LPCK LAUNCHES NEWVILLE TO BOOST PRESALES TARGET OF IDR 1.45 TRILLION
Jakarta, November 22, 2022 – PT Lippo Cikarang Tbk. (LPCK), a subsidiary of PT Lippo Karawaci Tbk. (LPKR), recorded presales of IDR 385 billion in Q3/2022, marking a 33% increase compared to Q2/2022. Cumulatively, from January to September 2022, LPCK has achieved IDR 1 trillion in presales, equivalent to 69% of its full-year target of IDR 1.45 trillion. This solid performance also has a positive impact on LPKR, the parent company holding 84% ownership in LPCK.
To accelerate the achievement of its presales target, LPCK launched a new five-story vertical residential project named Newville, located within the Lippo Cikarang township. The development is supported by a complete ecosystem of facilities, including schools, shopping centers, sports areas, and hospitals. Strategically situated in the Eastern Jakarta Corridor, Newville offers excellent accessibility via three toll gates—Cibatu Toll Gate at KM 34+700, Central Cikarang Toll Gate at KM 37, and West Cikarang Toll Gate at KM 31—as well as convenient access through the industrial zones stretching across the corridor.
Newville apartments are available in three unit types:
Superior (24.35 m²) starting from IDR 279 million,
Deluxe (28.96 m²) starting from IDR 333 million,
Suite (40.75 m²) starting from IDR 467 million.
LPKR Group CEO John Riady shared that LPKR has maintained strong presales performance throughout January to September 2022, reaching IDR 3.5 trillion, largely driven by sales in Lippo Village and Lippo Cikarang, which contributed 43% and 29% respectively to the total.
Looking ahead to Q4/2022, LPKR plans to launch additional residential clusters, new low-rise projects with unique and modern concepts, new apartment projects in strategic locations, and to further drive demand for ready-to-occupy high-rise units.
