NEWS

The LRT Jakarta Phase 1B, Velodrome-Manggarai route project with Rp4.1 trillion in investment owned by PT Jakarta Propertindo has progressed to 74.37%, exceeded the initial target of 73.89% completion. Currently, the construction is focused on the upper structure and the train trackwork. This projec... [read more]

The West Java provincial government supports the development of Patimban Industrial Estate, an industrial estate developed by PT Wahana Mitra Semesta and PT Griya Idola with the signing of the Memorandum of Understanding. The supports will include fast permit processing to ease investment and operat... [read more]

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]