UPDATED NEWS
The construction of Cimanggis-Cibitung Toll Road as a part of Jakarta Outer Ring Road (JORR) 2 is entering the completion phase. Currently, the land acquisition progress has reached 86.52% while the construction has progressed by 78.80%. The land acquisition is estimated to be completed by June 2022... [read more]
The construction of Lombok International Airport (BIL)- Mandalika Bypass is aimed to increase the road network within the Super Prioritized Tourism Destination (DPSP) Mandalika-Lombok, West Nusa Tenggara Province and MotoGP circuit connectivity. The project is targeted to be completed in September 2... [read more]
The government will develop 89 flyovers along the Jakarta-Surabaya Semi-High Speed Train project. The flyovers are aimed to avoid level crossings along the project and they will also be integrated with the Jakarta-Surabaya High Speed project. This project will be completed by Japan International Coo... [read more]
PT Intiland Development Tbk. (Intiland) successfully marketed most of its SOHO units in its latest development named Tierra in Surabaya. Tierra SOHO Surabaya was launched in April 2021 as a commercial project on a total land area of one hectare. It is the first phase of the integrated project Tierra... [read more]
Incentives and relaxation in the property sector given by the government has impacted positively to developers, including Swancity who develops a residential in the Tangerang New City Area. Currently, 70 house units remain as a stock from the total of 2,700 units in Swancity project 1 namely Lavon 1... [read more]
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