Summarecon Agung
Indonesian property developer known for township development.
Last updated September 1, 2026
Overview
PT. Summarecon Agung Tbk ("Summarecon") was founded in 1975 by Mr. Soetjipto Nagaria and his associates to undertake real estate construction and development. The company develops townships integrating residential and commercial developments with amenities.
History
PT. Summarecon Agung Tbk ("Summarecon") was founded in 1975 by Mr. Soetjipto Nagaria and his associates to undertake real estate construction and development. Starting with a 10-hectare of marsh land in the then backwaters of Jakarta, the founders managed to transform Kelapa Gading into one of the most affluent residential and commercial areas in Jakarta. Over the years Summarecon has built a reputation as one of the leading property players in Indonesia, especially in the development of townships.
Sources
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