The government plans to amend several regulations for the building construction permit which comprise regulations on the administration, building planning, zonation, building intensity and building architecture. These amendments are contained in the Cipta Kerja Regulation Draft (RUU) which has been... [read more]

PT Perintis Triniti Properti Tbk (TRIN) plans for expansion after its Initial Public Offering last January reached Rp129.76 billion. TRIN will allocate 35% of the total revenue for working capital and the development of Marc’s Boulevard Superblock project in Batam. The mixed-use project will reside... [read more]

PT Pelindo IV (Persero) has started the construction of Manado Marina Bay (MMB) Port with Rp1 trillion investment to support the tourism in North Sulawesi. The construction of various facilities includes a hotel, a shopping center, yacht and cruise ship docks which are planned to be completed in 202... [read more]

President Joko Widodo (Jokowi) issued Presidential Decree No. 18 of 2020 concerning the National Medium Term Development Plan for 2020-2024. The regulation contains several strategic projects to be completed in the next five years. Some of these projects include the construction of new capital city,... [read more]

Paramount Land remains optimistic on the property market outlook in 2020. Its latest project, Arcadia Grande Commercial Center, Gading Serpong is expected to receive positive responses with the improving economic growth of 5.04% recorded in 2019. The project has a good location and an easy access wi... [read more]