24 May 2022 05:52 (1 tahun 4 bulan lalu) -
JAKARTA. PT Ciputra Development Tbk (CTRA) allocates capital expenditure (CapEx) of IDR 800 billion this year, most of which will go to land bank acquisition as the property market slowly recovers. Tulus Santoso, Director of CTRA, claimed that his company would focus on land acquisition as the landed house segment still has hope for becoming the main contributor to the marketing sales of the company, replicating last year’s success, particularly induced by projects in Jabodetabek, Surabaya, and Medan. “We saw the prospect is well-maintained as the COVID-19 pandemic crisis subdues,” he explained, as quoted in Kontan earlier this week. This c ...