NEWS

The Bank of Indonesia (BI) decided to raise its benchmark interest rate or the BI Rate, by 25 basis points (bps) to 5.5% on Tuesday (9th June) as the result of depreciated Rupiah above Rp18,000 per US Dollar. Similarly, the Deposit Facility rate and the Lending Facility were also increased by 25 bps... [read more]

As of May 2026, CitraLand Cirebon has achieved 45% of its annual sales target. A number products which became the main contributors to the sales in Kota Cirebon including, cluster Primrose, Neo Marigold, Neo Iris, and its latest cluster, Elderwood. Currently, Elderwood cluster, which adopts the conc... [read more]

The government in collaboration with the Directorate General of Road Infrastructure has aimed to operate new toll roads which total span reaching 1,500 kilometers by the end of 2029, as contained in the 2025-2029 Strategic Plans (Renstra) compiled by the Toll Road Management Agency (BPJT). Currently... [read more]

Consortium between Swire Properties and Jakarta Setiabudi Internasional (JSI Group) has officially began the unit handover process for the Savyavasa luxury apartment in the Dharmawangsa area of South Jakarta. The process occurred amidst the strengthening trend of premium property market in South Jak... [read more]

PT MRT Jakarta is currently constructing an extended concourse at Bundaran HI Station, an underground commercial area that will connect Bundaran HI MRT Station, a TransJakarta bus stop, and Plaza Indonesia. The construction progress of this commercial area has reached 7.83% and is targeted for compl... [read more]