INDONESIA COUNTRY PRESENTATION. Phnom Penh March 16 17, 2012

Transcription

1 INDONESIA COUNTRY PRESENTATION Phnom Penh March 16 17, 2012

2 Macro Economic Indicators

3 Sovereign debt rating : Investment grade by Fitch & Moody Historical high export performance : Record breaking USD 203,62 billion in 2011 vs USD 157,78 billion in 2010

4 Strong FDI inflow :

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7 JSX index hit 4,000 key level in February 2012 Continued strong economic performance : Economic Indicator avg GDP (% growth) 5.4% 6.5% 4.5% 6.2% 6.5% Inflation (%, year end) 9.6% 5.7% 4.9% 6.5% 3.79% Central Bank Rate 10.6% 8.0% 6.5% 6.5% 5.75% Lending Rate 16.0% 13.0% 13.0% 12.5% 10% Time Deposit Rate 10.5% 7.3% 6.5% 6.5% 6.5% NPL Bank 5.8% 4.8% 4.3% 5.0% 5.0% JSX Index 1,533 2,400 2,527 3,701 3,857* Currency (USD) 9,137 8,945 9,300 9,100 9,000* *) As per 2011

8 Challenges : Demand for higher minimum wage Labor Unrest Spooks Investors

9 Uplifting of Government oil subsidy starting April 2012 Inflation Push Social Cost Slow infrastructure build up despite high economic activities

10 Property Market Outlook

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12 PROPERTY TRADING OF THE YEAR This 5 star hotel was changing hand from Kingdom Hotel Investments (Prince Al Waleed) to Rajawali Group for USD 93 million (82% share) at the fourth quarter of KHI took over from the previous Indonesian owner at USD 48 million and flipped it at double the price within a year time. FOUR SEASONS JAKARTA

13 What is trending Budget Hotel explosion Land size 500 2,000 sqm Located in established commercial and airport area rooms hotel No facility Shuttle Bus to major shopping and EX centers Big market players : Kompas : Amaris Hotel Intiland : Whizz Hotel Jakarta Setiabudi : Formula 1 Hotel Plaza Indonesia : Harris Hotel

14 Budget Hotels in HOTEL TUNE HOTEL

15 FAVE HOTEL AMARIS HOTEL BEST WESTERN

16 WHIZ HOTEL HARIS HOTEL

17 Minimarket competition Jabodetabek Population : 20 Million Minimarket Ratio : 1 Minimarket / 7,500 people There can be 2,700 minimarket Existing 1,200 minimarket Open opportunity : additional 1,500 minimarket Existing Brand : Indomaret, Alfamart & Alfa Midi, 7Eleven, Circle K, Lawson

18 Minimarket in Indonesia

19 JAKARTA ICONIC BUILDINGS (Planned) MENARA JAKARTA Kemayoran SIGNATURE TOWER Sudirman

20 Comparison with Other Towers in The World KL TOWER 421 m Kuala Lumpur Malaysia ORIENTAL PEARL TOWER 468 m Shanghai China OSTANKINO TOWER 540 m Moskwa Russia CANADA S NATIONAL TOWER 553 m Toronto Canada MENARA JAKARTA 558 m Jakarta Indonesia

21 Comparison with Other Buildings in The World BURJ KHALIFA 828 m Dubai United Arab Emirates SHANGHAI TOWER 632 m Shanghai China SIGNATURE TOWER 638 m Jakarta Indonesia ONE WTC 541 m New York City USA TAIPEI m Taipei Taiwan SHANGHAI WFC 492 m Shanghai China PETRONAS TOWERS 452 m Kuala Lumpur Malaysia

