From Residential Housing Security Guard to Building a Property Empire

Meet the Founder that Watched Over Communities and is Now Building the Future of Living Spaces

STORIES

Diemas Sukma Hawkins

9/26/20252 min read

From Residential Security Guard to Building a Property Empire: Meet the Founder that Watched Over Communities and is Now Building the Future of Living Spaces

In the fast-changing world of real estate, few stories capture both vision and responsibility like that of Made Subagia Pande, the founder of Ascarya. What began as a commitment to providing residential security and protecting communities has evolved into an ambitious drive to redefine the future of living spaces through architecture, investment, and development.

Published

27 September 2025

Written by

Diemas Sukma Hawkins

Founder, Geovest Capital Advisory

In the fast-changing world of real estate, few stories capture both vision and responsibility like that of Made Subagia Pande, the founder of Ascarya. What began as a commitment to providing residential security and protecting communities has evolved into an ambitious drive to redefine the future of living spaces through architecture, investment, and development.

Humble Beginnings in Housing Security

Before creating Ascarya, Made Subagia Pande understood real estate not just as a commodity but as a foundation of stability for families and communities. His early career revolved around ensuring housing security — guaranteeing that people had safe, reliable places to live. This focus on responsibility became the cornerstone of his leadership philosophy. He took this experience and knowledge to begin working on Indeco Construction & Trade - the holding company that would lay the foundation to what would become Ascarya today.

Rather than chasing rapid profits, Pande focused on trust, integrity, and long-term value. These principles shaped the DNA of Ascarya and continue to guide its strategy as it scales into new markets.

The Birth of Ascarya

Founded with a bold vision, Ascarya integrates three synergistic pillars:

  • Property Development that delivers modern residential, commercial, and mixed-use projects.

  • Architecture & Construction that bring design excellence and sustainable megaprojects to life.

  • Investment & Securities that leverage innovative financial tools such as blockchain tokenization and digital assets to democratize real estate investment.

For Pande, this structure was not accidental. It was designed to bridge the gap between physical spaces and financial innovation, ensuring that Ascarya could both build the future and fund it.

A Founder’s Vision for the Future

Asked about the future, Pande emphasizes that Ascarya is more than a property company:

“We are not just constructing buildings; we are shaping the ecosystems where people live, work, and thrive. Real estate must evolve alongside technology, culture, and sustainability — and that is where Ascarya will lead.”

His vision centers on three key commitments:

  1. Innovation-Driven Development — leveraging Web3, smart infrastructure, and digital securities to expand investment access.

  2. Sustainable Growth — embedding renewable energy, local materials, and eco-conscious design in every project.

  3. Regional Transformation — focusing on Indonesia’s high-growth regions like Lombok, Sulawesi, and Papua, where real estate can spark broader economic progress.

From Communities to Empires

Today, Ascarya is not just a development firm — it is a platform for transformational real estate investment. With a growing project pipeline, international investor interest, and a reputation for blending modern elegance with Indonesian heritage, the company is poised to become a leader in Southeast Asia’s property sector.

Yet Pande remains grounded in his founding principles. “Our empire will only be as strong as the communities we serve. That was true when I first began, and it will be true as Ascarya grows into the future.”

Conclusion

Ascarya represents a rare blend of vision, responsibility, and innovation. From ensuring residential housing security to pioneering a new era of property development and investment, Made Subagia Pande has positioned Ascarya to shape not only Indonesia’s skylines but also the future of how people live, invest, and build communities.