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. 

Rent or Buy? | When the Calculation is Unbalanced [2]

When the interests of housing loans program (KPR) and the incentives from developers (down payment credits) are included in investment calculations, buying an apartment in Kuningan area seems to be interesting enough. But, with 30% down payment and current interest rate, buying an apartment can be 4% more expensive than renting the same property. Whereas in last two years, buying an apartment in Kuningan is 26% cheaper than renting the same apartment.

Long-Term or Short-Term

The potential property market which becomes potential to get overvalued is the result of two main causes, i.e. first, the condition and situation of the country that relatively stable, either in macro or micro economics wise. Secondly, the sustainable national economisc growth has attracted a lot of foreign investors to invest in Indonesia. By the time, it will lead the expatriates to come, and it stimulates the growth of residences demands.

Rent or Buy? | When the Calculation is Unbalanced [1]

Johan and Jenny Wijaya are lucky couple. When they decided to buy property four years ago, around 2010, the time was right: it was before the property market getting "leap". This couple bought an apartment in Kuningan area, Jakarta Selatan, a mall-apartment-office superblock (trending complex built by developer nowaday). The apartment was bought in a value worth of IDR 3 billion.

Lesser than three years afterward, Johan and Jenny realized that the property market indications were starting to get bubbled. Both of them then decided to sell their apartment and were back to rent a house instead.

House for Rent at Pondok Indah, South Jakarta | Premhouse List ID 5484

Pondok Indah is an upscale residential area in Kebayoran Lama, Jakarta Selatan. Commonly dubbed the 'Beverly Hills' of Indonesia, this is a much sought-after suburb by expatriates due to the proximity to the Jakarta International School. Ciputra and Brasali, one of the Indonesia's pioneers for real estate developer and the Metropolitan Kentjana Group which built Pondok Indah around year of 1970's into the most prestigious and complete residential complex and commercial area in Indonesia. Visit our website: House for Rent at Pondok Indah, Jakarta Selatan

For more info about this house, please contact Premhouse Marketing:
Eta Maryani | +62-819-32922101 | +62-852-15056858
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Email address: eta@mediapura.com