Ever So No. 1, Position Jakarta Melorot Level 6

KOMPAS.com – A survey reported by the Urban Land Institute and PricewaterhouseCoopers (PwC) LLP putting Jakarta at No. 7 for the projected development of property investment in Asia-Pacific in 2017.

Historically, Jakarta had occupied ranked first in the survey that in 2013

a year later, the capital of Indonesia have dropped two places to position 3. then in 2015, his position back up one rank be at level 2.

fall Jakarta’s position as an attractive place to invest property in Asia-Pacific beginning this year that is at rank 6 and continued in 2017.

in the survey, Jakarta described as a city that “super scary” by one investor and “bloody” by others.

Because the Jakarta office sector will be crowded with about 2.28 million square meters of new space entered the market in 2016 to 2019 period, or roughly half of the total office space is already there before.

“Not surprisingly, the level of occupancy and rental rates in decline, although an investor based in Jakarta, said that things have been more stable now,” wrote the survey.

ULI also wrote that Jakarta has proven to be a popular choice in the survey for the last five years.

While investors have always found difficulty in putting money in the market, prices for office assets has improved over the period.

Not Moreover, optimism also began to emerge, when many people take advantage of the opportunity to move because of the office rental rates fell 50 percent in some top class building. This shows, consumers have more choices.

properti.kompas.com

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