The Ministry of Public Works and Housing (PUPR) has completed the construction of the main road of Lombok International Airport (BILL) to Mandalika Baypass. This completion is in line with the event of World Superbike Championship (WSBK) in November 2021 and MotoGP in 2022. The BIL-Mandalika Baypass... [read more]

PT Repower Asia Indonesia Tbk (REAL) is in active discussion with a number of strategic partners to develop data centers in places including Cikarang and Tangerang and building the communication with PT DCI Indonesia Tbk. (DCII), a data center company. REAL plans to develop digital properties throug... [read more]

To commemorate its sixth anniversary, Dekoruma, the home and living platform collaborates with PT Bank OCBC NISP Tbk to release a digital unsecured loan program (KTA) interior design services. This program provides costumers with 36-month installments for interior design services from Dekoruma. In a... [read more]

Member of Real Estate Indonesia has requested to lower the percentage for Land and Building Right Acquisition Tax (BPHTB) from 5% to 2.5% after Tax Income (Pph) was cut from 5% to 2.5%, resulting in the total of 5% for transaction costs. During the Covid-19 pandemic, properties were sold less than t... [read more]

PT Bank Rakyat Indonesia (Persero) Tbk (BRI) has launched KPR BRI Virtual Expo to boost property credit disbursement and aiming to reach Rp1 trillion in Mortgage (KPR) credit disbursement. BRI is also offering  programs with competitive interest rates, starting from 1.26% annually to 0% down payment... [read more]