NEWS

PT Indonesian Paradise Property Tbk (INPP) aims to increase recurring income contribution to 70% of total revenue by the end of 2026 to ensure more stable cash flow. In Q1 2026, the company recorded revenue of Rp326.9 billion, up 14% year-on-year, with commercial and hotel assets remaining the main... [read more]

PT Jaya Sukses Makmur Sentosa Tbk (RISE), through Tanrise, is expanding into West Java with a 26-hectare integrated township in East Bandung, with an estimated land value exceeding Rp1 trillion. The project will combine residential and commercial components under a community-based development concep... [read more]

Indonesia’s House of Representatives (DPR) has approved the 2027 State Budget (APBN 2027), setting an economic growth target of 6% and a fiscal deficit of 2.4% of GDP (Rp671.2 trillion). Total state spending is budgeted at Rp4,106.26 trillion, while revenues are projected to reach Rp3,425.1 trillion... [read more]

PT Hutama Karya has commenced construction of an integrated transport hub connecting Terminal 1 and Terminal 2 at Soekarno-Hatta International Airport. Scheduled for completion in February 2027, the facility will integrate seven transportation modes, including the Skytrain, Airport Train, buses, tax... [read more]

Bank Indonesia (BI) reported property credit growth of 18.3% YoY in August 2026, slightly lower than 18.4% YoY in July, with total outstanding loans reaching Rp1,724.7 trillion. Growth continued to be driven by construction loans, which rose 49.5% YoY, while real estate loans increased 15.8% YoY and... [read more]