- CEO
- Ahmad Surahman
- Full Time Employees
- 4
- Sector
- Finance
- Industry
- Real estate development
- Address
- Jl. Raden Fatah No. 62 Tangerang Indonesia 15151
- IPO Date
- Sep 16, 2019
- Business
- PT Bhakti Agung Propertindo Tbk (BAPI.JK) operates as a property developer in Indonesia, focusing on real estate development including residential apartments, commercial properties, condominiums, hotels or condotels, health sciences high schools (STIKES), and Pratama clinics. The company develops and manages projects such as the Green Cleosa Apartment in Ciledug, Tangerang, featuring over 634 units with supporting facilities, phase 2 of Green Cleosa Apartments, and Condotel Horison; it maintains a portfolio of 14 projects across Jabodetabek, Bandung, Cirebon, Yogyakarta, Ponorogo, Nganjuk, and other areas, including an ongoing development on a 70-hectare landbank in Rangkasbitung, Banten, with total managed land of approximately 12,331 square meters. Founded in 2012 and headquartered in Tangerang, Banten, at Jl. Raden Fatah No. 62 Ciledug, the company, formerly PT Paku Bumi Sejahtera, changed its name in June 2015 and listed on the Indonesia Stock Exchange in September 2019. It serves customers nationwide through these integrated property offerings. In recent developments, BAPI reported a net loss of Rp 2.2 billion for the third quarter of 2025, up from Rp 1.5 billion the prior year, with nine-month revenue at Rp 1.2 billion; trading of its shares has been suspended, and it continues planning asset sales including land in Rangkasbitung valued at Rp 211.9 billion to bolster working capital, amid ongoing financial reports through September 2024 and annual general meetings in 2024 and 2025.