The Ministry of Public Works (PU) has announced that the construction of Trans-Sumatra toll road on the Betung-Tempino-Jambi Section 4, specifically the Tempino-Interchange Ness segment, has undergone the Functional and Operational Feasibility Test (ULFO). This segment is aimed to be completed in th... [read more]

PT MRT Jakarta (Perseroda) to develop a multifunction space in Bundaran Hotel Indonesia area (HI), Central Jakarta which connects the Bundaran HI MRT Station with several buildings in its surroundings. This multifunction space is planned to have the total floor area of approximately 3,000 square met... [read more]

Paramount Land sold out its latest commercial product, Grand Boulevard Aniva and even oversubscribed since its official launch in the middle of August 2025.  Grand Boulevard Aniva offers a unique selling point, including its location at the main entrance gate of Aniva corridor with a maximum visibil... [read more]

The Bank of Indonesia’s Residential Property Price Survey (SPHR) reported a 3.80% yoy decline in the primary residential property sales in the second quarter of 2025, following 0.73 yoy growth in the first quarter of 2025. A quarterly decline was also recorded at 16.72% for the residential property... [read more]

PT Ciputra Development Tbk. (CTRA) achieved Rp1.23 trillion in net profit as of June 2025 or increasing by 20% from Rp1.02 trillion in the same period last year. This increase was driven by the increase in business revenue, reaching Rp5.88 trillion or increasing by 16.76% from Rp5.03 trillion in the... [read more]