FY21 marketing sales reached Rp 1.642 billion (81% of FY21 target)
FY22 marketing sales target is Rp 2.4 trillion
Intiland Announces
FY21 Marketing Sales Achievement
PT Intiland Development Tbk ("DILD" or "the Company") announces its marketing sales performance for the full year of 2021.
DILD reports Rp 1.642 billion marketing sales in FY21
The Company booked marketing sales of Rp 1.642 billion in FY21, increased 75% yoy from Rp 937 billion in FY20. The Company reached 81% of the total FY21 target of Rp
2.0 trillion. Additional contribution coming from the recurring income in FY21 amounted to Rp ±658 billion, increased by 11.5% from Rp 590 billion in FY20.
The main sales contributor came from the landed residential segment with total Rp 922 billion. The achievement was mainly contributed by the launch of Amesta Living in Surabaya, a new integrated residential area in East Surabaya in 2Q21, and the launching of DUO, a new cluster in Talaga Bestari in 4Q21.
The mixed-use & high-rise segment generated marketing sales of Rp 390 billion, primarily came from the launching of Tierra SOHO in West Surabaya in 2Q21, and sales of 1Park Avenue, The Rosebay, Graha Golf, Regatta and Aeropolis. Meanwhile, the marketing sales from the industrial estate segment with a total Rp 329 billion was derived from sales of industrial lots in Batang Industrial Park, Ngoro Industrial Park and the warehouse in Aeropolis Technopark.
FY21 Marketing Sales Breakdown
The breakdown of FY21 marketing sales achievement is as follows:
Table 4: Marketing Sales (in Rp billion)
No
Project
FY21
FY20
% of Change
Results
Results
1
Mixed-use & high-rise
390
151
158.6%
2
Landed residential
922
638
44.6%
3
Industrial estate
329
148
122.7%
Total
1,642
937
75.3%
The contribution based on location is as follows:
Table 5: Marketing Sales (in Rp billion)
No
Location
FY21
FY20
% of Change
Results
Results
1
Jakarta
638
498
28.0%
2
Surabaya
1,004
439
129.0%
Total
1,642
937
75.3%
FY22 Marketing Sales Target
The Company aims to reach Rp 2.4 trillion marketing sales in 2022. The FY22 marketing sales target consists of selling the existing projects and new projects in Jakarta and Surabaya.
In 2022, the Company plans to launch Breeza, a landed residential located in Pantai Mutiara, North Jakarta. In addition, several other new product launch plans are new clusters in Amesta Living, Graha Natura, Serenia Hills, Tierra Mid-rise Condo and commercial area in Talaga Bestari.
Table 6: FY22 Marketing Sales Target (in Rp billion)
PT Intiland Development Tbk published this content on 24 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 January 2022 06:53:04 UTC.
PT Intiland Development Tbk is an Indonesia-based company is engaged in operating mixed-use and high-rise, residential estates, industrial estates and investment properties. The Company's divisions include real estate, rental of office buildings, rental of hotels, and industrial estate, and facilities. The real estate division is engaged in the sale of houses and land. The rental of office buildings and apartments division is engaged in the rental of Intiland Tower Jakarta, Intiland Tower Surabaya, South Quarter, Spazio Tower, and Praxis. It is engaged in the rental of Whiz Hotel. The industrial estate division is engaged in the management of Ngoro Industrial Park, Aeropolis Techno Park and Batang Industrial Park. The facilities division is engaged in the management of property, fitness centers, sports clubs and restaurants. It is located in the Greater Jakarta area, including Jakarta, Bogor, Depok, Tangerang and Bekasi, as well as Surabaya and its surrounding areas.