JAKARTA - PT Summarecon Agung Tbk (SMRA) has bagged Rp 3.05 trillion in marketing sales as of August, 76.25% of this year’s target of Rp 4 trillion.
“Our marketing sales as of August 2019 are Rp 3.05 trillion. We have Rp 950 billion remaining,” Summarecon CEO Adrianto Pitoyo Adhi told Bisnis Indonesia, Tuesday (17/9).
The Summarecon Serpong project was still the biggest contributor to the company’s marketing sales at Rp 11.55 trillion or 53%, while the rest was contributed by the marketing of township projects in Kelapa Gading, Bekasi, Karawang, Bandung, and Makassar.
Mr Adhi added that the company is optimistic that this year’s target will be achieved due to the positive growth of the property industry after the 2019 general election. “In addition, most of the sales in the property industry are now being absorbed by end users while investors tend to hold back,” he said. (MS)