As a property developer in Indonesia, PT PP Properti Tbk is the
subsidiary of PT PP (Persero) Tbk, which is a State-Owned Enterprise
(BUMN) in the field of construction services, realty and property, EPC,
and investment since 1953. We focus on managing a diverse portfolio of
housing, offices, apartments, as well as retail and commercial property
in Indonesia.
In answering the growing needs of the landed house and
apartment in Indonesia yet the amount of it have not been met by private
not state-owned developer, PT PP Properti determines to support the
government by providing properties.
As a strategy and a concrete step to achieve this goal, PT PP
Property Tbk which was a former property division of PT PP (Persero)
Tbk, spin off and established as the subsidiary of PT PP (Persero) Tbk
since 12th December 2013.
PT PP Properti Tbk continues to make breakthrough in developing its
property business, including creating the product and service
differentiation with the theme 'Beyond Space'. PT PP Properti Tbk
continues to innovate, to create architecture design and concept that
can be applied to residential, office, retail, as well as commercial
project. Not only providing space and place, we try to make the property
comfortable, filled with peace, and in harmony with nature, therefore
the residents will have healthy mind, body, and soul.
With the vision “Be the leading national scale sustainable
developer with global competitiveness” that is environmental-friendly
and adds value to the stakeholders, we determine to expand our product
and property service. Thus, the residents are able to grow physically
and mentally healthy. It is also one of our missions, as our commitment
to build a better Indonesia.
A Brief of PP Properti
PT PP Properti Tbk was established in 2013 based on the Deed
of Limited Liability Company No. 18 dated 12th December 2013, prepared
by Ir. Nanette Cahyanie Handari Adi Warsito, S.H., based on approval
from the Minister of Law and Human Rights Republic of Indonesia in the
letter No. AHU-04852.AH.01.01 dated 5th February 2014. “PP Properti” is
the Property Division of PT PP (Persero) Tbk that has been existed since
1991.
PT PP Properti Tbk integrates property development that
provides diverse and complete facilities to help the residents grow
physically and mentally healthy. PT PP Properti Tbk has increased its
capabilities in various sectors for more than 20 years, including these
following projects: Perum Otorita Jatiluhur (1991), Cibubur Area Project
(1991-2004), Paladian Park Apartment in Kelapa Gading, Juanda Business
Center in Surabaya, and Park Hotel Jakarta (2010) and Park Hotel Bandung
(2012).
PT PP Properti Tbk consists of three business units:
Commercial, Residential and Hospitality. PT PP Properti Tbk commits to
develop the businesses by combining all knowledge and skills of the
employees to gradually improve the design and quality of the property,
and also committed to our customers and suppliers.
Vision
Be the sustainable national scale developer with global competitiveness.
Mission
- Develop excellent realty and property products to provide comfort to consumers
- Committed to provide a healthy environment
- Increase the contribution for the parent company by developing and aligning corporate strategy
- Strengthen strategic cooperation with PP Properti’s partner
- Carry out skillful human resources as well as increasing employee’s welfare PP Properti PPRO
PT PP Property, Tbk see that a good GCG implementation is a strong pillar for advancing the company’s growth. Therefore, PT PP Properti, Tbk strives to always apply GCG to all stakeholders, by complying the law and regulations.
The activities of the company always follow the principles of Good Corporate Governance, as follows:
- Transparency
The openness in the decision-making process and openness in expressing relevant information about the company.
- Accountability
The clarity of function, implementation, and accountability of the organization so that management of the company can be implemented effectively.
- Responsibility
The propriety in managing the company to the law and regulations and the principles of a healthy corporate.
- Independency
A situation where a professionally managed company with no conflict of interest and influence/pressure from any party that does not comply with the law and regulations and the principles of healthy corporate.
- Fairness
Justice and equality in fulfilling the rights of every individual and other stakeholders, that arises under treaties and the law and regulations.
- Achieve growth and maximum returns, so the value of the company increase, as well as to objectify the company’s sustainability in the long term without ignoring the consideration of other Stakeholders.
- Control and direct a good relationship between Shareholders, Board of Commissioners, Directors and all of Company’s Stakeholders based on the law and regulations.
- Support internal control activities and development of the company to achieve national and international competitiveness, to enhance market confidence that can encourage investment and sustainable national economic growth.
- Manage more trustful resources by applying the precautionary principle.
- Improve the accountability to stakeholders.
- Fix the company’s working culture to be better.
- Improve the value of the company by improving the welfare of all members of the company and to improve the company’s sustainable benefit for the stakeholders. PP Properti PPRO
