Agung Podomoro Group was established in 1969 by the late Anton Haliman. Under his helm, the Group commenced its business operation with the construction of a housing complex in Simprug area, South Jakarta, completed in 1973. In the same year, the Group pioneered the real-estate concept with a project in Sunter area, North Jakarta.
In line with the company’s vision to keep climbing higher as an integrated property developer, the concept allowed the Group to build a housing complex with comprehensive facilities that serve its residents, such as school, recreation center, places of worship, hospital and markets. In 1986, the company’s leadership was handed over to Trihatma Kusuma Haliman as the successor. In taking the leadership role, Trihatma made a new move by taking over PT. Indofica Housing that controlled the land in Sunter area. With Trihatma at the helm, PT. Indofica Housing successfully expanded its 17-ha area into 500 hectares, turning Sunter into one of the elite and exclusive areas in North Jakarta. The project also became one of the Group’s most remarkable real estate achievements in Jakarta.
As Agung Podomoro continued to climb higher in the industry, the Group in 1995 started to utilize limited land availability in Jakarta with the construction of vertical developments. The building of the Menteng Executive Apartment, for instance, marked a breakthrough in Indonesia’s real estate industry. It was the beginning that Agung Podomoro set the vertical living trend, paving the way for a new cosmopolitan life style in Indonesia’s capital city. Following the Menteng’s success, Agung Podomoro in 2000 began to focus on the construction of apartments.
On July 30, 2004, APG build PT Tiara Metropolitan Jaya. Latter APG changed its name into PT Agung Podomoro Land Tbk in 2010 after performed restructuring by making four of APG subsidiaries, namely PT Arah Sejahtera Abadi, PT Briliant Sakti Persada, PT Intersatria Budi Karya Pratama and PT Kencana Unggul Sukses, and two associate companies of APG, namely PT Manggala Gelora Perkasa and PT Citra Gemilang Nusantara under the Company.
On November 2010, the Company held the initial public offering, and listed its shares at IDX on November 11, 2010, with its thicker: APLN.
With over 50 years of experience as a member of APG, the Company is widely recognized as one of the leading, the largest and well-respected property developer in Indonesia. Its development projects include some of the iconic properties in Indonesia, including superblocks, commercial (retail/trade) properties, office buildings, apartments, residential housing complexes and hotels.