Several developers are optimistic that the effectiveness of the added tax value borne by the government (PPN DTP) incentive, which was also extended to houses priced up to Rp5 billion, will be better than the incentive during the pandemic. The developers are currently eagerly waiting for further det... [read more]

PT Adhi Karya Tbk (ADHI), is confident that the property business will continue to grow and develop in the future. Through one of its subsidiaries, PT Adhi Commuter Properti Tbk (ADCP), the company is constructing several Transit Oriented Development (TOD) in Ciracas, Cibubur, Tebet, Bogor, Bekasi a... [read more]

The Residential Property Price Survey (SHPR) result from the Bank of Indonesia indicates that the annual price of residential property in the primary market increased in the third quarter of 2023 at 1.96% (yoy) annually, higher than the growth recorded in the previous quarter of 1.92% (yoy). The sur... [read more]

PT Metropolitan Land Tbk (MTLA) achieved a total marketing sale of Rp1.3 trillion as of October 2023, or 73% of the targeted total of Rp1.8 trillion. Entering the second semester of 2023, MTLA also recorded Rp301 billion in net profit, an increase of 12% from the previous period of Rp269 billion. MT... [read more]

The Cinere - Jagorawi Toll Road (Cijago) Section 3B Krukut - Limo has completed the functional test process and will soon be operational. The toll project which connects the west and east region from Jakarta Outer Ring Road (JORR) 2 has a total length of 14.64 kilometers. It comprises three sections... [read more]