Astra Property

Name

Astra Property

Legal name

PT Menara Astra

Website

https://astraproperty.co.id

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

New Housing For-Sale Builders (236117)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Operative Builders (1531)

akta.pro primary industry

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

Keywords

• Residential property development
• Commercial real estate
• Industrial logistics
• Integrated property developer
• Sustainable property

Headquarters

HQ city

Jakarta

HQ country

Indonesia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Infrastructure, Technology or R&D, Supply Chain

Revenue model

1. Residential Property Sales: Revenue from selling landed houses, apartments, and extended service residences. Property types include Asya township units, Ammaia Ecoforest, Anandamaya Residences, Arumaya Residences, and LIVNG.
2. Commercial Property: Revenue from office buildings (Menara Astra, The Arumaya), coworking spaces (Astralabs), retail areas (Resta Pendopo KM 456, Asya Genova), and hotels (Mandarin Oriental Jakarta).
3. Industrial & Logistics: Revenue from logistics properties including Cikarang Logistics Park 1, Cikarang Logistics Park 2, and Mega Manunggal Property warehouses. MMP manages more than 10 logistics assets across Greater Jakarta and East Java.
4. Rental Income: Revenue from rental properties including Arumaya Residences apartments for rent, Anandamaya Residences units, and premium rental living managed through Kozystay partnership.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Astra Property is an integrated property developer in Indonesia operating across residential (landed houses, apartments, hotels, extended services), commercial (office buildings, coworking spaces, retail areas), and industrial/logistics (warehouses, logistics parks) segments. The company develops, sells, leases, and manages properties under multiple brands including Asya, Ammaia Ecoforest, ALTÉA BLVD, Anandamaya Residences, Arumaya Residences, Menara Astra, The Arumaya, Mandarin Oriental Jakarta, and Mega Manunggal Property (MMP).

Product overview

Astra Property is an integrated property developer operating across residential, commercial, and industrial & logistics infrastructure portfolios in Indonesia. The residential segment includes landed houses (Asya, Ammaia Ecoforest, ALTÉA BLVD), apartments (Anandamaya Residences, Arumaya Residences), extended services (LIVNG), and the Mandarin Oriental Jakarta hotel. The commercial segment encompasses office buildings (Menara Astra, The Arumaya), coworking spaces (Astralabs), and retail areas (Resta Pendopo KM 456, Asya Genova). The industrial & logistics segment includes logistics facilities through the joint venture LOGOS (Astra Land Logos Indonesia), Cikarang Logistics Parks 1 and 2, and Mega Manunggal Property (MMP). Astra Property also offers property finder services and digitalization initiatives.

Differentiator

Problem solved

Functional benefit

Brands

• Asya: Premium township with lake in East Jakarta featuring landed houses with multiple unit types
• Ammaia Ecoforest
• ALTÉA BLVD
• Anandamaya Residences
• Arumaya Residences
• LIVNG
• Menara Astra
• The Arumaya
• Astralabs
• Resta Pendopo KM 456
• Asya Genova
• Mandarin Oriental Jakarta
• Cikarang Logistics Park
• Mega Manunggal Property (MMP)

Products and services

• Asya Premium township development in East Jakarta featuring landed houses around a 15-hectare lake, offering distinctive lake-view living in a rapidly developing area.
• Ammaia Ecoforest Visionary sustainable township project in Tangerang that harmonizes resident wellbeing with natural ecosystem restoration and preservation, featuring Water Sensitive Urban Design for sustainable water management.
• ALTÉA BLVD Sustainable residential neighborhood in South Jakarta with Greenship Platinum certification, developed through joint venture with Sinar Mas Land.
• Anandamaya Residences Luxurious residential development at Jalan Jendral Sudirman, Central Jakarta, with dual road access and proximity to MRT station. Landscape designed by Bill Bensley, combining traditional design with modern aesthetics for multi-generational living.
• Arumaya Residences Exclusive apartment and garden villa development in T.B. Simatupang area, South Jakarta's main business district, offering integrated work-life-play with premium facilities.
• Mandarin Oriental Jakarta Luxury hotel in Central Jakarta's financial and diplomatic district, offering boutique atmosphere with intimacy, security, health and safety protocols, and personalized Indonesian hospitality.
• LIVNG Extended service offering within Astra Property's residential portfolio, providing additional lifestyle services for residents.
• Menara Astra Premium office building at the heart of Jakarta, located within a mixed-use development with residential and retail facilities, in direct proximity to MRT, Transjakarta Bus Rapid Transit, and Commuter Electric Train.
• The Arumaya All-in-one mixed-use development integrating 3 towers with living, working, and relaxing spaces, built on 25,411 sqm land with two office towers, retail podium, and Arumaya Residences.
• Astralabs Coworking space offering within Astra Property's commercial portfolio, providing flexible workspace solutions.
• Resta Pendopo KM 456 Rest area and service facility along the Trans Java toll road, offering complete facilities, attractive scenery, and shopping alternatives for motorists and surrounding communities.
• Asya Genova Waterfront commercial area combining modern lifestyle with natural settings, offering lavish lifestyle experience with contemporary amenities.
• Cikarang Logistics Park 1 Modern logistics facility in the Cikarang area, supporting logistics, FMCG, e-commerce, retail, and manufacturing businesses.
• Cikarang Logistics Park 2 Modern logistics facility in the Cikarang area, part of Astra Property's industrial and logistics infrastructure portfolio.
• Mega Manunggal Property (MMP) Modern warehouse developer managing more than 10 logistics assets across strategic locations including Greater Jakarta and East Java, delivering adaptive warehousing solutions for various industries.
• digudang Personal storage solution for urban homes in Jakarta, leveraging advanced technology and top-tier security to address storage space shortages in urban areas.

