December 2016)
Developed Land Undeveloped Land Sales Information Average Land Selling Price (per sqm) Project (Saleable Land) (Raw Land) 2016 Ha IDR bio Ha IDR bio Ha Unit 2012 2013 2014 2015 2016 CitraGarden City Citra 6 2.5 79.6 - - - - 10,750,000 14,900,000 18,262,000 18,120,000 18,120,000 Other Areas 39.1 1,055.0 17.8 73.9 0.8 106 6,860,000 7,830,000 13,791,000 15,123,000 16,288,000 CitraRaya Tangerang 100.8 691.9 556.3 613.3 15.1 1,621 1,722,000 2,604,000 3,630,000 3,898,000 3,634,000 CitraIndah Jonggol 85.9 193.6 155.0 132.9 10.7 955 679,000 868,000 1,119,000 1,286,000 1,591,000 Jakarta 228.3 2,020.1 729.1 820.1 26.6 2,682 5,003,000 6,550,000 9,200,000 9,607,000 9,908,000 CitraLand Surabaya 148.6 812.9 632.3 901.1 8.6 1,057 3,732,000 5,438,000 8,600,000 8,717,000 12,259,000 CitraHarmoni Sidoarjo 24.1 102.3 46.7 39.5 2.1 219 1,335,000 2,089,000 2,654,000 3,073,000 3,905,000 CitraGarden Sidoarjo 3.0 33.9 - - 1.4 99 1,671,000 2,488,000 3,171,000 4,142,000 5,020,000 Surabaya 175.7 949.1 679.0 940.6 12.1 1,375 2,246,000 3,338,000 4,808,000 5,310,000 7,061,000 CitraGarden Lampung 1.9 10.7 - - - - 1,357,000 2,079,000 2,700,000 3,080,000 2,238,000 CitraLand Lampung 14.8 75.2 11.2 111.8 3.1 169 - - - - 3,608,000 CitraLand Pekanbaru 5.3 75.2 3.2 9.5 0.4 9 2,334,000 2,741,000 4,106,000 4,244,000 4,214,000 CitraLand NGK Jambi - - 1.6 6.7 - - 2,100,000 2,687,000 2,854,000 2,921,000 3,482,000 CitraLand Tegal - 22.1 - - 0.3 21 1,856,000 2,032,000 2,200,000 2,402,000 2,566,000 BizPark CE Banjarmasin - 7.4 - - 2.2 2 1,257,000 1,354,000 1,547,000 1,722,000 1,722,000 Total 426.0 3,159.8 1,424.1 1,888.7 44.7 4,258 - - - - -
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 9 Land Bank Joint Operation Projects (as at 31 December 2016)
Development Sales Information Average Land Selling Price (per sqm) Joint Operation Project Plan 2016 (Ha) Ha Unit 2012 2013 2014 2015 2016 The Taman Dayu Pandaan 600 0.4 51 1,121,000 2,026,000 3,322,000 3,571,000 4,337,000 CitraGarden Banjarmasin 10 - - 3,124,000 3,213,000 3,260,000 3,261,000 3,075,000 CitraLand City Samarinda 93 - - 2,754,000 2,841,000 3,254,000 3,248,000 3,388,000 Citra BukitIndah Balikpapan 21 - - 2,793,000 3,628,000 4,134,000 4,386,000 4,386,000 CitraGrand City Palembang 165 1.0 69 1,776,000 2,160,000 2,352,000 2,238,000 2,826,000 CitraLand Celebes Makassar 30 0.3 18 3,746,000 4,428,000 4,624,000 5,153,000 5,044,000 CitraLand Banjarmasin 40 0.1 3 1,706,000 1,912,000 3,350,000 3,667,000 4,681,000 CitraIndah Sidoarjo 2 - - 2,397,000 2,304,000 2,304,000 2,304,000 2,304,000 CitraGarden Makassar 15 0.5 57 1,604,000 1,847,000 1,949,000 2,136,000 2,433,000 Citra Green Dago Bandung 70 - - 3,732,000 3,882,000 3,882,000 3,882,000 3,882,000 CitraSun Garden Semarang 17 0.5 26 2,914,000 3,438,000 4,698,000 5,005,000 5,316,000 CitraLand Kendari 15 0.3 21 2,066,000 2,412,000 2,911,000 3,814,000 3,507,000 CitraGarden Pekalongan 10 0.2 17 1,336,000 1,034,000 1,111,000 1,630,000 1,747,000 CitraLand Denpasar 18 0.3 15 6,616,000 10,062,000 11,971,000 10,649,000 11,644,000 CitraSun Garden Yogyakarta 6 0.1 3 3,479,000 4,207,000 5,733,000 6,174,000 6,139,000 CitraLand Botanical City Pangkalpinang 57 0.1 16 1,277,000 1,674,000 1,682,000 2,173,000 1,898,000 CitraGarden Pekan Baru 20 0.2 13 1,233,000 1,378,000 1,472,000 1,590,000 1,883,000 CitraGrand Semarang 55 1.1 75 1,706,000 2,459,000 3,166,000 3,203,000 3,370,000 CitraLand Palu 17 0.4 29 2,223,000 2,442,000 2,385,000 3,064,000 3,651,000 CitraGrand Mutiara Yogyakarta 9 0.3 20 1,711,000 2,122,000 2,727,000 3,321,000 3,832,000 CitraRaya City Jambi 611 - 0 1,153,000 1,086,000 1,108,000 976,000 1,029,000 CitraLand Bukit Semarang Baru Semarang 100 1.2 70 - 2,329,000 2,394,000 2,653,000 2,710,000 CitraLand Bagya City Medan 63 2.8 185 - 3,726,000 5,267,000 5,883,000 5,697,000 CitraLake Sawangan Depok 12 0.7 49 - 3,475,000 3,746,000 4,172,000 4,372,000 CitraGarden BMW Cilegon 47 1.2 83 - 1,956,000 2,452,000 2,596,000 3,008,000 CitraLand Megah Batam 19 - - - 3,000,000 3,000,000 3,280,000 3,248,000 CitraMitra City Banjarbaru 172 0.5 37 - 745,000 793,000 917,000 955,000 CitraLand The Green Lake Surabaya 40 1.3 108 - 5,122,000 6,388,000 7,400,000 8,238,000 CitraLand Cirebon 45 0.5 59 - 1,845,000 1,943,000 2,031,000 2,127,000 CitraCity Balikpapan 9 - - - 9,251,000 10,500,000 10,500,000 10,500,000 CitraGrand Galesong City Gowa 500 0.7 131 - 2,939,000 2,918,000 2,368,000 1,693,000 CitraGrand Senyiur City Samarinda 397 - - - - 1,300,000 1,373,000 1,336,000 CitraGarden Aneka Pontianak 27 - - - 4,746,000 4,991,000 5,585,000 CitraLand Puri Serang 43 1.1 141 - 2,250,000 1,987,000 1,919,000 CitraMaja Raya 1,200 9.6 1,171 - - 850,000 998,000 1,253,000 CitraGarden City Malang 100 2.2 207 - - 4,794,000 3,731,000 CitraLand City Losari Makassar 157 0.6 49 - - 13,400,000 15,297,000 Citra AeroLink Batam 21 0.3 7 - - - 3,374,000 3,772,000 CitraGarden City Samarinda 100 0.5 42 - - - 3,686,000 2,438,000 Total 4,934 29.0 2,772 - - - - - PT CIPUTRA DEVELOPMENT TBK – Business Presentation 10 High rise (Apartment and Office - Strata Title)
