The Central Bank of Indonesia (BI) has relaxed the Loan to Value (LTV) and Financing to Value (FTV) for property mortgage loans to the maximum of 100%, effective from March to December 2021. It allows consumers to apply mortgages for houses (KPR) and apartment (KPA) with a down payment of 0%. This r... [read more]

PT Puradelta Lestari Tbk. (DMAS) aims for Rp2 trillion in marketing sales this year or 16.31% less than its marketing sales in 2020 of Rp2.39 trillion. This target will be supported by the sales of industrial estates as the potential in this sector remains positive in 2021 in line with the high dema... [read more]

PT Jasa Marga (Persero) Tbk. through its subsidiary, PT Jasamarga Kunciran Cengkareng (JKC) continues the construction of Cengkareng-Batuceper-Kunciran Toll Road which is expected to operate soon. As of 14 February 2021, the construction progress or the physical construction has reached 93.06% with... [read more]

The Central Bank of Indonesia (BI) decided to lower the key interest rate or BI 7 Days Reverse Repo Rate by 25 basis points (bps) to 3.5%. In addition, BI also lowered the deposit facility interest rate by 25 bps to 2.75% and lending facility to 4.25%. [read more]

The Central Bank of Indonesia (BI) recorded the growth in house (KPR) and apartment mortgage in the fourth quarter of 2020 or improving by 3.42% annually (yoy) from 2.05% (yoy) in the third quarter of 2020. Based on the Residential Property Price Survey (SHPR), KPR and KPA mortgage disbursement also... [read more]