Best Tips to Help You Successfully Buy Your First House

Illustration (Image courtesy of renjith krishnan at FreeDigitalPhotos.net) 

Jakarta – Owning your own home in Depok can be very rewarding. Home ownership has proven to be a prominent way to build one’s wealth, apart from being a way to create wonderful memories with family and friends. Of course, there’s a lot that goes into buying one’s first house. If you will soon be a first-time homeowner, preparation is key when finding a house that suits your needs.

The first step you should take is to create a checklist of all the qualities you expect in a house. This action sets the foundation for the home buying process by encouraging you to assess your needs as well as your wants, according to Fox Business. Your checklist should include must-haves, nice-to-haves, and other necessities, for a well-rounded outline. Once you have a comprehensive list put together, print it out and take it with you on trips to view different houses on the market. When going through each house, you can check off every note you made that applies to the house’s overall quality.

Property Maintenance is One Element of Property Management

If you are new to being a landlord you might find some aspects of the job easier than others. Property maintenance is often one of the tasks that can seem quite straightforward with renting a property as long as you are have a good knowledge of your local tradesman. If you are renting out a property that is not in your local area you might want to get the help of a property management company that will be able to handle this aspect of your rental property.

Initially when you let a property out you should always make sure that it looks in the best condition so that you will attract the best tenant for your property. However, over time the appearance of the property can deteriorate and this could lead to your tenant being unhappy with the property and deciding to move out.

Tips for Expat Moving to Jakarta

Sharing more info that may be useful to expats moving to Jakarta. I want to be honest about some of the things that we experienced when we moved to Jakarta in the hopes that it will help other expats who are moving there as well. There are some things that we had to do that I’m not so proud of, but we had to adjust to the culture of “giving tokens” or “tipping” quite a bit. (I am of course putting this politely). More info after the jump:

WHERE TO GET LIQUOR

• BRINGING IN BOTTLES WITH OUR SHIPMENT: Being Diplos, we thought that we would be able to bring a few bottles of alcohol duty free into Indonesia with our shipment. We had a small box of about 10 bottles, left over from our despedida or going away party. We know that diplomats from other country are able to bring in wine and beer from their countries via diplomatic cargo for personal consumption and entertaining so we thought it wouldn’t be a problem. We were wrong. They delayed our shipment and we had to pay more just so they would release it. I don’t know if this applies to countries with more political clout, but looking back, I would have left the bottles rather than had my shipment delayed and give them a reason to ask me for money.
• BRINGING A BOTTLE WHEN FLYING IN: Each person is allowed One 1Liter bottle of sealed alcohol coming in so usually our expat friends bring a bottle every time they fly back to Jakarta or they request their friends who are visiting to bring a bottle.

Investor or Speculators?

When would be taking a decision to become an investor in property industry, which typical characteristics possessed by an investor that you should have? What kind of investor profile that is good?

As an investor, are you a person who tends to speculate or doubtful type? There are many people who want to become property investors but they only keep thinking of it and finally never take any actions. Or you are probably a person who likes spending money quickly without thinking any longer and this makes your investing decision become a failure.

Gary Keller, an author of Millionaire Real Estate Investors, used to conduct a research about people who are interested to be the property investors and based on this result, he divided the types.

Where to Buy Property in Jakarta, Indonesia

The hot and humid busy city of Jakarta is the capital of Indonesia. Also the largest city in the nation, it holds the record for being the most populated city in Southeast Asia and 12th largest city in the world and the second largest metropolitan area in the world. Jakarta’s first name was Sunda Kelapa, then Jayakarta, then Batavia and finally Djakarta before it became Jakarta in 1972.

As it is the political and economic capital of this Asian archipelago, Jakarta pulls many foreign and local settlers. This mix has created it to become a crazy cosmopolitan city with an equally crazy mix of cultures. Jakarta is called “The Big Durian” by expatriates living in the city. The durian is a tropical fruit with a strong distinctive smell and is an acquired taste.

Overview of the Booming Residential Property Sector of Indonesia

Indonesia's residential property market has shown robust growth in recent years as demand from the country's rapidly expanding middle class for mid-level and luxury property increased steadily amid a low interest rate environment and robust national economic growth. Demand for property is also backed by high consumer confidence as a recent Nielsen survey shows that Indonesians are among the world's most confident consumers. Indonesians' consumer confidence was at a four-year high in the fourth quarter of 2013.

