At the latest policy meeting (29/06) Bank Indonesia decided to relax the loan-to-value (LTV) and financing-to-value (FTV) ratios in the country’s property sector (effective per 1 August 2018). By lowering down payment obligations for the consumer, the central bank aims … Continue reading →
Keppel Land, the real estate arm of Singapore-based conglomerate Keppel Corp, signed a conditional sales and purchase agreement with Indonesia’s Bank Central Asia, or BCA, to acquire a central business district area in Jakarta. According to a company statement released … Continue reading →
The Japanese government has expressed its wish to take part in several major infrastructure projects in Indonesia, Public Works and Housing Minister Basuki Hadimuljono said after accompanying President Joko “Jokowi” Widodo to meet with Japanese guests at the Presidential Place … Continue reading →
China Communications Construction Group (CCCG) through its subsidiary PT China Harbor Jakarta Real Estate Development officially started the construction of Daan Mogot City or Damoci in West Jakarta. The first phase of investment fund of Rp 4 trillion is prioritized … Continue reading →
Indonesia offered investment opportunities in 35 infrastructure projects worth $30.5 billion at this year’s Nomura Investment Forum Asia, which took place in Singapore this week, National Development Planning Minister Bambang Brodjonegoro said in a statement on Wednesday (07/06). “Infrastructure development … Continue reading →