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Trades about 21% above its sector, the market expects faster growth.
PT Jaya Real Property, Tbk., in conjunction with its subsidiaries, is actively engaged in developing residential communities and overseeing commercial real estate ventures throughout Indonesia. The company's operations are structured into two principal divisions: the Sale of Land and Buildings, and Rental and Other Services. Within the Sale of Land and Buildings segment, the focus is on urban planning and comprehensive property development, encompassing the acquisition, processing, maturation, and infrastructure development of land. Conversely, the Rental and Other Services segment is responsible for leasing retail complexes and urban areas, in addition to managing water utilities. The firm also expands its portfolio to include general trading, construction, property management, transportation services, and hotel operations. Established in 1979, PT Jaya Real Property, Tbk. is headquartered in Tangerang, Indonesia, and functions as a subsidiary of PT Pembangunan Jaya.
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