11:20 pm October 23, 2014 | No Comment
Property developers in Jakarta will be obliged to allocate 20 percent of their property units for low-cost apartments if their construction projects cause people to be evicted from their homes, Jakarta Acting Governor Basuki Tjahaja Purnama said.
12:41 pm October 21, 2014 | No Comment
Listed property company Cowell Development, through its subsidiary Satria Pusaka Permata Perkasa, is collaborating with state construction company PP and Jakarta government-owned Bank DKI to complete work on its Lexington Residence project in South Jakarta.
8:36 pm October 20, 2014 | No Comment
Falling oil prices, like the 12 percent drop witnessed in the past three weeks, make investments even more perilous for exploration and production companies such as Encana.
9:55 pm October 13, 2014 | No Comment
Chinese developer Agile Property, battling an industry slowdown and media speculation about ties to China’s former security chief, says it is in talks with banks about extending what remains of a $475 million loan due in December.
2:25 pm October 13, 2014 | No Comment
Property developers are starting development projects worth a total of Rp 4.4 trillion ($360 million) in Jakarta satellite’s Puncak area of Bogor in West Java, adding new apartments, condominium, hotels and villas to the resort region
5:53 pm October 12, 2014 | No Comment
Singapore’s listed developers and real estate investment trusts face their heaviest burden of near-term maturities on record just as home prices drop.
10:48 am October 7, 2014 | No Comment
Tirta Wahana Bali Internasional, a property development unit of tycoon Tomy Winata’s Arta Graha Network, is continuing with its Rp 30 trillion ($2.5 billion) reclamation project in Benoa Bay, Bali, after receiving state permits.
12:34 pm September 30, 2014 | No Comment
Australian policy makers have two housing markets to worry about, and it’s a toss up which carries the most risk. One is too cold, the other too hot. One they can’t do anything about as it is in China, the other is a homegrown headache the authorities are just starting to wrestle with.
5:31 pm September 19, 2014 | No Comment
TTL Residences — a joint venture between the Toyota Tsusho Corporation of Japan and Lippo Karawaci, one of the largest property developers in Indonesia — inaugurated the start of operations for the hotel-residence project Axia South Lippo Cikarang on Thursday.
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