PT Graha Properti Sentosa (Vasanta Group) has started the development of the integrated tourism area of Mawatu in Batu Cermin Beach, Labuan Bajo, West Manggarai Regency, West Nusa Tenggara Province. Mawatu is a mixed-use tourism development that resides on a land area of approximately 12 hectares wi... [read more]

The Finance Ministry aims to achieve Indonesia’s Gross Domestic Product (GDP) growth to reach by 6% in 2023 through the mid-term structural reform, starting with the state budget in 2022. The government will spend more on improving human capital and infrastructures, as well as bureaucratic and regul... [read more]

Sinar Mas Land is committed to conduct the handover of its properties on time, specifically for the already sold out projects including O2, O2+, Monte Torena, Torena+, Westfield Shophouse and Grand Business Park Compact Office Building and Garden Hous. Since the end of 2020, the construction of seve... [read more]

PT PP Properti Tbk (PPRO) aims for Rp1.3 trillion of marketing sales in 2021 and Rp1.7 trillion in revenue. This year, PPRO has allocated Rp439 billion in capital expenditures for the development of hotels in Lombok, mall constructions and paid-capital of its subsidiaries. Currently, PPRO is focus o... [read more]

PT Lippo Karawaci Tbk. (LPKR) is confident that its property sales will grow by 30% this year after the implementation of several incentives from the government, including Tax Added Value incentive (PPN). In the first quarter of 2021, Lippo Karawaci recorded Rp1.31 trillion in marketing sales or inc... [read more]