Property Corporation Await Interest Rate Cut

May 26, 2024, 04.30 AM
Reporter: Pulina NityakantiEditor: Syamsul Azhar

CORPORATE ACTION - JAKARTA. Despite the looming high interest rates, the property business continues to thrive. This is evident from several property issuers' pre-sales revenue or marketing sales.

Take, for instance, PT Metropolitan Land Tbk (MTLA). This issuer recorded marketing sales amounting to IDR 537 billion until April 2024.

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