Quantifiable outcome

• Gold Greenship Neighborhood certification achieved for Asya by GBCI
• +3 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Six partnerships are on record, tiered core and minor.

• Kozystay (PT Kozy Properti Manajemen Internasional)coreChannel Partner/ Reseller/ Distributor · 22 April 2026Astra Property, through PT Astra Land Indonesia, partnered with Kozystay to manage and operate premium rental units at Arumaya Residences in South Jakarta. This partnership provides premium rental living solutions and serviced apartment options for extended stays, leveraging Kozystay's expertise in premium rental management.
• Singapore Intercultural School (SIS)minorGTM or Marketing Partner · 1 January 2025Singapore Intercultural School (SIS) KG North East Jakarta opened at Asya township in East Jakarta, providing international education access for residents. This partnership enhances the live-work-play proposition of the Asya development.
• Sinar Mas LandcoreStrategic or Co-development Partner · 1 January 2024Astra Land Indonesia (ALI) partnered with Sinar Mas Land through joint venture company PT Ruby Karya Sejahtera to develop Altea BLVD, a new residential brand in BSD area. The partnership brings together two of Indonesia's largest property developers for large-scale sustainable residential development.
• DBL IndonesiaminorGTM or Marketing Partner · 1 January 2024DBL Academy, a 3,300 square meter sports facility, opened at Asya township in collaboration with Astra Land Indonesia to support healthy lifestyles and sustainable community development in East Jakarta.
• LOGOScoreStrategic or Co-development Partner · 1 January 2023Astra Property and Hongkong Land through Astra Land Indonesia partnered with LOGOS to develop modern logistics facilities in Indonesia, with initial focus on the Greater Jakarta area. Astra Land Logos Indonesia manages logistics assets including Cikarang Logistics Parks and the Cibinong Logistics Hub.
• Hongkong LandcoreStrategic or Co-development Partner · 1 January 2016Astra Property and Hongkong Land formed a 50/50 joint venture company, PT Astra Land Indonesia (ALI), for integrated property development in Indonesia. This partnership combines Astra's local market expertise with Hongkong Land's international standards, focusing on premium residential, commercial, and mixed-use developments including Ammaia Ecoforest.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Sinar Mas Land: One of Indonesia's largest property developers with extensive residential townships, commercial developments, and industrial estates. Direct comparison: Astra Property's JV partner in ALTÉA BLVD, operating across the same residential, commercial, and industrial segments in Greater Jakarta and BSD area.
• Summarecon Agung: Major Indonesian property developer known for large-scale integrated township developments (Serpong, Bekasi, Kelapa Gading) and commercial properties. Direct comparison: similar integrated residential-commercial property model targeting middle-to-upper segment in Greater Jakarta.
• Ciputra Development: One of Indonesia's largest publicly-listed property developers with broad residential, commercial, and mixed-use portfolio nationwide. Direct comparison: similar integrated property developer model in Indonesia with extensive residential townships and commercial assets.
• Lippo Group / Lippo E-Net: Major Indonesian conglomerate with large property arm developing townships, apartments, retail (Lippo Mall), and healthcare-adjacent real estate. Direct comparison: integrated diversified developer in Indonesia with similar scale of residential, commercial, and mixed-use portfolio.
• Agung Podomoro Land: Major Indonesian developer focused on premium apartments, mixed-use, and office properties in central Jakarta. Direct comparison: directly competes in central Jakarta premium residential and Grade A office market with similar product positioning.
• Alam Sutera Realty: Indonesian developer of Alam Sutera township (Tangerang, near Astra Property's Ammaia Ecoforest) with residential, commercial, and industrial portfolio. Direct comparison: comparable integrated property model in Greater Jakarta with similar submarket focus in Tangerang.
• Pakuwon Jati: Indonesian developer with mixed-use developments and shopping malls (Pakuwon Mall) in Surabaya and Jakarta. Direct comparison: integrated residential, commercial, and retail property developer with similar market positioning.
• Hongkong Land: Hong Kong-based premier property investment and development group; Astra Property's 50/50 JV partner in PT Astra Land Indonesia. Direct comparison: direct JV partner in residential and mixed-use developments in Indonesia and brings international premium standards.
• LOGOS Property: Asia-Pacific logistics real estate specialist; Astra Property's JV partner in Astra Land Logos Indonesia. Direct comparison: direct JV partner managing modern logistics warehouses (Cikarang Logistics Parks) in Greater Jakarta.
• Intiland Development: Indonesian property developer with residential townships (Pantai Mutiara, Graha Famili) and commercial properties in Greater Jakarta and Surabaya. Direct comparison: comparable Indonesian residential and commercial developer with premium product positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/pt-menara-astra
• Instagraminstagram.com/astraproperty.career
• Facebookfacebook.com/astraproperty

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Astra Property