The price growth of residential properties in the second quarter of 2020 has slowed down. The Residential Property Price Index Survey from the Central Bank of Indonesia indicated a deceleration in the price growth. The condition was reflected in the second quarter of 2020 Residential Property Prices... [read more]

PT Jaya Sukses Makmur Sentosa Tbk. (Tanrise Property) is preparing a few new projects in East Java to meet next year’s market demand. The new projects will start in the second semester of 2020, including a commercial area in Tanrise City Jember.  The Tritan Hub Sidoarjo is a multi-purpose tower to m... [read more]

The pessimistic estimation on tax revenue this year is recorded at -14% (YOY), far from the government’s expectation of the 10% range due to the declining economic growth. In the second quarter of 2020, the economic growth was contracted by 5.32%. [read more]

PT Summarecon Agung Tbk achieved Rp80 billion from the sales of 63 Blue Crystal Residence units in Summarecon Mutiara Makassar, Makassar, South Sulawesi in five hours after the launch of its first phase. Most of the units were offered starting from Rp940 million to Rp2.3 billion and they were mostly... [read more]

Waskita Realty offers its latest product, the Dhama Cluster, in Vasaka Bali project with a modern tropical design of its clusters. The Dhama Cluster offer a unit type of 128/140 square meters for land and building areas. The unit daily price installment starts from Rp800,000 with a complete home app... [read more]