The Central Bank of Indonesia (BI) estimated that Jakarta’s economy will grow by approximately 3.6% to 4.4% in 2021. The growth will be supported by the recovery of the national economy, the Covid-19 vaccination and the continuation of the capital infrastructure development. In August 2021, Jakarta... [read more]

Agung Podomoro Land (APL) is confident to launch its latest residential products in a strategic location near to the LRT stations, street mall, schools, universities, culinary and recreation centers within the one-stop living Podomoro Golf View (PGV). The product of two-story houses named The New Co... [read more]

The visitors of the virtual property exhibition SMF Virtual Griya Expo 2021 held by PT Sarana Multigriya Finansial (SMF) on 18th August until 19th September were dominated by millennials, accounting for 33.5% of the total with the average daily visit of more than 840 visits coming from various regio... [read more]

PT Modernland Realty Tbk, through PT Mitra Sindo Sukses, has begun the handover of The Savoy products in Jakarta Garden City, a township in East Jakarta. The Savoy is a mixed home project in the River Garden. The 2 in 1 residential is the only home and business areas in the River Garden Jakarta Gard... [read more]

PT Waskita Karya (Persero) Tbk is reported to postpone the initial public offering of its subsidiaries, namely PT Waskita Karya Realty (WTR) and PT Waskita Karya Infrastruktur (WKI) due to the Covid-19 pandemic. Waskita Karya is also reported to successfully negotiate with 21 banks for the holding c... [read more]