Starting since May 22, 1985, when the Ristia Group started its business through developing middle-class housing, a first commercial housing project was born in Bekasi (Perumahan Bintang Metropole), Tangerang (Perumahan Mahkota Simprug) and Karawang (Saung Riung). This achievement solidified the steps of Ristia Group to register itself as a public company on the Indonesia Stock Exchange in 1997, under the RBMS code (PT Ristia Bintang Mahkotasejati Tbk). Since then, RBMS has continued to produce new works, both through self-management and through Subsidiaries and Associations.
Going forward, Ristia Group continues to improve operational performance through long-term plans that include the development of FLPP projects in Karawang and the mixed-use area with the concept of transit oriented development to hotel and resort businesses.
The Company is committed to continuing to develop FLPP housing, especially in the Karawang area by maintaining the number of landbanks through land purchase and acquisition of companies that already have location permits.
HOTEL & RESOR
The company owns the Le Méridien Bali Jimbaran hotel which was officially opened in 2013. Designed modern and classy, while maintaining local elements, the hotel is managed by Marriott International, one of the largest hotel chain operators in the world.
MIXED-USE BASED ON TRANSIT-ORIENTED DEVELOPMENT (TOD)
Through the Association of PT Nusantara Almazia (NA), the Company will build a mixed-use complex equipped with apartments, shops, offices, hotels, schools, hospitals with easy access to transportation and mobility in the city of Tangerang.