Indonesia 2015 | Brand Profiles | 28 | Pondok Indah Group
Company: Metropolitan Kentjana Tbk PT
Brand value: US$350 million
Headquarter city: Jakarta
Industry: Real Estate
Year formed: 1972
Developer focuses on capital with high-end projects linking housing, shopping and office space
Pondok Indah Group is an upscale real estate developer with a focus on shopping malls, residential developments, offices and hotels. Its main assets are Pondok Indah Mall 1 and Mall 2, in the affluent Pondok Indah area of southern Jakarta. The two main mall towers are connected by an outdoor walkway. The brand is also known for the Street Gallery extension to the PIM complex, Pondok Indah Office Tower, Pondok Indah Golf Apartments, and Pondok Indah Office Park. The Pondok Indah area has been gradually developed since the early 1970s and is now a very upmarket residential area. The brand is also behind the Puri Indah development in West Jakarta, which combines a business centre with residential property. The brand’s newest office tower project, Puri Indah Financial Tower, is due to open in 2016 and has confirmed several major finance brands – including CIMB Niaga – as tenants. Parent company Metropolitan Kentjana is listed on the Indonesia Stock Exchange.