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.
In 2012, the Company started developing superblock Graha Festival in Surabaya by completing Spazio, an integrated building that combines office functions of an office and lifestyle. The Company also started National Hospital Surabaya in the second semester of 2012.
In 2013, the Company successfully launched such new projects as 1Park Avenue Apartment and Serenia Hills 2 in Jakarta, Aeropolis Residence 3 in Tangerang, and Praxis in Surabaya. The launch of these Intiland’s products is part of the Company’s strategies and policies related to the marketing of new projects.
Meanwhile, Intiland’s subsidiairy, Intiwhiz, was back with the opening of Grand Whiz Hotel Nusa Dua, Bali. What lies behind the decision of establishing a new hotel under Intiwhiz hotel chain in Nusa Dua was its location on the primary tourism area on Bali Island. Aside from capturing the market potential from tourists, Nusa Dua is the most potential area for holding MICE (meeting, incentive, conference and exhibition).
In the same year, Intiwhiz also completed the development of Whiz Hotel Cikini, a hotel with 135 rooms in Menteng area, Jakarta that has been in operations since January 28, 2014. Intiwhiz also held a topping off ceremony of Whiz Prime Hotel Balikpapan and signed an agreement to manage Grand Whiz Hotel Bandung.