1:41 pm May 28, 2015 | No Comment
State financing firm Sarana Multigriya Finansial will loan Rp 1.5 trillion ($115 million) to Bank Tabungan Negara, Indonesia's largest mortgage lender, in order to support the 1 million houses program proposed by President Joko Widodo.
5:51 pm May 22, 2015 | No Comment
Bank Indonesia, the central bank, said it will cut down payment requirement for first-time home buyers to 20 percent from 30 percent now, in a move to encourage more lending and boost economy growth.
12:09 pm May 7, 2015 | No Comment
Duta Pertiwi, a property developer, posted a 43 percent drop in net income to Rp 117.25 billion ($9 million) in the first quarter of 2015 from Rp 206 billion in the same period last year, as the company sells more houses than shops that resulted in lower margins.
1:28 pm May 6, 2015 | No Comment
State-controlled construction company Pembangunan Perumahan is targeting revenue and profit more than doubling by 2018 from its expanding construction and property businesses.
9:21 am May 6, 2015 | No Comment
Investors still wondering how Kaisa Group Holdings doubled its debt in six months and triggered China’s first property bond default may want to read page 63 of its 2014 interim report.
12:06 pm May 5, 2015 | No Comment
The One Partners, a South Korean-based property developer, says it is developing a villa-hotel project worth Rp 250 billion ($19 million) in Lombok, West Nusa Tenggara.
3:30 pm May 4, 2015 | No Comment
Puradelta Lestari — an industrial estate unit of property developer Sinarmas Land — is set to raise as much as Rp 3.8 trillion ($293 million) in its second run for an initial public offering this month, after shelving the plan in 2013.
3:12 pm April 24, 2015 | No Comment
Kawasan Industri Jababeka, one of Indonesia’s biggest industrial-estate developers, is gearing up to launch its $80 million industrial estate in Central Java this year.
10:59 am April 24, 2015 | No Comment
Singapore was ranked the world's most expensive city for the second consecutive year by the Economist Intelligence Unit recently. But life might just be getting a little easier.
10:48 am April 12, 2015 | No Comment
China’s Evergrande Real Estate Group has cut leverage on its balance sheet over the past two years to a third by classifying some of it as equity, according to analysts’ calculations based on its public filings.
9:56 am April 6, 2015 | 1 Comment
Falling interest rates, an expanding population and a government-sponsored building boom are turning Indonesia into the world’s favorite place to buy property stocks.
9:54 am April 1, 2015 | No Comment
Blackstone Group’s Stephen Schwarzman, who correctly bet on a US housing recovery, is now making a similar wager on Singapore’s luxury property market.
9:35 am April 1, 2015 | No Comment
Singapore’s home prices dropped for a sixth consecutive quarter, the longest losing streak in more than a decade, as tighter mortgage curbs cooled demand in Asia’s second-most expensive housing market.