ASIA138 CIPHER, Center for Indonesian Property, Humanity, and Economic Research, is an independent research, advisory, data analytics, and capacity building institution based in Jakarta, Indonesia. CIPHER operates under the legal entity Yayasan Riset Properti Ekonomi dan Kemanusiaan, a foundation formally approved by the Ministry of Law and Human Rights of the Republic of Indonesia through Decree Number AHU-0010373.AH.01.04 Tahun 2024. The foundation was established based on Notarial Deed Number 01 dated 8 July 2024 and legally approved on 8 July 2024. CIPHER is registered under Foundation Registration Number AHU-0015838.AH.01.12 Tahun 2024. CIPHER was established to support evidence based decision making in the fields of property, economics, public policy, human development, social impact, and sustainable development. We bring together multidisciplinary expertise in property research, valuation advisory, public finance, regional economics, MSME development, health and stunting studies, ESG, geospatial analysis, artificial intelligence, and policy evaluation. At CIPHER, we believe that data, research, and human centered analysis should not remain only within academic reports. They must be translated into practical solutions that help governments, businesses, communities, and development partners make better decisions, design better programs, and create broader social value. Our work covers policy studies, property and real estate research, social impact assessment, regional economic analysis, fiscal and tax policy advisory, MSME and cooperative development, health and human development studies, monitoring and evaluation, capacity building, and digital research solutions. Through these services, CIPHER aims to bridge rigorous research and real world implementation. CIPHER is governed by a foundation structure consisting of the Board of Trustees, Board of Management, and Board of Supervisors. This governance structure reflects our commitment to institutional accountability, professional integrity, and responsible knowledge production. We serve public institutions, local governments, state owned enterprises, private companies, development agencies, universities, civil society organizations, and communities. Our approach combines academic rigor, professional integrity, data driven analysis, and a strong commitment to human dignity and sustainable development. CIPHER stands for more than research. It represents a commitment to building knowledge that is useful, inclusive, and transformative. Our Vision To become a leading independent research and advisory center that advances property knowledge, human dignity, and economic development through evidence based, data driven, and socially impactful solutions. Our Mission To produce high quality research and policy analysis in property, economics, public policy, and human development. To support governments, businesses, and communities in making evidence based decisions. To develop practical solutions for property, asset management, regional development, MSMEs, health, social impact, and sustainability. To strengthen institutional capacity through training, advisory, data analytics, and knowledge sharing. To promote human centered development that balances economic value, social welfare, and environmental sustainability. Our Commitment CIPHER is committed to delivering research and advisory services that are credible, independent, practical, and impactful. We work to ensure that every study, program, and recommendation contributes not only to better decisions, but also to a more inclusive, resilient, and sustainable future. Contact Details Center for Indonesian Property, Humanity, and Economic Research (CIPHER) Foundation Address: Senayan Trade Center 3rd Floor Number 190, Central Jakarta, Indonesia 10270 Working Hours: Mon - Fri : 8AM to 6PM Phone: +628979499990 Email:contact@cipher.or.id