Indonesian Political, Business & Finance News

Three Autonomous Cities Drive Paramount Land Performance

| | Source: MEDIA_INDONESIA Translated from Indonesian | Business

ENTERING its twentieth anniversary in 2026, property listed company Paramount Land has set an ambitious presales (marketing sales) target of Rp5.5 trillion. This figure reflects the company’s confidence following its ability to maintain solid performance throughout 2025 despite facing fluctuating domestic economic dynamics.

Paramount Land’s President Director, M. Nawawi, revealed that achieving this twentieth anniversary milestone is the result of strategic synergy and consistency in developing township areas. “Our strength stems from successfully developing Paramount Gading Serpong, which we then expanded further through the Paramount Village Semarang project and Paramount Petals, which is now growing dynamically,” Nawawi said in Jakarta on Thursday, 26 February 2026.

This year’s marketing sales target is supported by product sales across two main autonomous city areas: Paramount Gading Serpong and Paramount Petals. At Gading Serpong, the developer will launch a new commercial district called Victoria District on 10 hectares of land.

Meanwhile, at Paramount Petals, development will focus on a combination of residential and commercial products. As of February 2026, Paramount Petals has recorded significant construction progress.

Connectivity has become an important milestone for Paramount Petals in Jakarta’s western corridor. The realisation of direct toll access from Jakarta-Tangerang at KM 25 has now entered the stage of Functional Suitability Testing (ULF) and Operational Suitability Testing (ULO) with an operational target in mid-2026.

Paramount Land Director Norman Daulay emphasised that the development of this toll road is a company initiative to address congestion and flooding issues in the area. “The compensation is an increase in property sales value at strategic points,” added Nawawi.

Paramount Land is also strengthening the sustainable living ecosystem by targeting a 3 per cent annual increase in recurring income. To realise this, the company is allocating capital expenditure (capex) of Rp800 billion.

Several key projects that will become recurring revenue engines are included in the company’s strategic roadmap.

Paramount Land’s optimism is supported by Bank Indonesia survey results showing residential property sales in the primary market grew 7.83 per cent year-on-year in the fourth quarter of 2025. Interest rate reductions and government incentives are the main drivers of purchasing power in 2026.

With construction capacity reaching 1,600 to 1,800 units per month at peak periods, Paramount Land is optimistic about achieving the target that was previously revised downwards in the previous year due to global and domestic economic dynamics.

View JSON | Print