Modernland Realty Ltd. Tbk

Company Overview

PT Modernland Realty Tbk is a property development company. It is engaged in the preparation and development of sites for housing, apartments, bungalows, sport/recreational facilities, hospitals, schools, and shopping centres. Most of the land is divided into plots ready for housing, apartments, and bungalows. It started its operations with marketing houses in Tangerang Regency. Its prime projects are Kota Modern (770 hectares) in Tangerang, Padang Golf Modern, Taman Modern (48 hectares) in Cakung, and Bukit Modern (60 hectares) in Tangerang. As of September 2011, the company employed around 698 people.

Corporate Action
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