PT Ciputra Property Tbk is poised to build six budget hotels this year

In the third quarter, average industrial land price rose by 60 percent over the same period last year

National property growth reaches high level

The property development focused in business and tourism areas

Algeria has great potential for project developments

The most preferred project locations are the golden triangle area Thamrin-Sudirman-Kuningan-Gatot Subroto, and along the TB Simatupang corridor

Marina Bay Residences and Marina Bay Suites’ prospective buyers are foreigners, including Indonesian citizens

Premium hotel room supply in Jakarta will increase next year

The property market in Makassar, South Sulawesi, is considered quite prospective

Activity in the shopping center lease is expected to remain high throughout 2011

The absorption of the landed house market in the first half of this year increased by 25% compared to same period last year

Office rental rates in Jakarta was recorded as the only one experiencing positive growth, when rental rates in some countries in Asia Pacific region experienced a decline

Several foreign investors are exploring the possibility of investing directly in Indonesia through property projects

Rental prices in Jakarta’s central business district may rise further as the number of units fails to meet demand at a time when foreign companies are increasingly looking to set up shop in the capital

The capital city will have at least eight new shopping centers by the end of this year, signaling continued growth of the property industry and the overall economy

Provincial government of DKI Jakarta emphasizes that old and new building have to have green building certificate released by Green Building Council Indonesia (GBCI)

Implementation of property loan disbursement soared 15.07 percents to IDR 249.7 trillion in last year, from IDR 217 trillion in 2009

Demand on landed house in Jakarta and other area around Jakarta will grow 20% in this year

Supply of office spaces in Jakarta forecast to grow 5% in this year

The property sector in Greater Jakarta is expected to show positive growth in this year, although it is lower than managed at last year, on the back of positive macroeconomic conditions and the global economic recovery