PT Pollux Indonesia Tbk. (POLL) has completed three projects in 2020, including the Pollux Chadstone Cikarang, the Pollux Meisterstadt Batam and the World Capital Tower in Jakarta. In 2020, POLL has allocated Rp400 billion for its capital expenditure in which Rp300 billion has already spent. As of A... [read more]

Sinar Mas Land has launched its latest cluster named Garden Hous by adopting a multifunction house concept after the success of its previous clusters. Hous is the acronym of Home, Office, and Urban Shop or a three-in-one house. The three-story house will have three bedrooms and two bathrooms, residi... [read more]

Impacted by the Covid-19 pandemic, PT Adhi Persada Properti (APP) has delayed the launch of its new apartment projects. Instead, it focuses to sell its ready stocks. The delayed projects include the Conexio Apartment in Jatibening-Bekasi, the Apartment for Nation in Tambun, the apartment project in... [read more]

PT Yiho Jakarta Real Estate Development (Yiho Jakarta) will develop the Sentosa Park project in Tangerang New City, a self-sustaining city, with approximately Rp450 billion in investment. It will reside on a total land area of 10 hectares located in the CBD area. To develop an integrated and unified... [read more]

The government plans to establish an Investment Management Institution (LPI) or Sovereign Wealth Fund (SWF) as included in the Cipta Kerja Ombibus Law Regulation (RUU) to attract investments in Indonesia. For its independency, there will be supervisory and director boards, comprising five members fr... [read more]