News
When the Market Bleeds, Concrete Doesn't: Indonesian Property Amid IHSG's Worst Year
Indonesia's benchmark index has shed over 32% year-to-date in 2026, yet Jakarta's skyline construction pipeline shows no signs of stopping. A deep dive into what the IHSG collapse means for the property sector, and where the divergence lies.
From a Failed Fried Rice Stall to a $300 Million Empire: How Ivan Tanjaya and Eka Setia Wijaya Are Reinventing Holywings Group Through Luxury Real Estate
The Tower That Refused to Die: How Surya Paloh's $500 Million Skyscraper Survived a Chinese Partner's Betrayal — And Is Finally Rising Above Jakarta
Aguan's $6.5 Billion Gamble: How Indonesia's Most Powerful Property Tycoon Lost His Government Lifeline — And What He Does Next
For decades, Sugianto Kusuma — known universally as Aguan — has built Indonesia's most ambitious coastal city from reclaimed swampland. His PIK 2 project, a 2,650-hectare "New Jakarta" positioned 7 minutes from Soekarno-Hatta International Airport, was the crown jewel. Then President Prabowo revoked its Strategic National Project status. Forbes Indonesia looks at what happens when the country's most powerful developer loses his government shield — and why the project may survive anyway.
Indonesia's Three Most Expensive Residential Properties in 2026
From Jakarta's financial heartland to its most coveted residential corridors, Indonesia's ultra-luxury property market is setting new benchmarks. Here are the three most expensive residential developments commanding attention — and capital — in 2026.
Two Sudirman Partners With Andaz by Hyatt to Redefine Luxury Residential Living in Jakarta
Two Sudirman Private Residences, Jakarta's tallest residential development, has announced a landmark partnership with Andaz — Hyatt's globally acclaimed lifestyle hotel brand — marking a new era of ultra-luxury urban living in Indonesia's premier business district.