BSDE Seeks Marketing Sales Rp 7,2 Trillion By 2018
JAKARTA - The leading Property Developers in Indonesia, PT Bumi Serpong Damai Tbk. (stock code: BSDE) targets to reach marketing sales of Rp 7,2 trillion in 2018. This was revealed by BSDE Director Hermawan Wijaya.
BSDE Director Hermawan Wijaya said in the press release on sinarmasland.com (22/2), "To achieve the target, this year we will launch several projects in BSD City, SouthGate TB Simatupang Apartments and Klaska Residence in Surabaya. To support the target and the expansion plan, BSDE is preparing a capital expenditure worth Rp 4 trillion this year."
In detail, Hermawan Wijaya explained, "We are confident that the demand for property will return to the excitement this year which is in line with the strong national economic growth of 5,07% by 2017. This condition is better than growth in 2016."
Throughout last year, BSDE successfully reaps the marketing sales of Rp 7,23 trillion. As for marketing sales target in 2018, BSDE will increase its commercial product contribution to Rp 3,55 trillion, while residential products are expected to provide additional sales of Rp 3,65 trillion.
"BSDE will continue to expand this year both organic and inorganic to support sustainable growth performance," conclude Hermawan.