Flooring Guide by Cinvex – , JAKARTA – Shares of PT Sentul City Tbk. (BKSL), a prominent property developer, have experienced a remarkable rally amidst plans for the ambitious development of Biotown, an integrated area poised to become Indonesia’s first health city. Data from the Indonesia Stock Exchange (IDX) reveals that BKSL’s stock surged by 25.35% over the past week, closing at Rp178 as of 2:25 PM WIB on Thursday, December 4, 2025. Looking further back, the company’s shares have impressively climbed 63.30% in the last six months and soared an astounding 150.70% year-to-date (YtD).
This significant surge in BKSL stock naturally captured the attention of the IDX. In a letter numbered S-13607/BEI.PP1/12-2025 dated December 3, 2025, the exchange formally requested an explanation from management regarding the volatility of the company’s stock transactions. Responding to the inquiry, Sentul City Director Tjetje Muljanto clarified that there is no material information or facts currently influencing the company’s securities value or investment decisions. “The company has no immediate plans for corporate actions that would impact the listing of the company’s shares on the Exchange,” Muljanto stated in today’s information disclosure, reassuring investors.
Previously, BKSL had announced it was preparing for the ambitious development of Biotown. This transformative project is envisioned as an integrated zone destined to become Indonesia’s first-ever health city. According to Hiramsyah Sambudhy Thaib, President Director of Sentul City, Biotown is designed to foster a comprehensive health ecosystem built upon five core pillars: medical services, care, pharmaceutical, science, and devices.
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Thaib highlighted that the development of Biotown underscores the company’s steadfast commitment to supporting the national development agenda. Furthermore, the district’s concept and strategic focus are perfectly aligned with four priority program sectors identified by the government: property and industry (with a special emphasis on smartgreen industry), the health sector, digital infrastructure, and renewable energy.
In line with these strategic goals, Biotown is also actively being proposed as a Special Economic Zone (KEK), Thaib informed Bisnis on Wednesday, November 15, 2025. He elaborated that this proposal aims to ensure Biotown can generate a more significant impact on economic growth while simultaneously enhancing the competitiveness of Indonesia’s national health industry. “Currently, the company is formulating Biotown’s work plan and business plan in collaboration with international consultants from China, concurrently preparing the necessary documentation for its KEK status application,” Thaib added.
The company’s robust performance is also reflected in its latest financial reports. As of the third quarter of 2025, PT Sentul City Tbk. (BKSL) recorded a revenue of Rp836.97 billion for the January-September 2025 period. This marks an impressive 96.28% growth compared to the same period last year. Complementing this substantial revenue increase, BKSL’s net profit for the period also surged by an astounding 186.22% year-on-year (YoY), climbing from Rp25.9 billion to Rp74.15 billion.
Sentul City Tbk. – TradingView
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Summary
Shares of PT Sentul City Tbk. (BKSL) have experienced a significant rally, surging over 25% in the past week and 150.70% year-to-date, amidst plans for its ambitious Biotown development. This transformative project is envisioned as Indonesia’s first integrated health city, structured around five core pillars including medical services and pharmaceuticals. While the Indonesia Stock Exchange inquired about the stock’s volatility, Sentul City’s management stated there is no new material information or immediate corporate actions influencing its securities.
Biotown’s development aligns with national goals and government priority sectors, particularly health and smart-green industry. Sentul City is actively proposing Biotown as a Special Economic Zone (KEK) to boost economic growth and enhance the national health industry’s competitiveness, currently formulating plans with international consultants and preparing KEK application documents. This strategic push is underpinned by strong financial performance, with the company reporting a 96.28% revenue increase and a 186.22% surge in net profit for the third quarter of 2025.