New level of green comfort at Jakarta’s first Holiday Inn

Located strategically featuring outstanding facilities, Holiday Inn Jakarta Kemayoran stands out from the crowd.  Intercontinental Hotels Group’s (IHG) Holiday Inn in Jakarta is the perfect fit for both business and leisure stay. Location is one thing. At the heart of the Kemayoran area, the newly opened Holiday Inn Jakarta Kemayoran is in walking distance to the 18-hole Bandar Kemayoran Golf course and only a stone’s throw away from the Jakarta International Expo (JIExpo). Its grand bal … [Read more...]

Setiawan Mardjuki: Instilling appreciation for different cultures

Setiawan Mardjuki is shaping up locals to become internationally minded human resources that will contribute to the growth of hospitality properties. Indonesia has numerous resources and potential to advance its tourist sector, and Setiawan Mardjuki takes great delight in his role in the extensive development of the Tanjung Lesung Resort in Banten province. “We are building an integrated coastal tourist hub on 1,500 hectares of land. It’s five times bigger than Nusa Dua in Bali. The area’s … [Read more...]

Heading out for townships as alternatives to city living

With the country’s improved economy, Indonesia is experiencing a growing middle class with higher purchasing power parity. Correspondingly, a number of property developers are looking to capitalize on the abundant opportunities with integrated township developments taking shape on the outskirts of larger cities, such as Jakarta and Surabaya. To property developers, an independent city or township is a business venture offering middle and upper class consumers an alternative to city living. F … [Read more...]

Todd Lauchlan: Creating egalitarian workplace to localize global approach

Top leaders of multinational companies operating in Indonesia incorporate local values into their global business perspectives, which also encompass such aspects as fair treatment and respect that minimize corporate hierarchies. A business executive of a property consulting firm believes that developing an egalitarian model on the basis of local values in a company can minimize oppression and openly lead everyone in the company to contribute their best. “No one is better than anybody else. … [Read more...]

The world’s most expensive office areas

Jones Lang LaSalle research reveals the world’s most expensive markets for office space, what industries dominate them and where the future lies  Strong demand from niche financial and technology sectors is driving up the cost of office space in many cities around the globe, but a new analysis by Jones Lang LaSalle (NYSE: JLL) reveals the 12 premier office districts have been the biggest beneficiaries of the trend, witnessing higher competition by companies for space and driving rent prices to … [Read more...]

Property market outlook still buoyant despite currency volatility

Indonesia’s recent economic turmoil has led many short-term investors to exit the country, causing the equity market to fall rapidly and the rupiah to weaken to over 11,500 per US dollar. This change of sentiment was triggered by the US Federal Reserve signaling to the market that it would withdraw its large monetary stimulus and begin “tapering”. Both markets have now recovered somewhat but the spotlight has been shone on emerging economies like Indonesia with current account deficits and overh … [Read more...]

Jakarta Welcomes New Art Hotel Concept

Artotel Indonesia hotel chain unveils its second property in Jakarta following the success of the first Artotel in Surabaya. Strategically located in close proximity to commercial and business districts, Artotel Jakarta Thamrin on Jalan Sunda has recently opened its doors to public. Playing on the words “Art” and “Hotel”, Artotel features contemporary art-influenced designs in the lobby, public areas and hotel rooms. The designs are created by local artists as part of the hotel’s efforts to … [Read more...]

Victory City

As one of several Asian nations enjoying highly favourable economic growth rates, Indonesia is increasingly appearing on the international investment radar. Southeast Asia’s largest economy continues to show a positive outlook for real estate investors, with a growing number of high net worth individuals contributing to a boom in Jakarta’s luxury condominium market. The Indonesian capital has seen significant price increases at the luxury end of the property market this year. According to … [Read more...]

The Stairs

Renowned designer Philippe Starck’s first fully envisioned concept in Asia showcases a private village of 12 limited-edition villas with signature glass skin facades by artists JonOne. Passionate global nomads with taste and assets will soon have a new landmark address to congregate in a communal space in the South Seas.  Introducing The Stairs Villa Hotel, envisioned by Philippe Starck, set for the exclusive Petitenget neighborhood of Seminyak, Bali. Taking direction from the vision of vib … [Read more...]

W Retreat & Spa Bali

neighbourhood Petitenget is the name of the fab lane where designers, artists and socialites, not to mention jetsetters, are often spotted rubbing shoulders in this neck of the woods. It's an eclectic neighbourhood whose establishments form a microcosm of hip Bali – Mantra with its rustic charm, Biku with its modern translation of traditional Balinese, and Potato Head Beach Club with its reputation as the island's concert Mecca. In that context, the existence of W brand in the area only cements … [Read more...]