In Indonesia, which has experienced remarkable growth in recent years, we established the local subsidiary PT. TOKYU LAND INDONESIA. It runs a condominium and detached housing business and a serviced apartment business.
Business Expansion in Indonesia
We made our first foray into Indonesia in the year 1975.In those days, the political uncertainty made social conditions in Indonesia unstable. Despite this adversity, we steadily developed our businesses and have performed well over the years, building up a sound reputation. To date, we have sold a cumulative total of nearly 4,500 detached houses.
Today, Indonesia is undergoing remarkable economic development. Nearly 40 years after we first entered the country, we established a new local subsidiary named PT.
TOKYU LAND INDONESIA in 2012 to cater to the needs of the growing wealthy class and Japanese business travelers
Drawing upon on our broad base as a comprehensive developer operating in Japan, we have been involved in the development of the Setiabudi Sky Garden upscale condominiums and the AXIA South Cikarang hotel residence for resident officers. Two projects for developing large-scale condominiums, BRANZ BSD and BRANZ Simatupang (construction to be started in FY2015), are also in progress. Moving forward, we will continue to pursue environmentally friendly development and business expansion, making it a point to contribute to the development of Indonesia.
Location: Bumi Serpong Damai DistrictBRANZ BSD
Site area: Approx. 53,000m2
Total number of units: Approx. 3,000（tentative）
Commencement of construction: September 2015
Location: South Jakarta, Jakarta Special RegionBRANZ Simatupang
Site area: Approx. 15,000m2
Total number of units: 381（tentative）
Commencement of construction: FY2015（tentative）
Location: Bekasi, West Java ProvinceSAKURA REGENCY3
Site area: 112,553m2
Use: Detached houses for sale
Total number of units: 467
Start of supply: August 2015
Setiabudi Sky Garden
Location: South Jakarta, Jakarta Special RegionSetiabudi Sky Garden
Site area: 15,245m2
Total number of units: 586
PT. TOKYU LAND INDONESIA
THE PLAZA OFFICE TOWER, 19TH.FL, JL. MH. THAMRIN KAV. 28-30, JAKARTA 10350, INDONESIA
TEL:+62 21 2992 0109