Inti Mitbana Development

What Inti Mitbana Development does

PT Inti Mitbana Development is an Indonesian real estate developer established in 2022 as a joint venture between Mitbana (itself a joint venture of Japan's Mitsubishi Corporation and Singapore's Surbana Jurong) and Intiland (PT Intiland Development Tbk, listed on the Indonesian Stock Exchange since 1991). The company develops integrated townships that combine residential, commercial, and recreational components under a Transit Oriented Development (TOD) framework with Japanese-inspired architectural design. Its flagship project is Green Bestari Park, a 51-hectare master-planned township in Balaraja, Tangerang, encompassing the Green Casa residential cluster (Type A and Type C units, with additional types planned), the Sakura Square commercial town center, and community amenities including a 2-hectare Taman Kota city park, clubhouse, and badminton court.

The company serves three primary customer groups: young Indonesian families seeking affordable first homes near educational institutions (Al Azhar Syifa Budi, Santa Laurensia, UPH) and healthcare facilities; individual and corporate property investors targeting appreciation along the planned MRT Kembangan-Balaraja corridor; and commercial tenants such as Fore Coffee and Alfamidi Super that anchor the Sakura Square retail component. Distribution operates through a hybrid model combining direct sales via on-site marketing galleries and sales galleries with an indirect channel managed by an internal agent coordinator and supported by digital lead capture through the company's website, WhatsApp messaging, and email inquiries.

Revenue is generated through one-time residential property sales (units starting from Rp875 million with flexible KPR financing), recurring commercial space leasing at Sakura Square, and participation in larger mixed-use developments including the 108-hectare Hiera project in BSD and the 270-hectare Vinhomes Grand Park in Vietnam through the Mitbana network. Pricing is quote-based and varies by unit type, size, and location. The company has 20 employees, is headquartered at Intiland Tower in Jakarta, and operates marketing galleries and customer care offices in Tangerang. Recent milestones include the MRT Jakarta MoU signed February 2026 and the launch of Sakura Square and anchor tenants through 2025-2026.

Name

Inti Mitbana Development

Legal name

PT Inti Mitbana Development

Website

https://greenbestaripark.co.id

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

PT Inti Mitbana Development is an Indonesian real estate developer building integrated townships with residential, commercial, and recreational components. It serves families, investors, and commercial tenants via flagship Green Bestari Park in Tangerang and the Mitbana international network.

Ownership category

akta.pro rank

Product category

Residential Real Estate Development

NAICS

New Housing For-Sale Builders (236117), Land Subdivision (23721)

SIC

Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Regional & Land Use Planning (BPAHAKAE)

akta.pro secondary industries

Urban & Regional Planning (Land Use, Zoning, Master Planning) (BPAIANAD), Transitional/Development Land Brokerage (Entitled, In-Path-of-Growth) (BPAJADAJ)

Keywords

• Integrated township development
• Residential property sales
• Commercial space leasing
• Transit oriented development
• Mixed-use real estate

Headquarters

HQ city

Jakarta Pusat

HQ country

Indonesia

HQ region

Asia

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Infrastructure, Supply Chain, Operations, Marketing or Sales, Personnel

Revenue model

1. Residential Property Sales: Sale of residential units including houses (Type A, Type C, Type E) within integrated township developments such as Green Bestari Park. Revenue is generated through one-time property sales with various payment schemes including KPR financing options.
2. Commercial Space Leasing: Revenue from leasing commercial spaces within Sakura Square town center to retail tenants including Fore Coffee, Alfamidi Super, and other F&B and retail operators.
3. Mixed-Use Development Projects: Development and sale of units in larger mixed-use projects including Hiera (108-Ha in BSD) and international projects such as Vinhomes Grand Park in Vietnam through the Mitbana network.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

PT Inti Mitbana Development develops and sells residential and commercial real estate within the 51-hectare Green Bestari Park integrated township in Balaraja, Tangerang. Its core offerings include houses in the Green Casa cluster (Type A and Type C units with Japanese-inspired design), commercial shophouse units, and leasing space within Sakura Square town center, all integrated with Transit Oriented Development infrastructure.

Product overview

Inti Mitbana Development operates as a real estate development company with its flagship project being Green Bestari Park, a 51-hectare integrated township in Balaraja, Tangerang, Indonesia. The portfolio includes the Green Casa residential cluster (featuring Type A, Type C, and upcoming Type D/E units), the Sakura Square commercial town center, and various community facilities including Taman Kota (City Park), Clubhouse, and Badminton Court. The development follows a 'one-stop living' and 'connected modern living' concept with Transit Oriented Development principles, integrating residential, commercial, and recreational spaces with future MRT connectivity. The company is a joint venture between Mitbana (Mitsubishi Corporation and Surbana Jurong) and Intiland, established in 2022.

