The government accelerates a number of infrastructure projects for the next few years. With the establishment of the Sovereign Wealth Fund (SWF) or the Investment Management Authority (INA), the projects may be developed without relying on the National Budget (APBN) or debt. The project includes LRT... [read more]

The Minister of Finance and Head of Commissions of the Sovereign Wealth Fund (SWF) Indonesia Sri Mulyani stated that the government aims for the Indonesian Investment Authority (INA) to draw in the total of Rp300 trillion investment. This amount is set from the ownership ratio of 30% by the Indonesi... [read more]

PT Agung Podomoro Land Tbk. (APLN) is offering Everest Clusters in the integrated residential estate Vilmala Hills Villa & Resort in Gadug, Ciawi, Bogor after the groundbreaking procession on 5th March. Vimala Hills Villa & Resort is constructed by PT Putra Adhi Prima, a subsidiary of Agung Podomoro... [read more]

Nongsa D-Town, a mixed-use development project collaboration between Citramas Group and Sinar Mas Land (SML) through the consortium of PT Citra Sinar Global, is officially opened. It is the extension of Nongsa Digital Park project which was inaugurated in 2018. The digital economic estate which resi... [read more]

The government provides tax holiday for tax added value (PPN) on houses with the maximum price of Rp2 billion. This incentive which is included in the 2021 National Economic Recovery (PEN) program is limited for landed and vertical residentials. The government also provide 50% reduction on PPN for r... [read more]