Tokyu Land Corp. has been developing housing in Indonesia since entering the market in 1975. In 2012, it established Tokyu Land Indonesia and ventured into the high-rise residential project business.
Hidetatsu Ikeda, president director of Tokyu Land Indonesia, noted, “Tokyu Land Corporation has grown by integrating urban development with transportation infrastructure, building on our parent company’s expertise in Japan.” This approach has enabled the company to deliver approximately 7,000 high-quality homes to Indonesian society, underscoring its dedication to innovative urban planning.
Branz BSD, Tokyu Land Indonesia’s first project, was developed for the suburban market, providing condominiums both for actual demand and as second homes. The second project, Branz Simatupang, offers high-quality residences for lease, catering to expatriates living in Jakarta. The third project, Branz Mega Kuningan, was completed and handed over last year, providing luxury residences in Jakarta’s central business district. Additionally, the development includes Swissotel Living Jakarta Mega Kuningan, a high-end hotel operated by Accor Group, which opened in April with a grand celebration.
“Our commitment to on-time handovers, unless affected by extraordinary circumstances, has been key to building trust with customers,” Ikeda said. The successful handover of Branz Mega Kuningan in 2024, despite challenges related to COVID-19, is a testament to the company’s unwavering dedication to fulfilling its obligations. “I believe that this commitment to our customers has built strong relationships of trust and is the reason we are recognized as one of Asia’s leading developers.”
Beyond real estate, Tokyu Land Indonesia is expanding its vision to sustainability, focusing on the environmental impact of its developments. As part of the company’s long-term strategy, it aims to introduce clean energy solutions to Indonesia. “Our major mission is to support carbon-zero initiatives in Indonesia,” Ikeda said. “Tokyu Land Corporation has developed clean energy projects generating 2,000 gigawatts — equivalent to two nuclear power plants — and we hope to contribute this expertise to Indonesia.”
Tokyu Land Indonesia’s sustainability efforts are deeply rooted in its core philosophy of integrating Japanese quality with Indonesian culture. “The integration of quality starts with the integration of technology, and that begins with people,” Ikeda said.
Looking ahead, Tokyu Land Indonesia aims to foster collaboration between Indonesian staff, Tokyu Land Corp. members and Japan-based teams in Indonesia. By leveraging their combined strengths, the company hopes to create innovative products that resonate with local consumers while maintaining global standards.
