- CEO
- Bacelius Ruru
- Full Time Employees
- 1,370
- Sector
- Finance
- Industry
- Real estate development
- Address
- APL Tower Jakarta JK Indonesia 11470
- IPO Date
- Nov 3, 2010
- Business
- PT Agung Podomoro Land Tbk (APLN.JK) serves as a leading integrated real estate owner, developer, and manager focused on retail, commercial, residential, and township segments in Indonesia. The company offers superblock developments integrating shopping malls, offices, hotels, residential apartments, and houses; landmark projects including Podomoro City, Kuningan City, Green Bay Pluit, Podomoro City Deli Medan, Senayan City, Central Park mall, and Royal Mediterania Garden apartments; township initiatives such as Podomoro Park Bandung, Podomoro Golf View Cimanggis, premium super luxury Bukit Podomoro Jakarta, and affordable Kota Podomoro Tenjo; as well as expansions into industrial estates and reclamations, with sales encompassing apartments, shophouses, kiosks, houses, home offices, and land plots. APLN operates primarily in major urban centers and secondary cities across Java including Jakarta, Bogor, Bandung, and Karawang, and beyond Java in Bali, Medan, Batam, Balikpapan, and Makassar, targeting middle-class to premium customer segments through its "Back to the City" superblock model and fast-churn development approach. Founded in 2004 as PT Tiara Metropolitan Jaya and renamed following a 2010 restructuring that consolidated six developments under Agung Podomoro Group, APLN maintains headquarters at APL Tower in Jakarta. Recent developments include a July 2025 strategic partnership with Shimizu Corporation Indonesia to accelerate property projects; launches of The Garden House sustainable green living homes in April-May 2025 across key developments; a December 2024 strategic alliance between Podomoro City Deli Medan and BINUS University for property-education synergy; and a November 2024 divestment of Pullman Vimala Hills hotel assets.[Publications] APLN, a subsidiary of PT Indofica and flagship of Agung Podomoro Group established in 1969, continues opportunistic investments with prudent capital management amid strong 2025 marketing sales growth to IDR881.5 billion in the first half.[Press Release]