Name

Agung Podomoro Group

Legal name

Agung Podomoro Group

Website

https://agungpodomoro.com

Company type

Private

Founded year

1969

Operating status

Operating

Headcount range

1,001–5,000 employees

Ownership category

akta.pro rank

Product category

Integrated Real Estate Development

NAICS

Management of Companies and Enterprises (55111), Management of Companies and Enterprises (55)

SIC

Operators Of Apartment Buildings (6513)

akta.pro primary industry

Mixed-Use Property Management (BPAJAGAE)

akta.pro secondary industry

Master-Planned Community & POA Management (BPAJAHAD)

Keywords

• Integrated property development
• Residential real estate
• Shopping mall operations
• Hospitality and hotels
• Superblock mixed-use

Headquarters

HQ city

Grogolpetamburan

HQ country

Indonesia

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Property Development Sales: Core revenue from development and sale of residential properties (landed houses, apartments, condominiums), commercial properties (shophouses/SOHO, office towers), and retail properties (shopping malls/trade centers). Properties span from affordable (IDR 200 million) to premium (above IDR 5 billion) segments across Indonesia.
2. Hospitality Operations: Revenue from owned and operated hotels including Pullman Jakarta Central Park, Novotel Jakarta Mangga Dua Square, Aston Braga Hotel, Fave Braga Hotel, Hotel Indigo Bali Seminyak Beach, Pullman Ciawi Vimala Hills, and Pullman Bandung Grand Central. Hotels range from 3-star to 5-star categories.
3. Shopping Mall Operations: Revenue from shopping centers and trade malls including Central Park Mall, Neo Soho, Senayan City, Thamrin City, Mangga Dua Square, Seasons City, Emporium Pluit Mall, Delipark Mall, Baywalk Mall, Festival Citylink, and others. Malls generate rental income from retail tenants.
4. Education Operations: Revenue from education segment through ownership of North Jakarta Intercultural School (NJIS) acquired in 2011 and Podomoro University established in 2013.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels8 records

Core offering

Agung Podomoro Group is an integrated Indonesian property developer that builds, sells, and manages residential properties (landed houses, apartments, condominiums, satellite cities), commercial properties (shopping malls, trade centers, SOHO, office towers), and hospitality properties (Pullman, Novotel, Hotel Indigo, ibis Styles, Aston, Fave, Sofitel branded hotels) across 10+ Indonesian cities. The company also operates an education segment through North Jakarta Intercultural School and Podomoro University. Its flagship concept is the integrated superblock combining residential, retail, office, and hospitality in a single master-planned community supported by Transit-Oriented Development and Green Belt concepts.

Product overview

Agung Podomoro Group is Indonesia's largest integrated property developer with 50+ years of experience, operating a multi-product portfolio of residential (landed houses, apartments, condominiums, satellite cities), commercial (malls, trade centers, SOHO), hotels (Pullman, Novotel, ibis Styles, Hotel Indigo, Aston), and superblock mixed-use developments across Indonesia. The company's flagship projects include Podomoro City superblock in West Jakarta, Kota Podomoro Tenjo as Indonesia's first green belt satellite city, Borneo Bay City waterfront development in Balikpapan, and various hotel properties through partnerships with international brands like Accor and IHG. Key residential brands include Grand Madison, Mediterania series, Pakubuwono series, and SOHO concept properties. The portfolio spans major Indonesian cities including Jakarta, Bandung, Medan, Balikpapan, Samarinda, Batam, Karawang, and Bali.

Differentiator

Problem solved

Functional benefit

Brands

• Podomoro City: Superblock development featuring premium office buildings, shopping centres, hotels, and residential options in West Jakarta.
• Central Park Mall
• Neo Soho Mall
• Delipark Mall
• Senayan City
• Orchard Park
• Hotel Indigo Bali Seminyak Beach
• North Jakarta Intercultural School
• Podomoro University
• Pullman Bandung Grand Central
• ibis Styles Bandung Grand Central

Products and services

• Podomoro City Superblock
• Central Park Mall
• NEO SOHO Mall
• Grand Madison @ Podomoro City
• Senayan City
• Delipark Mall
• Pullman Bandung Grand Central
• Hotel Indigo Bali Seminyak Beach
• Pullman Ciawi Vimala Hills
• Kota Podomoro Tenjo
• Podomoro Park Bandung
• Podomoro Golf View
• Borneo Bay City
• SOHO at Borneo Bay City
• Orchard Park Batam
• Vimala Hills
• Bukit Mediterania Samarinda
• Podomoro City Deli Medan
• Harco Glodok Trade Center
• Kota Kertabumi Karawang
• Coast Park Batam
• North Jakarta Intercultural School (NJIS)
• Podomoro University
• ibis Styles Bandung Grand Central
• Sofitel Bali Nusa Dua Beach Resort

Quantifiable outcome

• More than 2,000 units sold at Kota Podomoro Tenjo within months of launch (end of 2020)
• +8 more outcomes

Named customers6 records

Segments7 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

14 partnerships are on record, tiered core and minor.

