Property Market Rebound Gains Momentum, LPKR Strengthens its Position Through Innovation and Market Confidence

Jakarta, October 16, 2025 — The Central Executive Board (DPP) of the Real Estate Indonesia Association (REI) reported that investment realization in the property sector reached IDR 75 trillion during the first half of 2025. REI Chairman Joko Suranto noted that market conditions have begun to improve, reinforcing optimism that the real estate industry will continue to accelerate throughout the second half of the year.

In line with this investment performance, the real estate market grew by 3.71% during the January–June 2025 period, followed by the construction sector, which expanded by 4.98%. Meanwhile, property lending recorded growth of 7.62% as of July 2025.

According to REI, the combination of rising investment, market expansion, and robust banking support provides strong evidence that the property sector remains a key driver of Indonesia’s national economic growth.

Amid this positive momentum, PT Lippo Karawaci Tbk (LPKR), a leading real estate and healthcare services platform in Indonesia, through LippoLand, reaffirmed its commitment to supporting national economic growth by providing housing solutions that are relevant to a wide range of market segments.

From young families to the upper-middle segment, LippoLand offers a diverse portfolio of projects, including Cendana Suites, XYZ Series, Q Livin, Blackslate Homes, The Hive Series, Belmont Homes, Bentley Homes, and The Allegra, located across key developments such as Park Serpong, Lippo Karawaci, Lippo Cikarang Cosmopolis, and Tanjung Bunga Makassar.

Group CEO of Lippo Indonesia, John Riady, added that despite ongoing global economic challenges, the Company’s performance remains resilient. As of the first half of 2025, LPKR has achieved 40% of its IDR 6.25 trillion presales target. This achievement demonstrates sustained public interest in property, while also reflecting strong consumer confidence in the Company’s quality standards and commitment to timely project handovers.

On the financial front, revenue from the real estate segment increased by 51% year-on-year to IDR 3.46 trillion, supported by the handover of landed, vertical residential, and commercial units across several projects. Meanwhile, EBITDA remained stable at IDR 526 billion, underscoring the Company’s ability to deliver projects on schedule.

With extensive strategic land reserves—370 hectares in Lippo Village, 485 hectares in Lippo Cikarang Cosmopolis, 342 hectares in Tanjung Bunga Makassar, and 165 hectares across other high-potential locations—the Company is well-positioned for long-term growth.

With an optimistic outlook, LPKR—through LippoLand—will continue to closely monitor global developments and proactively manage risks. The Company remains confident in the bright prospects of Indonesia’s property market, particularly driven by younger generations who are set to become key engines 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 holds 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.