Pikko Land says 1.8-hectare Signature Park Grande land bank used temporarily for parking, seeks third-party deal

Reuters2026/09/14 09:21

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Pikko Land responded to an Indonesia Stock Exchange query, flagging weak high-rise market conditions as delaying key project launches.
Hampton Lebak Bulus permits are ready, but construction timing remains uncertain; the company is developing a marketing gallery for early positioning.
Signature Park Grande residual apartment sales run about 2-3 units per month in 2026.
A 1.8-hectare vacant land bank is held under a joint operation, carried at IDR 132.45 billion; options include third-party development or disposal.
Commercial leases at Hampton total IDR 34.42 billion across three tenants, with terms running five to 10 years starting in 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PT Pikko Land Development Tbk published the original content used to generate this news brief via Indonesia Stock Exchange (IDX) (Ref. ID: 32148315) on September 14, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Pikko Land says 1.8-hectare Signature Park Grande land bank used temporarily for parking, seeks third-party deal

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