The Bali Urban Subway or Bali LRT project consists of four development phases. The project with a total investment value reaching US$ 20 billion or Rp309.72 trillion will be developed in four phases. As a whole, the first and second phase will be fully operational by the end of 2031. This project wa... [read more]

PT Krakatau Sarana Properti (KSP) with its subsidiaries under Krakatau Steel Group (KRAS) officiated several of their strategic projects simultaneously in the Driving Range Krakatau as a part of the 54th Anniversary of Krakatau Steel. The projects comprise the latest residential, Rakata Arum (Krista... [read more]

The construction of the Sinsa District commercial area in Eco Town, Sawangan, Depok is aimed to be completed in the fourth quarter of 2025. The project is developed by Lotte Land Sawangan, a collaboration between Lotte Land Indonesia and Vasanta Group. Sinsa District will comprise 54 exclusive units... [read more]

PT Puradelta Lestari Tbk. (DMAS), a part of the Sinar Mas Group, announced that two data center companies will invest in Deltamas Industrial Estate by the end of 2024. With this addition, DMAS will have 16 data center investors and increasing its portfolio for data center sector to approximately 300... [read more]

The Indonesian government has officially extended the 100% Government-Borne Value Added Tax (VAT) incentive for house buyers until December 2024. In addition, the government also approved the addition for subsidized housing loans or Housing Funding Liquidity Facility (FLPP) from 166,000 to 200,000 h... [read more]