PT Summarecon Agung Tbk. (SMRA) is optimistic to achieve its targeted marketing sales this year. Currently, SMRA has reached 84% progress or Rp600 billion from the targeted Rp4 trillion. The largest contributors are the projects in Serpong, Bekasi and Bandung which already reached Rp2.73 trillion. -... [read more]

Although the construction of 14.95-kilometer Harjamukti (Cibubur)-Cawang lane of LRT Jabodebek has been completed, facilities for signal, telecommunication and electricity haven’t been available. Furthermore, the construction of the station has only progressed by 50%. Other facilities such as road a... [read more]

PT Ciputra Development Tbk. (CTRA) is optimistic to achieve Rp6 trillion in marketing sales this year from projects, comprising a project in Puri, West Jakarta, a residential project in Sentul, Bogor, an apartment project in Ciracas, East Jakarta and a mixed use project in Driyorejo, Gresik, East J... [read more]

Two developers plan to develop hotels in Labuan Bajo as the development of infrastructure in the tourism destination. One of them is PT Indra Megah Makmur who plans to develop a hotel which comprises 120 units and currently it is searching for potential partners. In addition, PT Satria Mega Kencana... [read more]

PT Sirius Surya Sentosa, the developer of Vasanta Innopark, Cikarang aims to start the groundbreaking construction of its third tower named Chihana by the first quarter of 2020. The launching of this tower has started by the end of July 2019 and it is under the process of priority passes (NUP) which... [read more]