Nishitetsu and Pulau intan collaborate to develop a luxury resort apartment named The Veranda in Lebak Bulus, South Jakarta. The Veranda is developed by focusing on health, luxury, and tranquil green oasis. The project includes 47 indoor and outdoor facilities comprising putting green, sunken seater... [read more]

Waldorf Astoria Jakarta, a six-star luxury hotel will operate in 2023. The hotel is located in the Autograph Tower within Thamrin Nine Integrated Development, Central Jakarta. It is managed by Hilton Worldwide Holdings Inc. with the total of 183 rooms, including exclusive facilities of an all-day di... [read more]

PT Urban Jakarta Propertindo Tbk. (Urban Jakarta) is optimistic that Transit Oriented Development (TOD) properties in Jakarta and its surrounding areas are potential in line with the recurring demand and the Covid-19 vaccination program from the government. Urban Jakarta is currently working on five... [read more]

The Minister of Finance Sri Mulyani projects that economy growth will start to accelerate in the second quarter of 2021 in line with the national economy recovery program amidst the global challenges from the Covid-10 pandemic. In the 2021 State Budget, the state revenue is aimed at Rp1,743.6 trilli... [read more]

PT Perintis Triniti Properti Tbk. (TRIN) reported 125% month to month sales growth in December from November 2020. The largest contributor was the mixed-use project named Marc’s Boulevard in Batam at 53%. In 2021, TRIN will focus on a new project development, including TOD projects, Affordable Housi... [read more]