Property and investment are two things that can't be separated. People flocked to invest their money in the developer or become developers themself. There is many people who experienced ups and downs in the property world but persistence is an important part in this. Like Ciputra or Lippo Group, their success wasn't built over night. Their persistence is the reason why their shares sell really well in the stock market. Here is a list of 10 Property Developer with highest stock value in the initial quarter of 2015.Kawasan Industri Jababeka Tbk.
Market capitalization : 6,677 trillion
Kawasan Industri Jababeka (KIJA) is a company primarily engaged in managing and developing real estates. It's flagship project is Kota Jababeka, which is located in Cikarang. Kota Jababeka is an integrated township with industrial, residential and commercial estates, public transportation network, shopping, leisure and entertainment establishments, and other facilities. Inaugurated on January 12, 1989. KIJA majority shares owned by Meadowood Capital, Ltd. (12.65%) and Intellitop Finance, Ltd. (7.31%). On the 5th of December 1994, KIJA obtained the effective statement from Bapepam-LK to be able to start the Initial Public Offering (IPO) of KIJA shares. The shares were listed on the Indonesia Stock Exchange (IDX) on January 10, 1995.Lippo Cikarang Tbk.
Market capitalization : 8,212 trillion
Lippo Cikarang Tbk. or LPCK for short is a company under the management of Lippo Group. Most of LPCK shares was owned by PT. Kemuning Satiatama (95%) which is owned by PT. Lipposindo Abadi. Inaugurated on June 27, 1997, LPCK obtained the effective statement from Bapepam-LK to perform Initial Public Offering (IPO) of LPCK shares. The shares were listed on the Indonesia Stock Exchange (IDX) on July 24, 1997. With a focus on urban development of Lippo Cikarang, LPCK able to continously raise the confidence of investors to invest and join their team.Agung Podomoro Land Tbk.
Market capitalization : 8,979 trillion
On November 1, 2010, Agung Podomoro Land (APLN) was given permision by Bapepam-LK to perform Initial Public Offering (IPO). On November 11, 2010, the shares were listed on the Indonesia Stock Exchange. Agung Podomoro officially founded on July 30, 2004, based on the APL tower Jl. Let. Jend. S. Parman Kav. 28, West Jakarta. Some of their projects are the Mediterranean Garden Residence, Central Park, Gading Nias Residence, Madison Park, etc. Beside invest on their project, APLN also likes to invest on their own company branches.Alam Sutera Realty Tbk.
Market capitalization : 11,101 trillion
Alam Sutera Realty Tbk. or ASRI officially established on November 3, 1993. ASRI office located in Wisma Argo Manunggal, Lt. 18, Jl. Jend. Gatot Subroto Kav. 22, Jakarta. On December 7, 2007, ASRI was allowed by Bapepam-LK to perform Initial Public Offering (IPO). On December 18, 2007, these shares were listed on the Indonesia Stock Exchange. Focusing on the development of their main area, Alam Sutera (located on Serpong), now becomes an independent city. ASRI labelled as reliable developer because it is consistently and continuely develop the area.Jaya Real Property Tbk.
Market capitalization : 15,125 trillion
Jaya Real Property Tbk. / JRPT was legalized to conduct an Initial Public Offering (IPO) on June 2, 1994. All of these shares were listed on the Indonesia Stock Exchange (IDX) on June 29, 1994. Jaya Real Property known as the developer of Bintaro area that includes Bintaro Trade Center, Plaza Bintaro Jaya, and their most recent project, the Bintaro Jaya Xchange. Besides Bintaro area, Jaya Real Property is also the developer of Pusat Grosir Senen Jaya and Plaza Slipi Jaya. Until now Jaya Real Property has been done three times Split stock, first in 1996, then 2006, and the last in 2013 with the total amount of 11 billion shares.Ciputra Development Tbk.
Market capitalization : 20,777 trillion
Ciputra Development Tbk. or CTRA got permission to launch an Initial Public Offering on February 18, 1994. CTRA officially established in October 22, 1981. The shares were listed on the Indonesia Stock Exchange (IDX) on March 28, 1994. Based in Ciputra World 1 - DBS Bank Tower, Floor 39, Jl. Prof. DR. Satrio Kav. 3-5, Jakarta, CTRA concentrates on the development of real estate property, commercial buildings, and public facilities. Ciputra is currently running 33 residential properties, shopping centers, hotels, apartment, warehouse complex and a golf course spread over 20 cities in Indonesia.Summarecon Agung Tbk.
Market capitalization : 24,309 trillion
Founded in 1975 to undertake real estate construction and development. Starting with a 10-hectare of marsh land in the then back-waters of Jakarta, the founders managed to transform Kelapa Gading into one of the most affluent residential and commercial areas in Jakarta. Over the years, Summarecon has built a reputation as one of the leading property players in Indonesia, especially in the development of townships. Summarecon develops townships which integrates residential developments with commercial developments that are supported with a wide and complete range of amenities for the residents of the townships. If you are interested in this stock, try to search it under "SMRA" code.Pakuwon Jati Tbk.
Market capitalization : 24,561 trillion
King of major project from Surabaya. Pakuwon Jati has Tunjungan Plaza, Mandiri Tower, Sheraton Surabaya, & Real estate Pakuwon Indah. Pakuwon Jati Tbk., stock code PWON, was originally based in Eastcoast Center floor 5, Pakuwon Town Square - Pakuwon City, Jl. Kejawan Putih Mutiara No. 17, Surabaya, Indonesia. Officially entered the stock market on August 22, 1989. Most of Pakuwon Jati income comes from rental and serviced apartments, sales of condominiums and office, & hotel revenue.Lippo Karawaci Tbk.
Market capitalization: 28,616 trillion
Established on October 15, 1990 under the name of PT Tunggal Reksakencana. Started Initial Public Offering on June 3, 1996. The main shareholders are the Pacific Asia Holdings Ltd. (18.21%). Lippo Karawaci was founded on a vision to impact lives through the development of well-planned sustainable independent townships within green environments and first class physical and social infrastructure. Over more than a decade, the Company has proven itself to be a highly trusted property developer with a most recognisable brand name.Bumi Serpong Damai Tbk.
Market capitalization : 37,203 triliun
Bumi Serpong Damai Tbk is an Indonesia-based real estate developer. The Company is engaged in planning and development of a new city, which is a planned and integrated residential area with amenities/infrastructure, environmental facilities and parks, designed to become a self-sufficient city called BSD City. Its business segments are divided into land, industrial building, house, shop house, office space, education centre, industrial building and hotel.
*Market capitalization taken on March 24, 2015 from ipotIndonesia.com