Alam Sutera has launched the landed houses named Sutera Sawangan, Depok. The project is aimed at the millennials and Gen Zs in Indonesia and is located on a total land area of 3.5 hectares. Sutera Sawangan offers various types including Topaz which has 84 sqm land area and 75 sqm of building area at... [read more]

The Central Bank of Indonesia (BI) reported that the Residential Property Price Index (IHPR) was recorded at 1.47% year on year (yoy) in the fourth quarter of 2021, higher than in the previous quarter of 1.41% yoy. Based on the Residential Property Price Survey (SHPR), BI indicated the recovery in r... [read more]

PT Puri Wahid Pratama, the owner of Cibinong City Mall (CCM) has appointed PT Adhi Persada Gedung (APG) as the main contractor to construct the CCM 2 project, specifically on its structure, architecture and piping. Cibinong City Mall 2 is designed to have five stories with the total of 50,000 square... [read more]

PT Jasa Marga Tbk, through its subsidiary PT Jasamarga Japek Selatan (JJS) reported that the progress of  South Japek II Section 3 (Tamanmekar-Sadang) as of January 2022, has reached 60.82%. By the end of 2021, JJS has realized Rp 3.95 trillion in capital expenditure on the South Japek II project. [read more]

The government has set the 2023 economic growth at 5.3% to 5.9% range. Consumption and investment are expected to be the main driver to achieve this target. The government also aimed to increase consumptions over 5%, or higher than the achievement in 2021 when it was recorded at 2%. The government a... [read more]