Total Sales Information Unsold Average Selling Price per sqm Project Saleable Area 2016 (sqm) (sqm) sqm unit 2012 2013 2014 2015 2016 Jakarta CitraLake Suites - CitraGarden City 38,655 30,565 957 15 - - 20,250,000 23,358,000 24,956,000 Citra Living - CitraGarden City 32,688 26,295 1,726 54 - - - 17,642,000 18,495,000 Citra Towers Kemayoran 37,955 11,987 101 43 - - 22,390,000 22,662,000 25,866,000 MyHome Apartment - CWJ 1 39,000 - 493 3 32,453,000 46,147,000 40,148,000 40,148,000 43,297,000 Raffles Residence - CWJ 1 41,500 6,594 1,910 4 32,972,000 21,386,000 36,080,000 28,626,000 21,868,000 DBS Bank Tower - CWJ 1 19,284 1,021 1,200 4 32,174,000 37,917,000 41,791,000 46,334,000 41,181,000 The Orchard - CWJ 2 36,000 1,204 918 13 24,607,000 35,036,000 39,464,000 40,737,000 46,659,000 The Residence - CWJ 2 14,000 500 - - 26,762,000 35,602,000 43,564,000 45,042,000 45,042,000 Office Tower - CWJ 2 28,000 7,526 153 1 22,440,000 22,648,000 22,648,000 49,474,000 48,000,000 The Newton - CWJ 2 Extension 15,800 4,865 10,935 312 - - - - 40,875,000 Amsterdam - Ciputra International 25,500 3,820 (27) (1) - - 22,407,000 24,704,000 24,370,000 San Francisco - Ciputra International 21,000 12,962 836 13 - - 22,992,000 26,540,000 27,291,000 Office Tower 3 - Ciputra International 34,000 20,036 1,943 53 - - 23,124,000 35,142,000 28,652,000 Office Tower 2 - Ciputra International 19,500 7,464 12,036 1 - - - - 18,731,000
Surabaya Skyloft SOHO - CWS 20,781 131 (131) (1) 19,656,000 23,661,000 27,958,000 27,961,000 30,732,000 Vieloft SOHO - CWS 40,298 29,146 6,181 57 - - - 25,414,000 26,415,000 Voila Apartment - CWS 35,801 4,300 3,398 18 22,326,000 26,839,000 28,757,000 30,545,000 26,959,000 Office Tower - CWS 40,298 16,062 815 7 - - - 26,673,000 26,197,000 Cornell Apartment - CitraLand 10,389 251 10,138 347 - - - - 17,550,000 Cornell SOHO - CitraLand 3,519 191 3,328 61 - - - - 17,691,000 Denver Apartment - CitraLand 14,403 4,226 10,177 325 - - - - 19,195,000 Denver SOHO - CitraLand 4,385 469 3,916 66 - - - - 19,636,000
Makassar Tower B - Vida View Apartment 24,640 17,524 652 19 - - - 16,022,000 16,961,000
Total 597,396 71,655 1,414 - - - - -
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 11
Project Portfolio Project Map – Greater Jakarta
CITRA TOWERS KEMAYORAN
CIPUTRA INTERNATIONAL
CITRA MAJA RAYA
CITRA LAKE
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 14 Township and Residential Projects
CitraGarden City Jakarta Location Kalideres, West Jakarta Launch 1984 Development plan 444 ha Developed area 363 ha Market segment Middle to high class Unit sold 10,284 units Others Our first and largest residential project in West Jakarta, near Soekarno – Hatta airport
CitraLake Suites Jakarta Location Citra 6, CitraGarden City Jakarta Launch September 2014 Development plan 1.25 ha Market segment Middle up Unit sold 128 units Others Development will consist of 4 apartment towers, with gross floor area (GFA) of 41,488 sqm and a total of 476 units. A joint venture project with Mitsui Fudosan Residential
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 15 Township and Residential Projects
CitraTowers Kemayoran Jakarta Location Kemayoran, North Jakarta Launch November 2014 Development plan 1.8 ha Market segment Middle-up segment Unit sold 265 units (24,913 sqm) Others A joint operation project. Development will consist 2 towers of office, with semi- gross area of 37,955 for each tower and retail podium area of 10,784 sqm
CitraIndah Jonggol Location Jonggol, South of Jakarta Launch 1997 Development plan 550 ha Developed area 483 ha Market segment Middle low Unit sold 22,859 units Others City of Nature, offering a beautiful and refreshing environment to the residents
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 16 Township and Residential Projects
CitraRaya Tangerang Location Tangerang, West of Jakarta Launch 1994 Development plan 2,760 ha Developed area 821 ha Market segment Middle low to middle high Unit sold 27,208 units Others Our largest township development in terms of land bank
CitraLake Sawangan Depok Location Sawangan, Depok Launch June 2013 Development plan 12.4 ha Developed area 7 ha Market segment Middle and middle-up Unit sold 354 units Others A joint operation project
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 17 Township and Residential Projects
