Property Industry Supporting National Economy

                            

Jakarta – Real Estate Indonesia (REI) assess policy support from the government is encouraging the property industry in supporting the national economy. Growing property sector is considered to move the related industries.

“There are around 174 industries related to the property sector. Starting from cement, iron, steel, paint to furniture, the property grows, industry-related part moves,” said Hari Raharta, general secretary (Secretary General), DPP REI, the Investor Daily in Jakarta, recently.

He added, REI is one of the partner organizations critical of government to formulate policies in the fields of economy in general and specifically the property. Policy rate cuts and taxation in the property sector. Then, the ownership of property by foreign nationals, balanced residential housing construction permits to cut part of REI interaction with the government.

“It is all thanks to the hard work of the current Chairman, the father of Eddy Hussy with the whole range of the DPP and DPD are very compact,” said Hari Raharta, who is also Chairman of REI candidates 2016-2019.

According to him, a number of government policies must be guarded. For example, trimming permitting the construction of housing should be supplemented by rules such as government regulation (PP). Then, balanced residential development. “It should be implemented in all areas of the archipelago and the developers bernitra each other,” he said.

View the number of policies issued throughout 2016, he was optimistic that the property sector can continue to grow. Moreover, the occupancy rate is still quite high requirements when referring to the housing backlog, which reached 13.5 million units.

REI DPP Chairman Eddy Hussy even predicted in 2017 the property sector can grow around 12-15%.
One of the triggers is the tax amnesty program (tax amnesty) is digukirkan government considered successful implementation. Expected funds already in the declaration by the taxpayer can be invested into the property.

In addition there are several other factors that make the outlook attractive properties in Indonesia, among others, economic growth is expected to be better in 2017, the government is targeting growth of 5.3%. Indonesia is a country with a GDP value of the largest in Southeast Asia. While GDP ratio on mortgages Indonesia is still small at 2.8% by 2015. “Under Singapore to reach 45.9%, Malaysia 37.8%, Thailand 22.3% and Philippines 3.3%,” said Eddy Hussy.

                            
                            Investor Daily

                            

                                   

                            

Edo Rusyanto / EDO

                            

Investor Daily

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