PT Ciputra Residence will launch new clusters in four of its existing project in March 2020. The clusters are part of the Citra Maja Raya, Citra Garden Putri, Citra Raya and Citra Sentul Raya projects. Despite not having certain segment targeted, the middle segment below Rp1 billion and upper segmen... [read more]

PT Astra Modern Land has been handing over the units of Semayang Cluster, a part of Asya project which is an integrated residential area in Jakarta Garden City, East Jakarta since February 2019. Currently, the progress of the construction has reached 90% on 70 hectares of land area. The development... [read more]

The government plans to amend several regulations for the building construction permit which comprise regulations on the administration, building planning, zonation, building intensity and building architecture. These amendments are contained in the Cipta Kerja Regulation Draft (RUU) which has been... [read more]

Ciputra Group aims to sell property in its integrated project CitraLand BSB City in Semarang this year to grow higher than 50% after in 2019 recording 200% market growth which was dominated by the Rp600 million to Rp23 billion price segment. The CitraLand BSB City Development started in 2013 on 1,00... [read more]

PT Kawasan Industri Jababeka Tbk (KIJA) continues the extension of Kendal Special Economic Zone (KEK) or Kendal Industrial Park (KIP) to 860 hectares due to the increasing demands. Previously, KIP is known as Kawasan Industri Kendal, a joint venture between Sembcorp Development Ltd and KIJA who owns... [read more]