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]

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]

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]

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]

The construction of the access road from Cipali Toll Road to Kertajati West Java International Airport (BJIB) in Majalengka Regency has been completed and will soon be operating. The construction of its gates, toll gate offices and road signs have been completed according to the minimum service stan... [read more]