PROPERTY NEWS – Association of Real Estate Indonesia (REI) assess the property sector in 2016 is still not encouraging, but signs of economic recovery become apparent. REI is optimistic that the government’s efforts to adjust the regulation and deregulation will have positive impact on the national property industry.
Chairman of the Central Board (DPP) REI Eddy Hussy, say, in terms of sales slowed further compared to last year. Overall, up to September 2016 property sales only grew about 8% -10%.
“Overall growth in the sale of properties of all the segments are not too high, about 5%. Sales of properties subsidies encouraging the lower middle segment this year. While sales of upper secondary sector is still corrected, “said Eddy at the Media Lunch with Journalist Forum of Housing (Forwapera) some time ago.
In the era of stewardship of the period 2013-2016, the DPP REI actively dialogue and discussion with the government. The result is a number of regulations drawn up by the government along with REI.
The Regulations were related to the Million Houses Programme, simplification of licensing, taxation of real estate, KIK DIRE, property ownership by foreigners, balanced residential and a number of other issues.
propertynbank.com
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