Agung Podomoro Group, a property giant with more than 40 years of development under its belt, is a leading force in Indonesia’s property industry. The company was established in 1969 as a subsidiary of PT. Sunter Agung, also a real estate developer. Holding a substantial interest in real estate and property development, both companies and their subsidiaries have gained a solid reputation with an impressive track record of various sterling projects that include residential developments of housing, apartment and townhouse; commercial developments of mall and shophouse; and innovative multi-purpose superblock developments in strategic business districts.
In the course of its growth, Agung Podomoro has taken over several real estate development companies facing financial problems in Sunter, North Jakarta. In total, the Group has developed over 500 hectares of land into residences, warehouses and industrial estates.
Since the early 1990s, the Group has expanded its business portfolio to other areas in Jakarta, Bandung, Bogor, Kerawang, Balikpapan and Bali.