Sixteen companies have relocated to Indonesia from mainland China, Taiwan, Japan, South Korea and the United States despite a global downturn in investment as a result of the Covid-19 pandemic. According to the Investment Coordinating Board (BKPM) they are expected to bring US$7.15 billion investmen... [read more]

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]

PT Perdana Gapuraprima Tbk.,  (Gapuraprima) aims for a 5% growth and more than Rp500 billion in marketing sales in 2021 by focusing on the handover of two apartment projects in Jakarta. The handover is for units in Belleveu MT Haryono Jakarta Apartment which has been 60% sold and Baileys Apartment i... [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]

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]