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
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.
Read Also
tops! Handover of Cluster 'The Grove' Shila at Sawangan Faster Than…
Swire Properties, A Story of World-Class Excellence and Creative…
Jababeka Together with Japan’s Largest Developer (Mitsui Fudosan…
Jababeka Together with Japan’s Largest Developer (Mitsui Fudosan…
Coming Soon: Orange Groves at PIK 2, A new Riverside Destination…
Today's Industry

Jumat, 02 Juni 2023 - 17:40 WIB
Huawei ICT Competition 2022-2023 Global Final Held in Shenzhen — 146 Teams from 36 Countries and Regions Win Awards
The Huawei ICT Competition 2022-2023 Global Final concluded in Shenzhen, drawing to a close the seventh installment of this competition.

Jumat, 02 Juni 2023 - 15:50 WIB
CleverTap launches local deployment of its SaaS platform in Indonesia
CleverTap, the leading global B2B SaaS platform for customer engagement and retention, has made its platform available within Indonesia through data centers hosted on Amazon Web Services (AWS),…

Jumat, 02 Juni 2023 - 15:10 WIB
Inaugurated by the President, the Kretek 2 Bridge Strengthens the Java Southern Route
RI President Joko Widodo (Jokowi) inaugurated the Kretek 2 Bridge, Friday (02/06/2023) morning, in Bantul Regency, DI Yogyakarta. This bridge will support the Southern Cross Road (JJLS) which…

Jumat, 02 Juni 2023 - 14:00 WIB
President Jokowi: Pancasila is the Foundation of Indonesia's Success in Facing Global Challenges
In the midst of the global crisis, Indonesia is one of the few countries that has succeeded in maintaining economic, social and political stability as well as controlling inflation, growing…

Jumat, 02 Juni 2023 - 13:30 WIB
President Encourages Acceleration of Electric Battery Ecosystem Development
Indonesian President Joko Widodo (Jokowi) encourages the acceleration of investment realization for the development of the electric car battery ecosystem which will be carried out in the Bantaeng…
News Comment