CitraLand Surabaya Location West Surabaya Launch 1993 Development plan 1,700 ha Developed area 716 ha Market segment Middle-up Unit sold 16,207 units Others Our largest township development in Surabaya
CitraLand The Green Lake Surabaya Location Surabaya, East Java Launch July 2013 Development plan 40 ha Developed area 8 ha Market segment Middle and middle-up Unit sold 365 units Others A joint operation project
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 18 Township and Residential Projects
CitraHarmoni Sidoarjo Location Sidoarjo, South of Surabaya Launch 1997 Development plan 125 ha Developed area 63 ha Market segment Middle income Unit sold 2,773 units Others -
CitraGarden Sidoarjo Location Sidoarjo, South of Surabaya Launch August 2005 Development plan 26 ha Developed area 26 ha Market segment Middle income Unit sold 1,325 units Others A joint venture project
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 19 Township and Residential Projects
CitraIndah Sidoarjo Location Sidoarjo, South of Surabaya Launch April 2010 Development plan 2 ha Developed area 2 ha Market segment Middle to middle-up Unit sold 82 units Others A joint operation project
The Taman Dayu Pandaan Location Pandaan, South of Surabaya Launch August 2005 (relaunched) Development plan 600 ha Developed area 253 ha Market segment Middle income Unit sold 1,225 units Others A residential cum resort development, a joint operation project
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 20 Township and Residential Projects
CitraSun Garden Semarang Location Semarang, Central Java Launch January 2011 Development plan 17 ha Developed area 11 ha Market segment Middle to middle-up Unit sold 199 units Others A joint operation project
CitraGrand Semarang Location Semarang, Central Java Launch September 2012 Development plan 55 ha Developed area 7 ha Market segment Middle and middle-up Unit sold 384 units Others A joint operation project
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 21 Township and Residential Projects
CitraLand Bukit Semarang Baru (BSB) City Semarang Location Semarang, Central Java Launch February 2013 Development plan 100 ha Developed area 7 ha Market segment Middle and middle-up Unit sold 710 units Others A joint operation project
CitraGreen Dago Bandung Location Dago Atas, North of Bandung Pre-launch August 2010 Development plan 70 ha Developed area 6 ha Market segment Middle-up Unit sold 59 units Others A joint operation project
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 22 Township and Residential Projects
CitraSun Garden Yogyakarta Location Yogyakarta, DI Yogyakarta Launch January 2012 Development plan 5.7 ha Developed area 5 ha Market segment Middle-up Unit sold 147 units Others A joint operation project
CitraGrand Mutiara Yogyakarta Location Yogyakarta, DI Yogyakarta Launch August 2012 Development plan 9.3 ha Developed area 8 ha Market segment Middle and middle-up Unit sold 321 units Others A joint operation project
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 23 Township and Residential Projects
CitraGarden Pekalongan Location Pekalongan, Central Java Launch June 2011 Development plan 11 ha Developed area 10 ha Market segment Middle-up Unit sold 196 units Others A joint operation project
CitraLand Tegal Location Tegal, Central Java Launch December 2011 Development plan 10 ha Developed area 6 ha Market segment Middle-up Unit sold 253 units Others A joint venture project
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 24 Township and Residential Projects
CitraGarden Bumi Mutiara Wanayasa (BMW) Cilegon Location Cilegon, West Java Launch July 2013 Development plan 47.1 ha Developed area 10 ha Market segment Middle to middle high Unit sold 433 units Others A joint operation project
CitraLand Cirebon Location Cirebon, West Java Launch November 2013 Development plan 45 ha Developed area 4 ha Market segment Middle and middle-up Unit sold 484 units Others A joint operation project
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 25 Township and Residential Projects
CitraLand Puri Serang Location Serang, Banten, West Java Launch November 2014 Development plan 43 ha Developed area 6 ha Market segment Middle-up Unit sold 580 units Others A joint operation project
CitraMaja Raya Banten Location Lebak, Banten, West Java Launch November 2014 Development plan 430 ha Developed area 60 ha Market segment Middle and middle-low Unit sold 9,216 units Others A joint operation project
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 26 Township and Residential Projects
