Anhar Sudradjat: MTLA profit fell in 2025, Q1 2026 begins to stabilise
JAKARTA – PT Metropolitan Land Tbk (MTLA) acknowledged its sales decline over the 2024–2025 period. However, entering 2026, the company sees market conditions beginning to stabilise, particularly supported by the mid-market segment.
President Director Anhar Sudradjat said that in the first quarter of 2026, sales performance has remained relatively stable and has not shown further decline.
“From 2025 to 2026, particularly in the first three months, it can be said that it has not declined. It remains solid, and we expect it to stay that way,” Anhar said in an exclusive interview on the “Meet The CEO” programme at M Gold Tower in Jakarta on Tuesday (14/4).
“Meet The CEO” is an exclusive interview programme by IDNFinancials.com in collaboration with Suara.com.
During the session, Anhar was interviewed by the editors-in-chief of IDNFinancials.com, Mohamad Teguh, and Suara.com, Suwarjono.
He acknowledged that global uncertainties, such as geopolitical conflicts and energy-related issues, including fuel, could pose downside risks to the property market going forward.
“However, the company hopes that conditions will not deteriorate significantly,” he said.
On the demand side, MTLA sees the mid-market segment, particularly lower middle-income buyers, as remaining the strongest.
This is driven by high demand for first homes, with buyers in this segment seen as more willing to make purchasing decisions.
Anhar noted that consumers in this segment tend to be more disciplined in repayments as long as they have stable income.
In addition, the large housing backlog in Indonesia continues to underpin demand.
Meanwhile, for higher-priced segments, such as homes priced above IDR 2 billion, demand is still present, particularly in premium locations.
However, location remains the key determinant of attractiveness and price perception.
“Liquidity is there, but confidence and location are crucial. In certain areas, IDR 2 billion may be considered cheap, while in others it may feel expensive,” Anhar said.
Given these conditions, he believes Indonesia’s property market still holds potential, particularly if supported by economic stability and sustained purchasing power among the middle class. (DK/ZH)
