Economic Growth is The Important Factors of the Industrial Property Industry Development

By : Ahmad Fadli And Aldi Firhand. A | Thursday, February 08 2018 - 21:31 IWST

Kawana Golf Residence Jababeka
Kawana Golf Residence Jababeka

INDUSTRY.co.id - Jakarta - The national economic growth is a very important factor in order to boost the property sector which for some time last stagnated so that the government is expected to maintain the growth momentum.

"Economic growth is one factor that greatly affects the property business," said Head of Advisory Jones Lang LaSalle (international property consultant), Vivin Harsanto in a written statement here on Thursday (8/2/2018)

According to her, this can be seen closely related to the level of demand for office markets such as in DKI Jakarta and surrounding areas.

She expressed his hope that economic growth above 5 percent this year could continue to increase in the coming years.

With the support of infrastructure development and improvement of investment ease rating, she continued, property developers are also expected to utilize and look at it as an opportunity and read market demand.

As proclaimed, Finance Minister Sri Mulyani Indrawati ensures Indonesia will continue to maintain the momentum of economic growth that has been established both by maintaining the performance stability of the state budget.

"Indonesia has a desire to maintain the momentum of the economy and the stability of the state budget, so we are looking for a 'balance' point," said Sri Mulyani in response to the latest IMF assessment results on Indonesia's economy in Jakarta, Wednesday (7/2).

Sri Mulyani said that one of the efforts to maintain the stability of the State Budget performance is to maintain the budget deficit in a controlled level and within the permitted limits of the Act, which is three percent to GDP.

News Comment

Today's Industry

Southeast Asia TRENDER Report 2020

Kamis, 03 Desember 2020 - 13:15 WIB

ZALORA Launches Inaugural Southeast Asia TRENDER Report

The report seeks to answer retail e-commerce conundrums for fashion, beauty and lifestyle segments in the region that have been further fuelled by the ongoing pandemic.

PATA Face of the Future 2021

Kamis, 03 Desember 2020 - 12:15 WIB

Submissions Invited for PATA Face of the Future 2021

PATA is a not-for-profit membership association that acts as a catalyst for the responsible development of travel and tourism to, from and within the Asia Pacific region.

Hotel Resonance Taipei, Tapestry Collection by Hilton

Kamis, 03 Desember 2020 - 11:45 WIB

Hilton Launches First Hotel under Tapestry Collection in Asia Pacific

Square International Stays Corp, a subsidiary of Prince Housing & Development Corp, under a franchise agreement with Hilton.

Daniel J. Blanchett is an English and Emotional Intelligence lecturer at President University in Cikarang and is currently pursuing a Masters in Management Technology

Selasa, 01 Desember 2020 - 06:00 WIB

Leveraging Business Opportunities through the Push-Pull-Moring Model in a COVID-19 World

Utilizing the Push, Pull, Mooring model (PPM) businesses can identify and take advantage of customer dissatisfaction in the marketplace by competitors.

Oleg Mogilevsky - Product Marketing Manager at Check Point Software Technologies (Photo by Linkedin)

Selasa, 10 November 2020 - 11:00 WIB

Five Reasons to Reevaluate Your Endpoint Protection

With the new emerging threats caused by remote working standards, security professionals need to reevaluate their approach to protecting endpoints. In order to do so, it’s vital that organisations…