The Ministry of Finance issued a new policy through the Regulation of the Finance Minister 237/PMK.010/2020 regarding Tax Treatment, Duty and Levy in the Special Economy Zone (KEK) to increase capital investment and accelerate business activities in KEK. The 100% tax cut facility of Corporate Tax (P... [read more]

PT Ciputra Development Tbk. (CTRA) recorded Rp5 trillion in marketing sales in 2020 or 18.03% lower than its achievement in 2019 at Rp6.1 trillion. However, the 2020 achievement was 4.5% higher than the target. Meanwhile, PT Summarecon Agung Tbk. (SMRA) recorded Rp3.3 trillion in marketing sales in... [read more]

PT Adhi Commuter Properti (ACP) continued to progress its property development business in parallel with the plan for an IPO in the fourth quarter. ACP also plans to target Rp1.54 trillion in marketing sales and Rp93 billion in the recurring income. Some of the ready projects include LRT City Bekasi... [read more]

PT Perintis Triniti Properti Tbk. (TRIN) is optimistic that the property business will improve in 2021 after the regulation implemented by the government in controlling Covid-19 pandemic and the low interest rates. In the next three to five years, TRIN will focus on affordable landed houses, Transit... [read more]

Wida Agung Group launched its latest project, Widari Village Tangerang, residing on a total land area of 15 hectares. The project adopts the concept of a modern real estate, comprising 1,000 housing units of various types with facilities such as a jogging track around a pond, a gym, a club house, a... [read more]