Expensive Property Minister Said It, If You?

Illustration. The price of property is very difficult even impossible tend to fall in the future.

The high price of the property is not only felt by those who are not able to buy. Tjahjo Kumolo, the Interior Minister today also feel the same way.

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“He (A director of developer) says, cheap Pak , not to Rp2.5 billion. Edan! “PDI-P politician said as quoted by Kompas.

It was spoken as he told me got an offer of apartments in central Jakarta that the payment can be paid in installments over 36 months, amounted to @ 2.5 billion.

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Tjahjo wonder why the price of the apartment can be as expensive as it was. Apparently, he continued, the price of the land where the apartment stands reached Rp250 million per square meter. Even more surprising, Tjahjo found that the apartments are still selling like hotcakes.

The availability of land, especially in Jakarta is still continues to be a major problem related to the price of the property. Similar delivered Anton Sitorus, Director, Head of Research and Consultancy Savills Indonesia.

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According to Anton, the development of a wide mass transport impact terkereknya significantly on property prices. “The rising price of land and property can average 15 to 20 percent per year in the long term,” said Anton.

The percentage increase in property prices was not trivial. Especially considering the base price of the property is currently being multiplier, was so high. So, you still want to put off buying homes?

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