BSDE - Pre-sales realisation 2022 exceed target

The pre-sales realisation of Bumi Serpong Damai (BSDE) was recorded at IDR8.8 tn in 2022, 14% above the target of IDR7.7 tn. The pre-sales biggest contributor was from the Residential Segment amounting to IDR5.1 tn. Followed by pre-sales of the Commercial Business Unit Segment (commercial land, strata title apartments and shop houses) of IDR2.1 tn and joint venture land sales of IDR1.6 tn. The contribution of the BSD City project to revenue is 56%, followed by the Nava Park project 22%, Grand Wisata Bekasi 11%, Kota Wisata Cibubur 7% and The Zora 5%. Significant pre-sales of BSD City projects include Grand Freja and Freja Chic, Tanakayu Jiva, Svani, Svadhi, Svasti and Chava. The housing prices launched were in the range of IDR1 bn-IDR3 bn (42%), prices were IDR3 bn-IDR5 bn (24%), prices were IDR5 bn-IDR10 bn (18%), and prices were IDR10 bn (16%). (Source : IDN Financials)