PT Krakatau Sarana Properti (KSP) with its subsidiaries under Krakatau Steel Group (KRAS) officiated several of their strategic projects simultaneously in the Driving Range Krakatau as a part of the 54th Anniversary of Krakatau Steel. The projects comprise the latest residential, Rakata Arum (Krista... [read more]

PT Puradelta Lestari Tbk. (DMAS), a part of the Sinar Mas Group, announced that two data center companies will invest in Deltamas Industrial Estate by the end of 2024. With this addition, DMAS will have 16 data center investors and increasing its portfolio for data center sector to approximately 300... [read more]

The construction of the Sinsa District commercial area in Eco Town, Sawangan, Depok is aimed to be completed in the fourth quarter of 2025. The project is developed by Lotte Land Sawangan, a collaboration between Lotte Land Indonesia and Vasanta Group. Sinsa District will comprise 54 exclusive units... [read more]

After construction delays due to weather conditions, the government is optimistic that Nusantara Capital (IKN) Airport in East Kalimantan will be ready for limited operation by early September 2024. The Minister of Transportation, Budi Karya Sumadi, stated that the Ministry of Transportation and the... [read more]

The Indonesian government has officially extended the 100% Government-Borne Value Added Tax (VAT) incentive for house buyers until December 2024. In addition, the government also approved the addition for subsidized housing loans or Housing Funding Liquidity Facility (FLPP) from 166,000 to 200,000 h... [read more]