CitraGarden City Malang Location Malang, East Java Launch October 2015 Development plan 100 ha Development area 7 ha Market segment Middle-up segment Unit sold 377 units Others A joint operation project. First phase will be development of 50 ha area for residential
CitraGrand City Palembang Location Palembang, South Sumatra Launch August 2008 Development plan 165 ha Developed area 26 ha Market segment Middle to high class Unit sold 1,284 units Others A joint operation project
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 27 Township and Residential Projects
CitraGarden Lampung Location Bandar Lampung, South of Sumatra Launch February 2005 Development plan 57 ha Developed area 56 ha Market segment Middle to middle-up Unit sold 1,401 units Others Our first project in Sumatra
CitraLand Lampung Location Teluk Betung, Lampung Launch May 2016 Development plan 32 ha Market segment Middle to high class Unit sold 182 units Others -
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 28 Township and Residential Projects
CitraLand NGK Jambi Location Kota Baru Jambi, South West of Jambi Launch January 2011 Development plan 35 ha Developed area 12 ha Market segment Middle and middle-up Unit sold 259 units Others A joint venture project
CitraRaya City Jambi Location Jambi Launch November 2012 Development plan 611 ha Developed area 29 ha Market segment Middle to middle high Unit sold 1,645 units Others A joint operation project
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 29 Township and Residential Projects
CitraLand Pekan Baru Location Pekan Baru, Riau Launch February 2011 Development plan 20 ha Developed area 12 ha Market segment Middle-up Unit sold 338 units Others A joint venture project
CitraGarden Pekan Baru Location Pekan Baru, Riau Launch July 2012 Development plan 20 ha Developed area 3 ha Market segment Middle income Unit sold 144 units Others A joint operation project
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 30 Township and Residential Projects
CitraLand Megah Batam Location Batam, Riau Launch July 2013 Development plan 19 ha Developed area 3 ha Market segment High-end Unit sold 59 units Others A joint operation project
Citra AeroLink Batam Location Batam, Riau Launch June 2016 Development plan 21 ha Market segment Middle-up class Unit sold 7 units Others A joint operation project. A commercial industrial mixed-use development, with 60% area for logistic warehousing or light industrial
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 31 Township and Residential Projects
CitraLand Botanical City Pangkal Pinang Location Pangkal Pinang, Bangka Belitung Launch May 2012 Development plan 57 ha Developed area 7 ha Market segment Middle-up Unit sold 335 units Others A joint operation project
CitraLand Bagya City Medan Location Medan, North Sumatra Launch February 2013 Development plan 63 ha Developed area 30 ha Market segment Middle and middle-up Unit sold 1,086 units Others A joint operation project
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 32 Township and Residential Projects
Citra BukitIndah Balikpapan Location Balikpapan, East Kalimantan Launch May 2008 Development plan 21 ha Developed area 13 ha Market segment Middle-up Unit sold 311 units Others A joint operation project
CitraCity Balikpapan Location Balikpapan, East Kalimantan Launch November 2013 Development plan 9.3 ha Developed area 1 ha Market segment High-end Unit sold 29 units Others A joint operation project
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 33 Township and Residential Projects
CitraGarden Banjarmasin Location Banjarmasin, South Kalimantan Launch September 2005 Development plan 10 ha Developed area 10 ha Market segment Middle-up Unit sold 241 units Others Our first project in Kalimantan. A joint operation project
CitraLand Banjarmasin Location Banjarmasin, South Kalimantan Launch November 2009 Development plan 40 ha Developed area 30 ha Market segment Middle income Unit sold 920 units Others Extension of CitraGarden Banjarmasin. A joint operation project
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 34 Township and Residential Projects
BizPark Commercial Estate Banjarmasin
Location Banjarmasin, South Kalimantan Launch December 2011 Development plan 87 ha Developed area 30 ha Unit sold 87 units Others A joint venture project
CitraMitra City Banjarbaru Location Banjarbaru, South Kalimantan Launch July 2013 Development plan 172 ha Developed area 15 ha Market segment Middle class Unit sold 438 units Others A joint operation project
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 35 Township and Residential Projects
CitraLand City Samarinda Location Samarinda, East Kalimantan Launch June 2007 Development plan 93 ha Developed area 56 ha Market segment Middle-up Unit sold 796 units Others A joint operation project
