Keppel Land buying prime site in Jakarta CBD for 586b rupiah
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Michelle Quah
Singapore
KEPPEL Land is buying a prime spot in Jakarta's central business district, on which it intends to build a luxury apartment tower.
The property arm of Keppel Corporation, through its wholly owned subsidiary PT Sukses Manis Tangguh, has entered into a conditional sale-and-purchase agreement with Indonesia's Bank Central Asia.
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