Differentiator

Problem solved

Functional benefit

Products and services

• Green Bestari Park A 51-hectare integrated township development in Balaraja, Tangerang, offering a one-stop living concept that combines residential clusters, commercial areas, community facilities, and Transit Oriented Development infrastructure under Japanese-inspired design principles.
• Green Casa Residential Cluster The first residential cluster of Green Bestari Park featuring Japanese-inspired design, modern amenities including Central Park, Badminton Court, Kids Playground, BBQ Park, 24-hour security, and easy access to main roads.
• Green Casa Type A Residential Unit A 2-story modern home with 3 bedrooms, 2 bathrooms, a 2-car garage, and ample storage space, designed for family comfort and convenience within Green Casa.
• Green Casa Type C Residential Unit A single-story family home with minimalist layout, featuring 2 comfortable bedrooms and a private backyard that can be transformed into a play area or relaxation space within Green Casa.
• Sakura Square Commercial Town Center The lifestyle center of Green Bestari Park integrating retail areas, F&B establishments, environmentally conscious living concepts, marketing galleries, and a clubhouse, offering culinary options, daily shopping, and health lifestyle facilities for residents and visitors.
• SUIREN 6x13 Commercial Shophouse Unit Commercial shophouse unit type offered within the Green Bestari Park integrated township, suitable for retail and business operations serving the township's residential community.

Quantifiable outcome

• 25 minutes to Serpong
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• PT MRT JakartacoreStrategic or Co-development Partner · 4 February 2026State-owned enterprise operating MRT Jakarta. On February 4, 2026, PT MRT Jakarta signed MoU with Inti Mitbana Development and other developers for the MRT Kembangan-Balaraja project development and Transit Oriented Development (TOD) implementation.
• Mitsubishi CorporationcoreStrategic or Co-development Partner · 1 January 2022Japanese multinational corporation providing financial expertise in real estate investments. Mitsubishi Corporation, through its joint venture Mitbana with Surbana Jurong, partners with Intiland to form PT Inti Mitbana Development established in 2022.
• Surbana JurongcoreStrategic or Co-development Partner · 1 January 2022Singapore-based urban and infrastructure planning consultancy providing technical capabilities. As part of Mitbana joint venture with Mitsubishi Corporation, Surbana Jurong contributes urban development expertise across ASEAN countries including Indonesia.
• PT Intiland Development TbkcoreStrategic or Co-development Partner · 1 January 2022Indonesian property developer listed on the Indonesian Stock Exchange since 1991. Intiland provides local market knowledge and has developed iconic projects including Intiland Tower, Regatta Condominiums, South Quarter, and Graha Natura Gardenville in Surabaya.
• MitbanacoreStrategic or Co-development Partner · 1 January 2019Joint venture company formed by Mitsubishi Corporation and Surbana Jurong in 2019. Mitbana (ミツ バナ) champions urban development projects across ASEAN countries (Vietnam, Indonesia, Myanmar, Philippines) and South Asian countries (Sri Lanka, Bangladesh, India).
• Fore CoffeeminorChannel Partner/ Reseller/ DistributorIndonesian specialty coffee brand established in 2018 with hundreds of outlets across major cities. Fore Coffee operates as a tenant at Sakura Square town center within Green Bestari Park, opened June 29, 2026.
• Alfamidi SuperminorChannel Partner/ Reseller/ DistributorModern retail format under Alfamidi group offering supermarket-sized product range. Alfamidi Super opened in Green Bestari Park on June 5, 2026, providing daily necessities shopping for residents.

Scale indicators6 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Summarecon Agung: Listed Indonesian developer of integrated townships (Summarecon Serpong, Summarecon Bekasi, Summarecon Bandung) combining residential clusters with commercial centres and amenities — directly comparable operating model.
• Sinar Mas Land: Indonesia's largest private township developer behind BSD City and other integrated residential-commercial developments near Jakarta. Closest comparable to Inti Mitbana in terms of large-scale integrated townships with TOD-style positioning in the greater Jakarta corridor.
• Vinhomes (Vingroup): Vietnamese mega-township developer behind Vinhomes Grand Park — Inti Mitbana's parent Mitbana is already a partner on this 270-hectare project. Highly comparable model at much larger scale.
• Alam Sutera Realty: Indonesian developer of Alam Sutera integrated township near BSD/Tangerang — directly comparable mixed-use township with residential clusters, commercial areas, and connectivity focus.
• Lippo Karawaci: Listed Indonesian developer of large integrated townships including Lippo Karawaci township near Tangerang — directly comparable geography and integrated residential/commercial model.
• Ciputra Development: Indonesian township developer with multiple integrated residential-commercial projects across Jakarta and satellite cities. Comparable in customer segment (first-home buyers, families) and integrated amenities approach.

Broad incumbents

• PT Intiland Development: Listed Indonesian parent of the Inti Mitbana JV (IDX-listed since 1991) — broader portfolio of residential, commercial, and mixed-use projects across Indonesia. Comparable as the local operating parent.
• Mitsubishi Estate: Japanese real estate developer affiliated with Mitsubishi Corporation (Inti Mitbana's parent). Brings Japanese urban development and design philosophy, providing a comparable benchmark for premium integrated development at scale.
• Hongkong Land: Asian real estate investment and development group with integrated mixed-use projects across Asia. Comparable as an established international player with integrated township/master-planned community expertise.
• Surbana Jurong: Singaporean urban and infrastructure planning consultancy and Inti Mitbana parent (via Mitbana JV). Comparable for planning/design-led integrated development approach, though it operates as a consultancy rather than developer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/tr
• LinkedInlinkedin.com/company/inti-mitbana-development

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 Inti Mitbana Development