43 Annual Report 2025 Indonesia CLAS owns three leasehold serviced residences in Indonesia which are under management contracts. Collectively, the three properties have an average length of stay of around two months. The 204-unit Ascott Jakarta, 185-unit Ascott Kuningan Jakarta and 198-unit Somerset Grand Citra Jakarta are situated near the Golden Triangle of Jakarta – the city’s main business, shopping and entertainment district – and surrounded by offices, embassies, convention centres and shopping centres. In FY 2025, RevPAU of the Indonesia properties increased by 11% YoY in IDR terms, due to higher ADR and occupancies. Gross Rental Income (IDR’million) Revenue Per Available Unit (IDR’000) FY 2025 FY 2024 FY 2025 FY 2024 Properties under Management Contract Ascott Jakarta 118,676 102,567 1,572 1,348 Ascott Kuningan Jakarta 96,114 90,485 1,410 1,322 Somerset Grand Citra Jakarta 68,427 63,983 993 918 3 Properties 587 Units S$23.2M Total Revenue (FY 2025) S$7.7M Total Gross Profit (FY 2025) S$141.7M Valuation (as at 31 Dec 2025) ▲ Featured property: Ascott Kuningan Jakarta, Indonesia
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