PT Modernland Realty (Modernland) developing a shophouse complex in Kota Modern, Tangerang a township which resides on 400 hectares of land area, called Ruko Golf Boulevard Commercial Park. There will be 40 shophouses constructed on 6,000 square meters of land area with a Modern Tropical design. Cur... [read more]

PT Emerald Land Development officially conducts the groundbreaking of a mixed-use development on a 50-hectare of land area named Emerald Neopolis, in West Karawang, West Java. The project integrates landed houses in Emerald Park Cluster, an apartment, a shopping center, office spaces, education faci... [read more]

The Ministry of Public Work and Housing (PUPR) temporary suspend the construction of Jakarta-Bandung High-Speed Train project (KCJB) since the second of March after the Construction Safety Committee (Komite Keselamatan Konstruksi/K2K) officially send written instruction to PT Kereta Cepat Indonesia... [read more]

PT Bumi Serpong Damai Tbk aims for 11% growth in marketing sales to Rp7.2 trillion this year. Residential segment is expected to be the main contributor at 58% of the total or Rp4.2 trillion. While commercial is expected to reach 28% and the remaining from joint venture with its strategic partners.... [read more]

PT Summarecon Agung Tbk reported that the take up of its apartment product is declining due to over-supply and buyers prefer to purchase landed houses. However, SMRA Apartment in Summarecon Bekasi experiences a price growth from Rp200 million per unit when it was first launched to become Rp400 milli... [read more]