PT Puradelta Lestari Tbk

What PT Puradelta Lestari Tbk does

PT Puradelta Lestari Tbk (IDX: DMAS) is an Indonesian publicly-listed integrated township developer operating the Kota Deltamas project, a ~3,200 hectare master-planned development in Central Cikarang, Bekasi Regency, between Jakarta and Bandung. The company was established as a joint venture between Sinar Mas Land (57.28% via PT Sumber Arusmulia) and Japan's Sojitz Corporation (25.00%), and has been developing the township for over 30 years with direct toll access from the Jakarta-Cikampek Toll Road at KM 37. The underlying business model is a long-duration land bank monetisation play, monetising industrial, commercial, and residential parcels within a single integrated township.

The company operates three integrated segments. The industrial segment (Greenland International Industrial Center/GIIC) accounts for ~2,200 hectares of industrial land and hosts 170+ tenants including Suzuki, Hyundai, Mitsubishi, SAIC GM Wuling, Astra Honda Motors, Kalbe Farma, Maxxis, Kohler, Frisian Flag, and a dedicated Data Center Zone with 14 tenants (PT Telkom Indonesia, National Data Center, plus international hyperscalers from Singapore, Australia, the US, and Europe). The commercial segment includes AEON Mall Deltamas (200,000 m², 350 tenants, opened March 2024), Almandine, and Greenland Square (17 hectares, 45 commercial units). The residential segment comprises De Silva, Woodchester, and Savasa — the latter a smart-home collaboration with Panasonic Homes Japan. Supporting infrastructure includes Le Premier Hotel, Mitra Keluarga Hospital, and Deltamas Sport Center. Revenue is generated primarily through one-time land/plot sales (industrial land contributed ~90% of H1 2025 revenue at IDR 553.5 billion of IDR 613.4 billion total), supplemented by recurring rental income from 11 standard factory buildings, hotel operations, and commercial leases. GTM is sales-led: an on-site marketing office with segmented WhatsApp lines for industrial, commercial, and residential buyers, participation in property exhibitions (GIIAS, BCA Expo), agent networks, and digital channels. Industrial land sales pricing is parcel-based and depends on location, specifications, and data center demand, with data centers driving over 70% of 2024 industrial land sales. Residential pricing ranges from approximately Rp 500 million to Rp 2.9 billion per unit, and commercial lots at Greenland Square start from Rp 7.5 million per square meter.

Name

PT Puradelta Lestari Tbk

Legal name

PT Puradelta Lestari Tbk

Website

https://deltamas.id

Company type

Public

Operating status

Operating

Headcount range

101–250 employees

Short description

PT Puradelta Lestari Tbk (IDX: DMAS) is an Indonesian township developer operating the 3,200-hectare Kota Deltamas in Cikarang, serving industrial tenants, data center operators, commercial occupiers, and residential buyers with integrated industrial, commercial, and residential products.

Ownership category

akta.pro rank

Product category

Integrated Township Real Estate Development

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Land & Development Site Brokerage (BPAJABAG)

akta.pro secondary industries

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL), Transitional/Development Land Brokerage (Entitled, In-Path-of-Growth) (BPAJADAJ)

Keywords

• Integrated township development
• Industrial estate sales
• Commercial property lots
• Residential cluster development
• Data center zone infrastructure

Headquarters

HQ city

Cikarang Pusat

HQ country

Indonesia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Industrial Land Sales: Sale of industrial land parcels to manufacturing companies and data center operators. Primary revenue driver contributing approximately 90% of total revenues. Land sales to data centers have been a major growth driver.
2. Commercial Property Sales: Sale of commercial lots and shophouses including Greenland Square (17 hectares, 45 units) and Almandine Business Gallery
3. Residential Property Sales: Sale of residential clusters including De Silva (1.2 hectares), Woodchester, and Savasa (collaboration with Panasonic Homes)
4. Rental Income: Rental factory buildings (standard factory buildings) providing recurring rental income. 11 units with three size types available.
5. Hotel Operations: Le Premier Hotel operations providing hospitality services

