BSDE - Expects marketing sales to reach IDR9.50 tn in 2024

BSDE - Expects marketing sales to reach IDR9.50 tn in 2024 Bumi Serpong Damai (BSDE) has set a marketing sales target of IDR9.50 tn for 2024. This target reflects a moderately conservative outlook, surpassing the 2023 marketing sales target by 8%. Note that, BSDE achieved marketing sales of IDR9.50 tn in 2023, with residential sales expected to contribute 53% and commercial sales 31% in 2024. The BSD City project has a target of IDR5.28 tn, allocating IDR3.28 tn for the residential segment and IDR2 tn for the commercial segment. Flagship projects like Grand Wisata - Bekasi, Kota Wisata - Cibubur, and Grand City - Balikpapan aim for marketing sales of 10%, 6%, and 4% respectively. Additionally, BSDE acknowledges the positive impact of the IKN Nusantara development on Grand City - Balikpapan. Leveraging the PPNDTP policy, BSDE plans to increase sales of ready stock products, including apartments in Jakarta and Surabaya, while actively collaborates with third parties to jointly develop property projects. (Source: Company)