Property

Property Development, Hotel Management, and Eco-Tourism

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The business portfolio developed through this business pillar includes properties of a number of hotels in several cities such as Jakarta, Manado, Palembang, Muara Enim, and Bali. Sintesa property business pillar also invests in construction services, building management, and architectural design of numerous commercial areas, and carries out business development for an integrated Special Economic Zones for Tourism.

PROPERTY

PT Menara Duta

Established in 1982 and focusing on property development, involved in real estate business, construction and management of commercial offices, residential, retail shopping centers, and building services for Menara Duta Building in Kuningan, South Jakarta.

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PROPERTY

PT Puncak Mustika Bersama

Established in 1995, PT Puncak Mustika Bersama has focused on property development. It is the owner of Sintesa Hotels, which is a hotel management company currently operating several luxurious and budget hotels around Indonesia.

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PROPERTY

PT Menara Peninsula

PT Menara Peninsula is the owner of Menara Peninsula Hotel, a four-star hotel in one of Jakarta's main districts with easy access in and out of the city. Menara Peninsula Hotel is managed by YTC Corporation Ltd (Singapore). It is a joint venture company that operates the Peninsula Hotel, the Excelsior Hotel, and the Paramount Hotel.

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PROPERTY

PT Cipta Mustika

Established in 1975, the company's area of expertise is in architectural design. It's the construction company for major commercial buildings, office blocks, exclusive residences, hotels, and factories. PT Cipta Mustika is also the design consultant and development developer for many islands and coastal areas.

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PROPERTY

PT Hiyu Permai

Established in 1981, PT Hiyu Permai concentrates on water resorts. PT Hiyu Permai constructs and operates hotels, bungalows, cottages, bars and restaurants and other water resort entertainment facilities.

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PROPERTY

PT Minahasa Permai Resort Development

Established in 1992 as a dream project of Sintesa Group’s Johnny Widjaja and a Minahasa-born pediatrician, dr. Sander Batuna. They envisioned Pulisan Bay as an eco-resort area and started developing their ideas when the 1998 monetary crisis forced the project to come to a halt.

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