Jakarta mpi-update. Entering the third quarter of 2016, the investment climate in the property sector in fact still drove signifi cantly. Some sub-sectors both sales and leasing property, gain is still far below the growth in the supply of properties.
Magazine November 2016 issue of the Indonesian property in the Monitor section discussing it with a number of sources. Director of Research Colliers International Indonesia, Ferry Salanto, for example, to see a trend that is currently going on, the condition of the property market entered in a time of buyer’s or tenant’s market, ie a market condition that puts a buyer or tenant at a higher bargaining position.
This condition means that the buyer can negotiate the price as low as possible until the desired agreement. That is because the current supply of properties mainly for office space, and apartments showed the phenomenon of excess supply (over supply) while the level of demand continues to weaken.
In line with Colliers, Jones Lang LaSalle (JLL), represented by Head of Advisory JLL Indonesia Vivin Harsanto, stated that although they do not like the conditions in previous years, but the developer and the consumer sector is now more active property indicating sluggishness of the property began to change.
“Although it has not been marked by a significant increase, both the developers and consumers look more active than the previous quarter,” he said.
According to him, lethargy macroeconomic gradually improved judged capable bring positive sentiment to keselu totality of the property business. For that, business people pro like are expected to always come up with new strategies as the competition will be more competitive.
Country Head JLL Indonesia Todd Lauchlan added that within a few instead of forwards, a number of activities that occur in the country will be able to stimulate the real estate business into a better direction.
In different occasions, the Senior Associate Director of Office Services at Colliers International Indonesia Ricky Tarore revealed, see the condition of this market, there is an opportunity that should be utilized by property investors.
He was optimistic that today is the most favorable time to buy property. Ricky reasoned, developers incentive to provide attractive offers like discount price, ease of payment, as well as other facilities that is chosen, the consumer. When various policies to support the revival of the property sector started to work well, prices will slowly but surely creeping up.
“in the form of policy relaxation of LTV 85%, interest rates are already at the level of 5.25%, ease licensing, taxes are low and the latter is a tax amnesty, “said Ricky.
Prices will come back crawling up, he added, about the second half of 2017, in line with the market excited again due to improvements in purchasing power and the ability of developers to build liquidity of the property.
(MPI digital version can be accessed via http: // http://ift.tt/2eatRRo or http://ift.tt/2ewFNxN more practical and more economical to 34%, the print edition can also be obtained at toko2 leading book and sales agents newspapers and magazines).
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