Tanjung Bunga

What Tanjung Bunga does

Tanjung Bunga is a publicly listed property development company headquartered in Makassar, Indonesia. Founded in 1997 and trading on the Indonesia Stock Exchange under the ticker GMTD (idx:GMTD), the company operates with 101-250 employees. Its registered corporate website is tanjungbunga.com. The firm operates as a for-profit entity focused on real estate/property development in the Indonesian market, though the input data does not specify particular project types (residential, commercial, mixed-use), geographic footprint beyond Makassar, or development pipeline details.

Financial performance data indicates reported revenue figures of approximately 288.5 billion (in local currency units, likely IDR) in 2025, down from a peak of approximately 399.6 billion in 2024 — a 27.8% year-over-year contraction. Revenue had grown from approximately 315.4 billion in 2022 to 379.1 billion in 2023 to 399.6 billion in 2024 before the 2025 reversal. Gross margins ranged between 45% and 58% across 2022-2025, while EBITDA margins compressed sharply from 41.6% in 2024 to 18.0% in 2025, and net income fell 76.5% year-over-year from 136.9 billion to 32.2 billion in the same period. These metrics suggest significant operational pressure in the most recent reporting period, though the absence of MD&A commentary, segment disclosure, or project-level detail in the input prevents further triangulation.

Information on Tanjung Bunga's specific product portfolio, customer segments, distribution channels, partnerships, and strategic initiatives is largely absent from the available data. Most structured data fields returned empty, and the company's website content consists only of a loading/verification page rather than substantive corporate disclosure. As a result, the analysis is limited to firmographic and high-level financial signals.

Name

Tanjung Bunga

Website

https://tanjungbunga.com

Company type

Private

Founded year

1997

Headcount range

11–50 employees

Short description

Tanjung Bunga is a publicly listed property development company headquartered in Makassar, Indonesia, trading on the Indonesia Stock Exchange under the ticker GMTD, with 101-250 employees.

Ownership category

akta.pro rank

Headquarters

HQ city

Makassar

HQ country

Indonesia

HQ region

Asia

Markets served

GTM type

B2C

Offering type

Services

Core offering

Tanjung Bunga is a property development company headquartered in Makassar, Indonesia, that develops real estate projects as its core business. The company was founded in 1997, is publicly listed on the Indonesia Stock Exchange under the ticker GMTD, and operates with 101–250 employees. Further details on specific projects, segments, or service lines are not disclosed in the supplied source content.

Differentiator

Problem solved

Functional benefit

Products and services

• Property Development Development of real estate projects by Tanjung Bunga, a publicly listed Indonesian property developer headquartered in Makassar.

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves1 record

Direct peers

• PT Ciputra Development: Major Indonesian property developer (IDX:CTRP) with nationwide residential, commercial, and hospitality projects. Directly comparable as an IDX-listed Indonesian real-estate developer with similar project-mix and revenue-recognition dynamics to Tanjung Bunga.
• PT Agung Podomoro Land: Indonesia-listed property developer (IDX:APLN) focused on mid-to-upper residential and mixed-use projects. Closely comparable to Tanjung Bunga in terms of product mix (residential + commercial) and project-based revenue model.
• PT Bumi Serpong Damai: IDX-listed Indonesian developer behind BSD City township (IDX:BSDE). Comparable as a publicly listed Indonesian property developer focused on integrated residential and commercial developments with similar revenue-recognition timing.
• PT Intiland Development: IDX-listed Indonesian property developer (IDX:DILD) with residential and commercial projects primarily in Greater Jakarta and Surabaya. Comparable as a mid-sized listed Indonesian property developer with similar project-recognition revenue volatility.
• PT Jaya Real Property: IDX-listed Indonesian property developer (IDX:JRPT) with residential, commercial, and industrial estate projects. Comparable as an established listed Indonesian real-estate developer with similar project-based revenue model.
• PT Lippo Karawaci: Diversified Indonesian property and township developer (IDX:LPKR) with residential, commercial, and healthcare real estate. Comparable to Tanjung Bunga in business model (project-based Indonesian developer) and listed entity structure.
• PT Summarecon Agung: One of Indonesia's largest publicly listed property developers (IDX:SMRA), focused on integrated townships and residential/mixed-use projects. Comparable to Tanjung Bunga as an IDX-listed Indonesian property developer serving residential and commercial demand, though at significantly larger scale.
• PT Modernland Realty: IDX-listed Indonesian property developer (IDX:MDLN) focused on integrated townships and residential projects. Directly comparable in business model and exposure to Indonesian property market cycles.
• PT Alam Sutera Realty: IDX-listed Indonesian developer (IDX:ASRI) of Alam Sutera integrated township. Comparable as a listed Indonesian property developer with mixed residential/commercial exposure and similar cyclical revenue pattern.

Regional players

• Hongkong Land Holdings: Major Asian property investment and development group listed in Singapore, with significant operations across Asia. Relevant regional peer offering broader Asian real-estate development benchmarks, though operating at substantially larger scale and geographic footprint than Tanjung Bunga.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks6 records

Key highlights5 records

Customer concentration

• Xx.com/TanjungBungaMks
• Facebookfacebook.com/TanjungBungaMks
• LinkedInlinkedin.com/company/tanjung-bunga

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 Tanjung Bunga