Company Profile
The Company was established in 2010 in Indonesia as a limited liability (perseroan terbatas) holding company that focuses on commercial properties, particularly retail malls, offices and hotels through its own operations and operating subsidiaries and associates. The Company and its subsidiaries (the “Group”) is a fast growing investment property and management business in Indonesia. The Group is known for its high quality and reputable retail malls, office buildings, hotels and other retail properties, which are strategically located in townships across several cities in Indonesia. These townships are established by its parent company, PT Summarecon Agung Tbk. The Group's commercial properties, including malls, offices and hotels, are strategically located within the respective townships in Jakarta, Bekasi, South Tangerang, Karawang, Bandung and Bali.
The key operating properties in the Group's portfolio includes:
VISION & MISSION
Group’s vision is to create spaces that enable the community to share lifestyle experiences and build lifelong relationships.
The Group's mission is to create innovative lifestyle experiences that will increase the economic values of its stakeholders, build committed and well-adapted teams which are focused on delivering values to our customers, and contribute actively to the community.
THE GROUP’S PROPERTY PORTFOLIO
Shopping Malls and Other Retail Properties
Summarecon Mall Kelapa Gading is located in Kelapa Gading, a district in North Jakarta. It is an upper-middle-class shopping centre with a fashion, food and entertainment concept that complements the demographics of its township. The mall was built and expanded in several phases from 25,000 sqm in 1990 to 150,000 sqm in 2006, which resulted in the mall having 4 different wings by 2006. Further extensions, namely La Piazza and Gading Food City (Gafoy) were built in 2004 and 2007 respectively.
Summarecon Mall Kelapa Gading attracted more than 28 million visitors in the year ended 31 December 2023. Summarecon Mall Kelapa Gading houses La Piazza and Gafoy, which are concepts located in the mall that provide visitors with experiences beyond shopping. La Piazza and Gafoy are open-air shopping galleries that offers experiential activities like live performances, lifestyle and well-being events, and festive celebrations. With more than 20 cafes and restaurants, the place offers a vast array of cuisine from the trending local coffee culture to casual dining.
Summarecon Mall Kelapa Gading is easily accessed via the toll road and public transport (being the Light Rapid Transit). In August 2021, another major toll road connecting Jakarta with Bekasi was completed, providing another convenient access to visitors from Jakarta. The mall also has adequate parking facilities of more than 4,000 parking lots.
Summarecon Mall Serpong is located in South Tangerang City. It adopts a “family mall” concept, and houses more middle-class tenants to cater to the demographics of its township and other housing developments in the Serpong municipality. Established in 2007, it has now expanded into a shopping centre of 115,000 sqm, spanning across two wings.
The mall offers regular experiential activities and events. In FY2023, it attracted more than 25 million visitors. The mall offers a loyalty program to its patrons via a mobile application specific to Summarecon Mall Serpong and runs regular mall-wide events and promotions. Through the same mobile application, it allows customers of a certain loyalty tier to reserve parking spaces prior to their visit.
Summarecon Mall Serpong is easily accessed via toll roads and public transport, including by the Transjakarta bus services. The mall also has adequate parking facilities of more than 3,000 parking lots.
Located near Summarecon Mall Serpong is Scientia Square, which serves as a hub for educational activities. It is an education-focused concept mall offering various educational programs with subjects including engineering, math, coding and sports. The mall also provides recreational facilities, such as a safari with petting animals, adventure zones for children and the first outdoor roll glider in Serpong.
Scientia Square consists of the following complexes:
Scientia Square is located in close proximity to two private universities as well as the residential properties in the Serpong township managed by the Parent Company. The strategic location enables Scientia Square to attract consistent customer traffic. The key tenants of Scientia Square are Kipina Kids Indonesia, Al Azhar Islamic Elementary School, Playfield Kid’s Academy, which contributes to stable revenue in respect of this property.
Summarecon Mall Bekasi is located in Bekasi, a municipality east of Jakarta. It also adopts the “Family Mall” concept and serves as a mid-range shopping centre catering to the demographics of the city and other residential developments in Bekasi. The mall was first opened in 2013 and spans an area of 77,000 sqm. With regular promotional activities and entertainment attractions in the mall’s Downtown Walk area, the mall attracted more 21 million visitors in the year ended 31 December 2023. The mall offers a loyalty program to its patrons via a mobile application specific to Summarecon Mall Bekasi, and runs regular events and promotions mall-wide. Through the same mobile application, customers of a certain loyalty tier are allowed to reserve parking spaces prior to their visit.
The mall is undergoing an expansion and will increase by a further 87,000 sqm to cater to the increasing needs of Bekasi residents and as the occupancy rate of the mall as at 30 June 2024 is close to 100%. The Group expects the expansion to be completed in the fourth quarter of 2025.
Summarecon Mall Bekasi is easily accessed via toll roads and public transport, including the Transjakarta bus service, the Light Rapid Transit from Jakarta to Bekasi, and the commuter train from Jakarta to Bekasi. The Group also provides shuttle service from the Bekasi Light Rapid Transit station to the mall. The mall also has adequate parking facilities of more than 3,000 parking lots.
CSummarecon Mall Bandung is located in Bandung city. The mall opened in January 2024 and adopts the same “Family Mall” concept. It is a mid-range shopping centre primarily targeted at catering to the needs of the city and other residential developments in Bandung municipality. The mall spans an area of 75,000 sqm, with a Downtown Walk alfresco dining concept and a live entertainment centre in the courtyard.
Summarecon Mall Bandung is easily accessed via toll roads and public transport. The mall is also located near the Tegalluar Summarecon Station, which is the station for the high-speed rail between Jakarta and Bandung. The Group also provides shuttle service from the Tegalluar Summarecon Station to the mall. Accessibility to Summarecon Mall Bandung will be further enhanced when key infrastructure projects like the entry-exit point from the Padaleunyi Toll Road and Bandung Intra-Urban Toll Road (City Ring Road) are completed. The mall also has adequate parking facilities of more than 1,500 parking lots.
Samasta Lifestyle Village is located in Jimbaran, Bali. It has a variety of selected retail tenants, including fashion stores, spa and nail salon, and dining options, which encapsulates the latest lifestyle trends amidst a traditional Balinese environment. It spans an area of 5,000 sqm and is situated within the village is the 5-star hotel, Movenpick Resort & Spa Jimbaran Bali. It is marketed as the retail hub of Jimbaran, Bali. A daily public shuttle bus connects popular tourist spots in Bali, such as Legian, Seminyak, Sanur, Jimbaran, Nusa Dua, South Nusa Dua, Ubud, to the mall.
Summarecon Villaggio Outlets is located in Karawang, Indonesia and is the newest mall in the Group's retail mall portfolio, and has commenced operations in October 2023. It is an outlet shopping mall in an European-style village setting and is the first outlet mall in Indonesia that offers international branded products at discounted prices. The village spans 20,000 sqm of retail space and offers more than 90 shops in a single-level and open-air space
Summarecon Villaggio Outlets is easily accessible by car from the Jabodetabek area via Sheikh Mohamed Bin Zayed (MBZ) Elevated Road and the Cipularang toll road from Bandung. The mall also has adequate parking facilities of more than 1,000 parking lots.
Board of Directors
Soegianto Nagaria
President Director
Ir. Willy Effendy
Director
San Budi
Director
Jemmy Kusnadi
Director
Board of Commissioners
Herman Nagaria
President Commissioner
Lexy Arie Tumiwa
Independent Commissioner
Goh Poh Heng
Independent Commissioner