PT Alam Sutera Realty Tbk · IDX:ASRI
PT Alam Sutera Realty Tbk — Investor Presentation (November 2021)
30 slides from PT Alam Sutera Realty Tbk's investor presentation, November 2021
Slide 1: PT Alam Sutera Realty Tbk Company Presentation
PT Alam Sutera Realty Tbk Company Presentation November 2021
Slide 2: Our Company
Our Company Township Development Apartments and Offices Property Investment Operational Data Financial Performance
Slide 3: Key Milestones
Key Milestones More than 20 years track record in township development Acquired Issued USD 245 mm development bonds due in 2022 to rights for refinance USD 225 mm extensive bonds areas in Launched Taman Serpong Narada cluster at Alam Signed a cooperation Sutera township agreement with China Fortune
Slide 4: Corporate Business and Structure
Corporate Business and Structure The Ning King Family PT Tangerang Fajar Industrial PT Manunggal Prime Public Estate Develoment 25.72%* 13.68%* 60.60%* Landed Commercial Garuda Wisnu Kencana Township Apartments Office Towers Shophouses Retail Houses land lots (GWK) __________________________________
Slide 5: Management Team
Management Team Board of Commissioners Board of Directors Haryanto Tirtohadiguno Joseph Sanusi Tjong President Commissioner President Director Angeline Sutedja Lilia Setiprawarti Sukotjo Commissioner Director Pingki Elka Pangestu Independent Commissioner RM Frangky AD Director The Nicholas Commissio
Slide 6: Portfolio Overview
Portfolio Overview Focus on residential and commercial development in western part of Jakarta and Bali JAKARTA CAPITAL REGION The Tower – Office Building BALI Wisma Argo Manunggal – Office Garuda Wisnu Kencana (“GWK”) – Cultural Park Building GWK The Tower The Prominence Kota Ayodhya TANGERANG AREA
Slide 7: Township Development
Our Company Township Development Apartments and Offices Property Investment Operational Data Financial Performance
Slide 8: Township Location
Township Location The construction of Kunciran – Soekarno Hatta Toll road has already been completed in April 2021 Legend: Under construction Completed
Slide 9: Alam Sutera Township Price Trend
Alam Sutera Township Price Trend Commercial Residential IDR mm psm IDR mm psm 18 16.8 26 25.0 25.0 24 16 15.5 22.0 14.9 14.9 22 14.7 20.0 20.0 20 14 18 16 12 14 12 10 10 2016 2017 2018 2019 2020 2016 2017 2018 2019 2020 Growing commercial area and strategic location to continue price appreciation go
Slide 10: Suvarna Sutera Township
Suvarna Sutera Township Suvarna Sutera Master Plan Project Overview • Suvarna Sutera Township is the second township from Alam Sutera, located at Pasar Kemis, Tangerang, 15 km away from Alam Sutera. The Company has developer license covering 2,600 ha area. Phase one development is ±900 ha. C Project
Slide 11: Suvarna Sutera Township Price Trend
Suvarna Sutera Township Price Trend Residential (Suvarna Padi) Residential (Suvarna Sutera) IDR mm psm IDR mm psm 7 6 5.8 5.5 5.3 6.0 6.0 6.0 6 5 4.7 4.2 5.5 4 6 5.2 3 5 2 5 1 4 0 2016 2017 2018 2019 2020 2016 2017 2018 2019 2020 Huge potential to replicate the growth achieved in Alam Sutera Townshi
Slide 12: Apartments and Offices
Our Company Township Development Apartments and Offices Property Investment Operational Data Financial Performance
Slide 13: Apartment Project: Paddington Heights
Apartment Project Paddington Heights Overview Paddington Heights Apartment Land Site Area : 9,000 sqm Semigross Area : 33,090 sqm Launch date : May-13 Marketing sales (as of Sept'21) : IDR 584 bn Project Image
Slide 14: Apartment Project: Ayodhya Residence
Apartment Project Ayodhya Residence Location Project Overview Ayodhya Residence Land Site Area : 21,230 sqm Apartment : 137,947 sqm Launch date : Feb-14 Marketing sales (as of Sept'21) : IDR 1.1 tn Project Image
Slide 15: Apartment Project: Elevee Penthouses and Residences
Apartment Project Elevee Penthouses and Residences Project Image Project Overview Elevee Penthouses and Residences Land Site Area : 40,000 sqm Launch date :1Q 2021 Marketing sales (as of Sept'21) : IDR 533bn
