Urban Jakarta Propertindo
Indonesian property developer focused on Transit Oriented Development (TOD) projects.
Last updated September 1, 2026
Overview
Urban Jakarta Propertindo is an Indonesian company originally established as PT Samsung Development on May 9, 1995, and renamed to PT Urban Jakarta Propertindo on December 23, 2016. The company focuses on developing residential areas under the TOD concept and also develops or manages office areas, shopping centres, and apartments integrated with mass transportation. It is publicly listed with the ticker URBN.
History
The Company was originally established under the name of PT Samsung Development on May 9, 1995. On December 23rd, 2016, PT Samsung Development changed its name to PT Urban Jakarta Propertindo. The main business activities of the Company are both owned and leased real estate assets which focus on developing residential areas under TOD Concept. In its business activities, the Company develops and/or manages office areas, shopping centres and apartments that are integrated directly with mass transportation.
Sources
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