Co-Residence: A Growing Trend in Jakarta’s Housing Market
The popularity of co-residence, also known as co-housing or collaborative housing, is on the rise in DKI Jakarta, Indonesia. This urban community-driven initiative is...
Long-Awaited by Developers, Subsidized House Prices Officially Increase in 2023-2024
Minister of Public Works and Housing (PUPR), Basuki Hadimuljono, has finally introduced long-awaited new regulations concerning the adjustment of selling prices for subsidized house,...
Promising Recovery: Hotel Occupancy Rates Expected to Surpass 2019 Levels
The projected hotel room occupancy rate, or hotel occupancy rate, for the upcoming extended school holidays in June-July is expected to equal or even...
Government Raises Price Threshold for Affordable Housing and VAT Exemption
The Government Increases the Price Threshold for Affordable Housing for Low-Income Individuals. This measure is outlined in Minister of Finance Regulation No. 60/2023.
The policy...
KCJB and LRT Projects Expected to Boost Property Market in Jakarta...
The upcoming Jakarta-Bandung High-Speed Rail (KCJB) project and the Jabodetabek LRT (Light Rail Transit) system are anticipated to have a significant impact on the...
Jakarta’s Hotel Industry Set to Flourish with the Arrival of Seven...
The government's recent decision to relax restrictions on community activities has had a notable impact on various business sectors, one of which is the...
Indonesia Seizes Opportunity as Singapore Doubles Property Tax, Attracting Foreign Investors
Singapore's recent decision to double the additional buyer's stamp duty (ABSD) by 60 percent on property purchases by foreigners has the potential to stimulate...
Singapore Raises Property Taxes for Foreign Buyers to Curb Rising Housing...
Singapore, one of Indonesia's neighboring countries, has recently announced a tax hike on personal property purchases, including an increase in stamp duty rates for...
Jokowi Reveals Government’s Strategy to Provide Housing for Millennials
Currently, there are 81 million productive millennials in Indonesia who have not yet been able to own a home or acquire housing facilities. In...
Kemayoran: The Potential Smart City in Jakarta
The Kemayoran area in Central Jakarta, which is touted as a smart city, has the potential to become a metropolitan city with attractions as...
