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View all search resultsConsumer interest in low-cost housing dominated the property market demand in the first half of the year, while sales started to pick up amid the impact of the pandemic on the sector, online property marketplace 99 Group data show.
The government is preparing a regulation that will become a legal basis for relevant government institutions to supervise developers taking part in the construction of low-cost houses with state money for low-income people.
State construction firm PT Wijaya Karya (WIKA) signed a US$2 billion (US$26.7 trillion) commitment with Saudi Arabian firm Adil Makki Contracting Company (AMCO) on Thursday to build 8,000 low cost housing units, as part of government infrastructure improvement.
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