PT Mega Manungal Property Tbk. (MMLP) will soon conclude its divestment transaction of four warehouse estates to form a private investment along with Keppel Corp and PT Asuransi Jiwa Manulife Indonesia. It is expected to secure a net funding of Rp1.1 trillion. The transaction is expected to conclude... [read more]

The construction of the Jakarta-Bandung Highspeed Train continues to progress after a temporary halt in the early Covid-19 pandemic outbreak. Currently, the progress has reached 56%. Cumulatively, the project is aimed to be completed between the end of 2022 and early 2023, contributing to the nation... [read more]

Synthesis Development offers Synthesis Homes, a new 4.7 hectare residential cluster in Ciputat, South Tangerang, Banten, comprising 267 units of a two-story landed house with smart home features. This project has the facility of fiber optic network with a durable high-level security and transmission... [read more]

A 4,300-hectare Batang Integrated Industrial Estate is currently under accelerated development. The first phase land area of 450 hectares owned by PTPN IX is planned to be operational in 2021. The infrastructure construction will start in the November-December period, including the construction of a... [read more]

PT PP Properti Tbk. (PPRO) is completing its projects and there will be seven projects to be handed over in the fourth quarter of 2020. By the second half of 2020, PPRO recorded Rp366 billion in marketing sales, or declining by 61.26% from Rp945 billion in the same period last year. This year, PPRO... [read more]