Sinar Mas Land to hand over the first phase of Nuvasa Bay project in Batam to the unit owners in The Nove Residence since the end of 2019. The Nove Residence is the only exclusive resort-concepted residential in Batam residing on 228-hectare of land area in Nongsa, Batam. Not only that, Sinar Mas La... [read more]

Adhi Karya will develop 12 Transit-Oriented-Development projects (TOD) which include the Eastern Green project near the Bekasi Station. While PT Wijaya Karya (Persero) through PT Wika Realty Tbk, will develop at least five strategic property projects in the next five years which includes the develop... [read more]

The Central Bank of Indonesia (BI) estimates that the total value from 14 largest e-commerce in Indonesia is reaching Rp265.07 trillion in 2019. The transaction value rapidly grew from Rp80.82 trillion in 2017 to Rp145.95 trillion in 2018. This data includes the transactions of domestic and imported... [read more]

The construction of MRT Jakarta Phase II which started in March 2019 comprising Phase 2A with the main lane of 5.8 kilometers with six underground stations (Thamrin, Monas, Harmoni, Sawah Besar, Mangga Besar, Glodok) and one at grade station (Kota) and Phase 2B comprising Kota station, Mangga Dua, G... [read more]

The Investment Coordinating Board (BKPM) states that domestic property investment in 2019 has surged by 79%, from Rp24.57 trillion to Rp43.96 trillion. The number of projects also increased from 1,142 projects to 3,942 projects. However, foreign investment declined by 34% from Rp74.37 trillion to Rp... [read more]