The Central Bank of Indonesia (BI) recorded that foreign exchange reserve of Indonesia was at US$137 billion as of the end of August 2020 or increasing by US$1.9 billion as compared to the month of July at US135.1 billion. The August level was recorded as the highest in history, equivalent to 9.4 mo... [read more]

Summarecon Bekasi will launch Magenta Residence, an innovative healthy residential with a modern design. It is the third cluster within The Orchard in the Summarecon Bekasi area, residing on a total land area of 30 hectares. The cluster adopts the modern tropical architectural design which combines... [read more]

As of the third week of August 2020, PT Kawasan Industri Jababeka Tbk. (KIJA) achieved Rp145 billion in marketing sales which was contributed by its residential-commercial segment at 47% of the total marketing sales. The marketing sales during the current period of third quarter is expected to be hi... [read more]

The Greater Jakarta area is preparing for Transit Oriented Development (TOD) projects integrated with the mass public transportation. There are at least ten of property projects initiated by private companies and approximately 57 projects by the government. The value of these developments reaches at... [read more]

PT Rockfields Properti Indonesia Tbk. holds Initial Public Offering (IPO) on 1-3 September 2020. The developer of Noble Bouse in Mega Kuningan, Jakarta and International Exchange House in Rasuna Said, Jakarta offers 287.04 million shares at Rp1,340 per share and aims to obtain Rp384.63 billion. Appr... [read more]