Slide 16: Low-Rise Apartment Project: Lloyd
Low- Rise Apartment Project Lloyd Location Project Overview Lloyd Land Site Area : 40,000 sqm Launch date : Apr-18 Marketing sales (as of Sept'21) : IDR 1.2 tn Project Image
Slide 17: Office Tower Project: The Prominence
Office Tower Project The Prominence Project Overview The Prominence Office Tower Land Site Area : 13,981 sqm Semigross Area : 50,882 sqm Launch date : Feb-13 Marketing sales (as of Sept'21) : IDR 405 bn Project Image IDR mm psm 23 22 22 22 22 21 21 19 17 15 2016 2017 2018 2019 2020
Slide 18: Office Tower Project: The Tower
Office Tower Project The Tower Project Overview and Location The Tower Land Site Area : 9,522 sqm Semigross : 56,491 sqm Launch date : Feb-13 Marketing sales (as of Sept''21) : IDR 351 bn
Slide 19: Property Investment
Our Company Township Development Apartments and Offices Property Investment Operational Data Financial Performance
Slide 20: Property Investment
Property Investment Mall @ Alam Sutera Wisma Argo Manunggal (WAM) Front View Mall @Alam Sutera Wisma Argo Manunggal Leasable area : ± 67.369 sqm (extendable) Location : Jl. Jend. Gatot Subroto Kav. 22 Height : 5 floors (3 retail floors, 2 parking floors) Acquired from : PT Daya Sakti Perdika Parking
Slide 21: Garuda Wisnu Kencana
Office Tower Project Garuda Wisnu Kencana Overview Tourism in Bali • A private cultural park on the Bukit Peninsula at the southern • Named as the global winner of 2017 Travelers’ Choice Awards for end of the island of Bali in Indonesia, 15 minutes from Ngurah destinations by TripAdvisor. Rai Intern
Slide 22: Operational Data
Our Company Township Development Apartments and Offices Property Investment Operational Data Financial Performance
Slide 23: Marketing Sales and Capex
Marketing Sales and Capex Historical Marketing Sales Payment Profile In IDR bn Payment Profile Cash Hard Cash Mortgage 5,000 8M2021 Installment 4,292 Alam Sutera 9% 46% 45% 4,500 Suvarna Sutera 6% 10% 84% 4,000 Consolidated 8% 31% 61% 1,049 3,500 3,112 2,794 3,000 335 Historical Land Capex 321 2,278
Slide 24: Recurring Income
Recurring Income We expect a flat growth recurring income this year 600 511 500 437 161 400 329 106 29 300 227 186 218 174 179 200 2 26 4 102 10 11 91 100 1 104 113 122 3 60 80 - 2018 2019 2020 1H2020 1H2021 Tow n managem ent Recreation and sports Rent & Other Hospitality Touris m / GWK
Slide 25: Financial Performance
Our Company Township Development Apartments and Offices Property Investment Operational Data Financial Performance
Slide 26: Financial Highlights
Financial Highlights Income Statement Balance Sheet and Financial Ratios Description 9M2021 9M2020 % Change Description 9M2021 2020 (in IDR bn) (in IDR bn) Revenue 1,771.9 1,104.5 60% Cash and cash equivalents 837.3 624.7 Total Asset 21,701.1 22,853.6 Gross Profit 916.6 505.4 81% % of Rev 52% 46% To
Slide 27: Financial Highlights: Debt Maturity Profile and Bond Details
Financial Highlights Debt Maturity Profile Bond Details In USD mm Description 2025 Bonds 2024 Bonds 2022 Bonds 300 250 Paid USD 251 mm USD 171.4 mm USD 24 mm 6.625% 9 6.25% p.a (for first Notes 6% interest p.a (for interest p.a. Senior year) first year) due 2024 Notes due 2022 200 due 2025 8 150 232
Slide 28: Awards
Awards 2013 2014 2015 2016 2017 2018 IFLA APR Awards The Big 15 – Indonesian Nomination of Best Township Corporate Secretary Best Share Issuer Merit Awards Sub Category: Best Township 100 Fastest & Corporate Platinum Brand Top Performing Market Cap up to Landscape Sustainable Sub Category: Green Gro
Slide 29: Disclaimer
Disclaimer This presentation may contain forward-looking statements that involve risks and uncertainties. Actual future performance, outcomes and results may differ materially from those expressed in forward- looking statements as a result of a number of risks, uncertainties and assumptions. Represe
Slide 30: Thank You
THANK YOU
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