PT Sirius Surya Sentosa, the developer of Vasanta Innopark will conduct the first phase topping off ceremony of Aoki and Botan towers with the hand over process of the two towers planned in early 2021. In addition to the topping off ceremony, Sirius will also launch its third tower named Chihana by... [read more]

The Ciputra Beach Resort in Bali developed by Ciputra in 2019 has recorded a significant sales increase by achieving its target. Located in Tabanan Regency, it focuses on the Nivata Cluster which is dominated by land plot sales with unit prices starting from Rp2.6 billion. In addition, Sadana Cluste... [read more]

Paramount Land remains optimistic on the property market outlook in 2020. Its latest project, Arcadia Grande Commercial Center, Gading Serpong is expected to receive positive responses with the improving economic growth of 5.04% recorded in 2019. The project has a good location and an easy access wi... [read more]

The Investment Coordinating Board (BKPM) states that domestic property investment in 2019 has surged by 79%, from Rp24.57 trillion to Rp43.96 trillion. The number of projects also increased from 1,142 projects to 3,942 projects. However, foreign investment declined by 34% from Rp74.37 trillion to Rp... [read more]

The construction of MRT Jakarta Phase II which started in March 2019 comprising Phase 2A with the main lane of 5.8 kilometers with six underground stations (Thamrin, Monas, Harmoni, Sawah Besar, Mangga Besar, Glodok) and one at grade station (Kota) and Phase 2B comprising Kota station, Mangga Dua, G... [read more]