The government is confident that the targeted 2021 tax revenue of Rp1,229.6 trillion or 2.6% higher than Rp1,198.8 trillion in 2020, will be achieved. A number of strategies have been prepared amidst several tax incentives aimed at maintaining business liquidity and improving the public’s economic p... [read more]

The development of Lavaya Residence & Resort, a premium resort and residential project from Gandaland, has progressed by 85%. The handover is expected to start by the end of this year. It is one of Gandaland’s commercial projects in Tanjung Benoa, Bali. Lavaya Residence & Resort offers a 5-story low... [read more]

PT Mitra Sindo Sukses, a subsidary of PT Modernland Realty Tbk., accelerates the construction and sale of Cleon Park Apartment, its first apartment project in Jakarta Garden City, East Jakarta. The construction of Cleon Park Apartment was started on 23rd September 2020 and it is planned to be handed... [read more]

Tanrise Property is developing a digital-based warehouse project named Tritanhub on a total land area of 1.8 hectares in Sidoarjo, East Java to meet the growing demand of digital business despite the on-going Covid-19 pandemic. The 146-capacity warehouse has the project value of Rp125 billion and it... [read more]

Sinarmas Land Limited has acquired three property entities based in Indonesia with the total value of Rp347.77 billion. The three entities comprising PT Bumindo Repenas Jayautama (BRJ), PT Cibubur Permai Lestari (CPL) and PT Gunung Indah Permai Lestari (GIPL). By the end of September 2020, the net a... [read more]