PT Perintis Triniti Properti (TRIN) recorded Rp11.6 billion in revenue in the first quarter of 2020, lower than in the first quarter of 2019 of Rp75.3 billion. The decline was due to the implementation of PSAK 72. However, its marketing sales revenue in the first quarter was recorded at Rp93.9 billi... [read more]

PT Agung Podomoro Land Tbk (APLN) relies on its existing projects amidst the corona virus pandemic, including Vimala Hills, Podomoro Golf View and Podomoro Park Bandung as these types of products meet the market’s need. These projects provide the added value with the concept of nature balance and ho... [read more]

PT Lippo Cikarang Tbk (LPCK) has booked the total of Rp574 billion in revenue by the first quarter of 2020 or 44% higher than in the same period last year when it was recorded at Rp399 billion. The growth was contributed mainly from the sales of houses and apartment units worth Rp562 billion in the... [read more]

The government and the Central Bank of Indonesia (BI) are committed to complete the burden sharing scheme regarding the funding of national economy recovery. The latest discussion covers the public funding to be bourne 100% by the central bank, while non-public goods funding to be bourne by the gove... [read more]

In addition to discounts, developers also offer other attractive promotions to grab buyers’ attention. Sinar Mas Land has launched the Move in Quickly program which provides up to 20% discount and a free right transfer duty (BPHTB) which will end on 30th of June. Ciputra Development also has adopted... [read more]