Integrated Sports Business Revenue Shows Promise
Sports business is more promising than hotels and apartments, suggesting property developers should seize this opportunity. This is exemplified by PT Mitrasraya Adhijasa, a Jakarta Selatan apartment owner and subsidiary of IFG Life Insurance. The company is part of the state-owned enterprise group under Indonesia Financial Group (IFG), a holding company managed by the state asset management institution, Danantara. “After the pandemic, public enthusiasm for sports has been high. Compared to property, sports centres generate good revenue, contributing up to 70% of our income. Therefore, we aim to enhance our facilities,” said Nyoman Wahyuti, President Director of Mitrasraya Adhijasa, Jakarta, Saturday (30 May). The company inaugurated Premier Court Mitrasraya, marking the reopening of its upgraded tennis court, located behind Cilandak Town Square (Citos) shopping mall. Premier Court is an integrated sports facility offering seamless access to swimming pools, futsal courts, badminton courts, and Cilandak Hotel & Apartments within a single complex. Following renovations, Premier Court now features premium-standard tennis courts, with modern additions including canopies to protect players from rain and sun, and shower facilities in male and female toilets. The facility boasts a 15,000-square-metre parking area capable of accommodating around 500 vehicles. PT Diamond Citra Propertindo Tbk (DADA) has affirmed its business strategy focused on value creation and project quality following the receipt of IMHA. Legal compliance forms the foundation for property business operations in Bali, with integrity prioritised in local business performance. Navara offers three-storey elegant homes with five bedrooms, four bathrooms, and two carports, ideal for large families and new generations. Sinar Mas Land has launched Iconix Infinite, introducing European Luxury Architecture concepts. Strategic locations and green areas are key factors in choosing residences for living and investment.