CitraGrand Senyiur City Samarinda Location Samarinda, East Kalimantan Launch May 2014 Development plan 397.4 ha Developed area 2 ha Market segment Middle and middle-up Unit sold 428 units Others A joint operation project Development will consist of residential, commercial and mixed-use (office tower and life style complex)
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 36 Township and Residential Projects
CitraGarden City Samarinda Location Samarinda, East Kalimantan Launch October 2016 Development plan 100 ha Market segment Middle-up segment Unit sold 46 units Others A joint operation project. An integrated residential development that creates harmony life and dynamic as well modern lifestyle
CitraGarden Aneka Pontianak Location Pontianak, West Kalimantan Launch September 2014 Development plan 27 ha Developed area 1 ha Market segment Middle-up Unit sold 106 units Others A joint operation project
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 37 Township and Residential Projects
CitraLand Celebes Makassar Location Makassar, South Sulawesi Launch March 2009 Development plan 30 ha Developed area 26 ha Market segment Middle-up Unit sold 796 units Others Our first project in Sulawesi. A joint operation project
CitraGarden Makassar Location Makassar, South Sulawesi Launch May 2010 Development plan 15 ha Developed area 12 ha Market segment Middle income Unit sold 877 units Others Extension of CitraLand Celebes. A joint operation project
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 38 Township and Residential Projects
Vida View Apartment Makassar Location Makassar, South Sulawesi Pre-launch December 2012 Development plan 1.2 ha Market segment Middle income Unit sold 1,078 units Others A joint operation project
CitraGrand Galesong City Gowa Location Makassar, South Sulawesi Launch November 2013 Development plan 500 ha Developed area 11 ha Market segment Middle-up Unit sold 296 units Others A joint operation project
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 39 Township and Residential Projects
CitraLand City Losari Makassar Location Makassar, South Sulawesi Launch October 2015 Development plan 157 ha Market segment High-end Unit sold 184 units Others A joint operation project The first reclamation project
CitraLand Kendari Location Kendari, South East Sulawesi Launch March 2011 Development plan 15 ha Developed area 8 ha Market segment Middle and middle-up Unit sold 318 units Others A joint operation project. To become a lifestyle center in Kendari
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 40 Township and Residential Projects
CitraLand Palu Location Palu, Central Sulawesi Launch August 2012 Development plan 16.7 ha Developed area 5 ha Market segment Middle-up Unit sold 147 units Others A joint operation project.
CitraLand Denpasar Location Denpasar, Bali Launch August 2011 Development plan 18 ha Developed area 7 ha Market segment Middle and middle-up Unit sold 249 units Others A joint operation project
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 41 Commercial Property Projects
Ciputra Mall & Hotel Jakarta Location : Grogol, West Jakarta Total area : 4.1 ha
Shopping mall • Start operation : 1993 • Gross/ net area : 76,000 sqm/ 43,115 sqm • Occupancy rate/ ARR : 95%/ USD 25.53 (IDR 179,000)
Hotel • Start operation : 1993 • Grade star : 4-star • Operator : Swiss-Belhotel International • Total room/ unit : 336 • Occupancy rate/ ARR : 49%/ IDR 802,000
Somerset Grand Citra Jakarta
Location : Jakarta CBD Total area : 1.1 ha
• Start operation : 1995 • Operator : The Ascott Group • Total room/unit : 203 • Occupancy rate : 86% • Average Room Rate : USD 81 per night or USD 19/sqm per month • Others : -
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 42 Commercial Property Projects
Ciputra World Jakarta (CWJ)
CTRP is currently developing several super block and mixed-use developments in Jakarta’s CBD. The developments take place at Jl. Satrio Lot 3-5, Lot 11 and Lot 6. Total development area is around 12 ha.
Currently, CTRP is undertaking the construction of CWJ I and CWJ 2 located on Lot 3-5 and Lot 11, respectively.
Lot 6 Lot Lot 3 - 5 Lot 6 Lot 11 11
A super block development A mixed-use development A mixed-use development Lot that comprises world class that will comprise apart- that will comprise a condo- 3-5 shopping mall, condominium ment, office and hotel. minium tower, a condomi- strata title, Ascott serviced nium and serviced apart- apartment, premium resi- ment tower (managed by dences and hotel (managed Frasers Hospitality), an by Raffles Singapore), office office tower and W hotel towers, art museum and and The Suites residence theater. tower.
