PT Modernland Realty Tbk offers its third phase project of new city Modernland Cilejit in Tangerang, Banten Province on a total of 1,000 hectares of land area. The Transit Oriented Development (TOD) is directly integrated with the Cilejit Commuter line Station and offering subsidized housing (RS) ty... [read more]

JW Smart Office Tower & Convention Hall in Jatiwaringin, East Jakarta, developed by PT Capri Nusa Satu Properti Tbk (CPRI) is set to operate in April 2020. CPRI aims to secure the revenue of Rp10 billion and the net revenue of Rp5 billion to Rp6 billion from this project by the end of 2020. JW Smart... [read more]

The Yogyakarta International Airport (YIA) in Kulon Progo, Yogyakarta will be fully operational on 29 March 2020 following the transfer of all flights from Adisutjipto Airport Yogyakarta to YIA. As one of the National Strategic Projects (PSN) from the government, YIA is aimed to solve the problem wi... [read more]

The World Bank has approved a US$300 million or Rp4.8 trillion (exchange rate Rp16,000) loan for Indonesia to support the financial sector reformation in Indonesia for economic growth. The Indonesian government has taken several steps to strengthen its financial sector, especially in financial monit... [read more]

In respond the outbreak of Covid-19, the Central Bank of Indonesia (BI) cut the interest rate to 4.5% and revised Indonesia’s economic growth from 5%-5.4% to 4.2%-4.6%. The interest rate cut has no significant effect to the property industry because technically, marketing activities are hindered by... [read more]