Alarm over Meikarta

Delays in the construction of Meikarta, Lippo Group's property megaproject in Bekasi, is causing unrest among buyers. Property regulations must be put in order.

Tempo

July 3, 2018

The government must improve its property sector regulations to strengthen consumer protection. Lippo Groups Meikarta megaproject in the Bekasi Regency, West Java, has become the next alarm in the sectors ticking time bomb, threatening the rights of buyers.

Construction of the apartment and office complex, valued at Rp278 trillion, has stalled following various issues between Lippo, its foreign investors, contractors and its marketing services pr

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