Below is a list with tagged columns and company profiles.

Today's Headlines Property

  • 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

    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

    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

    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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  • Office Space in Jakarta: Rising Demand, but Supply Rising More Swiftly

    Based on accounts of services providers in Indonesia's property market, demand for office space in Indonesia, and specifically in the capital city of Jakarta, shows good growth starting from the third quarter of 2017. Especially online businesses (for example the e-commerce industry) are showing rising appetite for office space.

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  • Ombudsman Urges Indonesian Consumers Not to Buy Meikarta Property

    The Lippo Group continues to aggressively promote its ambitious Meikarta project in Indonesian media and in various strategic locations. In fact, the group claims that pre-sales of apartment units has already reached 130,000 per August 2017, an impressive number. However, the project is controversial because the developer reportedly did not obtain all necessary permits and land that is required to construct the integrated township.

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  • Property Market of Indonesia: Batam & Medan Promising

    As the property market in Jakarta and surrounding cities remains bleak, Indonesian property developers are eager to expand in the regions outside of the island of Java. Two examples are Batam, an island located not far from Singapore that is equipped with booming urban and industrial zones, and Medan, the biggest city on Sumatra.

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  • Property in Indonesia: Meikarta's Land Acquisition at 16.8%

    So far the Lippo Group only managed to acquire 16.8% of the total land that is required to develop the ambitious Meikarta township project. Meikarta is designed to become a full-fledged township, equipped with high-class and modern residential, commercial, industrial, cultural and educational centers, located on a 500-hectare plot of land 34 kilometers to the east of Jakarta, including 100 hectares of open green space, 250,000 units of prime residential property, and 1,500,000 m2 of prime commercial space.

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  • Investment Climate Property Development: Tough Permit Process

    The Indonesian government aims to provide affordable housing for the nation's poorer (low-income) households through the One Million Houses program, a program that was launched in mid-2015 by Indonesian President Joko Widodo. However, property developers complain that in most regions it is tough to obtain all necessary permits to construct the houses.

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  • Indonesia's One Million Houses Program on Schedule in 2017

    So far this year Indonesia's "One Million Houses Program" is well on its way. Based on information from Indonesia's Public Works and Housing Ministry a total of 499,702 houses were constructed under the program in the first half of 2017, achieving 49.9 percent of the full-year target.

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Latest Columns Property

  • 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’

    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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  • Indonesian August Cement Sales Rise on Property & Infrastructure Projects

    Indonesian cement sales jumped 37.4 percent (year-on-year) to 4.7 million tons in August 2014 due to higher cement demand from Indonesian property and infrastructure developers. Widodo Santoso, Chairman of the Indonesian Cement Association (ASI), said that the development of smelters, power plants, apartments, hotels, and social housing has been key to improved cement sales last month. However, the 37.4 percentage point growth was also caused by fewer working days in August 2013 as the Lebaran holiday fell in that month.

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  • Corporate Earnings Reports Indonesian Companies in the First Half of 2014

    Indonesia Investments presents a selection of corporate earnings reports (covering the first half 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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  • Indonesian Property Stocks Gain Most in First 8 Months of 2014

    Property stocks listed on the Indonesia Stock Exchange (IDX) have outperformed all other stocks between the first trading day of 2014 up to 29 August 2014. The IDX’ property sector category rose 37.6 percent in the indicated period, whereas the benchmark stock index (Jakarta Composite Index, abbreviated IHSG) - which involves all stocks traded on the IDX - climbed 18.7 percent over the same period. On the IDX, stocks are placed in ten sectoral categories. The second-best performing sectoral index was finance (+24.5 percent).

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  • Indonesian Cement Sales Decline amid Slowing Economic Growth in 2014

    Indonesian cement sales have slowed and may not achieve the target set for 2014. In the first half of 2014, the country’s domestic cement sales totaled 28.9 million tons, a 3.9 percentage point increase from the same period last year, well below the growth target of 6 percent (year-on-year, yoy). However, this development is no surprise as economic growth of Indonesia has slowed in recent years. Cement sales, a key indicator of construction activity (infrastructure and property development) are closely linked to general GDP growth.

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  • What are the Best Performing Indonesian Stocks so Far in 2014?

    Regarding stock trading on the Indonesia Stock Exchange, investors who focused on property, banking and infrastructure stocks have made the highest profit so far in 2014. Although all sectoral indices that are contained within the benchmark stock index of Indonesia, known as the Jakarta Composite Index (abbreviated IHSG) have shown a good performance, the three aforementioned sectoral indices stand out as the country's top performers. Indonesia's IHSG has risen 16.14 percent between 1 January and 26 May 2014.

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  • Corporate Earnings Reports Indonesian Companies in First Quarter of 2014

    Indonesia Investments presents a selection of corporate earnings reports (covering the first quarter 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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  • Indonesia's Jakarta Composite Index Extends Winning Streak on Monday

    Indonesia's Jakarta Composite Index Extends Winning Streak on Monday

    Investors’ appetite for Indonesian stocks, particularly the big cap stocks, made Indonesia’s benchmark stock index (known as the Jakarta Composite Index or IHSG) rise further on Monday (14/04). Most of the sectoral indices were up, led by the property sector and followed by basic industries. Contrary to most Asian indices, which were mixed today (with raw materials in particular being sold by investors), the IHSG managed to climb 1.00 percent to 4,864.88 points.

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