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View all search resultsAll presidential candidates have vowed to solve the housing problem in Indonesia where properties are beyond the reach of many hopeful homeowners, either due to soaring prices or an insufficient supply of land to accommodate rising demand.
Ratings agency PT Pemeringkat Efek Indonesia (Pefindo) has downgraded state-owned developer Perum Perumahan Nasional (Perumnas) medium-term debt to default after the company failed to pay its dues.
Despite the slow progress, railway-based public transportation operators, city-owned PT MRT Jakarta and state-owned PT Kereta Api Indonesia (KAI), have been gearing up to develop their TODs in several locations across Greater Jakarta.
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