Below is a list with tagged columns and company profiles.

Today's Headlines Property

  • Property in Indonesia: Government Revises Luxury Goods Tax

    Property in Indonesia: Government Revises Luxury Goods Tax

    The Indonesian government has revised its luxury goods tax policy (in Indonesia known as PPnBM) for (luxury) property. Previously, apartments with a selling price of at least IDR 10 billion (approx. USD $700,000) and houses with a selling price of at least IDR 20 billion (approx. USD $1.4 million) were subject to a 20 percent luxury goods tax. The latest revision has now raised the minimum price of the property to IDR 30 billion (approx. USD $2.1 million) for all types of property.

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  • IPO Urban Jakarta Propertindo on the Indonesia Stock Exchange

    IPO Urban Jakarta Propertindo on the Indonesia Stock Exchange

    Urban Jakarta Propertindo, a Jakarta-based property developer that focuses on the integration between property development and the availability of public transportation, will offer 600 million shares - equivalent to 16.85 percent of the company's total shares - to the public through an initial public offering (IPO) on the Indonesia Stock Exchange.

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  • A Closer Look at Bank Indonesia's Latest LTV Ratio Relaxation

    A Closer Look at Bank Indonesia's Latest LTV Ratio Relaxation

    At the latest policy meeting (29/06) Bank Indonesia decided to relax the loan-to-value (LTV) and financing-to-value (FTV) ratios in the country's property sector (effective per 1 August 2018). By lowering down payment obligations for the consumer, the central bank aims to make it more attractive for consumers to purchase property using House Ownership Credit (Kredit Pemilikan Rumah, KPR), hence boosting overall credit growth as well as Indonesia's macroeconomic growth.

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  • Dynamic Credit Set to Enter Indonesia's Mortgage Market

    Dynamic Credit Set to Enter Indonesia's Mortgage Market

    Dynamic Credit, a Netherlands-based innovative asset management and direct lending firm, is set to become a new player in Indonesia's mortgage industry. Through local subsidiary Dynamic Credit Asia it will sell mortgages to Indonesian consumers using funds from local institutional investors. Tonko Gast, CEO at Dynamic Credit, said Indonesia's rapidly growing middle class leads to a rising pool of retirement and insurance funds. However, the availability of fixed-income investments are limited in Southeast Asia's largest economy.

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  • Property in Indonesia: Astra & Hongkong Land to Launch New Project

    Property in Indonesia: Astra & Hongkong Land to Launch New Project

    Astra International, one of Indonesia's largest diversified conglomerates, announced it will develop a luxurious residential apartment complex, called Arumaya, in South Jakarta in cooperation with Hongkong Land, a Hong Kong-based multinational property investment, management and development group. The complex is estimated to require investments worth IDR 1 trillion (approx. USD $75 million).

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  • Property in Indonesia: More Expats Rent Houses in South Jakarta

    Property in Indonesia: More Expats Rent Houses in South Jakarta

    According to commercial real estate company Colliers International Indonesia, more expatriates are renting houses in Indonesia, specifically (South) Jakarta, since the second half of 2017. The rising number of expats who rent houses in Indonesia is due to expansion plans of manufacturing and automotive companies.

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  • Property in Indonesia: Coworking Space Becomes Increasingly Popular

    Property in Indonesia: Coworking Space Becomes Increasingly Popular

    The property sector of Indonesia has been sluggish ever since the nation's property boom ended in late 2013. The same goes for the office space segment. Stagnant economic growth around 5 percent (y/y) since 2014 has led to limited growth of demand for office space in Indonesia. But for some this is a positive context. Coworking space - a shared working environment - is becoming increasingly popular.

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  • Not a Good Year for Indonesia's Ceramic Manufacturers

    Not a Good Year for Indonesia's Ceramic Manufacturers

    There still seems no light to appear at the end of the tunnel for ceramic manufacturers in Indonesia. The ceramic industry is largely dependent on the property sector. However, as Indonesia's property sector growth has remained insignificant so far in 2017, there is few room for ceramic sales growth. Moreover, local ceramic producers have to compete with cheap imports from abroad.

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Latest Columns Property

  • Corporate Earnings Reports Indonesian Companies First Quarter 2015

    Corporate Earnings Reports Indonesian Companies First Quarter 2015

    A selection of corporate earnings reports (covering net profit and revenues in the first quarter of 2015) of Indonesian companies that are listed on the Indonesia Stock Exchange (IDX) is presented by Indonesia Investments below. The companies are categorized by sector: (1) agriculture and mining, (2) basic industry and chemicals, (3) miscellaneous industry, (4) consumer goods, (5) property and real estate, (6) infrastructure, utilities and transportation, (7) finance, and (8) trade, services and investment.

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  • Buying a House in Indonesia Made Easier as BI Supports Economic Growth

    Buying a House in Indonesia Made Easier as BI Supports Economic Growth

    Soon it will be made easier to buy property in Indonesia as the country’s central bank (Bank Indonesia) plans to ease down payment (DP) requirements for mortgages. Today (22/05), Bank Indonesia Governor Agus Martowardojo told reporters that the DP obligation for first-home buyers will be lowered from 30 percent to 20 percent of the property’s value. This relaxation should have a positive effect on the performance of Indonesia’s financial institutions and property developers as demand for loans and property is assumed to grow.

