Indonesian property firm seem intent on the opportunities offered by the growing luxury real estate market in the country.PT Brahmayasa Bahtera, a unit of conglomerate firm PT Astra International Tbk (ASII) and property firm PT Intiland Development Tbk (DILD) launched an upsale property project in Jakarta and Surabaya. While publicly listed developer PT MNC Land Tbk (KPIG) plans to partner US real-estate tycoon Donald Trump’s hospitality business to develop a luxurious resort in West Java.
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