Property developers recorded a strong recovery in marketing sales since the government implemented the tax incentives last March. PT Ciputra Development Tbk. (CTRA) recorded its marketing sales at Rp2.8 trillion by the end of May 2021 or increasing by 89% from May 2020 (yoy). PT Lippo Karawaci Tbk. (LPKR) also recorded an increase of 86% (yoy) in marketing sales to Rp1.3 trillion or equal to 37% of its target of Rp3.5 trillion. Meanwhile, PT PP Properti Tbk. (PPRO) secured Rp202.48 billion in marketing sales by the end of May.