PT PP Properti Tbk. is developing the Grand Kamala Lagoon area on a 28-hectare land area with the concept of a floating city in Kalimalang-Bekasi, near the West Bekasi Toll Gate. The project is the first mixed-use project of PP Properti, designed by the Development Design Group, comprising more than... [read more]

PT Mas Murni Indonesia Tbk. plans to complete the construction of its mixed-use project in Embong Malang, Surabaya through one of its subsidiaries, PT Anugerah Mitra Lestari in 24 months since the construction continuation in 2021. In addition, PT Mas Murni Indonesia Tbk. has also acquired 19 hectar... [read more]

Paramount Land is confidence for an improving property market in 2021 and it aims to achieve Rp2.6 trillion in marketing sales or 18.18% higher than the target in 2020 and it also allocates Rp1.5 trillion in capital expenditures. In mid 2021, Paramount Land will launch four new products in Gading Se... [read more]

PT Lippo Cikarang Tbk. (LPCK) aims for Rp1.4 trillion in marketing sales in 2020 with 70% are expected to come from affordable landed houses. Within the first nine months of 2020, LPCK recorded Rp928 billion in marketing sales or increasing by 46% from Rp634 billion in the same period last year. By... [read more]

PT Pakuwon Jati Tbk. (PWON) is optimistic that the property business will recover in 2021 by concentrating on its mixed-use projects. PWON has allocated approximately Rp800 billion to Rp1 trillion of capex for 2021 for the development of a condominium project in Bekasi, a four-star hotel and a five-... [read more]