In the first semester of 2020, PT PP Properti Tbk (PPRO) has achieved 15.25% of its marketing sales target for this year. For 2020, the subsidiary of PT PP (Persero) Tbk. aims to achieve Rp2.4 trillion and in the first six month of 2020 achieved Rp366 billion in marketing sales with the biggest cont... [read more]

The Indonesia government promised a business friendly regulation for the property sector after the implementation of Cipta Kerja Law in September which will apply regulation efficiency, including the spatial regulation, land bank provisions, right to use (HPL), above/below ground spaces and land own... [read more]

The traffic around Thamrin area will be re-routed until 2025 for the construction section CP201 of phase II Jakarta MRT, especially for the construction of Thamrin Station. Currently, the project is under scanning and structural evaluation processes. During the construction process starting in Octob... [read more]

The Indonesia Industrial Estate Association (HKI) recommends five areas to be the factories relocation choices for foreign companies, comprising West Java, Central Java, East Java and Riau Islands. Until the end of June 2020, HKI recorded that 50 investors have resided in those industrial estates wi... [read more]

PT Metropolitan Land Tbk. (MTLA) reported a lower property sales due to the Covid-19 pandemic in the first semester of 2020, but it remains optimistic by optimizing its existing market segmentation of middle and middle lower segments to reach its target of Rp2 trillion to Rp2.1 trillion marketing sa... [read more]