PT Menara Astra (Astra Property), a subsidiary of Astra Group, will accelerate Arumaya, a luxury apartment project, in TB Simatupang, South Jakarta in collaboration with Hong Kong Land for the topping off ceremony in 2021. The Arumaya project resides on a total land area of 2.6 hectares, comprising... [read more]

Citra Swarna Group introduced the concept of Green and One Stop Living for Kartika Residence while it also held the handover of 170 housing units for the Karahayuan Cluster at the Kartika Residence 2 Marketing Gallery on Jl. Raya Klari Karawang Timur. Karahayuan Cluster has sold approximately 85% of... [read more]

PT Surya Semesta Internusa Tbk. (SSIA), through its subsidary PT Suryacipta Swadaya (Suryacipta) prepares the development of Subang Smartpolitan on a total land area of 2,700 hectares in Subang, West Java. The groundbreaking ceremony is planned to happen in November 2020. SSIA has received inquiries... [read more]

The government prepares nine new toll road projects of 412.22 kilometers in length with Rp108.31 trillion of investment to connect strategic areas on Java and Bali Islands. Until early 2021, the Ministry of Public Works and Public Housing (PUPR) will prepare new eight toll roads as visioned by Presi... [read more]

PT Metropolitan Land Tbk. revises its capital expenditure (Capex) for 2020 from Rp600 billion to Rp225 billion due to the Covid-19 pandemic. As of August 2020, it has absorbed approximately Rp132 billion for the Capex. With the revision, the construction of Royal Venya Ubud and Horison Hotel Kertaja... [read more]