President Joko Widodo stated that the majority of the IKN development fund came from investors and 20% from the government. He also stated that investors can freely choose the area and sector they are interested to invest in, reiterating that this is the golden opportunity for them to participate in... [read more]

PT Adhi Commuter Properti Tbk (ADCP) in collaboration with PT Urban Jakarta Propertindo (URBN) has launched Stay G at LRT City Jatibening. Stay G is one of the brand service residences launched by KSO ADCP & URBN in the LRT City Jatibening residential which is directly integrated with Jatibening Bar... [read more]

Vasanta Group through PT Pakuan Tbk in collaboration with PT Diamond Development Indonesia (DDI) have conducted the groundbreaking ceremony of Tilia Cluster Depok in West Jakarta. The cluster comprises types including Protico, The Courtyard and The Terrace with exclusive design concept with greenery... [read more]

Hankyu Hanshin Properties Corp through PT CPM Assets Indonesia, has acquired the commercial estate of Central Park Mall from Agung Podomoro Land (APLN). One of the reasons for the 85% Central Park Mall ownership since 22 September 2022 was Indonesia’s attractive economic growth. Going forward, Hanky... [read more]

The International Monetary Fund (IMF) revised its global economic growth projection for 2023 to 12.7%. In its July 2022 World Economic Outlook report, IMF previously projected the global economy to reach 2.9%. The global economy in 2023 will face three main challenges including, the Russia and Ukrai... [read more]