22 Summary BASIC RENTAL RATE CAPITAL VALUE YIELD OCCUPANCY TAKE UP LOW HIGH LOW HIGH LOW HIGH AVERAGE AVERAGE USD/sqm/mth USD/sqm % % % OFFICE SECTOR GRADE A ,800 3,200 9% 9% 91% 95% GRADE B ,500 9% 9% 88% 94% GRADE C % 10% 85% 90% RESIDENTIAL SECTOR GRADE A ,000 3,500 8% 9% 85% 90% GRADE B ,000 2,500 9% 8% 74% 77% GRADE C ,500 9% 10% 80% 90% COMMERCIAL/RETAIL SECTOR PREMIUM N/A N/A N/A N/A 96% N/A DOWNTOWN (trade centre) ,500 6,500 8% 8% 82% 80.00% COMMUNITY MALL N/A N/A N/A N/A 90% N/A

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24 Major Instructions Update Last 6 Months

25 VALUATION INDONESIAN COMPANIES IPO 2012 NO. COMPANY FUND TARGET 1. Asuransi Mitra Maparya IDR billion 2. Supraboga Lestari IDR billion 3. Toba Bara Sejahtera IDR 3.6 trillion 4. Steel Pipe Industry of Indonesia (Spindo)* IDR 1 trillion 5. Cipaganti Citra Graha IDR 750 billion 6. Bank Jatim* IDR 500 billion 1 trillion 7. Air Asia Indonesia IDR trillion 8. Eka Sari Lorena Transport IDR billion 9. Semen Baturaja IDR 1 trillion 10 Grup Express IDR 500 billion 11. Aero Catering Services n/a 12. Prima Java Kreasi (Big Daddy Entertainment) IDR 300 billion 13. PTPN VII IDR 1.5 trillion 14. BPD Sumut IDR 1 trillion TOTAL Note : * Valuation done by VPC ASIA PACIFIC * 1 USD = Rp.9.075,55 IDR trillion*

26 KJPP Susan Widjojo & Partners has been approved to be on the valuer s list of Singapore Trustee Panel. We are now qualified to perform any valuation for the Indonesian Property Companies that list assets on Singapore REITS, i.e Lippo Karawaci. Susan is now a member of Senior Valuer Board at BAPEPAM Forum ( 8 members)

27 CONSULTANCY MANDIRI UNIVERSITY Location Rating Study LOCATION of MANDIRI UNIVERSITY

28 MANDIRI UNIVERSITY Location Rating Study MANDIRI UNIVERSITY MEDAN MANDIRI UNIVERSITY MAKASSAR

29 BANK MANDIRI Building Management Consultancy TUNJUNGAN PLAZA II SURABAYA

30 DANA PENSIUN PUSRI Highest & Best Use Study VACANT LAND 12 Ha Budi Utomo Jakarta CARNAVAL MALL Batam VILLA BALI BERSINAR Nusa Dua Bali

31 LIPPO KARAWACI Highest & Best Use Study Vacant Land behind Hypermart Vacant Land at south side of Taman Paris Town House Vacant Land at west side of Karawaci Office Park

32 AGENCY Welcome to the New Member of the Sales & Marketing Team

33 DAVID SURATNO Associate Director dsuratno@yahoo.com Summary Over 15 years experience in Hospitality and Property Industry specializing in Sales and Project Marketing of Singapore Property. Building strong relationship with existing and new clients to win projects and repeat bussiness, identifying bussiness development oportunities, building strong and solid Sales and Marketing team Direct and lead projects to maximized the end result. Working experience Director of PT. JTResi International Senior Manager for International Sales of Colliers International Senior Marketing at Somerset Jakarta Assistant Front Office Manager of Orchid Garden Hotel, Brunei Darusalam Started with VPC 2012 Education Bachelor Degree from Sekolah Tinggi Pariwisata Bandung Bachelor Degree from Interstudy majoring Interior Design

34 VACANT LAND AT MARUNDA Jakarta Entrance from Priok Frontage The Land 1 The Land 2

35 VACANT LAND AT BONAVISTA Jakarta The Land Entrance

36 BTPN OFFICE BUILDING Bandung Front View Back View Frontage Basement

37 THANK YOU