Ciputra Development - Expect Strong Marketing Sales Trend to Continue in 2H24
We believe CTRA will be able to maintain its strong pre-sales trend in 2H24 (1H24 est. +3% yoy), driven by its vast landed-residential projects.
516 Views
Property: Stable 4Q23 Marketing Sales Growth (OVERWEIGHT)
Majority of property developers’ marketing sales showed stable growth of 0-2% yoy in 4Q23, with CTRA showing the strongest at 45% yoy.
397 Views
Property - Attractive new markets from IKN development
The Public Private Partnership (PPP) scheme appears a less risky option for developers, while pure investment through Land Allocation (LA) offers...
582 Views
Property - Minimal impact from subsidized housing regulation
However, the regulation may only have a limited impact on listed developers due to differences in the price range and the target market segment
510 Views
Property - Rallying with Strong Momentum
Indonesian property sector stocks have demonstrated strong performance year to date, outperforming the Jakarta Composite Index (JCI) by 22%
431 Views