Lippo Group is one of the largest property developers in Indonesia that owns a number of companies in different industries. It’s sometimes referred to as PT Lippo Karawaci Tbk and owns many real estate subsidiaries including Lippo Village, Lippo Homes, Lippo Malls, Cinemaxx and more.
Notably, it’s not only one of the biggest, but one of the oldest property developers in Indonesia, founded in 1950. It’s previously been ranked among the 50 best companies in Indonesia by Forbes.
Lippo Group is owned by Mochtar Riady and his family, he’s currently the 9th richest person in Indonesia. The company was ranked among the 10 best developers in Southeast Asia.
Property types
Lippo Group develops different types of property in Indonesia, including hospitals, universities, malls, hotels, and residentials. They are known for their large scale residential projects like Lippo Village.
Residential projects include both housing projects and high rise apartments.
Current projects
Lippo Cikarang
Lippo Village
Tanjung Bunga
Nine Residence
Holland Village
Future projects
Kemang Village
The St. Moritz Penthouses & Residences
City of Tomorrow
Park View Apartments
Prices & Areas
a. The price of a 287 square meters house in the Lippo Cikarang is around USD 200.000
b. The price of one bedroom apartment in the Nine Residence is around USD 75.000
c. The price of a two bedroom apartment in Holland Village is around USD 250.000
Source: https://lippogroup.com/