PT The Pakubuwono Development (PT TPD) apartment developer is filing a lawsuit against PT Selaras Mitra Sejati (SMS). The reason, PT SMS is claimed to have imitated the brand of PT TPD by registering the Grand Pakubuwono @Bekasi trademark at the Directorate General of Intellectual Property (Ditjen KI) on October 5, 2015. In fact, according to PT TPD, it is the party that is the exclusive rights holder...
JAKARTA, KompasProperti - Since 2013, a mass rapid transit (MRT) transportation infrastructure project has been officially built and the target can be operational in 2019. The first phase that was built was the Lebak Bulus-Bundaran HI corridor with 13 stations. Of these 13 stations, 7 of them are in less densely populated areas and 6 stations in densely populated areas. "Within a radius of 1 kilometer to...
Botanica Apartments are located in Simprug, one of the prestigious areas in South Jakarta. This apartment consists of 3 towers. Tower 1 consists of 41 floors, 206 apartment units + 2 Penthouse units + 4 townhouse units. Tower 2 has 41 floors, 206 apartments + 2 penthouses + 2 townhouses. Tower 3 has 39 floors, 194 units + 2 penthouses + 2 townhouses. Botanica Apartments is a combination of natural...
Property development company PT Intiland Development Tbk began construction of the 1Park Avenue apartment project located in the Kebayoran area, South Jakarta. The commencement of the construction phase of the new apartment was marked by ceremonial ground breaking by the company's management. Intiland Vice President Director and Chief Operating Officer Suhendro Prabowo explained that the 1Park Avenue...
Astra Property, the tentacle of PT Astra International Tbk's property business, earned sales of Rp 5.5 trillion from Anandamaya Residence. This is a luxury apartment in the Sudirman area of Central Jakarta, which is marketed at a price of around Rp. 70 million to Rp. 90 million per square meter. Astra Property Head of Residence Development Wibowo Muljono revealed Anandamaya Residence's sales...
Agung Sedayu Retail Indonesia (ASRI) is serious about developing its newest retail project, District 8. To make it happen, they are collaborating with Winkreative and Monocle Magazine. Winkreativ is a London creative agent focused on development. Whereas Monocle is a contemporary design icon that has influence and reaches city centers throughout the world, and informs many aspects of global life. In...
KONTAN.CO.ID - PT Nusa Konstruksi Enjiniring Tbk (DGIK) is once again trusted by Pollux Properties Group - a property company based in Singapore - to work on its projects in Indonesia. DGIK is currently working on the Chadstone superblock construction project in Cikarang, Bekasi - West Java. In working on the 36-storey hotel and apartment project, DGIK conducted a Joint Operation (JO) scheme with CNQC,...
JAKARTA, KOMPAS.com - The construction of supertall buildings or skyscrapers with a height of more than 300 meters is common in developed countries. In fact, some of them compete to be the highest in the world. Call it the Burj Khalifa in Dubai, United Arab Emirates (UAE) or One World Trade Center in New York, United States (US). How about Indonesia? At present, the horizon of the archipelago,...
JAKARTA, KOMPAS.com - Newcomer to the property business and industry, Astra Property, mastered the Indonesia Property Awards 2019. In the 5th time event held on Thursday (9/19/2019) night, Astra Property won 11 of the 14 nominations. One of them is the Best Emerging Developer for the Best Developer category. Meanwhile, the total awards given on the night of the award were 49 categories. The emergence of...
Bisnis.com, JAKARTA - The property market in the apartment rental sector in Jakarta in the first quarter of 2019 has not shown improvement from the previous quarter, because the number of buyers and tenants currently comes from end-users. Facing increasingly fierce competition, developers generally will highlight the advantages of access through the distance of the project with ongoing infrastructure as...
