Commercial Property Demand Rises

JAKARTA, KOMPAS.com – Survey of Bank Indonesia (BI) showed an increase in demand for commercial property in the third quarter, 2016.

Index komersia demand for properties in this period stood at 128.20, up 0.46 per cent on a quarterly basis.

the increase was higher than the growth recorded in the previous quarter to 0.28 percent.

“the demand for commercial property were higher primarily from the hospitality segment which rose 13, 51 percent from the previous quarter in line with the activities of PON and meetings outside the office, “writes BI.

in addition to the hotel, the increase in demand is also coming from the convention center which accounted for 9.93 per cent increase in line with the high automotive exhibition activities and agencies trips, graduation events, and weddings.

There PON activity in the West Java Bandung Sept. making it the region with the highest increase in commercial demand, 3.8 percent over the previous quarter.

Growth demand is quite high also occurs in Surabaya. City of Heroes hospitality segment increased by 20.6 percent making the overall demand for commercial property grew 2.22 percent from the previous quarter.

Annually, commercial property demand also showed a rise of 1.66 percent, but lower than the increase in the previous quarter, which is 2.29 percent.

“the increase in demand occurred in the apartment segment 15.78 percent annually, especially in Jabodebek 17.97 per cent, especially in Jakarta, along with the high demand for a place to stay near the office, “said BI.

Jabodebek addition, the demand for commercial property is quite high also occurs in Surabaya, which is 5.10 per cent, especially in the office segment which rose 22.31 percent.

properti.kompas .com

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