The last two sections of Pandaan-Malang Toll Road, or Section IV Singosari-Pakis, is completed and already passed the feasibility test by the Toll Road Management Agency (BPJT). The 38.35-kilometer Pandaan-Malang Toll Road is developed with Rp5.9 trillion investment and will reduce the travel time t... [read more]

Although the construction of 14.95-kilometer Harjamukti (Cibubur)-Cawang lane of LRT Jabodebek has been completed, facilities for signal, telecommunication and electricity haven’t been available. Furthermore, the construction of the station has only progressed by 50%. Other facilities such as road a... [read more]

PT Summarecon Agung Tbk. (SMRA) is optimistic to achieve its targeted marketing sales this year. Currently, SMRA has reached 84% progress or Rp600 billion from the targeted Rp4 trillion. The largest contributors are the projects in Serpong, Bekasi and Bandung which already reached Rp2.73 trillion. -... [read more]

PT Mega Manunggal Property Tbk. (MMLP) recorded its e-commerce sector contributed to 20% of the total tenancy. Currently, MMLP is constructing a new warehouse for Lazada on a 35,000-square meter land area in Depok which will be handed over by the end of this year. The demand for warehouse alone rec... [read more]

PT Ciputra Development Tbk. (CTRA) is optimistic to achieve Rp6 trillion in marketing sales this year from projects, comprising a project in Puri, West Jakarta, a residential project in Sentul, Bogor, an apartment project in Ciracas, East Jakarta and a mixed use project in Driyorejo, Gresik, East J... [read more]