In an effort to support the acceleration of the development of the Nusantara Capital City (IKN) in East Kalimantan by the government, Agung Podomoro, a leading, integrated, and trusted property developer in Indonesia, continues to strengthen its commitment by developing high-quality housing with high standards at the gateway to IKN, namely the cities of Balikpapan and Samarinda.

Agung Podomoro believes that the focus on accelerating this development will provide positive signals for businesspeople to seize investment opportunities, especially in the property sector, and improve the economy both locally and nationally.

Agung Wirajaya, Corporate Marketing Director of PT Agung Podomoro Land Tbk., explained that as a company with extensive experience in the national property industry, Agung Podomoro is adept at identifying market opportunities. This is reflected in the property products in the East Kalimantan region, which are always in demand by the market.

Agung Podomoro, a leading, integrated, and trusted property developer in Indonesia, is addressing the high demand for housing properties through the Podomoro Vaganza Exhibition, held from April 15 to 21, 2024, at the South Atrium, Galaxy Mall 1, Surabaya. This exhibition reflects the company's commitment to supporting the growth of the national property sector, particularly in the segments of landed houses and apartments.

Yenti Lokat, Assistant Vice President and Head of Regional Marketing Residential at Agung Podomoro, explained that this exhibition is concrete evidence of Agung Podomoro's commitment to optimizing the high demand for landed houses and apartments, not only in Jakarta but also outside of Java.

Bank Indonesia forecasts that Indonesia's economy will grow by 4.7-5.5% in 2024. This strong economic growth is supported by the continuation of various National Strategic Projects across different regions and the development of private properties due to various government incentives.

Domestic demand and purchasing power also remain strong. This is evidenced by various indicators such as the consumer confidence index, retail sales index, and manufacturing index, all of which are in the optimistic zone.