5 Best Property Stock Recommendations in Indonesia
If you are interested in playing stocks, there is nothing wrong with choosing a property zone as long-term investment.
But it needs to be known, long-term or medium-term stocks are not only related to the sector, but also the elementary aspects they have.
If you are lured into buying Indonesian property investment shares, then here are the 5 best property stock suggestions for you.
PT Pakuwon Jati Tbk( PWON)
Having a PWON stock sign, PT Pakuwon Asli Tbk, many people know as the king of the plaza.
Even so, this one property industry seems to have made a lot of real estate and various housing.
This industry based in Surabaya was created in 1982, with various types of construction such as condominiums, offices, residential accommodation, to superblock areas.
For the latest information, PWON shares have a business figure of up to Rp13. 009.075.200 with an initial price of Rp.464 and the lowest price of Rp.458.
Currently, the price of WON is at IDR 555 per share with market investment at IDR 26. 487. 781.
Even though it is located in the middle of an endemic, PWON always has a high level of income. As a result, it is recommended as the best property stock.
PT Ciputra Development (CTRA)
Quoted from Wikipedia, PT Ciputra Development Tbk or commonly known as Ciputra Group is one of the well-known Indonesian property industries that was created in 1981.
Until 2016, Ciputra Group's revenue was IDR 6.7 trillion with a net profit of IDR 1.1 trillion.
Until now, it is known that the shares of Ciputra Group (CTRA) are located at the level of Rp. 880 with a last close of Rp. 875. On the other hand, the issuer's price of CTRA's shares is at Rp1,105 per share.
Although it is famous for its residential development, Ciputra Group has spread to many other properties and benefits, such as shopping centers, inns, condominiums, to golf squares.
Part of the Ciputra Group housing offered in the Rumah123 listing is Green Land Residence, Surabaya.
Not only housing, if you are looking for a condominium in Surabaya, there is the East Coast Mansion with prices starting from Rp. 500 million.
Ciputra Group shares are one of the best property stocks recommended because they have a normal umpteenth income.
PT Bumi Serpong Damai Tbk (BSDE)
Alam Serpong Rukun or what we often abbreviate as BSD is a very well-planned residential and residential area in Indonesia.
As a satellite city, all facilities are also available in this area, from factories, offices, trade, to field trips.
Of course, thanks to its superiority, PT Alam Serpong Rukun is the best property stock suggestion to choose from.
In the last update, BSDE had an initial Rp.995 with an offer of Rp.1. 000. On the other hand, the transaction number is IDR 35 billion.
PT Agung Podomoro Land Tbk( APLN)
You can own PT Agung Podomoro Land Tbk shares with a budget starting from IDR 117 per share.
As it is known, Podomoro has made many residences in the Greater Jakarta area and several other areas in Indonesia.
Agung Podomoro Group became one of the pioneers, which resulted in an extraordinarily complete integrated residential design.
Moreover, along with the duration, this industry then spread its wings to the construction of superblocks, plazas, to factory areas.
With so many developments being tried, PT Agung Podomoro Land could be one of the best property stock options.
PT Summarecon Agung Tbk( SMRA)
The next best property stock is PT Summarecon Agung Tbk, with its issuer SMRA.
This industry first worked in 1976 and carried out an IPO in 1990.
The share price of this issuer is IDR 975 per share with an investment of IDR 13. 705.443.
PT Summarecon Agung is the best property stock option because it has the umpteenth income.
As a result, if something during marketing is experiencing a decline, then you always have income to cover it.