NEWS

The Ministry of Public Works (PU), in collaboration with the Toll Road Business Entity (BUJT) PT Hutama Karya (Persero) to complete the construction of Sigli-Banda Aceh (Sibanceh) Toll Road project which spans the total length of 74.2 kilometers. The first toll road project in Aceh Province will soo... [read more]

Data from Bank of Indonesia (BI) recorded the property loan growth as of May 2025 reached 5.9% annually (yoy), similar with the growth in March 2025. In April 2025, the growth rate was recorded at 6.1% yoy. Based on value, May 2025 property loan was recorded at Rp1,442.5 trillion, while in April 202... [read more]

PT Indonesian Paradise Property Tbk. (INPP) or Paradise Indonesia, will commence the development of an integrated project in Balikpapan, East Kalimantan on a total land area of 8 hectares. The first phase of the development is estimated to require approximately Rp200 billion to Rp300 billion investm... [read more]

PT Summarecon Agung Tbk (SMRA), through its subsidiary PT Serpong Cipta Kreasi (SPCK), is expanding its real estate projects in the Serpong Area, Tangerang Regency. SPCK aims to develop new projects on land plots owned and/or managed by SMRA’s affiliations, namely PT Variatata and PT Lestari Kreasi... [read more]

PT Ciputra Development Tbk. (CTRA) aims to achieve Rp11 trillion in marketing sales in 2025, the same target with last year’s achievement due to challenges in declining purchasing power. In the first quarter of 2025, CTRA recorded its marketing sales reaching Rp3.15 trillion. CTRA also recorded its... [read more]