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  • Corporate Earnings Reports Indonesian Companies Full Year 2014

    A selection of corporate earnings reports (covering net profit and revenues for full-year 2014) of Indonesian companies that are listed on the Indonesia Stock Exchange (IDX) is presented by Indonesia Investments below. The companies are categorized by sector: (1) agriculture and mining, (2) basic industry and chemicals, (3) miscellaneous industry, (4) consumer goods, (5) property and real estate, (6) infrastructure, utilities and transportation, (7) finance, and (8) trade, services and investment.

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  • Cement Industry Indonesia in 2015: Overview of the Main Players

    Cement Industry Indonesia in 2015: Overview of the Main Players

    The year 2015 may be a good one for Indonesian cement makers. The Indonesian government under the leadership of Joko Widodo is eager to invest heavily in the country’s infrastructure as this is one of the main bottlenecks that blocks higher economic growth. In the Revised 2015 State Budget the central government set aside IDR 290.3 trillion (USD $22.3 billion) for infrastructure development. Surely, the country's large cement producers - Semen Indonesia, Indocement Tunggal Prakarsa, Holcim Indonesia and Semen Baturaja - will benefit from this.

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  • Joko Widodo to Launch Indonesia’s One Million Houses Program in April

    Joko Widodo to Launch Indonesia’s One Million Houses Program

    One of the ambitious targets of the Indonesian government is the realization of the “One Million Houses Program”. Through this program - scheduled to be launched on 30 April 2015 in Central Java by President Joko Widodo - the government aims to provide adequate housing facilities to low income citizens. Over half of these houses will be built using funds from the country’s state budget. State funds will also be used to finance the Housing Loan Liquidity Facility, government-backed mortgages for low-income people.

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  • Land Reclamation Indonesia: Van Oord & Boskalis Work on Pluit City

    Land Reclamation Indonesia: Van Oord & Boskalis Work on Pluit City

    Dutch dredging contractors and marine engineering companies Van Oord and Boskalis have been awarded a contract to design and construct the artificial island off the coast of (North) Jakarta. On this (160-hectares sized) artificial island a new city - called Pluit City - will be developed. The contract, valued at EUR 350 million (split equally between the two Dutch companies) was handed to the Van Oord-Boskalis joint venture by Muara Wisesa Samudra. The project aims to relieve pressure on densely populated Jakarta.

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  • Corporate Earnings Reports Indonesian Companies in First 9 Months 2014

    Indonesia Investments presents a selection of corporate earnings reports (covering the first 9 months of 2014) of Indonesian companies that are listed on the Indonesia Stock Exchange (IDX), categorized by sector: (1) agriculture and mining, (2) basic industry and chemicals, (3) miscellaneous industry, (4) consumer goods, (5) property and real estate, (6) infrastructure, utilities and transportation, (7) finance, and (8) trade, services and investment. The tables display both net profit (loss) and revenues, together with year-on-year (yoy) growth.

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  • Poris Benteng Betawi May Hold IPO on Indonesia Stock Exchange in 2015

    Poris Benteng Betawi May Hold IPO on Indonesia Stock Exchange in 2015

    Indonesian property developer Poris Benteng Betawi may conduct an initial public offering (IPO) on the Indonesia Stock Exchange (IDX) in 2015. Proceeds from the IPO would be used to finance a 20-hectare wide superblock project involving apartment and office towers, a school, hospital, mall and hotel in Tangerang (West Java). The property developer is currently still occupied with the land acquisition process for the project. Although this process has only been realized for 80 percent, groundbreaking of the project has already been held.

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  • Property Sector Indonesia: Jakarta’s Apartments still ‘Hot’

    Property Sector Indonesia: Jakarta’s Apartments still ‘Hot’

    Despite having slowed in recent years, there is still ample room for growth in Indonesia’s property sector, particularly strata title apartments in the capital city of Jakarta (‘strata title’ refers to the multi-level apartment blocks and horizontal subdivisions with shared areas). In 2015, a total of 46 property projects are expected to finish, supplying 24,954 new apartment units (with a combined value of USD $1.25 billion) to Jakarta, an 18.98 percent increase from last year’s new apartments realization.

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  • Update Indonesian Rupiah & Stocks: Stronger on Economic Data

    Although Indonesia’s September 2014 inflation (0.27 percent m/m) and appreciating rupiah exchange rate had a positive impact on the performance of Indonesia’s benchmark stock index (Jakarta Composite Index, abbreviated IHSG) on Wednesday (01/10), its gain was limited by declining indices on Wall Street on the previous day as well as Indonesia’s August trade deficit (USD $318.1 million), which resulted in foreign net selling of worth IDR 388 billion of Indonesian stocks. The IHSG climbed 0.06 percent to 5,140.91 points.

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