Mulia Group

What Mulia Group does

Mulia Group is a Jakarta-headquartered, privately held Indonesian commercial property company founded in 1982. The firm develops, markets, and manages commercial real estate, with a stated operational emphasis on innovative design and efficient space planning. It operates with a workforce in the 1,001–5,000 employee range and serves as an integrated player across the commercial real estate value chain — spanning new development, go-to-market/lease-up, and ongoing asset management. The firm's customer base would, by sector convention, consist of commercial tenants, corporate occupiers, and property buyers in Indonesia, though no specific customer, tenant, or partner names are disclosed in the available data.

The company's business model is grounded in the standard economics of commercial real estate: revenue is generated through a combination of property development sales, recurring rental income from owned or managed assets, and asset/facility management fees. As a privately held, for-profit entity, Mulia Group does not disclose financial results, ownership structure, or capital base. The firm maintains a corporate website at mulialand.com, but the site currently renders only a generic loading/verification page and provides no portfolio, leadership, geographic, or financial disclosure.

The available source material is unusually thin for a company of Mulia Group's size and tenure. No management roster, board composition, product portfolio detail, customer segments, technology stack, partnerships, funding history, M&A activity, or geographic footprint beyond Jakarta is documented. The 40+ year continuous operating history and mid-to-large headcount imply an established enterprise, but the complete absence of operating, financial, and strategic data in the input set represents a material due diligence gap.

Name

Mulia Group

Website

https://mulialand.com

Company type

Private

Founded year

1982

Headcount range

1,001–5,000 employees

Short description

Mulia Group is a privately held Indonesian commercial real estate company founded in 1982 and headquartered in Jakarta, developing, marketing, and managing commercial properties with 1,001–5,000 employees.

Ownership category

akta.pro rank

Product category

Commercial Real Estate

NAICS

Real Estate Property Managers (53131)

SIC

Operators Of Nonresidential Buildings (6512), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Real Estate Development Asset Management (Project/Construction-to-Stabilization) (BPAJAMAL)

akta.pro secondary industry

Mixed-Use Property Management (BPAJAGAE)

Keywords

• Commercial real estate
• Property development
• Property management
• Commercial properties
• Real estate marketing

Headquarters

HQ city

Jakarta

HQ country

Indonesia

HQ region

Asia

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure

Core offering

Mulia Group develops, markets, and manages commercial properties. The company's work emphasizes innovative design and efficient space planning in its real estate portfolio, operating from Jakarta, Indonesia.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Property Development
• Commercial Property Marketing
• Commercial Property Management

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves2 records

Expansion highlights3 records

Direct peers

• Agung Podomoro Land: Jakarta-focused developer with a portfolio of high-rise mixed-use, office, and retail projects. Closely comparable to Mulia Group on product type and Jakarta-centric commercial exposure.
• Summarecon Agung: Listed Indonesian developer with integrated townships and commercial centers, including major Jakarta-area retail and office assets. Direct comparable in product mix and Indonesian commercial property positioning.
• Sinar Mas Land: One of Indonesia's largest integrated property developers, with significant commercial and mixed-use projects in and around Jakarta. Highly comparable to Mulia Group on geography, product type, and vertical integration across develop–market–manage.
• Lippo Group (Lippo E-Net / Siloam / Lippo Malls): Large Indonesian conglomerate with a substantial commercial real estate arm (offices, malls, mixed-use) in Jakarta and across Indonesia. Comparable as a diversified Indonesian property group with develop–operate capabilities.
• Ciputra Group: Long-established Indonesian developer-developer with a sizeable commercial and mixed-use portfolio in Jakarta and other major cities. Comparable to Mulia Group on tenure, scale, and breadth of commercial activity.
• Jaya Real Property (Jaya Ancol / Metropolitan Development): Jakarta-based listed property developer active in commercial, residential, and integrated developments. Comparable to Mulia Group on Jakarta-centric commercial real estate activity.

Broad incumbents

• Cushman & Wakefield: Global commercial real estate services firm that competes with Mulia Group's property management and marketing/leasing operations in Indonesia. Comparable on the manage-and-lease side of the value chain rather than as a developer.
• JLL (Jones Lang LaSalle): Global real estate services firm with significant Jakarta presence offering leasing, property management, and advisory. Overlaps directly with Mulia Group's marketing and management functions and competes for the same commercial mandates.
• CBRE Group: Global commercial real estate services and investment firm with established operations in Indonesia. Competes with Mulia Group on property management, leasing, and capital markets advisory for Jakarta commercial assets.

Regional players

• CapitaLand (CapitaLand Investment): Singapore-headquartered real estate investment manager with exposure to Indonesia and broader Southeast Asia office, retail, and integrated developments. Comparable as a regional capital-light operator that may co-invest or compete for the same tenant base and capital partnerships.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/mulia-group

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Mulia Group