Below is a list with tagged columns and company profiles.

Today's Headlines Property

  • Indonesia Investments' Newsletter of 17 May 2015 Released

    On 17 May 2015, Indonesia Investments released the latest edition of its newsletter. This free newsletter, which is sent to our subscribers once per week, contains the most important news stories from Indonesia that have been reported on our website in the last seven days. Most of the topics involve economic matters such as updates on Indonesia’s current account balance and trade balance, Indonesia’s interest rate environment, human capital development, the forest moratorium, foreign ownership of property, and more.

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  • Foreign Ownership Indonesian Property; Is it Possible?

    Without giving details about the time frame, Indonesian Finance Minister Bambang Brodjonegoro said that the government will soon allow foreigners to own luxurious apartments in Indonesia. This move would be the government’s latest move to boost the slowing economy. Currently, private foreign individuals cannot purchase property or own land in Indonesia. This prohibition has been in place for many years as Indonesian authorities were concerned that foreign ownership of Indonesian property and land would surge significantly.

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  • IPO Pembangunan Perumahan Properti on the Indonesia Stock Exchange

    Indonesian property firm Pembangunan Perumahan Properti (PP Properti), which conducts its initial public offering (IPO) on the Indonesia Stock Exchange (IDX) this month, expects to raise IDR 908.8 billion (USD $69 million) for further business expansion through this corporate action. This figure is much lower than its initial target of IDR 1.57 trillion. PP Properti plans to sell 35 percent of the company’s enlarged capital. The price per share is set at IDR 185 with the offering period between 11 and 13 May 2015.

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  • Economic Update Indonesia: Car & Cement Sales in First Quarter 2015

    Two important indicators to measure the condition of an economy are car and cement sales as both statistics provide valuable information about people’s purchasing power (and consumer confidence) as well as infrastructure and property development. In the first quarter of 2015, Indonesia’s car and cement sales declined (compared to the same period in the preceding year), triggering concern that economic growth will fall accordingly. In the first quarter of 2014, Indonesia’s GDP growth had already slowed to 5.14 percent (y/y).

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  • Cement Sales Growth in Indonesia Limited due to Politics & Commodities

    Indonesian cement sales in 2014 reached 59.9 million metric tons, up 3.3 percent from domestic sales in the previous year but below the target that was set by the Indonesian Cement Association (ASI). The ASI targeted a sales growth rate of between 3.5 percent and 4.0 percent year-on-year. This sales target had in fact already been revised down from 6 percent (y/y) due to weak cement sales amid uncertainties brought about by Indonesia’s ‘political year’ (legislative and presidential elections) as well as weak global commodity prices.

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  • Cement Consumption in Indonesia Declines in 2014

    Growth of cement sales in Indonesia is estimated to have slowed in 2014 amid uncertainties brought about by the ‘political year’ (referring to the fragmented results of the country’s legislative and presidential elections and which led to the postponement of various infrastructure projects and other investments in Indonesia). Other factors that impacted negatively on cement sales this year were the central bank’s higher interest rate policy, low commodity prices and weakening purchasing power.

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  • Impact of Higher Subsidized Fuel Prices on Indonesia’s Property Sector

    The Indonesia Property Watch (IPW) expects that property prices in Indonesia will rise in early 2015 as a result of the recent subsided fuel price hike. On 18 November 2014, the Indonesian government raised prices of subsidized low-octane gasoline and diesel by more than 30 percent in an effort to create more fiscal room for economic and social development. The central bank responded to this move by raising its key interest rate (BI rate) by 25 basis points to 7.75 percent in an attempt to combat accelerated inflation.

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  • Business Trips & Tourism in Indonesia Boost Hotel Development

    As the number of foreign tourists rise rapidly and there is increasing demand for conferences, exhibitions and business meetings, Indonesia will see a massive inflow of investments for the construction of hotels and condominium hotels (condominium hotels combine features of apartments and hotels). In 2015, the value of new (condo) hotels projects is estimated at IDR 38.5 trillion (USD $3.2 billion), up 57.3 percent from last year. Locations that attract tourists and locations close to education centers are the primary choice.

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  • Ceramic Industry in Indonesia: Rising on Property & Infrastructure Projects

    The ceramic industry in Indonesia is expected to grow about ten percent in 2015 amid the country’s +5 percentage point GDP growth. Economic expansion translates to increased purchasing power of Indonesian consumers and the ceramic industry is one of the industries that will benefit from this. Moreover, as Indonesian President Joko Widodo targets +7 percent GDP by the end of his term, new infrastructure and property projects are to rise as well. As such, domestic ceramic demand will increase accordingly.

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  • Infrastructure & Property Development: Indonesian Cement Firms Benefit

    Cement sales in Indonesia are expected to rise as the new Indonesian government aims to ramp up infrastructure development while - in the long term - Indonesian banks will lower interest rates. Lower interest rates give rise to enhanced property development in Southeast Asia’s largest economy. The country’s three leading cement producers are expected to benefit significantly from these developments. These companies are Semen Indonesia, Indocement Tunggal Prakarsa, and Holcim Indonesia.

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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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