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Related Indonesia Industry Reports
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Company News
Summarecon Hikes Selling Price Kompas, page 18 (29-November-2005) In relation to the increase in the price of fuel, PT Summarecon Agung Tbk will increase the price of their houses per unit around 5 percent to 10 percent. This price hike is mainly for residential property products. The price hike for commercial property products is still being considered.
Summarecon Increases Property Price by 15 percent Bisnis Indonesia, page T6 (30-September-2005) PT Summarecon will increase prices for all types of properties by 10 percent to 15 percent due to rising interests and also the government’s plan to raise the price of fuel. Summarecon is currently adjusting the rising interest to rising prices of contruction materials. The price increase applies not only for sold properties, but also for those rented. The company also postpones tenders for its projects for the moment.
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| PT. Dataindo Inti Swakarsa | Telp : (62 - 21) 719 3832 |
| 3rd Floor, Gapura Raya Building | Telp : (62 - 21) 719 3834 |
| Jl. Bangka Raya No. 4, Pela Mampang | Email : [email protected] |
| Jakarta 12720, Indonesia | |
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