Security Guarantees Investing is Important for Property Industry Performers

By : Herry Barus And Aldi Firhand. A | Wednesday, November 29 2017 - 10:22 IWST

Chairman of DPP Real Estate Indonesia Soelaeman Soemawinata while chairing DPP REI meeting at The Anvaya Hotel, Kuta, Bali, Saturday (1/4/2017). (INDUSTRY / Rizki Meirino)
Chairman of DPP Real Estate Indonesia Soelaeman Soemawinata while chairing DPP REI meeting at The Anvaya Hotel, Kuta, Bali, Saturday (1/4/2017). (INDUSTRY / Rizki Meirino)

INDUSTRY.co.id - Medan - Realestate Indonesia (REI) asks the government to guarantee security and legal certainty of investing in the property sector following the influx of political year starting 2018.

"DPP REI has and will continue to request and remind the government of the importance of guaranteeing legal certainty in the political year especially the 2019 Presidential Election," said DPP REI Chairperson Soelaeman Soemawina in Medan, North Sumatra, Tuesday (28/11/2017)

He is in Medan attending Regional Council (Musda) REI North Sumatera XI and inauguration of the 2017-2020 management with elected chairman Andi Atmoko Panggabean.

According Soelaeman Soemawina, assurance of investment security is considered important so that property sector business not slumped.

"In recent years the property sector business has declined and only slightly improved by the end of 2017," said Soelaeman.

If not guaranteed, said Eman familiar call Soelaeman, the property sector began 2018 will weaken again.

Even the weakening of the property sector could continue for longer because there are Election in 2019.

He explained, although the presidential election in 2019, the political agenda that has begun to be felt in 2018.

Therefore, said Eman, REI assess the government should oversee the political agenda since 2018.

Moreover, he said, until now, developers are still hampered by the rules of the district / city governments are considered burdensome.

"Although President Joko Widodo has issued many regulations to facilitate, but not yet realized in the region," he said.

He gave an example of PP 64 on the Acquisition of Building Rights (BPHTB) that local governments have not yet implemented.

News Comment

Today's Industry

Aman Abdurrahman.terdakwa kasus terorisme (Foto Dok Industry.co.id)

Jumat, 22 Juni 2018 - 18:30 WIB

South Jakarta District Court Judge Sentenced to Death of Oman Abdurrahman

South Jakarta District Court Judge Akhmad Jaini sentenced the defendant to the terrorist case of Oman Rochman alias Abu Sulaiman bin Ade Sudarma alias Aman Abdurrahman at the South Jakarta District…

PT Electronic City Indonesia Tbk (ECII) (Foto Dok Industry.co.id)

Jumat, 22 Juni 2018 - 17:30 WIB

Throughout 2017, Electronic City Income Reach Rp1, 8 Trillion

PT Electronic City Indonesia Tbk (ECII) revenues in 2017 reached Rp1,818 trillion, up 9.6 percent from Rp1,659 trillion in 2016.

PT Electronic City Indonesia Tbk (ECII) (Foto Dok Industry.co.id)

Jumat, 22 Juni 2018 - 16:30 WIB

Electronic City Spends Rp 35 Billion on Expansion

PT Electronic City Indonesia Tbk (ECII) this year poured Rp35 billion for business expansion by opening five new outlets.

Pembangkit Listrik

Jumat, 22 Juni 2018 - 15:30 WIB

Lebaran Completed, PLN Reactivate Power Plant 5,000 MW

PT PLN (Persero) reactivated a number of power plants that had been shut down during the Idul Fitri 2018 holidays. The reactivated power plant has a total capacity of 5,000 megawatts (MW).

Ketum Partai Gerindra Prabowo Subianto (Foto Dok Industry.co.id)

Jumat, 22 Juni 2018 - 14:30 WIB

General Chairman Gerindra Prabowo Subianto Attends the Last Debate of NTT Governor Election

East Nusa Tenggara Governor number 1 Esthon Foenay said in the last candidate debate to be held by the local KPU on Saturday (23/6) tomorrow, Gerindra Prabowo Subianto Party Chairman will witness…