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

PT Puradelta Lestari Tbk develops and operates Kota Deltamas, a ~3,200 hectare integrated township in Central Cikarang, Bekasi Regency, combining industrial, commercial, and residential real estate. The company's primary revenue driver is industrial land sales (approximately 90% of revenues) within the Greenland International Industrial Center (GIIC), complemented by commercial lot sales (Greenland Square, Almandine), residential clusters (De Silva, Woodchester, Savasa), rental factory buildings, and hotel operations at Le Premier Hotel.

Product overview

PT Puradelta Lestari Tbk operates as a modern integrated township developer under the Kota Deltamas brand, managing a self-sustained 3,200-hectare urban development in East Jakarta corridor. The portfolio is structured around three core segments: Industrial (Greenland International Industrial Center with Rental Factory buildings and Data Center Zone), Commercial (AEON Mall Deltamas, Almandine, Greenland Square), and Residential (De Silva, Woodchester, Savasa). Supporting infrastructure includes Le Premier Hotel, Mitra Keluarga Hospital, Deltamas Sport Center, and educational institutions. The township is jointly developed with Sinar Mas Land and Sojitz Corporation.

Differentiator

Problem solved

Functional benefit

Products and services

• Greenland International Industrial Center (GIIC) International standard industrial area spanning approximately 2,200 hectares within Kota Deltamas, offering industrial land parcels for sale under eco-friendly and low-pollution standards to manufacturing companies and data center operators. Houses 170+ industrial tenants including Suzuki, Hyundai Motors, Mitsubishi Motors, SAIC GM Wuling, Astra Honda Motors, Kalbe Farma, Maxxis, and Kohler.
• Rental Factory (Standard Factory Building) Ready-built standard factory buildings within GIIC with three unit size types (1,068/1,740 m2; 2,274/4,122 m2; 1,206/1,092 m2), providing industrial tenants with immediate operational facilities on a recurring rental basis. 11 units available.
• Data Center Zone Special dedicated zone for data center operators within GIIC, hosting 14 data center tenants including PT Telkom Indonesia, National Data Center (PDN) owned by Indonesia's Ministry of Communication and Information, and international companies from Singapore, Australia, USA, and Europe. Provides infrastructure supporting digital infrastructure needs.
• Greenland Square Commercial lot complex with total area of 17 hectares located on the Kota Deltamas main boulevard, featuring 45 commercial units priced from Rp 7.5 million per square meter. Suitable for offices, restaurants, hotels, banks, dormitories, and showrooms. Existing tenants include McDonald's, Starbucks, Richeese Factory, Artotel Casa Cikarang, Astrido Daihatsu, and Cherry Motors.
• Almandine Business Gallery Premium commercial lots near the GIIC industrial area and office zones in Bekasi Regency, suitable for restaurants, culinary show rooms, and offices. Features Alfresco Terrace Concept design.
• De Silva Residential Cluster Modern contemporary residential cluster covering 1.2 hectares combining residential and co-living concepts with modern facade design. Achieved 85% absorption rate in initial phase. Targeted at families and expatriates working in GIIC.
• Woodchester Residential Cluster Two-story residential housing cluster targeting millennials and families seeking dynamic lifestyle with high mobility, featuring quality facilities and infrastructure for comfortable living within Kota Deltamas.
• Savasa Smart Residential Cluster Smart residential cluster developed in collaboration with Panasonic Homes Japan, featuring four smart pillars: smart township, smart security, smart homes, and smart community with Japanese housing technology.
• Le Premier Hotel Hotel with 1.25 hectares area strategically located near Bekasi Regency government center, GIIC area, and Deltamas Sport Center, offering daily, monthly, and yearly stay options to guests. Provides hospitality services within the township.

