The pessimistic estimation on tax revenue this year is recorded at -14% (YOY), far from the government’s expectation of the 10% range due to the declining economic growth. In the second quarter of 2020, the economic growth was contracted by 5.32%. [read more]

PT Jaya Sukses Makmur Sentosa Tbk. (Tanrise Property) is preparing a few new projects in East Java to meet next year’s market demand. The new projects will start in the second semester of 2020, including a commercial area in Tanrise City Jember.  The Tritan Hub Sidoarjo is a multi-purpose tower to m... [read more]

PT Hutama Karya aims to complete three toll roads in the Sumatra Island this year and for two toll lanes to operate soon, including Sigli-Banda Aceh section-4 lane and Pekanbaru-Dumai lane which in the operational permit stage from the Ministry of Public Work and Housing (PUPR). The Medan-Binjai tol... [read more]

PT Metropolitan Land Tbk. (MTLA) prepares a new project with the concept of Transit Oriented Development (TOD) in the Cawang area, East Jakarta next year. The project will include landed houses, a shopping center, a four-star hotel, shophouses and other supporting facilities. This year, MTLA will fo... [read more]

Waskita Realty offers its latest product, the Dhama Cluster, in Vasaka Bali project with a modern tropical design of its clusters. The Dhama Cluster offer a unit type of 128/140 square meters for land and building areas. The unit daily price installment starts from Rp800,000 with a complete home app... [read more]