In the second semester of 2020, PT Alam Sutera Realty Tbk. is offering its latest project titled EleVee Penthouses and Residences in Alam Sutera, an apartment project with the total of six towers on four hectares of land area with Rp3 trillion investment and the estimated gross development value of... [read more]

From the targeted 119 companies, 29 companies from Taiwan potentially relocate their factories to Indonesia as production base diversification. The potential investment from the 119 companies reach US$41.39 billion (Rp608 trillion). Before the Covid-19 pandemic, Taiwanese companies based their produ... [read more]

This year, several property companies compete in developing residential estate in western Jakarta which include Bintaro, Serpong, Parung Panjang and Rangkasbitung. PT Agung Podomoro Group (APG) will develop landed houses and commercial area in Tenjo Podomoro City in Bogor Regency on 650 hectares of... [read more]

PT Puradelta Lestari Tbk. is confident to achieve a positive performance this year due to the high inquiry level of approximately 130 hectares. This year, DMAS aims to obtain Rp2 trillion of marketing sales. As of June 2020, it has achieved Rp1.05 trillion or 53% of the target with sales dominated b... [read more]

PT Agung Podomoro Land (APLN) reported that Covid-19 pandemic significantly lowered its average daily traffic in its malls. The average daily traffic in Neo Soho declined from 25,000 in 1H-2019 to 16,000 in 2H-2020. The Senayan City Mall recorded a decline from 52,000 in 1H-2019 to 23,000 in 2H-2020... [read more]