The Last Six Months, The Condominium Market Is Simply Stable

By : Ridwan And Aldi Firhand. A | Thursday, October 12 2017 - 21:31 IWST

Property Illustration
Property Illustration

INDUSTRY.co.id - Jakarta- Property consultant Jones Lang LaSalle (JLL) says the condominium market or vertical dwelling is currently quite stable and still shows a fairly active movement in the lower middle class.

"The selling activity of the condominium market in general is at a fairly stable level during the last six months," said Head of Residential JLL Indonesia, Luke Rowe, in the exposure of property held in Jakarta on Wednesday (11/10/2017)

According to him, it is seen, among others, from the level of absorption that the average remains at 64 percent.

In addition, he said, the developers are also considered quite active in launching new condominiums in Central, West, and North Jakarta. The launch, he added, is not just for the middle to lower class, but also began to be launched for high-end condominiums.

In addition, policies related to the benchmark rate set by Bank Indonesia should be properly considered as they have the potential to stimulate property performance for the purchase or sale of apartments.

Reminiscent that for the year 2017 the number of buyers of housing, both apartment and home site, the number of buyers using mortgages is greater than a few years ago.

News Comment

Today's Industry

Cyber Attack (Images by IDN Times Jabar)

Jumat, 21 Februari 2020 - 09:09 WIB

Cyber Attack Fears are Delaying Business Innovation

Survey conducted by bug bounty and pentesting platform, HackerOne, has revealed that IT projects are being stifled due to security concerns. More than 80% of UK CISOs and CTOs who were interviewed…

OnRobot (Images by Business Wire)

Kamis, 20 Februari 2020 - 15:33 WIB

OnRobot Expands Innovative Gecko Gripper Family with Compact Gecko Single-Pad Gripper

OnRobot, a global leader in robotic end-of-arm tooling, has launched a compact, single-pad version of its innovative Gecko no-mark adhesive gripper. The new Gecko Single Pad gripper brings the…

Synopsys, Inc. (Images by PR Newswire)

Kamis, 20 Februari 2020 - 15:13 WIB

Synopsys Announces First Application Security Testing Solution

Synopsys, Inc. Announced that it will release a major update to the Polaris Software Integrity Platform to extend its static application security testing and software composition analysis capabilities…

Coronavirus themed Malware (Images by Novel coronavirus COVID-19 FDA)

Kamis, 20 Februari 2020 - 14:46 WIB

Beware of the other virus, the spread of Coronavirus-themed Malware

While the world attempts to take control over the spread of the Coronavirus, and tries to contain, eliminate and prevent it from spreading, hackers around the globe have found the Coronavirus…

Synopsys Software Integrity Group (Images by BusinessNews Indonesia)

Kamis, 20 Februari 2020 - 14:07 WIB

How to Cyber Security, It’s all about developers, except when it’s not

To get security testing results in front of developers, who are in the best position to address them effectively, you need automation and integration. Product security is hard. The goal is to…