PT Metropolitan Land Tbk. revises its capital expenditure (Capex) for 2020 from Rp600 billion to Rp225 billion due to the Covid-19 pandemic. As of August 2020, it has absorbed approximately Rp132 billion for the Capex. With the revision, the construction of Royal Venya Ubud and Horison Hotel Kertaja... [read more]

The government prepares nine new toll road projects of 412.22 kilometers in length with Rp108.31 trillion of investment to connect strategic areas on Java and Bali Islands. Until early 2021, the Ministry of Public Works and Public Housing (PUPR) will prepare new eight toll roads as visioned by Presi... [read more]

Sinar Mas Land has launched its latest cluster named Garden Hous by adopting a multifunction house concept after the success of its previous clusters. Hous is the acronym of Home, Office, and Urban Shop or a three-in-one house. The three-story house will have three bedrooms and two bathrooms, residi... [read more]

PT Yiho Jakarta Real Estate Development (Yiho Jakarta) will develop the Sentosa Park project in Tangerang New City, a self-sustaining city, with approximately Rp450 billion in investment. It will reside on a total land area of 10 hectares located in the CBD area. To develop an integrated and unified... [read more]

Impacted by the Covid-19 pandemic, PT Adhi Persada Properti (APP) has delayed the launch of its new apartment projects. Instead, it focuses to sell its ready stocks. The delayed projects include the Conexio Apartment in Jatibening-Bekasi, the Apartment for Nation in Tambun, the apartment project in... [read more]