Gading Development Tbk. develops quality affordable homes and apartments which caters to Indonesia’s expanding middle-class income families in growing second-tier cities and urban areas. Our vision is to be the ultimate provider of affordable homes in accessible locations in major cities and suburban areas across Indonesia.
It is currently focusing on medium to high-end town houses, apartments and housing in-city and near-city locations and will be developing mixed-use and residential areas on its land bank in the near-future.
Gading Development has a strong and sustainable project pipeline that can generate substantial cash flow into the future.
Gading Development robust asset growth in the near future is mainly due to future acquisition of land bank from Jonggol and Cibubur, a total of 162.5 hectares of land, and also from the development and construction of our township in Solo Baru and Cianjur, with bond issuance in 2013. However, after the tenor of the bond, GAMA’s supply of cash will still be extensive for future growth.