Summarecon Stock Profile: Company History, Founders, and Today's SMRA Price
2026-09-16
Summarecon shares owned byPT Summarecon Agung Tbk, a property development company listed on the Indonesia Stock Exchange with the stock codeSMRA.
Summarecon operates in the property sector development, especially developing integrated area or township.
The company's business model is not only focused on building houses, but includes developing areas that integrate housing, business centers, commercial, recreational facilities, and property management.
For Indonesian capital market investors, SMRA is one of the property issuers that has long been known for its long track record in building modern urban areas such as Summarecon Kelapa Gading, Summarecon Serpong, and Summarecon Bekasi.
Key Takeaways
PT Summarecon Agung Tbk (SMRA), one of the largest property companies in Indonesia, was founded in 1975 by Soetjipto Nagaria and his colleagues.
Summarecon known for township development concept, development of integrated areas, residential areas, commercial areas, public facilities, and supporting services.
SMRA's current price is around Rp332 per share, with a market capitalization of around Rp5.51 trillion based on the latest market data.
History of Summarecon and Company Founders
History of Summareconstarted in the year1975, when the company was founded by Soetjipto Nagaria with his colleagues to run a real estate construction and development business.
At the beginning of its establishment, Summarecon started the project from land around 10 hectares of swamp area in Kelapa Gading, Jakarta.
Through long-term development, the area has successfully developed into one of the premium residential and commercial areas in Jakarta.
The successful transformation of Kelapa Gading into an integrated area is one of the important foundations in Summarecon's business journey.
From this initial development, the company then expanded its portfolio through various township projects in a number of regions in Indonesia.
Summarecon then developed into a public company and listed its shares on the Stock Exchange Indonesia Stock Exchange with codeSMRA in the year of 1990.
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Summarecon Company Profile
PT Summarecon Agung Tbk has more than four decades of experience in the Indonesian property industry.
The company's main business focus is divided into several main areas:
Property Development
This segment is Summarecon's main business, including the development of residential areas such as landed houses, apartments, and commercial areas.
The concept used is the development of independent cities (township development) by combining various functions in one area.
Property Investment and Management
Apart from selling property, Summarecon also has an asset management business such as shopping centers, commercial areas, and properties that generate recurring income (recurring income).
Leisure and Hospitality
Summarecon is also developing the recreation and hospitality sectors as part of the built area ecosystem.
This integrated business model is one of the main characteristics of Summarecon's company profile compared to property developers who only focus on selling residential units.
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SMRA Price Today

Based on the latest trade data,SMRA's price today is around IDR 332 per share..
Here is a summary of Summarecon's stock market data:
The data shows that SMRA has a market capitalization of over IDR 5 trillion and is positioned as one of the largest property companies on the Indonesia Stock Exchange.
The movement of SMRA share prices is influenced by various factors such as the condition of the property sector, interest rates, people's purchasing power, property sales (marketing sales), as well as the company's financial performance.
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SMRA Stock Performance and Market Movements
In the latest trading data, SMRA shares showed price changes influenced by market sentiment towards the property sector.
Based on TradingView data, SMRA's movements were recorded as follows:
1 day change:-0,60%
1 month changes:+2,48%
6 month changes:-1,79%
Year to date: -14,06%
1 year changes:-22,54%
This movement shows that property stocks are very sensitive to macroeconomic conditions.
Factors such as interest rates, government property policies, and housing market conditions can influence investor interest in stocks in this sector.
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Factors Affecting Summarecon's Share Price
Some factors that can influence the price of SMRA include:
Property Business Growth
New project sales performance is a key indicator for property companies. The higher the demand for residential and commercial space, the greater the opportunity for increased revenue.
Recurring Income from Commercial Assets
In addition to property sales, Summarecon has revenue sources from property management and commercial facilities.
Recurring income can help provide business stability when the property cycle slows.
Economic Conditions and Interest Rates
The property industry is closely linked to consumer purchasing power and financing costs. Changes in interest rates can influence consumer decisions about property purchases.
Recent Issues Related to Summarecon Shares
In 2026, Summarecon shares became a focus of market attention after news emerged of a price decline related to legal issues involving the company's leadership.
Several news reports mentioned a market reaction following the news of the KPK's sting operation which implicated the names of high-ranking company officials.
Stock movements due to these issues are a market response to investor sentiment and perception.
Investors usually consider various aspects such as the impact on company operations, governance, and official information developments from related parties.
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Is Summarecon Stock Worth Watching?
As one of the major property developers in Indonesia, SMRA has the advantages of long experience, a township portfolio, and an integrated business model.
However, like any other stock, investing in SMRA has risks that need to be considered, including:
Property industry cycle.
Changes in interest rates.
National economic conditions.
Competition between developers.
Market sentiment towards company issues.
Investors need to conduct fundamental analysis and understand the risk profile before making investment decisions.
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Conclusion
Summarecon (SMRA) shares of PT Summarecon Agung Tbk, a property company that was founded in1975and founded bySoetjipto Nagaria with his colleagues.
With more than 50 years of experience, Summarecon has developed into one of the largest integrated area developers in Indonesia through the township development concept.
SMRA price today is aroundRp332 per share, with a market capitalization of aroundRp5.51 trillion.
For investors, understanding the company's history, business model, financial performance, and factors influencing share prices is an important part before analyzing Summarecon shares.
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FAQ
What is Summarecon (SMRA) stock?
Summarecon shares (SMRA) are shares of PT Summarecon Agung Tbk which operates in the property development sector and is listed on the Indonesia Stock Exchange.
Who is the founder of Summarecon?
Summarecon was founded in 1975 bySoetjipto Nagaria with his colleaguesto develop real estate business.
What is the price of SMRA today?
SMRA price today is aroundRp332 per sharebased on trade data latest.
What is the main business of PT Summarecon Agung Tbk?
Summarecon's core businesses include property development, property investment and management, and the leisure and hospitality sector.
Is SMRA stock included in the large property stocks in Indonesia?
SMRA is a property issuer that has long been listed on the Indonesia Stock Exchange and has long experience in developing integrated areas (township development).
Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.



