Commission II of the People's Representative Council of Indonesia and the Ministry of Land and the National land Agency (ATR/BPN) have agreed to delay the implementation of electronic land certificates as it will be further evaluated. [read more]

The apartment project owned by HKR (owner), HK Building Division as the contractor and PT Hakaston (HKA) as the concrete supplier, namely H Residence Sentul, has sold 254 units worth of Rp88.6 billion as of 24th of March. The unit prices of H Residence Sentul start from Rp300 million to Rp700 millio... [read more]

Trans Property conducted the topping off ceremony for its fourth apartment tower, the Emerald Tower in the Transpark Juanda Bekasi. Currently, the sales of Emerald Tower has reached 60% with the hand over procession expected in April 2022. The residential Transpark Juanda Bekasi comprises five tower... [read more]

PT Perdana Gapuraprima Tbk. (GPRA) is confident that the business in 2021 will recover as the Covid-19 vaccination has started in line with the government’s policy to support the business performance in the property sector. GPRA allocates Rp200 billion in capital expenditure for its 2021 plan to foc... [read more]

The Ministry of Finance Sri Mulyani Indrawati projects that national economy in the first quarter of 2021 will range between minus 1% and 0.1% (yoy). Despite the annual contraction, this projection indicates a recovery from minus 2.19% yoy in the fourth quarter of 2020. [read more]