• InterContinental Hotels Group (IHG)coreOEM/ Whitelabel/ Licensing Partner · 1 January 2017International hospitality partnership for Hotel Indigo Bali Seminyak Beach, established in 2017 as the first Hotel Indigo in Indonesia. IHG provides brand standards, global distribution system, loyalty program (IHG Rewards), and operational support while Agung Podomoro develops and owns the property.
• Podomoro UniversitycoreStrategic or Co-development Partner · 1 January 2013Higher education institution established by Agung Podomoro Group in 2013, expanding the company's presence in the education sector and supporting community development in North Jakarta.
• North Jakarta Intercultural School (NJIS)coreStrategic or Co-development Partner · 1 January 2011K-12 international school acquired by Agung Podomoro Group in 2011, representing the company's expansion into the education sector as part of its integrated property development approach.
• Palmscape SingaporecoreStrategic or Co-development PartnerLandscape architecture consultancy responsible for designing green spaces and landscapes across multiple Agung Podomoro projects. Previously designed Podomoro Park in Buahbatu Bandung and Podomoro River View in Cimanggis, Depok. Designed Kota Podomoro Tenjo's green belt landscape using international standards to maximize environmental benefits for residents.
• DP Architects SingaporecoreStrategic or Co-development PartnerMaster planning and architectural design firm for Podomoro City Deli Medan superblock, providing comprehensive superblock design integrating residential towers, retail, hospitality, and public spaces on 5.2 hectares in the heart of Medan.
• Permata BankcoreChannel Partner/ Reseller/ DistributorBanking partner for Home Ownership Credit (KPR) and Apartment Ownership Credit (KPA) financing for Victory Tower and other Agung Podomoro projects. One of several bank partners facilitating 0% interest installment programs and flexible payment schemes.
• MaybankcoreChannel Partner/ Reseller/ DistributorBanking partner for KPR/KPA financing across Agung Podomoro projects. Supports installment programs and financing schemes for property purchases including the 0% interest installment option for Victory Tower at Podomoro City Deli Medan.
• Bank Negara Indonesia (BNI)coreChannel Partner/ Reseller/ DistributorState-owned banking partner providing mortgage financing for Agung Podomoro property buyers. One of the bank partners in the KPR/A Hub Easy Pay program supporting property sales across Indonesia.
• CIMB NiagacoreChannel Partner/ Reseller/ DistributorBanking partner for KPR/KPA financing, offering installment payment schemes for Agung Podomoro property purchases. Part of the multi-bank financing ecosystem supporting the Easy Pay program.
• UOBcoreChannel Partner/ Reseller/ DistributorRegional banking partner providing mortgage financing options for Agung Podomoro property buyers, supporting the Easy Pay program with installment and financing solutions.
• Kawan Lama GroupcoreStrategic or Co-development PartnerStrategic collaboration for Living Plaza Shopping Center at Podomoro Park Bandung, integrating retail and lifestyle offerings within the superblock development. Kawan Lama Group operates various retail and lifestyle brands across Indonesia.
• Eat & EatminorStrategic or Co-development PartnerF&B operator for SOHO Pancoran's Kampoeng Kouliner culinary area on Lower Ground floor, featuring more than 23 food and beverage tenants with diverse Indonesian cuisine offerings.
• Ganara Art SpaceminorStrategic or Co-development PartnerArt education provider offering painting and pottery classes at SOHO Pancoran, enriching the lifestyle and cultural offerings within the development.
• Accor GroupcoreOEM/ Whitelabel/ Licensing PartnerInternational hospitality partnership covering multiple branded hotels: Pullman Jakarta Central Park, Pullman Ciawi Vimala Hills, Pullman Bandung Grand Central, Novotel Jakarta Mangga Dua Square, Aston Braga Hotel, Fave Braga Hotel, Amaris hotels, and ibis Styles hotels. Accor provides brand management, global distribution, and operational expertise.

Scale indicators20 records

Recent moves11 records

Expansion highlights3 records

Direct peers

• Sinar Mas Land: One of Indonesia's largest publicly-listed integrated property developers (BSD City developer). Directly comparable to Agung Podomoro Group in mixed-use superblock developments, residential townships, and commercial malls across the country.
• Intiland Development: Indonesian-listed diversified property developer with residential, commercial, and mixed-use projects including South Quarter in Jakarta. Comparable mixed-use development model and listed property company status.
• Surya Semesta Internusa: Indonesian-listed property developer (Suryacipta) operating industrial estates, commercial real estate (Sampoerna Strategic Square) and hospitality (Sultan Hotels). Comparable exposure to commercial real estate and operational property assets.
• Pakuwon Jati: Indonesian-listed developer of mixed-use superblocks including Tunjungan Plaza superblock in Surabaya and Pakuwon Mall. Comparable integrated superblock model and recurring mall income approach.
• Summarecon Agung: Indonesia-listed developer of large-scale integrated townships (Summarecon Serpong, Bekasi, Bandung, Karawang). Operates superblock mixed-use projects with retail malls, residential, and commercial elements directly comparable to Agung Podomoro's superblocks.
• Ciputra Group / Ciputra Development: Major Indonesian listed developer focused on residential and mixed-use projects across Indonesia. Comparable scale, listed status, and product breadth across landed-housing and apartment products.
• Lippo Group / Lippo E-Net: Diversified Indonesian conglomerate with significant property arm including Lippo Malls, Siloam Hospitals, and REITs. Comparable integrated property developer model across Indonesia with mixed-use superblock developments.
• Alam Sutera Realty: Indonesian-listed property developer of Alam Sutera township (Serpong) featuring residential, commercial, and shopping mall (ITC). Comparable listed Indonesian developer with mixed-use township strategy.

Broad incumbents

• CapitaLand (Singapore): Major Asian real estate group with retail malls, residential developments, and lodging across Asia. Listed in Singapore with comparable mixed-use development approach, but operates regionally rather than Indonesia-only.
• Ayala Land (Philippines): Philippines-listed mega-property developer of mixed-use developments, residential townships, shopping malls and hotels. Comparable integrated superblock developer model in Southeast Asia even though operating in different geography.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/AgungPodomoro
• Instagraminstagram.com/agungpodomoro
• LinkedInlinkedin.com/company/gading-mediterania-residence

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries5 records

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 Agung Podomoro Group