The Government confirmed that the airport project in Kediri Regency, East Java will start in early 2020 and it is projected to be completed by the end of 2021. The National Strategic Project will positively impact not only connectivity, but also the development of this area and its population. Deti... [read more]

The Government’s plan to move the capital city to East Kalimantan positively affected Borneo Bay City project from PT Agung Podomoro Land Tbk. (APLN), which was started in 2013. Its proximity to the new proposed capital city increases the public’s interest to this project. Borneo Bay City resides on... [read more]

After nearly sold out its units in the first, second, and third towers, and its fourth tower already 20% sold since its launch in June, Transpark Juanda in East Bekasi is optimistic to sell its fifth tower which comprises 11 storeys through Transproperty. The construction of the residential project... [read more]

Based on the data from the Central Bureau of Statistics (BPS), the Gross Fixed Capital Formation (PMTB) in the second quarter of 2019 was at 5.01% (YOY), lower than in the same period last year of 5.85% (YOY). In the assumption of economic growth in the 2020 State Budget, the Government has set PMTB... [read more]

PAM Group, through its subsidiary PT Wulandari Bangun Laksana, continues its property development in the Coastal Road area which most of the land area are reclaimed land area. The Coastal Road project resides on 55 hectares of land area and is located in the middle of a city and close to Sultan Aji... [read more]