Landed Housing Continues to Dominate, LPKR Accelerates Sales Amid Strong Market Enthusiasm

Jakarta, November 12, 2025 – The latest data from Rumah123 shows that landed houses remain the top housing choice for Indonesians. As much as 62.4% of consumers continued to favor landed housing as their preferred residential type during the first half of 2025.

“Landed houses remain the public’s top choice. Demand far outpaces other property types,” said Marisa Jaya, Head of Research at Rumah123.

From a geographical perspective, Tangerang dominated the national market as the area with the highest demand for landed homes, contributing 16.8% of total demand, followed by South Jakarta (11.4%) and West Jakarta (9.8%). These figures reinforce Tangerang’s position as an increasingly attractive residential area, supported by improved transportation access and the development of new townships.

Rumah123 data also revealed that the 45–54 age group represented the largest segment of homebuyers in the first half of 2025, accounting for 26.5% of total demand. Marisa explained that this age group typically enjoys greater financial stability, enabling them to make major investment decisions such as purchasing a home.

Nevertheless, younger generations continue to play an important role. The 25–34 age group (late Gen Z and early Millennials) accounted for 25.5% of total demand, followed by the 18–24 age group at 21.3%.

According to Marisa Jaya, while purchasing power among younger buyers may not yet match that of older age groups, Gen Z and Millennials demonstrate strong enthusiasm for property ownership. This presents significant opportunities for industry players to tailor education, marketing strategies, and financing schemes that are more accessible to younger buyers.

Capitalizing on this positive momentum, PT Lippo Karawaci Tbk (LPKR), Indonesia’s leading integrated real estate and healthcare services platform, through LippoLand, continues to strengthen its presence by introducing new residential and commercial products in Park Serpong, Tangerang.

Despite ongoing macroeconomic challenges and fluctuating consumer purchasing power, LPKR recorded pre-sales of Rp4.02 trillion as of the third quarter of 2025, equivalent to 64% of the Company’s full-year target.

This performance was driven by strong demand for both affordable and premium landed homes, which accounted for 70% of total pre-sales. These products attracted both first-time homebuyers and end-users seeking high-quality homes with strong investment value. Two flagship developments—Park Serpong Phases 4 & 5 and Metropolis Marq Estate in Tangerang City—were the primary contributors to this achievement.

From a financial perspective, revenue from the real estate segment grew 74% year-on-year to Rp5.5 trillion, supported by timely unit handovers, while EBITDA reached Rp843 billion, reflecting operational efficiencies and optimal project execution.

Over the first nine months of the year, LPKR delivered a strong overall performance. The Company recorded net profit after tax (NPAT) of Rp368 billion, with revenue of Rp6.51 trillion and EBITDA of Rp997 billion. LPKR also maintained a solid liquidity position of Rp2.2 trillion, underscoring its sound and disciplined financial management.

“We are proud of our solid performance over the first nine months of the year, supported by timely product handovers and disciplined business execution,” said John Riady, CEO of the Lippo Indonesia Group.

“Our affordable housing strategy, complemented by premium developments, has proven effective in driving sales growth while strengthening our capital structure through ongoing deleveraging,” he added

About PT Lippo Karawaci Tbk

Listed on the Indonesia Stock Exchange, PT Lippo Karawaci Tbk (“LPKR”) is a leading real estate and healthcare services platform in Indonesia, with a presence in 26 provinces and 56 cities nationwide and total assets of Rp53.7 trillion as of December 31, 2024. The Company’s core businesses include real estate development, township management, healthcare services, lifestyle retail malls, and hospitality.

As a leading real estate developer and township operator with 1,362 hectares of ready-to-develop land, LPKR develops and manages urban developments primarily in Java and Sulawesi, including its flagship Lippo Village in Tangerang. Through two listed subsidiaries—PT Lippo Cikarang Tbk and PT Gowa Makassar Tourism Development Tbk—in which the Company holds 90.65% and 62.69% ownership stakes respectively, LPKR also develops and manages Lippo Cikarang in Bekasi and Tanjung Bunga in Makassar.

In addition, LPKR holds 29.09% ownership in PT Siloam International Hospitals Tbk, Indonesia’s leading private hospital network, comprising 41 hospitals and 73 clinics across 23 provinces. Beyond healthcare, the Company also manages 59 malls nationwide and holds a 47.29% stake in Lippo Malls Indonesia Retail Trust, a Singapore-listed REIT with assets under management of SGD 1.6 billion as of December 31, 2024. The Company also operates 10 Aryaduta-branded hotels, as well as country clubs and golf courses.