Jakarta CBD Area
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 43 Commercial Property Projects
Ciputra World Jakarta 1 Raffles Tower Total area : 5.5 ha DBS Bank Office Tower Investment cost : IDR 3.9 trillion Construction start : 2008
Shopping mall • Gross/ net area : 122,000 sqm/ 77,351 sqm • Start operation : June 2013 • Tenant : Lotte Retail Group
Condominium : 136 units* (115-170 sqm) MyHome • Gross/ net area : 53,000 sqm/ 39,000 sqm^ • Selling price : from USD 1,900/ sqm Apartment • Completion : 4Q 2015
Serviced apartment : 185 units
• Start operation : 4Q 2014 • Managed by : The Ascott Group
st Ascott Serviced- Office building 1 Tower 2nd Tower • Semi gross area : 64,280 sqm 61,300 sqm Apartment • Strata title area : 19,284 sqm” 18,300 sqm”” • Leased area : 44,996 sqm 43,000 sqm • Selling price : fr USD 3,200 /sqm fr IDR 43 mio /sqm Lotte Shopping • ARR : fr USD 16/sqm/month - • Start operation : 2Q 2013 -
Avenue Premium residence : 88 units** • Selling price : from USD 3,200/sqm
Hotel : 173 rooms • Start operation : 1Q 2015 nd 2 Office Tower • Managed by : Raffles ^ Including the area of serviced apartment * By end of Apr 2017, all units have been sold out ** By end of Apr 2017, 75 units (85%) have been sold “ By end of Apr 2017, 18,263 sqm (95%) have been sold “” By end of Apr 2017, 1,196 sqm (7%) have been sold
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 44 Commercial Property Projects
Under construction Ciputra World Jakarta 2 Total area : 3.2 ha Investment : IDR 3.5 trillion Construction start : 2012
The Orchard : 349 units* (56-110 sqm) • Gross area : 42,000 sqm (45 stories) • Selling price : Start from IDR 27 mio/sqm • Completion : 1Q 2017 Fraser Suites Serviced Apartment
• Gross area : 49,000 sqm (41 stories)^ • No. of unit : 210 units • Start operation : 4Q 2016 • Managed by : Fraser Suites
The Residence : 117 units** (100-150 sqm) • Gross area : - • Selling price : from IDR 28 mio/sqm • Completion : 1Q 2017
Office building • Gross area : 68,000 sqm (45 stories) • Strata title area : 28,000 sqm (20 stories)*** • Selling price : from IDR 22 mio/sqm • Completion : 4Q 2016
W Hotel : 228 rooms
The Suites Residence : 120 units • Managed by : W, Starwood Hotels
^ Including the area of The Residence • By end of Apr 2017, 344 units (99%) have been sold ** By end of Apr 2017, 114 units (97%) have been sold *** By end of Apr 2017, 20,661 sqm (74%) has been sold
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 45 Commercial Property Projects
Ciputra International Jakarta Location : Puri Indah, Jakarta Development plan : 7.5 ha Construction start : 4Q 2014
Unit sold : 350 units of 412 units (85%) apartment – Amsterdam Tower 136 units of 335 units (41%) apartment – San Francisco Tower 14,478 sqm office Tower 3 12,036 sqm office Tower 2
Others : A joint venture project. This mixed-use development will consist of 6 office towers, 3 apartment towers, a five-star hotel and a lifestyle center. First phase consists of the development of 2 apartment towers and 1 office tower, which will be completed in 2018
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 46 Commercial Property Projects
Ciputra World Jakarta 2 - Extension Jakarta Location : Jakarta CBD Development plan : 2 ha Construction start : 2017
Unit sold : 401 units
Others : The project will consist of 2 apartment towers. For the first phase, 1 tower apartment (The Newton), which consists of strata-title units and a serviced apartment, has offered 449 units for sale with unit sizes of 25 sqm (studio type), 44 sqm (1-bedroom) and 63 sqm (2-bedroom) :
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 47 Commercial Property Projects
Ciputra Hospital Tangerang
Location : CitraRaya Tangerang, West of Jakarta Start operation : 1 November 2011 Total area : 1.2 ha Capacity : 126 beds
Others : Our first health care project
Ciputra Hospital Jakarta
Location : CitraGarden City, Jakarta Start operation : 10 December 2015 Total area : 1.2 ha Capacity : 236 beds (total)
Others : As a referral hospital for other hospitals, medical centers and clinics.
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 48 Commercial Property Projects
Ciputra Mitra Hospital Banjarmasin
Location : CitraLand Banjarmasin, South Kalimantan Start operation : 16 November 2016 Total area : 1.5 ha Capacity : 168 beds
Others : A joint venture project with Mitra Group Our first health care project in Kalimantan
Ciputra Golf Surabaya
Location : CitraLand Surabaya Start operation : 1995 Total area : 100 ha Membership sold : 1,685 members
Others : Ciputra Golf and Family Club consists of a 27-hole golf course, club house, restaurant, meeting hall, hotel, fitness and sport center. Ciputra Golf is one of the biggest and most popular golf course in Surabaya. It often hosts many local and
international golf tournaments.
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 49 Commercial Property Projects
Vieloft SOHO Office Tower Ciputra World Surabaya Ciputra World Surabaya is CTRS’ first super block development. It is on an area of 8.5 ha and located in West Surabaya.
