Sales Raup IDR 2.2 Trillion In Six Months, Agung Podomoro Mililik Konglomerat Trihatma Haliman Ready To Rise Property Industry

JAKARTA - PT Agung Podomoro Land Tbk is ready to encourage the property sector in the country to rise again and become one of the pillars of Indonesia's economic recovery.

Marketing Director of PT Agung Podomoro Land Tbk Agung Wirajaya said, during 53 years of innovating as a property industry actor in Indonesia, the company increasingly understands the needs of the Indonesian people for housing and property investment.

"We hope that the revival of people's purchasing power against property so that the property sector can also recover to become stronger. Agung Podomoro is committed to continuing to make real contributions through the acceleration of the progress of our property project development in various regions in Indonesia," Agung said in a statement quoted by Antara, Thursday, September 8.

Along with the recovery of economic conditions and community activities, the property sector in Indonesia shows a positive trend. The results of the Residential Property Price Survey (SHPR) conducted by Bank Indonesia with samples of developers in 18 cities noted that the Residential Property Price Index (IHPR) in the first quarter of 2022 grew 1.87 percent (yoy).

Agung said that so far the company has proven its resilience to all crisis situations by consistently presenting new property projects and accelerating the development of existing projects to meet the needs of the community.

"We hope that Agung Podomoro's initiative to revive the property industry can encourage the recovery of the national economy so that it recovers faster," said Agung.

Agung said that the company's performance was recorded from sales and operating revenue of Rp2.2 trillion in the first semester of 2022. In line with positive economic growth of 5.23 percent per semester of 2022, the company believes the prospect of the property industry will be brighter.

In the first semester of 2022, the issuer with the stock code APLN posted a sales confession of IDR 1.55 trillion, up 48 percent from IDR 1.05 trillion in the same period earlier.

Meanwhile, Agung Podomoro's property projects belonging to conglomerate Trihatma Haliman are located in various regions. Among them Podomoro City Deli Medan and Podomoro Park Bandung recorded the largest sales confession value.

"We present a number of quality projects such as Podomoro Tenjo City which were built during the pandemic, and were greeted with enthusiasm to sell more than 4,200 units within two years of launch. The presence of new projects and property development in various regions is expected to support the optimization of economic recovery," said Agung.

Agung is well aware that the recovery of the property industry requires collaboration from all parties, starting from developers, industry players, consumers, and the government.

In the midst of a dynamic economic situation, Agung continued, the property industry must be encouraged to recover faster so that people's purchasing power rises stronger.

"The government's incentives that provide relaxation should also be appreciated and supported continuously. We see that this program has a tremendous impact on the community and property industry players," said Agung.