The Minister of Public Works and Housing Basuki Hadimuljono instructed the acceleration of Gate to Gate South Jakarta-Cikampek (Japek) II construction which connects Jakarta Outer Ring Road (JORR) 1, JORR 2 and Purwakarta-Bandung-Cileunyi (Purbaleungyi) Toll Roads. The project completion is expected... [read more]

PT Hotel Sahid Jaya International Tbk (SHID) is confident that the hotel business will recover in the second semester of 2021. SHID will also launch four innovative products which are developed to meet the need and dynamics of the latest market. The four products comprise Rimbun, an outdoor/rooftop... [read more]

Podomoro Tenjo City achieved the marketing sales of 2.200 units in its project in Tenjo, West Java since the launch in August 2020. The handover will start in phases by the end of 2022. The Podomoro Tenjo City project is projected to be a satellite city and self-sustaining city comprising premium sh... [read more]

PT Lippo Karawaci Tbk (LKPM) recorded positive growth and profit in 2021 with the average product price increase of 10% - 13% compared to 2020. Cendana Parc Phase 1 in Lippo Village has sold 467 house units with the marketing sales reaching Rp 401.4 billion. LKPM is also preparing the marketing of i... [read more]

PT Menara Astra or Astra Property optimizes its sales through digital channels to maintain its performance during the Covid-29 pandemic and the Public Activities Restriction (PPKM). PT Astra International Tbk, the holding company of Astra Property, recorded a net profit of Rp 83 billion from the pro... [read more]