PT Mega Manunggal Property Tbk. (MMLP) recorded its e-commerce sector contributed to 20% of the total tenancy. Currently, MMLP is constructing a new warehouse for Lazada on a 35,000-square meter land area in Depok which will be handed over by the end of this year. The demand for warehouse alone rec... [read more]

PT Ciputra Development Tbk. (CTRA) is optimistic to achieve Rp6 trillion in marketing sales this year from projects, comprising a project in Puri, West Jakarta, a residential project in Sentul, Bogor, an apartment project in Ciracas, East Jakarta and a mixed use project in Driyorejo, Gresik, East J... [read more]

PT Sirius Surya Sentosa, the developer of Vasanta Innopark, Cikarang aims to start the groundbreaking construction of its third tower named Chihana by the first quarter of 2020. The launching of this tower has started by the end of July 2019 and it is under the process of priority passes (NUP) which... [read more]

Two developers plan to develop hotels in Labuan Bajo as the development of infrastructure in the tourism destination. One of them is PT Indra Megah Makmur who plans to develop a hotel which comprises 120 units and currently it is searching for potential partners. In addition, PT Satria Mega Kencana... [read more]

PT Cibitung Tanjung Priok Port Tollways estimates that the construction of Cibitung—Cilincing toll road will be completed next year. The 34-kilometer toll road will be the new access to Tanjung Priok port that connects West Java and DKI Jakarta. As of 3 October 2019, the progress of land acquisition... [read more]