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Pondok Indah Group

Pondok Indah Group

Company: Metropolitan Kentjana Tbk PT

Brand Value: US $429 million

Year on Year Change: -17%

Headquarters: Jakarta

Category: Real Estate

Year Formed: 1972

Pondok Indah Group is a real estate developer focusing on upmarket residential property, shopping malls, hospitals, office blocks and hotels. It is best known for the Pondok Indah Mall 1 and Pondok Indah Mall 2 in Jakarta, two towers connected by an outdoor walkway. Mall traffic at the site rose between 6 and 7 percent in 2018, with monthly visitor numbers averaging 2 million people. Construction of Pondok Indah Mall 3 (PIM 3) is under way and due for completion in 2020, while both Intercontinental Pondok Indah and Pondok Indah Residence were completed in 2018. Other projects under construction include a townhouse development of 40 properties for middle and upper-income residents in Tanah Ara, Pondok Pinang, South Jakarta. Their communications tend to be project-specific and largely online; each development has its own social media account. Pondok Indah has a social responsibility fund, through which it promotes health and environmental responsibility and supports community projects.