The Central Bureau of Statistics (BPS) reported that the number of foreign tourist visits to Indonesia in November 2020 has reached 175,300 visits, a sharp decline by 86.31% from November 2019. However, the number of visits grew by 13.9% from 153,900 visits in October 2020. [read more]

BPS reported the 2020 inflation at 1.68%, the lowest since it started the inflation data compilation back in 1966. Compared to 2014, 2020 inflation was at the low level. In 2014, inflation was recorded at 8.3%, then it declined to 3.35% in 2015. In 2016, inflation was recorded at 3.02% and in 2017 a... [read more]

PT Ciputra Residence, a subsidiary of Ciputra Group is confidence that the property demand in the eastern area of Malang will grow after the completion of several infrastructure projects in the area. Since 2015, Ciputra Group has been developing the exclusive residential of CitraGarden Malang on a 1... [read more]

Trans Properti has completed the apartment complex of the integrated project of Transpark Cibubur, comprising an apartment and an integrated hotel with a mall residing on a total land area of four hectares. The partial handover of Aurora Tower’s unit started on 31 December 2020 by following the stri... [read more]

PT Mahkota Sentosa Utama (MSU), the developer of Meikarta, conducted the handover of 2,000 units in the District I area and the topping off of two towers in the District 2 area. Meikarta also opens Meikarta Owner’s Club in the District 2 as a facility for its buyers and a new show unit in the Distri... [read more]