The loan disbursement in July 2024 showed a 9% yoy growth, the highest this year. According to data from the Bank of Indonesia (BI), the property loan grew reaching Rp 1,391.3 trillion. This growth started in April 2024, when it reached 7.8% yoy and continued to May 2024 to 8.8%. [read more]

PT Hutama Karya (Persero) continues the construction of two lanes of Betung (Sp. Sekayu)-Tempino-Jambi Section 1A (Betung-Tungkal Jaya) Toll Road with the total length of 30.7 kilometers and Section 4 (Interchange (IC) Tempino-IC Ness) with the total length of 18.5 kilometers. This construction also... [read more]

The Bank of Indonesia (BI) decided to keep the benchmark interest rate (BI Rate) at 6.25%, the deposit facility rate at 5.5%, and the lending facility rate at 7% in the 20th to 21st August BI Governors Board Meeting. This decision focuses on the pro-stability monetary policies and Rupiah’s stable ex... [read more]

PT Agung Podomoro Land Tbk. (APLN) welcomes the Nusantara Capital (IKN) by launching Borneo Bay Residences in Balikpapan and The Premier Hills in Samarinda. The Borneo Bay Residence itself adopts the concept of superblock and is offering 2 years Rental Guarantee program for 1-bedroom type and fully... [read more]

In 2024, Greewoods Group will launch Greenwoods Country Serpong in Banten and Greenwoods Country in Semarang, Central Java by adopting the concept of multicluster development. Greenwoods Group will also launch the signature product from Damara, namely Damara Estate in Bali which will be developed in... [read more]