Pt Alam Sutera Realty Tbk · IDX:ASRI
Pt Alam Sutera Realty Tbk — Investor Presentation (November 2023)
31 slides from Pt Alam Sutera Realty Tbk's investor presentation, November 2023
Slide 1: Investor Presentation November 2023
PT Alam Sutera Realty Tbk Investor Presentation November 2023 1 www.alamsuterarealty.co.id
Slide 2: Our Company
Our Company Township Development Main Projects Property Investment Marketing Sales and Operational Performance 2
Slide 3: Who We Are
Who We Are A leading property company in Own large, well-located and valuable Evolve from a single-project developer Indonesia landbank to multi-project developer ◼ Started with the Alam Sutera flagship township, a ◼ A township developer, established in 1994 and 800 ha development located at the wes
Slide 4: Corporate Structure
Corporate Structure The Ning King Family PT Tangerang Fajar PT Manunggal PT Argo Manunggal Public Industrial Estate Prime Development Land Development 25.72%* 21.66%* 0.66%* 51.96 __________________________________________ Note: * The ownership structure is as of 2022 4
Slide 5: Management Team
Management Team Board of Commissioners Board of Directors Haryanto Tirtohadiguno Angeline Sutedja Leo Yulianto Sutedja Joseph Sanusi Tjong Lilia Setiprawarti Sukotjo President Commissioner Commissioner Commissioner President Director Director Prasasto Sudyatmiko Pingki Elka Pangestu RM Frangky AD An
Slide 6: Portfolio Overview
Portfolio Overview 1 Tangerang, Banten: 3 Bali: The majority of our Garuda Wisnu Kencana Cultural Park Focus on residential and projects are located in commercial development in this region including western part of Jakarta and Alam Sutera Bali. In 2021, we commenced township, Suvarna a project in a
Slide 7: Township Development
Our Company Township Development Main Projects Property Investment Marketing Sales and Operational Performance 7
Slide 8: Township Location
T .- .- Z ownship Location otlaon/ Schuler
Slide 9: Alam Sutera Township
Alam Sutera Township • Alam Sutera township is our first township which is located approximately 15 km from Jakarta. • Total development is 800 ha and divided Winona Cluster into 2 phases (residential and commercial). • We launched the first cluster within the township in 1994 and to date have launc
Slide 10: Suvarna Sutera Township
Suvarna Sutera Township Residential • Suvarna Sutera Township is our second township, located at Pasar Kemis, Tangerang, 15 km away from Eldora Cluster Alam Sutera township. The Company has developement license covering 2,600 ha area. Phase one development is ±900 ha. • From 2011 until 9M2023, we ha
Slide 11: Main Projects
Our Company Township Development Main Projects Property Investment Marketing Sales and Operational Performance 11
Slide 12: Main Project – Basanta Cluster
Main Project – Basanta Cluster Location Basanta Cluster Location : Suvarna Sutera Township Launch date : 2Q 2023 Land site area : 7.2ha Land size per unit : 72 sqm - 96 sqm Building size per unit : 87 sqm - 122 sqm Price range : IDR 1 bn - IDR 1.5 bn Marketing sales (as Sept'23) : IDR 126 bn 12
Slide 13: Main Project – Meranti Cluster (phase 2)
Main Project – Meranti Cluster (phase 2) Location Meranti Cluster (phase 2) Location : Suvarna Sutera Township Launch date : 3Q 2023 Land site area : 7.8ha Land size per unit : 105 sqm - 298 sqm Building size per unit : 123 sqm - 248sqm Price range : IDR 1.8 bn - IDR 4bn Marketing sales (as Sept'23)
Slide 14: Main Project – Escala
Main Project – Escala Alam Sutera Masterplan Alam Sutera Masterplan • Escala, the Central Living District of Alam Sutera, features high value commercial lots at the most prime location in Alam Sutera. • Divided into 4 blocks, each one possesses a unique advantage with varying land sizes. 14
Slide 15: Main Project – Evergreen Shophouses
Main Project – Evergreen Shophouses Location Evergreen Shophouses Location : Suvarna Sutera Township Launch date : 3Q 2023 Land site area : 6.5 ha Land size per unit : 60 sqm - 72 sqm Building size per unit : 108 sqm - 189 sqm Price range : from IDR 1.8bn - IDR 2.5bn Marketing sales (as Sept'23) : I
Slide 16: Main Project – The Gramercy
Main Project – The Gramercy Location The Gramercy Location : Alam Sutera Township Launch date : 4Q 2023 Land site area : 7.5 ha Land size per unit : 312 sqm - 600 sqm Building size per unit : 398 sqm - 568 sqm Price range : from IDR 16bn/unit Marketing sales (as Sept'23) : IDR 226 bn 16
