BSDE – Targets IDR10.0 tn FY26F pre-sales

BSDE – Targets IDR10.0 tn FY26F pre-sales Bumi Serpong Damai (BSDE) targets IDR10.0 tn in marketing sales for 2026, broadly stable versus its FY25 achievement, implying a measured view on property demand. The mix remains residential-led (50%), followed by commercial (35%) and JV land sales (15%). BSD City, including JV projects such as Nava Park and Hiera, remains the core earnings driver and is expected to contribute >60% of total presales, supported by ongoing launches and continued positioning as a high-value integrated township. Grand Wisata and Kota Wisata are projected to contribute ~15%, underpinned by solid demand in Jakarta’s eastern and southern corridors amid improving infrastructure. Following the 2024 acquisition of SMDM, projects (Rancamaya, Royal Tajur, Harvest City) are expected to contribute ~3.5% to total sales. Additionally, JV land sales are projected to contribute IDR1.5 tn (15%), supporting capital recycling and development acceleration. (Source : Company)