PT Maha Properti Indonesia Tbk (MPRO) will delay the development of new projects due to the outbreak of Covid-19 which is estimated to lower sales and revenues by 31% to 50%. One of the delayed projects includes the construction of its second town house office tower project in Solo named The Kahyang... [read more]

PT Hyundai Motor Manufacturing Indonesia was the largest buyer of PT Puradelta Lestari Tbk (DMAS) with a Rp1.36 trillion-land purchase or 51.73% of DMAS's total sales in 2019. In 2019, DMAS recorded the total revenue of Rp2.65 trillion or 155.8% growth from Rp1.03 trillion in 2018. Its net profit al... [read more]

Crown Group records significant growth in sales during February 2020 due to the exchange rate appreciation of Australian dollar that prompt foreign purchases to Rp130 billion. In early March, ARC Penthouse by Crown Group and Pyrmont Bay were sold at Rp55 billion. The recently completed Infinity by C... [read more]

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]