WIKA Realty History

About Us

WIKA Realty Overview

Established in 2000 as a subsidiary of PT Wijaya Karya (Persero) Tbk and formerly operating as a business unit, PT Wijaya Karya Realty (“WIKA Realty”) has consistently built a strong reputation in property and real estate development. Over the years, WIKA Realty has expanded its portfolio to include property management services. Focusing on eco-friendly design concepts and incorporating local wisdom through its Tamansari brand, WIKA Realty has developed a wide range of products across top-tier cities in Indonesia, including landed residential properties, apartments, condotels, sports clubs, and office buildings. In line with its ongoing transformation, WIKA Realty continues to strengthen its presence in the hospitality industry with a portfolio of 27 hotels—12 of which are associated entities. WIKA Realty brings forward the spirit of local wisdom through its hotel brands catering to various market segments while promoting the richness of Indonesian culture.

Growth of WIKA Realty

In 2001, WIKA Realty diversified its business. Previously focusing on a developer, the company conducts its business in three areas: realty development, property management, and construction services. To support property businesses, particularly building management, PT Wijaya Karya handed over various WIKA’s fixed assets, such as Office Towers and Industrial Estates, to be managed by WIKA Realty. The property unit currently also manages non-WIKA assets and is beginning to manage Apartments. The construction services unit was founded to fulfill an opportunity in this business. The resources needed are available, and the construction is focused on realty-related projects such as Malls, Trade Centers, Office Buildings, and Housing Flats. The Realty unit is developing landed housings, and also has started vertical housings or high-rise buildings.

Vision of WIKA Realty

Becoming an international standard property and hospitality group developer that enhances the quality of life with the best products and services.

Mission of WIKA Realty

INNOVATIVE

Creating competitive and innovative products and services while promoting environmental sustainability and the unique culture of Indonesia

HIGH PRODUCT & INVESTMENT VALUE

Producing high-value products and services for consumers and delivering high investment returns for shareholder

PRIORITIZE HEALTH AND SAFETY

Providing an innovative work environment and work practices that prioritize health and safety.

SYNERGIZE

Realizing synergy through relationships with strategic partners and all stakeholders.