Entering the Political Year, Intiland Optimistic Property Growth Indonesia Will Rise

By : Ridwan And Aldi Firhand. A | Wednesday, January 10 2018 - 22:36 IWST

PT Intiland Development Tbk (DILD)
PT Intiland Development Tbk (DILD)

INDUSTRY.co.id - Jakarta - Indonesia's economy is seen starting to rise in 2017. However, there are some sectors that still have not boosted economic growth, such as property.

Corporate Secretary of PT Intiland Development (Tbk) Theresia Rustandi said, the property sector throughout 2017 is still stagnant from the sales side. Although supply continues to grow, but property sales in 2017 are still not wriggling.

"Even so, entering 2018, developers including Intiland are optimistic that property in Indonesia will start to rise," Theresia said in Jakarta (9/1/2018).

According to her, the condition of the property sector in 2018 could be better. Moreover, a number of positive signals began to be seen this year. As EoDB's ranking of ease of doing business (EoDB) Indonesia ranked 72 out of 190 countries.

"In addition the government also allows for foreign citizens to own property in Indonesia," she explained.

Even that optimism overcomes the political year that will start in 2018. According to her, people have started to be smart with no fear of investing in property despite entering the political year.

"We are optimistic that conditions can be better, and the positive signal and society are maturing not to link politics to the economy or property," Theresia said.

News Comment

Today's Industry

CEO SCBI Rino Donosepoetro dan Presdir PT Sumber Alfaria Trijaya Tbk, Hans Prawira (Foto Dok Industry.co.id)

Sabtu, 21 April 2018 - 11:00 WIB

Strengthens Working Capital, Standard Chartered Distributes Bilateral Loan Facility for MPM Finance

Jakarta - Standard Chartered Bank Indonesia ("Bank") and MPM Finance are cooperating with the utilization of a Rp 337 billion term loan facility secured by MPM Finance's receivables. Funding…

PT PAL Indonesia

Jumat, 20 April 2018 - 22:26 WIB

Senegal to Buy Tanker and Cargo Ship from PT PAL Indonesia

President Director of PT. PAL Indonesia, Budiman Saleh, confirmed that Senegal will buy a tanker and cargo weighing 18,500 tons.

Strengthens Suzuki Identity Use Theme 'The Next Urban Family at IIMS 2018'

Jumat, 20 April 2018 - 22:22 WIB

All New Suzuki Ertiga Believed to Sell 5,000 Units Monthly

PT Suzuki Indomobil Sales (SIS) officially launched All New Suzuki Ertiga in Indonesia International Motor Show (IIMS) 2018. It targets able to sell All New Ertiga in the number 5,000 units…

PT Kimia Farma Tbk (KAEF)

Jumat, 20 April 2018 - 22:20 WIB

Kimia Farma Immediately Develop Online Pharmacies

PT Kimia Farma (Persero) Tbk will develop a business model of online pharmacies while waiting for regulation about the sale of drugs through cyberspace or internet which is currently being brewed…

Director of Kimia Farma Honesti Basyir (left) (Photo Dok Industry.co.id)

Jumat, 20 April 2018 - 22:18 WIB

Kimia Farma is eyeing Middle East-Africa Market

Pharmaceutical SOE PT Kimia Farma (Persero) Tbk plans to expand to international level by entering the market of Middle East region and countries in continent of Africa.