In 2025, PT Modernland Realty Tbk (MDLN) achieved explosive growth against the backdrop of global macroeconomic uncertainty. Its annual public briefing disclosed that the industrial property segment became the core driver of performance, and it outlined a strategic direction focusing on sustainability and corporate governance. Although Indonesia's GDP grew at a stable 5.04% year-on-year in Q3 2025, the real estate sector still faced pressure, but MDLN successfully turned losses into profits: As of Q3, revenue reached IDR 703.43 billion, operating profit IDR 731.61 billion, up 834.13% year-on-year; net profit reached IDR 444.60 billion, a significant improvement from a net loss of IDR 165.98 billion in the same period last year.
The industrial property segment performed particularly well, led by the Modern Cikande Industrial Park, with Q3 net sales of IDR 57.5 billion, a surge of 629% year-on-year. Strong demand came from industries such as machinery and equipment (38%), textiles and apparel (21%), and pharmaceuticals (17%). Most tenants are from China, with over 300 active tenants in the park. The food processing sector occupies the largest area, followed by chemicals and steel processing.
Currently, the seventh phase of the smart eco-industrial park covering 840 hectares is under development, and an eighth phase covering 1,000 hectares is planned, focusing on high-tech, halal industries, and regional logistics centers, including exploring logistics land in East Jakarta. The residential and commercial segments recorded marketing sales of IDR 1.32 trillion, although a slight 6% decline to IDR 61 billion quarter-on-quarter, but Q3 saw a sequential increase of 93%.
The main projects are Jakarta Garden City, Kota Modern, and Modernland Cilejit. In 2025, two new mid-to-high-end products were launched: the Kota Modern waterfront residential Alder type and the Florence Village cluster in Jakarta Garden City, with over 120 units sold in the first phase, consolidating its position in the mid-to-high-end market.
In 2025, PT Modernland Realty Tbk (MDLN) achieved explosive growth against the backdrop of global macroeconomic uncertainty. Its annual public briefing disclosed that the industrial property segment became the core driver of performance, and it outlined a strategic direction focusing on sustainability and corporate governance. Although Indonesia's GDP grew at a stable 5.04% year-on-year in Q3 2025, the real estate sector still faced pressure, but MDLN successfully turned losses into profits: As of Q3, revenue reached IDR 703.43 billion, operating profit IDR 731.61 billion, up 834.13% year-on-year; net profit reached IDR 444.60 billion, a significant improvement from a net loss of IDR 165.98 billion in the same period last year.
The industrial property segment performed particularly well, led by the Modern Cikande Industrial Park, with Q3 net sales of IDR 57.5 billion, a surge of 629% year-on-year. Strong demand came from industries such as machinery and equipment (38%), textiles and apparel (21%), and pharmaceuticals (17%). Most tenants are from China, with over 300 active tenants in the park. The food processing sector occupies the largest area, followed by chemicals and steel processing.
Currently, the seventh phase of the smart eco-industrial park covering 840 hectares is under development, and an eighth phase covering 1,000 hectares is planned, focusing on high-tech, halal industries, and regional logistics centers, including exploring logistics land in East Jakarta. The residential and commercial segments recorded marketing sales of IDR 1.32 trillion, although a slight 6% decline to IDR 61 billion quarter-on-quarter, but Q3 saw a sequential increase of 93%.
The main projects are Jakarta Garden City, Kota Modern, and Modernland Cilejit. In 2025, two new mid-to-high-end products were launched: the Kota Modern waterfront residential Alder type and the Florence Village cluster in Jakarta Garden City, with over 120 units sold in the first phase, consolidating its position in the mid-to-high-end market.