propertaj

Propertaj, officially known as Propertaj Holdings Sdn Bhd, is an Indonesian property development and management company headquartered in Jakarta. The company was founded in 2005 by a partnership of local investors with a focus on integrated real‑estate solutions across residential, commercial and mixed‑use projects. Its corporate structure places Propertaj within a larger conglomerate that also operates in finance and infrastructure.

The firm’s core activities include site acquisition, project conceptualization, construction oversight, property leasing, and asset management. Over the past decade Propertaj has completed more than 30 large‑scale developments, comprising approximately 45,000 residential units and 10 million square feet of commercial space. Its portfolio extends beyond Jakarta to include major projects in Surabaya, Bandung, and Bali. Propertaj reports annual revenues that have grown steadily, reaching over US$300 million by 2023, according to audited financial statements.

Propertaj has emphasized sustainability and community engagement in its projects. In 2018 the company earned the Indonesian Green Building Council’s “Best Sustainable Development” award for its flagship “EcoVille” project in Tangerang, which incorporates solar power, rainwater harvesting and a public park. The company has also instituted a Corporate Social Responsibility (CSR) initiative that supports affordable housing grants and local workforce training programs.

While publicly listed on the Jakarta Stock Exchange, Propertaj’s governance has faced scrutiny for its ties to influential political figures in the region. In 2020 a parliamentary inquiry examined the company's land acquisition procedures, leading to a restructuring of its due‑diligence protocols. Despite this, Propertaj has maintained a reputation for integrating technology into real‑estate operations, employing advanced property management software and data analytics to optimize occupancy rates.

The company continues to pursue growth in Southeast Asia, with announced plans to expand into the Philippines and Malaysia. Its strategic focus remains on developing mixed‑use communities that combine residential, commercial and recreational spaces to meet evolving urban demands.