UPDATED NEWS
PT Lippo Karawaci Tbk. (LPKR), through its subsidiary LippoLand, recorded sales of around 12,000 property units in Park Serpong in Tangerang, Banten as of September 2025. LPKR achieved Rp2.47 trillion in marketing sales in the first half of 2025 or equal to 40% of the targeted Rp5.25 trillion for th... [read more]
The Serpong–Bogor Toll Road (Via Parung) project officially entered the Toll Road Concession Agreement (PPJT) stage on Friday (3rd October), while the construction will start in October 2026. According to schedule, the construction is planned to be completed in August 2028. The toll will span the to... [read more]
Indonesia’s manufacturing activity slowed in September 2025. Indonesia’s Manufacturing Index (PMI) based on S&P Global report was recorded at 50.4 or declining from 51.5 in August. Despite the decline, this level remains in the expansion phase. Based on the same report from S&P Global, this decline... [read more]
Vasanta Group, Samty Asia Investment, and Sinar Mas Land form a collaboration to launch Shila Laketown, an iconic estate on a total land area of 53 hectares by adopting the vision of Your Ideal Lakeside Living in Sawangan, Depok. This estate is designed to be the green haven which harmonizes nature... [read more]
Astra Property, through PT Saka Industrial Arjaya (SIA), has officially completed the acquisition of PT Mega Manunggal Property Tbk. (MMLP), becoming the majority shareholder with 83.67% ownership or 5.76 billion shares worth Rp3.3 trillion at Rp580.6 per share. This acquisition is in line with the... [read more]
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