Phase 1 Shopping mall • Start operation : July 2011 • Gross/ net area : 90,000/ 55,682 sqm • Occupancy rate/ ARR : 96% / Rp 125,000
V2 Apartments : 413 units (28 stories; 62,523 sqm) • Size per unit : 60-170 sqm • Completion : 2012
Phase 2 Condotel : 212 units (16 stories; 16,363 sqm) • Completion : November 2014
SkyLoft SOHO : 144 units^^ (18 stories; 20,781 sqm) • Launch : 2Q 2012
Voila Apartments : 260 units^ (30 stories; 35,801 sqm) • Launch : 2Q 2012 ^ By end of Apr 2017, 230 units (88%) have been sold
^^ By end of Apr 2017, 143 units (99%) have been sold out Phase 3 Office Tower • Launch : April 2015 • Offered for sale : 23 stories; 38,500 sqm”
Vieloft SOHO : 305 units”” (24 stories; 40,298 sqm)
• Launch : September 2015
“ By end of Apr 2017, a total of 24,382 sqm (63%) has been sold “” By end of Apr 2017, a total of 110 units (12,111 sqm) have been sold
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 50 Commercial Property Projects
Ciputra Mall & Hotel Semarang Location : Simpang Lima, Semarang Total area : 1.7 ha
Shopping mall • Start operation : 1993 • Gross/ net area : 44,200 sqm/ 19,110 sqm • Occupancy rate/ ARR : 99%/ USD 30.71 (IDR 215,000)
Hotel • Start operation : 1995 • Grade star : 5-star • Operator : Swiss-Belhotel International • Total room/ unit : 199 • Occupancy rate/ ARR : 78%/ IDR 542,000
CitraDream Hotel
Location Area (sqm) Operation Occ. Rate Cirebon, West Java 1,615 July 2014 44% Semarang, Central Java 1,068 July 2014 68% Bandung, West Java 855 Dec 2014 77% Yogyakarta, Central Java 1,075 Dec 2014 54% Bintaro, Jakarta 1,140 Oct 2015 79% Banjarmasin, South Kalimantan 2,055 - - Bengkulu, Sumatra 1,892 - - Serpong, Tangerang 1,143 - -
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 51 Commercial Property Projects
The Nivata Residence
Ciputra Beach Resort Bali
Location : Tanah Lot, Bali Development plan : 36 ha
Construction start : 2014
Others : A joint venture project Second phase will be a 6-ha development of The Nivata Residence, which consists of 88 residences (for sale) and First phase is a 12-ha development of Rosewood luxurious a club house resort, which consists of 88 hotel suites, 27 hotel villas and Launched in October 2015, a total of 7,450 sqm land lot 29 residential villas (for sale) (20 units) and 9 units of residence, with total land area of Launched in December 2014, a unit villa with land area of 2,950 sqm and building area of 2,339 sqm had been sold 360 sqm and building area of 180 sqm had been sold
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 52 New Projects to be Launched in 2017
No. Projects Cooperation scheme Area (ha)
Township / Landed residential
1. CitraLand Cibubur Joint Venture 200 ha
2. CitraLand Talassa Makassar Joint Operatioan – Profit Sharing 69 ha
3. Sadana - Ciputra Beach Resort Joint Venture 4.5 ha
High-rise / Non-landed residential
1. The Newton 2 – Ciputra World Jakarta (CWJ) 2 Extension Directly Owned 23,000 sqm*
2. The Suites Apartment – CWJ 2 Directly Owned 1,300 sqm*
3. Citra Plaza Batam Joint Venture 70,000 sqm*
Note: * Semi Gross Area (SGA)
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 53
Figures & Financials Pre-Sales Residential Projects (in billion IDR)
By Location
33% 32% 29% 22% 2% 2% 2% 1% 23% 36% 2% 9,179 5% 2% 10% 14% 8,941 14% 20% 8,630 8,505 15% 10% 13% 12%
7,186 2016 2017 T APR 2017 Greater Jakarta Greater Surabaya Other Inner Java Sumatra 5,088 Sulawesi Kalimantan Bali 4,878 4,631 4,919 By Product
5,081 76% 2% 4% 76% 84% 9% 14% 2,448 2,613 3,099 15% 20% 2,879 1,618 2016 2017 T APR 2017 1,625 806 1,615 1,386 991 662 Landed residential Apartment Office 480 707 150 2013 2014 2015 2016 2017 T APR 2017 By Payment Method 45% Directly Owned JO - Profit Sharing JO - Revenue Sharing 49% projects Projects projects 15% 14% 36% 41%
2016 APR 2017
Mortgage In-house Financing Cash PT CIPUTRA DEVELOPMENT TBK – Business Presentation 56 Profit & Loss Highlights in billion IDR
Revenues Breakdown
7,514 2016 1Q 2017 6,739 6,340
60.3% 50.8%
5,077
7.6% 7.2% 13.5% 3,729 6.7% 9.4% 11.7% 3,330 3,290 11.0% 14.6% 4.0% 3.1% 2,546 2,148 2,165 Landed residential Condominium Office Mall Hotel Others 1,709 1,501 1,271
604 300 Gross Profit Margin EBT Margin
