The Central Bank of Indonesia (BI) recorded the growth in house (KPR) and apartment mortgage in the fourth quarter of 2020 or improving by 3.42% annually (yoy) from 2.05% (yoy) in the third quarter of 2020. Based on the Residential Property Price Survey (SHPR), KPR and KPA mortgage disbursement also... [read more]

The Ministry of Transportation (Kemenhub) added four new sea tolls, totaling to 30 routes in 2021, comprising 106 ports (including 9 base ports and 97 transit ports). The additional routes are expected to increase goods distribution and economic developments in remote regions and undeveloped areas a... [read more]

The Central Bureau of Statistics (BPS) reported the January 2021 imports at US$13.34 billion or 7.59% lower than in December 2020 or month to month and decreased by 6.49% compared to January 2020 year on year. [read more]

PT Metropolitan Kentjana Tbk. (MKPI) aims for Rp400 billion in marketing sales in 2021. MKPI will also focus on completing the development of Pondok Indah Mall 3 and Pondok Indah Office Tower and to operate them in April 2021. To complete these projects, MKPI has allocated Rp600 billion in marketing... [read more]

Sinar Mas Land offers phase 2 Lumihous Cluster in Legenda Wisata Cibubur on 30 January 2021 with prices below Rp1 billion per unit and it was 100% sold out. With the tagline of Your Signature House, Lumihous offers various features, including the access and location, signature concept and signature... [read more]