Keppel Land buying prime site in Jakarta CBD for 586b rupiah
Add BT as a preferred source
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.
TRENDING NOW
Jardine C&C selling Singapore, Malaysia dealerships to Indonesia’s Chandra Asri for US$221 million gain
Singapore’s AI boom is lifting GDP. Who gets carried along?
How BYD disrupted Singapore’s car market – and why the strategy is turning on itself
From sales executive to DBS chairman: A look at banking veteran Peter Seah’s career
