The business activities in the fourth quarter of 2019 was slower than in the third quarter. However, the Central Bank of Indonesia (BI) recorded a positive growth and that the slowdown was in line with the historical pattern. Based on BI’s Business Activities Survey (Survei Kegiatan Usaha), this was... [read more]

PT Adhi Commuter Properti (ACP) allocates Rp2 trillion in capital expenditure for the development of five new projects in Depok, Tangerang and Bogor this year. The projects are high rise construction with the concept of Transit Oriented Development (TOD). ACP also set its marketing sales target for... [read more]

PT Maha Properti Indonesia Tbk (MPRO) claims to have achieve 300% growth in marketing sales or Rp170 billion from Rp42 billion in 2018. From this growth, MPRO recorded Rp36 billion in profit or 185% higher than in 2018. This year, MPRO plans to focus on the completion of an office project in Solo an... [read more]

PT Kani Sentosa cooperates with Samera Propertindo to establish PT Samera Kani Jaya for the development of “Sam City” residential in Marendal, Daliserdang, South Sumatra with approximately Rp100 billion in investment and to be launched in early 2020. The project adopts the concept of self-sustained... [read more]

MRT Jakarta project phase II route Bundaran HI-Kota will start its construction by the end of 2020. Currently CP202 and CP203 are being auctioned with the auction of CP201 for route Bundaran HI-Harmoni already completed and the construction to start in March 2020. -Detik.com [read more]