Sinar Mas Land

Sinar Mas Land is one of the largest residential and commercial property developers in Indonesia. Founded in 1988, it’s also acquired two large property developers, Duta Pertiwi Tbk and Bumi Serpong Damai Tbk, that are currently under its umbrella.

Sinar Mas Land is a subsidiary of one of the largest companies in Indonesia, Sinar Mas Group. The founder and owner of Sinar Mas Group, Eka Tjipta Widjaja, is the second richest person in Indonesia by Forbes.

The company has won many awards, for example, the Special Recognition CSR Award and Best Retail Architecture Design Award for The Breeze Lifestyle Center by Property Report Development Awards in 2016.

In 2017, the CEO of the company, Michael Widjaja won the Real Estate Property Personality of the Year Award. It’s also ranked among the 10 best developers in Southeast Asia.

In addition to Indonesia, they’ve also developed a number of residential projects in China.

Property types
Include all types of residential and commercial projects: City & townships, residential housing projects, apartments and high-rise buildings, commercial & industrial buildings, shopping malls, trade centers, exhibition centers, hotels, golf courses and resorts.

Current projects
BSD City
Grand Wisata
Taman Permata Buana
Grand City
South Gate
The Element
Future projects
Sinar Mas Land is currently planning to develop high-end mixed-use projects in BSD City, Banten, and Tangerang, in a partnership with Mitsubishi.

They’re also planning to invest more than USD 500 million in the development of an integrated smart digital city in BSD in the coming years.

Prices & Areas
a. The price of a 3 bedroom house in Legenda Wisata is around USD 900.000

b. The price of a 3 bedroom apartment with private lift in Aerium is around USD 3.5 million

c. The price of a 3 bedroom house in Rumah Premium Suasana Asri is around USD 1.4 million