JAKARTA, KOMPAS.com – The slowdown in the rise in prices of primary residential property in quarter-III in 2016 is expected to continue until the end of the year.
Likewise mentioned Bank Indonesia (BI) in “Primary Property Price Survey-III Quarter 2016.
in the survey, the central bank stated that residential property prices in the third quarter of 2016 slowed down both quarterly and yearly.
However, basically residential property price index stood at 193.83, an increase of 0, 36 percent on a quarterly basis. A little bit slower than the previous quarter which recorded a figure of 0.64 per cent.
the end of the year BI predict quarterly residential property prices are still likely to rise, amounting to 0.28 per cent or 0.08 per cent slowed compared to the third-quarter 2016 recorded a figure of 0.36 per cent.
lowest price increase expected to occur in large type house which is only 0.22 percent or higher from the previous quarter to just 0.05 percent.
“As a regional basis, house prices expected to fall in Manado, at -0.02 percent, -0.13 percent Jabodebek-Banten, and Pontianak at -, 0.45 percent,” the central bank.
annual basis, residential property prices also increased slowing. In the quarter-IV later predicted price increase of 2.29 percent over the same period last year, lower than the third-quarter to 2.75 per cent.
large type house price growth will thin the 1.15 percent and make it a home with the lowest price increase in the last quarter of 2016.
While Pontianak become the region with the lowest house price increase because it recorded a figure of 0.45 per cent.
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