PT Surya Semesta Internusa Tbk (SSIA) secured the second phase funding of US$ 35 million from the International Finance Corporation (IFC) to support the sustainable green development of the Subang Smartpolitan Industrial Estate project. As of the end of May 2021, SSIA recorded the total of Rp 129.2... [read more]

PT Sanurhasta Mitra Tbk (MINA) will continue its expansion despite the market uncertainty due to the on-going Covid-19 pandemic. Currently, MINA has four hectares of land banks in Sanur, Bali and it is planned to develop a beach club. MINA also plans to develop the Griya Sanur Palem project on a tot... [read more]

KJRI Shanghai joins the groundbreaking ceremony of Emerald City Suzhou (ECS) Phase III integrated project. ECS is one of the outbound investments of Indonesia’s property companies in Shanghai through Huibao Group, a partnership between Summarecon and Mayora. The development of ECS Phase I and Phase... [read more]

PT Intiland Development Tbk (DILD) is focusing on landed houses projects aimed at the millennials at unit prices starting from Rp 700 billion to Rp 1 billion. Since the last year, DILD has recorded that the middle segmented residential market has been recovering. The recovery was shown in its market... [read more]

Lavon Swancity doubled its marketing sales from the Aku Mampu program of a 100% VAT relaxation. In the first quarter of 2021, Swancity achieved Rp 500 billion in marketing sales from the sales of up to 60 units per week after the incentive tax program in effect as compared to 10-20 units per week pr... [read more]