Slide 17: Main Project – Elevee Penthouses
Main Project – Elevee Penthouses Location Elevee Penthouses and Residences Location : Alam Sutera Township Launch date : 1Q 2021 Land site area : 4 ha Towers launched : 2 Unit types : 87.8 sqm - 243.8 sqm Price range : from IDR 2bn Marketing sales (as Sept'23) : IDR 968 bn 17
Slide 18: Main Project – Winona Cluster
Main Project – Winona Cluster Location Winona Cluster Location : Alam Sutera Township Launch date : 3Q 2020 Land site area : 4.5 ha Land size per unit : 108 sqm - 232 sqm Building size per unit : 195 sqm - 287 sqm Price range : from IDR 3.6bn/unit Marketing sales (as Sept'23) : IDR 1.2tn 18
Slide 19: Main Project – Sutera Sawangan
Main Project – Sutera Sawangan Location Sutera Sawangan Location : Sawangan Launch date : 4Q 2021 Land site area : 4 ha Land size per unit : 96 sqm - 148 sqm Building size per unit : 103 sqm - 113 sqm Price range : from IDR 1bn/unit Marketing sales (as Sept'23) : IDR 259 bn 19
Slide 20: Main Project – Astha Cluster
Main Project – Astha Cluster Location Astha Cluster Location : Suvarna Sutera Township Launch date : 3Q 2022 Land site area : 7 ha Land size per unit : 60 sqm - 80 sqm Building size per unit : 63 sqm - 82 sqm Price range : from IDR 800 mm Marketing sales (as Sept'23) : IDR 183 bn 20
Slide 21: Office Towers
Office Towers The Tower The Prominence Project Details Project Details Location : CBD Jakarta Location : Alam Sutera Township Launch date : 2013 Launch date : 2013 Semigross area : 56,491 sqm Semigross area : 50,882 sqm Marketing sales (as Sept'23) : IDR 351 bn Marketing sales : IDR 448 bn (as Sept'
Slide 22: Property Investment
Our Company Township Development Main Projects Property Investment Marketing Sales and Operational Performance 22
Slide 23: Garuda Wisnu Kencana
Garuda Wisnu Kencana Overview Pictures A private cultural park on the Bukit Peninsula at the southern end of the island of Bali in Indonesia, 15 minutes from Ngurah Rai International Airport. This ± 60 ha mixed- use development is completed with commercial areas. In August 2018, we have completed th
Slide 24: Property Investment
Property Investment Mall @ Alam Sutera The Opening of AEON Supermarket • On the 14 September 2023, AEON has officially opened their store at our Mall @Alam Sutera and it has been receiving positive responses from the public. • Since the opening day, we have started to see improvements on the Mall’s
Slide 25: Marketing Sales and Operational Performance
Our Company Township Development Main Projects Property Investment Marketing Sales and Operational Performance 25
Slide 26: 9M2023 Marketing Sales Performance
9M2023 Marketing Sales Performance IDR bn ◼ In 9M2023, we booked IDR 1,550 bn of marketing sales. The main contributor was residential houses and land 5,000 lots, followed by commercial lots and shophouses. 4,500 ◼ As of September 2023, we have launched four projects 4,000 i.e. Basanta Cluster and M
Slide 27: Financial Highlights
Financial Highlights Income Statement Balance Sheet and Financial Ratios Description 9M2023 9M2022 % Change Description 9M2023 2022 (in IDR bn) (in IDR bn) Revenue 2,485.5 2,745.3 -9% Cash and cash equivalents 1,349.3 1,438.1 Gross Profit 1,330.1 1,489.1 -11% Total Asset 22,601.6 22,298.9 % of Rev 5
Slide 28: Recurring Income
Recurring Income We have been seeing improvement in recurring income post pandemic and are expecting to see similar trend in the coming quarters. 639 700 26% 600 556 132 512 500 437 442 414 147 161 400 11 73 106 329 320 300 29 236 259 231 218 227 200 174 4 2 3 4 10 11 4 100 183 165 135 145 104 113 1
Slide 29: Debt Maturity Profile
Debt Maturity Profile Debt Maturity Profile (as of End Sept 2023) Remaining Bond Details USD mm Description 2025 Bonds USD 251 mm Notes 6.25% p.a (for first year) 300 due 2025 Caa1 (Moody’s) 250 Rating 27 B- (Fitch) 200 May 2 and Nov 2 of each year starting May 2, Coupon Payment 2021 150 Key Highlig
Slide 30: 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. Represen
Slide 31: Thank You
SE Alam BS SS Sutera RESIDENTIAL & LIFESTYLE COMMUNITY, Thank You SS
PT Alam Sutera Realty — Investor Presentation (November 2023) on 6ix