LPKR, Through Lippoland, Supports National Economic Growth Amid Positive Property Market Trends This Year

Jakarta, October 27, 2025 – According to Indonesia Property Watch CEO Ali Tranghanda, the property sector is beginning to show renewed growth potential. In the third quarter of this year, Mr. Tranghanda noted an increase in market activity, particularly in the IDR 1–2 billion property segment. He highlighted that homes priced between IDR 1–2.5 billion emerged as the most sought-after segment during the quarter.

Mr. Tranghanda also pointed to several government policies expected to improve overall market conditions, including a capital injection of IDR 200 trillion from the Ministry of Finance into state-owned banks (Himbara). “Funds channeled to Himbara are expected to help drive economic circulation. There are also quite a number of property-related stimulus measures in place, which we hope will lead to better year-on-year market performance,” he said.

Support for the property market is also reflected in research data from Rumah123.com, which identified Tangerang as the most preferred location for homebuyers from July to September 2025. In July 2025, listing enquiries for houses in Tangerang accounted for 16.8% of total national housing enquiries.

In August 2025, Tangerang once again ranked as the most popular location, capturing 15.7% of total demand nationwide. Meanwhile, in September 2025, Tangerang’s share stood at 15.0% of total listing enquiries for houses in Indonesia. Overall, Tangerang consistently recorded the highest proportion of buyer interest throughout the July–September 2025 period.

In anticipation of this positive momentum and the property sector’s growth potential, PT Lippo Karawaci Tbk. (LPKR), a leading real estate and healthcare services platform in Indonesia, through its property arm LippoLand, reaffirmed its commitment to supporting national economic growth by providing housing options tailored to various segments of society.

Targeting a broad demographic range—from young families to the upper-middle class—LippoLand offers a diverse portfolio of projects, including Cendana Suites, the XYZ Series, Q Livin, Blackslate Homes, The Hive Series, Belmont Homes, Bentley Homes, and The Allegra, located across prime developments such as Park Serpong, Lippo Karawaci, Lippo Cikarang Cosmopolis, and Tanjung Bunga in Makassar.

Lippo Group CEO John Riady stated that with extensive and strategically located land reserves—approximately 370 hectares in Lippo Village, 485 hectares in Lippo Cikarang Cosmopolis, 342 hectares in Tanjung Bunga Makassar, and 165 hectares across other high-potential areas—the Company has a strong foundation to support long-term growth.

With a spirit of optimism, LPKR—through LippoLand—emphasized that it will continue to closely monitor global dynamics while proactively managing risks. The Company remains confident in the long-term prospects of Indonesia’s property market, particularly driven by the younger generation, which is expected to become a key engine of future growth.

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 across 26 provinces and 56 cities nationwide and total assets of IDR 53.7 trillion as of December 31, 2024. The Company’s core businesses include real estate development, township management, healthcare services, lifestyle shopping malls, and hospitality.

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

In addition, LPKR owns a 29.09% stake in PT Siloam International Hospitals Tbk, Indonesia’s leading private hospital network, operating 41 hospitals and 73 clinics across 23 provinces nationwide. Beyond healthcare, the Company manages 59 malls across Indonesia and holds a 47.29% interest 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 hotels under the Aryaduta brand, as well as country clubs and golf courses.