The Central Bank of Indonesia may ease the Minimum Required Giro (GWM) due to uncertainties in the global economy and the Fed’s interest rate which are forecast to continue until December 2019. BI has taken several macroprudential policies such as easing the loan-to-value ratio to boost residential... [read more]

Mustika Land Development (Mustika Land Group) to collaborate with a Japanese property investor, Creed Group to develop an integrated residential area in Sukamulya, Bekasi with the concept of SAFE or Smart, Active, Fun, and ECO on a 35-hectare land area. The project is named Mustika Sukamulya with th... [read more]

Emerald Land Development (ELD) launches the Emerald Terrace residential project worth of Rp50 billion located in Jati Asih, Bekasi equipped with premium facilities. The residential project resides on two hectares of land area and it offers a 2-storey modern minimalist residential concept with prices... [read more]

PT Bakrieland Development Tbk. through its subsidiary PT Bakrie Swasakti Utama (BSU) offers ready apartment units in Rasuna Epicentrum, Kuningan, South Jakarta in two towers named The Masterpiece (200 units) and The Empyreal (262 units). Each unit is offered starting from Rp40 million per square met... [read more]

The Government confirmed that the airport project in Kediri Regency, East Java will start in early 2020 and it is projected to be completed by the end of 2021. The National Strategic Project will positively impact not only connectivity, but also the development of this area and its population. Deti... [read more]