PT Saptausaha Gemilangindah Tbk is an Indonesia-based property development and real estate company that engages in the development, construction, sale, and management of residential townships, commercial properties, and land estates. The company operates primarily within the real estate and property development industry, focusing on master-planned urban communities and commercial hubs. Its core product and service portfolio encompasses master-planned township developments; landed residential housing units across entry-level to premium segments; commercial shophouses (ruko) and retail properties; subdivided residential and commercial land plots; mixed-use business district infrastructures; and property maintenance, utility administration, and estate management services. PT Saptausaha Gemilangindah Tbk is particularly recognized for its flagship integrated township development, Cibinong New City, strategically located in Bogor Regency, West Java, which incorporates residential clusters, central business district facilities, commercial avenues, and recreational spaces.
In recent developments, the company completed its Initial Public Offering on the Indonesia Stock Exchange in March 2023 under the ticker symbol SAGE, raising capital to accelerate land acquisition, township infrastructure construction, and working capital needs. Following the listing, the company has expanded its development pipeline through strategic partnerships, including joint development agreements with real estate developers such as Winner Group to execute dedicated housing clusters and commercial projects within Cibinong New City. In addition, the company has launched new residential clusters targeting middle-income to upper-income homebuyers in the Greater Jakarta commuter belt, while simultaneously expanding its commercial zoning and road infrastructure to enhance connectivity with regional transport hubs and toll roads in West Java. Founded in 1992, PT Saptausaha Gemilangindah Tbk is headquartered in Jakarta, Indonesia, and directs its operations toward individual homebuyers, commercial business owners, and property investors across Indonesia.