PT MRT Jakarta (Perseroda) continues the construction of Bundaran HI-Kota route MRT Phase 2A on schedule. The two new stations, namely Thamrin and Monas will first operate in 2027. The construction of this project comprises three parts with the first part, which includes Bundaran HI, Thamrin, and Mo... [read more]

PT Pantai Indah Kapuk Dua Tbk (PANI) plans to increase its equity participation of its subsidiary, PT Bangun Kosambi Sukses Tbk (CBDK), through the acquisition of PT Agung Sedayu (AS) and PT Tunas Mekar Jaya (TMJ) shares. The total transaction value reaches Rp16.12 trillion, or equivalent to 54.78%... [read more]

Sinarmas Land launched the ultra-luxurious Botanic Villa cluster at Navapark, BSD City, featuring only 14 exclusive units built on the total land area of 1.7 hectare. The modern villa residences which are aimed at the super high end market adopts the concept of modern villa and are offered at prices... [read more]

The World Bank projected Indonesia’s economy to grow by 4.8% yoy in 2026, increased from the April 2025 projection of 4.7% yoy. Meanwhile, the Asian Development Bank (ADB) cut its projections from 5% (April) to 4.9% (September) in 2025. IMF also revised its projection to 4.7% yoy. The slow down in g... [read more]

PT Sentul City Tbk (BKSL) introduced Spring Valley Extension residential, in the Spring City area as a continuation of the Spring Valley which was handed over in May 2022. The latest project adopts the concept of biodiversity neighborhood and complete facility and comprises 124 units in two types of... [read more]