PT Intiland Development Tbk is a leading Indonesian property developer with a primary focus on property development, management and investment. The company’s portfolio includes middle to high-end townships & estates, mixed-use & high rise developments, hospitality and industrial estates in the Greater Jakarta, Surabaya and some other cities.
Established in early 1970s by Hendro S. Gondokusumo, Intiland is publicly listed on the Indonesia Stock Exchange since 1990. The company has managed a number of challenging projects up to date. Pantai Mutiara, a 100-hectare luxury seafront township in North Jakarta, along with Regatta ‘The Icon’, a prominent luxury condominium designed by Tom Wright who was responsible over The Burj Al Arab in Dubai, are among the company’s signature developments in the capital. In Surabaya meanwhile, Graha Famili township has gradually stretched over 280 hectares.
The year 2010 and 2011 marked a substantial growth of the company both in the project portfolio and land bank, as evident as the tremendously improved financial performance. This success was also cemented with the launch of 1Park Residences in South Jakarta and the inception of 80-hectare Graha Natura in Surabaya. In the realm of hospitality, Intiland has embarked on hotel chain, the Whiz Hotel, which has opened its hotels in Yogyakarta, Semarang and Bali, respectively. In November 2011, Intiland launched South Quarter, the 7.1-hectare integrated business complex located in South Jakarta’s TB Simatupang business district.