Lippo Malls Indonesia Retail Trust (LMIRT) recorded a higher annual lease revenue and gross revenue at US$ 29.6 million (Rp 315.5 billion) and US$ 49.7 million (Rp 529.7 billion), respectively from previously US$12.6 billion (Rp 134.3 billion) and US$ 27.4 million (Rp 292 billion) in the second quar... [read more]

Swancity’s strategy to expand its brand through the China Solutions Live Streaming is one of the strategies which can be explored by other Indonesian large-scale developers. Moreover, China is a potential market. In the same time, the Indonesian government has issued regulations which permit foreign... [read more]

PT Perdana Gapuraprima Tbk (GPRA) is optimistic to achieve a 5% to 10% marketing sales this year with the availability of incentives, including the Value-Added Tax Borne by the Government (PPB DTP), low interest rates, zero percent down payment. The incentives have been a positive catalyst in boosti... [read more]

Rumah.com and Real Estate Indonesia (REI) will launch a virtual property expo named Rumah.com & REI Property Expo this year to increase economic recovery in the property sector as well as to promote the #TimeToBuy campaign from developers. According to the data from REI, in the first quarter of 2021... [read more]

The Ministry of Agrarian and Spatial Planning aims to operate the land bank this year and currently, it is waiting for the Presidential Regulation to further regulate the operational. The land bank is meant to secure land availability for an equitable economy, public interests, social, development,... [read more]