The Bank of Indonesia recorded that consumers’ perception towards the current economic condition remains strong, as reflected by the current Economic Condition Index (IKE) at the optimistic zone of 110.9 in February 2024. From its official statement on Wednesday (13th March), the optimistic IKE was... [read more]

Gafoy culinary destination has entered the modern retail property market in Kelapa Gading, North Jakarta. The culinary destination is an extension of the Summarecon Mall Kelapa Gading and resides on a total land area of 11,000 square meters with lease area reaching 8,500 square meters. Gafoy will ho... [read more]

PT Metropolitan Land Tbk. (MTLA) aims for 5% growth in its marketing sales and recurring income or approximately Rp1.9 trillion throughout 2024. This target is in line with a number of MTLA’s new residential projects to be released this year. MTLA also allocates Rp750 billion from its internal and l... [read more]

Living World Mall Cibubur Kota Wisata, a shopping center project from the collaboration between Kawan Lama Group and Sinarmas Land conducted the soft opening on Friday (15th March). The mal development adopts the concept of ‘Home Living & Eat-Tertainment) and is claimed to be the largest mall in eas... [read more]

The Ministry of Public Works and People's Housing (PUPR) reports that the Cimanggis-Cibitung Toll Road section, a part of the Jakarta Outer Ring Road (JORR) 2 toll road network, is targeted to be completed by April 2024. With the completion of this section, the JORR 2 Toll Road will be fully connect... [read more]