Sinar Mas Land Launches Premium Housing Clusters in Balikpapan

Sinar Mas Land has launched two new premium housing clusters at Grand City Balikpapan in response to strong residential demand. Demand is being driven by Balikpapan's growing role as a supporting city for Nusantara (IKN), attracting population and business growth to East Kalimantan. The new clusters continue the success of previous developments targeting the upper-middle market segment. The company remains optimistic about long-term property demand as infrastructure development around IKN accelerates.