NEWS

PT Ciputra Development Tbk. (CTRA) recorded Rp5 trillion in marketing sales in 2020 or 18.03% lower than its achievement in 2019 at Rp6.1 trillion. However, the 2020 achievement was 4.5% higher than the target. Meanwhile, PT Summarecon Agung Tbk. (SMRA) recorded Rp3.3 trillion in marketing sales in... [read more]

The Ministry of Finance issued a new policy through the Regulation of the Finance Minister 237/PMK.010/2020 regarding Tax Treatment, Duty and Levy in the Special Economy Zone (KEK) to increase capital investment and accelerate business activities in KEK. The 100% tax cut facility of Corporate Tax (P... [read more]

PT Perintis Triniti Properti Tbk. (TRIN) is optimistic that the property business will improve in 2021 after the regulation implemented by the government in controlling Covid-19 pandemic and the low interest rates. In the next three to five years, TRIN will focus on affordable landed houses, Transit... [read more]

Wida Agung Group launched its latest project, Widari Village Tangerang, residing on a total land area of 15 hectares. The project adopts the concept of a modern real estate, comprising 1,000 housing units of various types with facilities such as a jogging track around a pond, a gym, a club house, a... [read more]

Toll Road Management Agency reported that the 34-kilometer construction progress of Cibitung-Cilincing Toll Road has reached 82.4% and the investment value of Rp4.22 trillion. The construction of the project which will connect the industrial areas in Cikarang and Tanjung Priok Port is expected to be... [read more]