REI Chase Target to Build 15,000 House Units in South Sulawesi

By : Ahmad Fadli And Aldi Firhand. A | Tuesday, October 10 2017 - 23:17 IWST

Residence Illustration
Residence Illustration - Jakarta (ANTARA News) - Chairman of the Regional Real Estate Development Board of Indonesia (DPD REI) of South Sulawesi (Sulsel) Arief Mone said it has built 13,000 houses until September 2017.

"This year, we are targeting to build 15,000 units and have built 13,000 units by the end of September," said Arief Mone in Makassar, as quoted by Antara.

Last year, Arief said, his side is only able to realize the construction of about 8,000 housing units. The reason, constrained licensing issues.

"Usually at the beginning of each year, there is a time lag that we use to take care of the permits, so that practical new development can begin in March or April," he said.

For this year, he added, licensing has been completed since the beginning of the year so that development can be done more quickly. "Until last August, permission has grown to 18,000 units," added Arief

News Comment

Today's Industry

Maybank Indonesia (Foto Ist)

Sabtu, 17 Maret 2018 - 23:00 WIB

BEI Notes Maybank Indonesia Bonds Rp645.5 Billion

Jakarta - Indonesia Stock Exchange (IDX) began listing second phase II bonds in 2018 issued by PT Bank Maybank Indonesia Tbk worth Rp645, 5 billion.

dr Karolin Margret Natasa Calon Gubernur Kalimantan Barat (Foto Dok

Sabtu, 17 Maret 2018 - 22:00 WIB

Election of Regional Head of West Kalimantan, Karolin Ready to Struggle Mechanization of Agriculture

Pontianak - West Kalimantan Governor Candidate, Dr. Karolin Margret Natasa said it would fight for the mechanization of agriculture for farmers in the Terentang district to support the increase…

Black Panther

Sabtu, 17 Maret 2018 - 21:38 WIB

Marvel Considers Sequel of 'Black Panther' Movie

The success of Marvel Studios' hit movie superhero by achieving a lot of achievements and making a lot of money, now Marvel Cinematic Universe (MCU) boss, Kevin Feige began considering his plans…

Lion Air (Foto Ist)

Sabtu, 17 Maret 2018 - 21:10 WIB

Lion Air Group Expedition, Many Discounts from BRI

Bank BRI again strengthen cooperation with Lion Air Group and Ministry of Tourism RI by implementing the event with Lion Air Group Expedition 2018 which was held from 16 to 18 March 2018 in…

Kartu Kredit Bank Mandiri (rino/

Sabtu, 17 Maret 2018 - 21:00 WIB

Banking Credit Grows Eight Percent In February

Jakarta - Bank Indonesia said that banking loan portfolio in February 2018 grew eight percent (year-on-year / yoy), which indicated a widening of credit from the corporate sector.