- CEO
- Sugianto Kusuma
- Full Time Employees
- 274
- Sector
- Real Estate
- Industry
- Real Estate - Development
- Address
- Agung Sedayu Group Office Tower Jakarta Indonesia 15720
- IPO Date
- Sep 18, 2018
- Business
- PT Pantai Indah Kapuk Dua Tbk operates primarily as a property developer in Indonesia, developing, leasing, and selling commercial land plots; commercial properties including shophouses, small offices, home offices (SOHO), warehouses; and residential landed houses. The company also provides cold storage and freezing services and processes fishery products through its subsidiary PT Windublambangan Sejati. Additionally, it offers management consulting services. Founded in 2000 and headquartered in North Jakarta, the company was formerly known as PT Pratama Abadi Nusa Industri Tbk before changing its name to the current one in July 2023. It operates under the umbrella of its parent company, PT Multi Artha Pratama.
Recent major developments include a strategic expansion in the property sector with significant investment plans amounting to approximately IDR 40 trillion for the development of the Pantai Indah Kapuk Dua area, recognized as a National Strategic Project. The company completed the acquisition of seven new subsidiaries, adding 12 property projects, which contributed to a substantial increase in marketing sales, recorded at a 180.89% growth in the first quarter of 2024. Additionally, PANI is planning a rights issue to raise capital to strengthen its ownership in subsidiaries, including PT Bangun Kosambi Sukses Tbk. The company reported a strong financial performance with a 96.76% growth in net profit and 274% revenue growth in 2023, driven primarily by the sales of landed residential houses. In 2025, the company revised its marketing sales target from IDR 5.3 trillion to IDR 4.3 trillion due to market adjustments but continues to focus on robust project development and operational expansion.
PT Pantai Indah Kapuk Dua Tbk's business segments include real estate development, commercial property leasing and sales, fishery product processing, cold storage logistics, and consulting services, serving a broad base of residential, commercial, and industrial customers in Indonesia. Its property development focus spans upscale residential and commercial complexes concentrated in Jakarta and its surrounding regions, emphasizing integrated township projects with modern infrastructure and amenities. The company maintains strategic partnerships with notable groups such as Agung Sedayu Group and Salim Group to enhance its market position and project portfolio.
This diversified business model and ongoing expansion initiatives position PT Pantai Indah Kapuk Dua Tbk as a significant player in Indonesia's real estate and property development industry, supported by its operational experience since 2000 and substantial financial backing to fuel long-term growth.
The company's comprehensive offerings, coupled with recent strategic acquisitions and capital raising efforts, highlight an active corporate strategy aimed at leveraging market opportunities and expanding its footprint in Indonesia’s dynamic property sector.