6 Critical ‘Musts’ for Every Real Estate Investor

If you want your money to work for you, follow these rules! Investment in any industry isn't easy and real estate investment can be particularly challenging. Here are six things you need to get a handle on before you start pouring money into a real estate investment.

Effective Tips in Finding Property During Expo | Indonesia Property Expo 2015 at JCC on February 14-22

Jakarta | Kompas.com - Indonesia Property Expo 2015 in Jakarta Convention Center (JCC) has been being held from Saturday (14/2/2015) to January 22nd 2015. For those who have been looking for a house, there are many ways to find some references. In example, you can use a property search portal or go surveying the location of your dream house.

But please remember, there is another one way to get the information about the houses, i.e. to visit a property exhibition. This exhibition is usually held in particular period of time by respective parties, e.g. the government, developers and banks.

The Direction to Apartments around Kuningan, Casablanca and Sudirman in Jakarta | Dedicated for You!

We provide this map pointers try to show the main streets around business and shopping are at Kuningan, Casablanca, Sudirman area. We hope by this map pointer you can figure out how far is approximately from your office to your apartment.

When you move your mouse over the pointers you will find out the apartment. Then click the apartment to through the unit for rent or sale on our website. Hope this is the direction make you easier to find the apartments that suitable for you!

The Condotel - Daily Rented Apartment at Thamrin City, Sudirman Park, and Casablanca Mansion, Jakarta

The Condotel is 1 - 2 - 3 Bedrooms. Furnished Apartment for Daily / Weekly / Monthly rent. You can choose the location you prefer between Sudirman Park, Thamrin City or Casablanca Mansion which all in central business and shopping area in Jakarta.

For further information please contact:
+Leo Ferdinand Rahadian +62818 0827 2928
+Eta Maryani +62819 3292 2101
+Premium House Office +6221 8660 4458

Disewakan harian / mingguan / bulanan di lokasi strategis: Sudirman Park / Thamrin City / Casablanca Mansion

Info lebih lanjut, hubungi:

+Leo Ferdinand Rahadian +62818 0827 2928

+Eta Maryani +62819 3292 2101

+Premium House Office +6221 8660 4458

Visit website :

http://www.premhouse.com/the-condotel

Property Industry to See Positive Growth in 2015

The surge in the middle-income bracket is predicted to have a positive impact on the growth of property in 2015, also favored by the development of much-needed infrastructure, such as toll roads in several regions. 

The prospects of the Indonesian property industry for 2015 are predicted to remain positive, driven by demand for products catering to the middle-class segment. The middle-class segment in 2015 is expected to grow to 90 million people, reflecting high purchasing power, according to an analyst.

The population grows 1.49 percent annually, leading to rising demand for residential property. “However, discrepancy between supply and demand for residential property reached around 15 million units in 2013,” the analyst said in a discussion themed “Housing Estate-Property Prospect and Business Opportunities 2015” held by Kompas.com recently. 

Strategy for Property Assessment | Dr. Dolf De Roos

The property industry in this year is believed to show a bullish indication in second semester - the initial recovery toward the peak. In other words, it's the time to buy for the investors. The time to buy, before the price is rocketed higher, in order to be able to reach a great capital gain later.

Nevertheless, it does not mean that the developer can just take a seat calmly, waiting for a renter approaching. Before the signals of bullish is appeared, they shall have been able to anticipate with the accurate strategy.

Jakarta Shapes Up to be Asia's Hot Property Market

Cashing in on Jakarta's hot property market 02:43

In the Indonesian capital of Jakarta, not even the notorious traffic congestion can slow the voracious demand for property. Roughly 10 million people live within the urban core of this vast city while a further 28 million populate the suburbs. With affluent cash-buyers and local businesses driving the housing market at a rapid pace, anyone with a hope of climbing on the property ladder has to move fast to secure value.

"The prices go up really quickly," said Afifa Loutfie Abdousaalaam, a local property investor. "If you think 'oh you know I don't have enough money now,' you're not going to then catch up with the race because property prices in Jakarta go up above 10% a year," Abdousaalaam added.