Residential Real Estate Construction Company for Sale in North Sumatra, Indonesia

- The company develops and sells subsidized and commercial housing units, including Type 28, Type 34, and Type 42 homes, primarily for first-time buyers and low-income families eligible for subsidized mortgage programs such as FLPP.
- The homes are developed with standard residential specifications, including river stone foundations, reinforced concrete structures, painted red brick walls, ceramic flooring, lightweight steel roofing frames, gypsum ceilings, 1,300 VA PLN electrical connections, and water access.
- Customers purchase the homes for residential use, with subsidized buyers benefiting from government-backed financing schemes that make home ownership more accessible. Tangible assets include 75 housing units, a vacant 65-hectare land bank, a Kubota U50 excavator, water supply infrastructure, electrical fixtures, drainage systems, a security post, street lighting, and office inventory.

Intangible assets include the PBG permit, goodwill from being an established and experienced company, and a customer database containing approximately 45,000 records. The business operates from a leased modern office space featuring tiled flooring, a reception area, meeting areas with red seating, and a glass-partitioned workspace. The business also owns a 65-hectare land parcel in North Sumatra, which can be utilized for future development projects. Self-funded. The business has no outstanding debts or loans. Ownership is split between two shareholders with stakes of 70% and 30%.