Related Reports
Related Indonesia Industry Reports
L8211 - Real Estate Agents and Developers

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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Mrs. Lydia Tjio
Latest Updates 4-March-2024
Major Businessline : Property developer; Apartment; Housing development

PT. Dataindo Inti SwakarsaTelp : (62 - 21) 719 3832
3rd Floor, Gapura Raya BuildingTelp : (62 - 21) 719 3834
Jl. Bangka Raya No. 4, Pela Mampang Email : [email protected]
Jakarta 12720, Indonesia
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