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Keppel Land buying prime site in Jakarta CBD for 586b rupiah

Michelle Quah

Michelle Quah

Published Tue, Sep 19, 2017 · 09:50 PM

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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