Synthesis Development is optimistic with the property market outlook this year due to, among others, the relaxation of Loan to Value (LTV) regulation at 5% and the luxury tax (PPnBM) for housing units below Rp30 billion. The sales performance of Synthesis Residence Apartment Kemang-three towers has... [read more]

Tokyu Land starts its prestigious property project called Branz Mega Kuningan in Jakarta business district (CBD). The project comprises two towers, both a premium condominium of 45 stories and a rental apartment of 35 stories with the land area of one hectare. The project will also have a commercial... [read more]

PT PP Properti (PPRO) issues bonds worth Rp416.46 billion for this year’s financial needs which is a part of its Continuous Public Offering of Continuous Bond II PP Properti with a total target achievement of Rp2.4 trillion. The fund planned for refinancing, investment and strengthening its working... [read more]

The Central Bank of Indonesia (BI) is confident that government stimulus of Rp1 trillion to Rp3 trillion, combined with accommodative policies from BI will be effective to maintain Indonesia’s economic growth at 5% to 5.4% ranges. Previously, BI estimated that Indonesia’s economic will grow in the 5... [read more]

The Central Bank of Indonesia (BI) stated that foreign capital inflow to Indonesia recorded at US$490 million (Year to Date) since early January until today. This surge was affected by the improvement in perception indicator from foreign investors. However, until 27 January 2020 the strong capital i... [read more]