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property-developer

Environment 4 years ago

Ready to live in darkness: Villagers around Kediri's new airport say they'll never leave

While many villagers around the new airport under construction in Kediri have sold their land, a few said they'll stay forever, no matter what.

Business 5 years ago

BTN to loan Rp 75 billion to property SMEs through KoinWorks

BTN signed a memorandum of understanding (MoU) with KoinWorks on Thursday.

Business 5 years ago

Mandiri property expo goes online as homebuyers turn to digital marketplaces

99 Group Indonesia’s CEO Chong Ming Hwee said on Wednesday that the Mandiri Festival Properti Indonesia 2020 would feature 131 development projects managed by 39 developers.

Business 5 years ago

Mortgage subsidies accessible to more citizens as Indonesia hit by pandemic

The government launched Rp 1.5 trillion (US$89.7 million) in mortgage subsidies for 175,000 low-income families nationwide.

Business 6 years ago

Builder Totalindo eyes Rp 3 trillion in contracts in 2020

Publicly listed construction company PT Totalindo Eka Persada has achieved 10 percent of its target to book Rp 3 trillion (US$218 million) in new contracts in 2020, following its weak financial performance and plummeting share prices last year.

Business 6 years ago

Property developer Andalan Sakti shares soar 70% in stock market debut

Andalan Sakti’s price skyrocketed from Rp 105 per share to Rp 178 within three minutes of the start of trading, indicating investors’ strong interest in the company’s prospects.

Business 6 years ago

Property developers, banks rush to woo millennial homebuyers

Millennials, who make up nearly a quarter of Indonesia’s population, are becoming an increasingly hot market for property developers and mortgage lenders.

Business 6 years ago

PREMIUM
Property developers express concern over ‘thinning’ housing loan subsidy

Property developers are lobbying the government and House of Representatives over what they call “thinning” funds allocated to the government’s subsidized housing program, which has become a key growth driver in the sector.