2013 2014 2015 2016 1Q 2017 53% 50% 50% 49% 48% 34% 34% 29% Revenues Gross Profit Earnings Before Tax (EBT) 22% 24%
2013 2014 2015 2016 1Q 2017 2013 2014 2015 2016 1Q 2017
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 57 Financial Highlights in billion IDR
BALANCE SHEET 1Q 2017 2016 2015 2014 2013 Assets 29,146.90 29,072.25 26,258.72 23,538.72 20,245.53 Cash & cash equivalent 3,325.10 3,467.59 3,034.14 2,888.57 3,465.10 Land 10,332.18 10,016.09 9,229.34 7,765.36 6,679.70 Others 15,489.63 15,588.58 13,995.24 12,884.78 10,100.73 Liabilities 14,661.38 14,774.32 13,208.51 11,886.28 10,368.83 Debts 6,312.08 6,661.82 5,277.28 4,020.91 2,728.07 Advances from customers 6,107.86 5,770.33 5,731.64 5,871.38 5,927.11 Others 2,241.44 2,342.18 2,199.58 1,993.99 1,713.65 Minority interests 1,667.28 5,120.45 4,645.99 4,004.33 3,385.48 Equity – net 12,818.24 9,177.48 8,404.23 7,648.10 6,491.22
PROFIT & LOSS 1Q 2017 2016 2015 2014 2013 Revenues 1,270.83 6,739.32 7,514.29 6,340.24 5,077.06 Net sales 869.04 5,064.47 6,134.30 5,220.04 4,239.68 Business revenues 401.79 1,674.85 1,379.98 1,120.20 837.38 Gross profit 603.84 3,289.70 3,728.71 3,329.69 2,546.47 Earnings before tax 299.71 1,500.85 2,164.68 2,147.69 1,709.49 Net profit 216.42 861.76 1,283.69 1,325.02 976.71
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 58 Appendices Indonesia’s Macro Economic Outlook
ECONOMIC INDICATORS 2013 2014 2015 2016 1Q 2017 Economic growth 5.78% 5.10% 4.76% 5.02% 5.02% Inflation rate 8.38% 8.36% 3.35% 3.02% 3.61% BI rate / BI 7-day Reserve RR 7.50% 7.75% 7.50% 6.50% 4.75% Exchange rate (USD/IDR) 12,270 12,436 13,794 13,436 13,321 International reserves (in bio USD) 99.38 111.86 105.93 116.36 121.81 Source: BPS & BI
IDX INDICATORS 2013 2014 2015 2016 1Q 2017 IDX composite index 4,274 5,227 4,593 5,297 5,568
Market cap (in bio IDR) 4,219,020 5,228,043 4,873,000 5,754,000 6,055,000 Source: IDX
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 60 Share Price (updated May 2017)
1,200.00 30.00 (-2.44%) 05 May 04.12 PM WIB Market closed
Source: Yahoo Finance PT CIPUTRA DEVELOPMENT TBK – Business Presentation 61 Management
Board of Commissioners Board of Directors
DR. Ir. Ciputra Dian Sumeler Rina Ciputra S. Junita Ciputra Candra Ciputra Cakra Ciputra Budiarsa Sastrawinata Harun Hajadi Chairman President
Sandra Hendharto Kodradi Henk Wangitan Thomas Bambang Agussurja Widjaja MI Meiko Handojo Sutoto Yakobus Nanik J. Santoso Independent member Independent member Independent member
Artadinata Djangkar Bing Sugiarto C. Tanan H. Antonius Tulus Santoso Corporate Secretary
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 62 Awards
2016 2015
Corporate Image Award 2016: Bisnis Indonesia Award 2015: Property Indonesia The Best in Building and Emiten Terbaik Sektor Properti Award 2015: Managing Corporate Image dan Real Estat The Most Reputable Category: Housing Developer Developer
Corporate Image Award 2015: Property Indonesia Award The Best in Building and 2016: Managing Corporate Image Golden Property The Best Developer in Category: Housing Developer Award 2015: Business Expansion Top 5 Public Listed Companies
BTN Property Award 2015: Kategori: Kemitraan Pengembang Prima Indonesia Digital Popular Brand Award 2016: Kategoi: Developer Perumahan
BCI Asia Award 2015: Top 10 Developers
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 63 Investor Relations
Corporate Secretary PT CIPUTRA DEVELOPMENT TBK
Ciputra World 1 DBS Bank Tower 39th Floor Jl. Prof. DR. Satrio Kav. 3-5 Jakarta 12940 - INDONESIA Phone : +62 21 29885858 / 6868 Fax : +62 21 29888787 Email : [email protected] Website : www.ciputradevelopment.com
Disclaimer Clause: This presentation may contain forward-looking statements and assumptions that involve risks and uncertainties. Therefore, actual performance, outcomes and results may differ materially from those expressed in the statements. You are advised and cautioned not to place undue reliance on these statements, which are based on current view of management on future events.
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 64 Notes
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 65 Notes
PT CIPUTRA DEVELOPMENT TBK – Business Presentation 66
@ PT Ciputra Development Tbk