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 →
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 →
Global hospitality marketplace Airbnb will expand its business in Indonesia as it considers the country to be one of the most important markets in the Asia-Pacific. Airbnb’s country manager for Southeast Asia, Hong Kong, and Taiwan, Robin Kwok, said that Indonesia is one of the fastest growing countries … Continue reading →
A number of businesses experts provided an evaluation on the performance of subsidized housing development. Experts asserted that the low percentage of housing construction achievement is mainly caused by a number of obstacles faced in the beginning of 2017. Chairman … Continue reading →
The World Bank Executive Directors Agency has approved a USD 450 million funding to support the Indonesian government in expanding the affordable housing program for lown-income people. The approval was signed on March 17, 2017. Chief Representatives of the World … Continue reading →