Estimated achieved average gross rentals

0102* QoQ** Changes YoY*** Changes

US$ per sqm Rp per sqm in in in in

per month per month US$ term Rp term US$ term Rp term --------------------------------------------------------------------------------------------- Serviced apartments 17.3 198,500 -0.6% 9.3% -3.5% 26.4% Purpose built rental aparments: -Prime area 13.9 159,500 -0.5% 10.6% 1.8% 33.4% -Secondary area 9.3 106,500 -2.1% 7.7% -4.5% 25.1% Condominiums for lease -Prime area 8.5 97,000 -3.0% 6.7% -7.2% 21.6% -Secondary area 5.7 65,000 -6.0% 3.4% -16.6% 9.3% ---------------------------------------------------------------------------------------------

*O1Q2 (US$=Rp 11,440) **01Q1=Rp 10,400 ***00Q2 (US$=8,375

Source: Procon Strategic Advisory Group