PP Properti Optimistic Can Grow Positive in 2018

By : Ridwan And Aldi Firhand. A | Wednesday, January 10 2018 - 22:32 IWST

Dirut Bank BTN Maryono memberikan penghargaan kepada Dirut PT PP Properti Tbk Taufik Hidayat saat acara BTN Golden Property Awards (Rizki Meirino)
Dirut Bank BTN Maryono memberikan penghargaan kepada Dirut PT PP Properti Tbk Taufik Hidayat saat acara BTN Golden Property Awards (Rizki Meirino)

INDUSTRY.co.id - Jakarta - Indonesia soon will enter the political year, the property industry is considered to grow better when compared with the year 2017. Hope comes because the government is more optimistic with the situation and economic conditions in the country.

President Director of PT PP Properti Tbk. Taufik Hidayat said Indonesia's economic situation and condition last year was influenced by global economic movement. This is because the United States (US) has a new government and impact on the direction of economic policy and the slowdown in China's economy.

"These two countries, namely the United States and China, are Indonesia's largest export destination, so that when they fall, it will affect domestic conditions, especially high-end property business," said Taufik Hidayat, in Jakarta (9/1/2018).

According to him, it can also be seen from the rental offices on the main street in Jakarta down, there is an impact on the rental of five-star hotel, and upscale apartments are relatively decreased. So growth will occur in the middle and lower classes.

"But in the middle and lower classes it is backlog and there are about 10 million to 11 million in lower and middle class," he said.

Furthermore, he said, PP Properti believes can continue to grow positively in 2018. The reason, it targets the middle and lower class segment.

"In PP Properti we target the middle class and focus on the location of good interest points for the middle class either on campus or industrial area," he concluded.

News Comment

Today's Industry

Check Point Software Technologies (Images by Acclaim)

Selasa, 18 Februari 2020 - 21:35 WIB

4 Keys to Identify and Avoid Phishing Attacks - Check Point

Brings with it a new era of sales during which cybercriminals take advantage of the increase in the volume of digital transactions to launch phishing campaigns in search of new victims. The…

From video games to government (Images by Pinterest-avante.biz)

Selasa, 18 Februari 2020 - 21:06 WIB

How to steer clear of social engineering scams

Technology can do lots of things better than humans can - playing chess, working a factory floor and soon supposedly driving our cars and trucks is just the start of a very long list. But technology,…

The collaboration between Clean Earth Technologies (CET) - and Flinders University

Selasa, 18 Februari 2020 - 20:25 WIB

International Partnership Takes Australian Environmental Cleanup Solution to World Markets

The collaboration, between new generation environmental technology company Clean Earth Technologies (CET) and Flinders University, will support ongoing development of the absorbent polysulfide…

The Nautilus Resort is expected to open in 2023

Senin, 17 Februari 2020 - 11:25 WIB

Curio Collection by Hilton to Debut in Malaysia with Signing in Pulau Langkawi

Hilton, one of the world’s fastest-growing hospitality companies, has signed a 15-year management agreement with Inspirasi Langkawi Sdn. Bhd. “Inspirasi Langkawi” to build The Nautilus…

Bentley Systems Announces the Availability of OpenBuildings Station Designer

Minggu, 19 Mei 2019 - 14:58 WIB

Bentley Systems Announces the Availability of OpenBuildings Station Designer

Bentley Systems, Incorporated, the leading global provider of comprehensive software and digital twins services for advancing the design, construction, and operations of infrastructure, today…