The construction of the Greater Jakarta LRT project is aimed to complete in 2022, one year later from the earlier plan due to Covid-19 pandemic. As of July 2020, the construction progress has reached 73.8%. The detailed progress comprises 68.85% completion for the Cawang to Dukuh Atas route, 88.71%... [read more]

Amidst the current Covid-19 pandemic, Greenwoods Group continues the development of Citaville Parung Panjang Residential. On 11 August 2020, Greenwoods conducted the topping off on the first phase of Citaville Parung Panjang project at Jl. Raya Sudamanik, Parung Panjang, Bogor, West Java. The first... [read more]

The Indonesian Government will develop I Gusti Ngurah Rai Bali Airport into a super hub to increase its capacity to 50 million passengers from the current 35-37 million. In addition, the super hub will also be a super logistic hub and connecting Australia, Africa, Europe, North Asia and South Americ... [read more]

The price growth of residential properties in the second quarter of 2020 has slowed down. The Residential Property Price Index Survey from the Central Bank of Indonesia indicated a deceleration in the price growth. The condition was reflected in the second quarter of 2020 Residential Property Prices... [read more]

PT Surya Semesta Internusa Tbk. (SSIA) recorded a revenue growth from its property arm, including the industrial estate, maintenance cost and commercial leases in the first semester of 2020 , recording at Rp181.4 billion or increasing by 27.6% from Rp142.4 billion in the first semester of 2019. Its... [read more]