PT Pakuwon Jati Tbk. (PWON) allocates Rp1.1 trillion in capital expenditures in 2021 to fund property development projects, property renovations and land acquisitions. PWON prepares Rp100 billion for the renovation and shopping center developments in Yogyakarta and Solo as the retail mall sector is... [read more]

In 2020, PT Puradelta Lestari Tbk. (DMAS) recorded Rp2.39 trillion in marketing sales or 19% higher than its target for 2020. However, this achievement was 19.52% lower than the marketing sales in 2019 when it was recorded at Rp2.9 trillion. As of September 2020, DMAS recorded Rp1.38 trillion in mar... [read more]

PT Diamond Citra Propertindo Tbk. (Diamond) launched Apple5 Condovilla with a total investment of Rp300 billion. The handover of the 427-unit low rise apartment project is targeted in 2023. The project comprises five towers and it resides on a total of 3,400 square meters with each unit having a 5-m... [read more]

PT PP Properti Tbk. is optimistic that residential sales in 2021 will grow at 10%-15% ranges with the marketing sales aimed to reach Rp1.38 trillion. One of the residential projects under development is Grand Kamala Lagoon (GKI) in Bekasi, West Java, residing on a total land area of 28 hectares. It... [read more]

PT Bakrieland Development Tbk. plans to develop a mixed-use property, Rasuna Park with foreign strategic partners. The TOD development requires a total investment of Rp7 trillion. The joint venture project between Bakrieland and the Provincial Government of DKI Jakarta will include foreign investors... [read more]