Quantifiable outcome

• Industrial land sales of approximately 45 hectares sold in first nine months of 2024
• +5 more outcomes

Named customers18 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Pemerintah Kabupaten BekasicoreOthers · 12 November 2024Bekasi Regency Government partnered for the 87-meter bridge construction project connecting Kota Deltamas to Karawang Regency, signed November 12, 2024.
• Pemerintah Kabupaten KarawangcoreOthers · 12 November 2024Karawang Regency Government partnered for the 87-meter bridge construction project connecting Kota Deltamas to Karawang Regency, signed November 12, 2024.
• Panasonic HomesminorStrategic or Co-development PartnerJapanese housing technology partner for Savasa residential cluster featuring smart home technology with four pillars: smart township, smart security, smart homes, and smart community.
• AEON MallminorStrategic or Co-development PartnerJapanese retail partner operating AEON Mall Deltamas, a 200,000 m2 shopping center with 350 tenants, opened March 2024, located within Kota Deltamas township.

Scale indicators17 records

Recent moves12 records

Expansion highlights6 records

Broad incumbents

• PT Lippo Karawaci Tbk: Large Indonesian diversified property developer with Lippo Village and other integrated townships, plus hospital and retail operations. Comparable in the integrated live-work-play township model and Indonesian listed property peer set, though at greater scale and broader diversification.
• PT Sinar Mas Land (BSD City developer): Parent company of PT Puradelta Lestari and the developer of BSD City, Indonesia's largest integrated township. Comparable as the broader Sinar Mas Land integrated township playbook (industrial + commercial + residential) at much larger scale, including the same eco-industrial positioning.

Direct peers

• PT Bumi Serpong Damai Tbk: Developer of BSD City integrated township near Jakarta. Closely comparable as an Indonesian integrated township developer combining industrial estates (BSD's industrial park), commercial centers, and residential clusters, serving similar end-markets.
• PT PP Properti Tbk: Indonesian state-linked property developer of mixed-use and integrated township projects. Comparable as a publicly listed Indonesian developer of mixed-use projects combining residential, commercial, and hospitality components in the broader IDX property sector.
• PT Ciputra Development Tbk: Major Indonesian integrated township developer with projects across Indonesia. Comparable as a publicly listed developer of masterplanned townships combining residential, commercial, and hospitality components, serving middle-to-upper market Indonesian homebuyers.
• PT Modernland Realty Tbk: Indonesian integrated township developer with Jakarta Garden City and other mixed-use projects. Comparable as a publicly listed mid-tier integrated township developer serving middle-market residential and commercial buyers in the greater Jakarta corridor.
• PT Kawasan Industri Jababeka Tbk: Indonesian industrial estate developer in the Cikarang corridor. Jababeka is the most direct geographic and product peer, also subdividing and selling industrial land to manufacturers and data center operators, with overlapping industrial tenant base and similar mid-Java toll-corridor positioning.
• PT Summarecon Agung Tbk: Major Indonesian integrated township developer with multiple Summarecon townships (Kelapa Gading, Serpong, Bandung, Bekasi, Makassar). Comparable business model of land subdivision and integrated mixed-use development, with similar residential/commercial mix though without the industrial land sales focus.
• PT Surya Semesta Internusa Tbk: Developer of Suryacipta industrial estate (Karawang/Subang corridor) and Nusa Dua hospitality. Comparable as an Indonesian industrial estate developer with adjacent product offerings, though with broader diversification into commercial and hospitality.

Emerging players

• Hongkong Land / Mapletree (ASEAN industrial/data center): Southeast Asian industrial REIT and data center developers with growing Indonesia exposure. Comparable as regional industrial estate and data center operators competing for hyperscaler tenants in ASEAN, representing the broader regional competitive set for industrial land with data center positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/kota_deltamas
• YouTubeyoutube.com/@Kotadeltamas
• Facebookfacebook.com/KotaDeltamasCikarang
• LinkedInlinkedin.com/company/pt-puradelta-lestari-tbk
• Instagraminstagram.com/kota_deltamas

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 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 PT Puradelta Lestari Tbk