NEWS

PT Surya Semesta Internusa Tbk. (SSIA) recorded a revenue growth from its property arm, including the industrial estate, maintenance cost and commercial leases in the first semester of 2020 , recording at Rp181.4 billion or increasing by 27.6% from Rp142.4 billion in the first semester of 2019. Its... [read more]

The price growth of residential properties in the second quarter of 2020 has slowed down. The Residential Property Price Index Survey from the Central Bank of Indonesia indicated a deceleration in the price growth. The condition was reflected in the second quarter of 2020 Residential Property Prices... [read more]

PT Jaya Sukses Makmur Sentosa Tbk. (Tanrise Property) is preparing a few new projects in East Java to meet next year’s market demand. The new projects will start in the second semester of 2020, including a commercial area in Tanrise City Jember.  The Tritan Hub Sidoarjo is a multi-purpose tower to m... [read more]

The pessimistic estimation on tax revenue this year is recorded at -14% (YOY), far from the government’s expectation of the 10% range due to the declining economic growth. In the second quarter of 2020, the economic growth was contracted by 5.32%. [read more]

PT Summarecon Agung Tbk achieved Rp80 billion from the sales of 63 Blue Crystal Residence units in Summarecon Mutiara Makassar, Makassar, South Sulawesi in five hours after the launch of its first phase. Most of the units were offered starting from Rp940 million to Rp2.3 billion and they were mostly... [read more]