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Companies 1 month ago
PREMIUM
Ministry flags Danantara, BPKP to solve delayed LRT City projects
The public housing minister is doubling down on protecting consumers of the delayed multi-project LRT City development, calling on stakeholders to suggest solutions while urging an investigative audit by the BPK to assess the actual condition of state-owned developer ACP.
Asia & Pacific 4 months ago
Hong Kong allows fire victims to visit ravaged homes
Victims of Hong Kong’s deadliest fire in decades began government-supervised visits to their ravaged former homes on Monday for the first time since the November blaze, looking to retrieve personal items that might have survived.
Opinion 4 months ago
PREMIUM
Analysis: Meikarta to Tanah Abang: Public housing in private hands
of its plan to deliver 3 million homes, the government is partnering with state-owned PT Kereta Api Indonesia (KAI) and PT Astra International to build 1,000 low-cost flats on KAI-owned land in Tanah Abang, Central Jakarta, financed through Astra’s corporate social responsibility (CSR) scheme. While the model appears efficient, it raises a key question: Is this a sustainable solution to Indonesia’s housing shortage, or merely a stopgap that masks deeper structural gaps and potential quid pro quo dynamics?
Regulations 7 months ago
PREMIUM
Plan to build subsidized apartments in Meikarta raises doubts
The Public Housing and Settlements Ministry plans to transform parts of the long-stalled Meikarta project in Bekasi, West Java, into a subsidized apartment complex (Rusun) to provide affordable homes in urban areas for low-income earners.
Economy 7 months ago
PREMIUM
Jakarta’s apartment supply sees steep decline in 2025
A report from property consultancy Colliers Indonesia shows that only around 2200 units were added to the apartment supply in the capital last year, marking a significant drop from some 4,000 new units that had entered the market in 2024.
Markets 1 year ago
PREMIUM
Developers push back against plan to raise landed house tax
Real Estate Indonesia (REI) has suggested that the government address structural issues plaguing high-rise living instead, ranging from unrealistic pricing benchmarks to frequent conflicts in poorly managed apartment communities.
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