Property Consultant Expects More Accurate Housing Data
By : Hariyanto And Aldi Firhand. A | Thursday, April 05 2018 - 21:11 IWST

Residence Illustration
INDUSTRY.co.id - Jakarta - Property consultant Colliers International expects data such as the number of housing units to house backlogs in various areas to be more accurate.
"With the cooperation of various parties is expected to create a more accurate 'landed house' (trail house) data," said Senior Associate Director of Colliers International Indonesia Ferry Salanto in Jakarta, Wednesday (4/4/2018).
To that end, he appreciated the cooperation efforts that have been raised by Bank Indonesia with the association of Real Estate Indonesia (REI) developers to fix the property data.
Moreover, Ferry believes that Bank Indonesia as an independent institution is also expected to further dig the information to the developer.
According to him, the current property data such as the number of "backlog" in Indonesia is actually derived from the estimates of less obvious origin.
"The backlog data, which is scattered nowadays is unclear where data comes from, most of which are only estimates," he said.
Previously, BI and REI signed a memorandum of understanding in Gedung Bak Indonesia, Jakarta, Monday (2/4).
BI Senior Deputy Governor Mirza Adityaswara said the cooperation was done because the central bank needed accurate data as a sure foundation to produce a decision related to the property sector.
He explained a number of these policies, among others related to the ratio of debt to loan (loan to value / LTV) needed as one of the prerequisites of obtaining a mortgage.
Mirza also expressed his hope that in 2018 which is often referred to as the political year, not to dampen the intentions of business actors to conduct economic activities.
Previously, data from the home.com page stated that the national property market in 2018 is expected to be more positive, continuing the trend that has formed throughout 2017.
While on the supply side, the property market slowdown is expected to occur in mid-2018 as the impact of Eid al-Fitr and National elections 2018.
The same thing is also expected to happen ahead of the legislative elections and ahead of presidential and vice presidential elections in 2019. (tar)
Read Also
SUNeVision Initiates MEGA IDC Phase Two Development
President Prabowo Orders Massive Dissemination of Pro-People Policies…
Boediman Widjaja, Hero of Environmentally Friendly Building Materials…
Optimistic of Warehouse Business Outlook, VAST Acquires Warehouse…
Not to Be Missed: New Museum to Open Dec. 22 in Taiwan’s Cultural…
Today's Industry

Jumat, 02 Mei 2025 - 10:46 WIB
Binawan and Government Support Indonesian Nurses in Europe through Scholarships
In the midst of the viral #KaburAjaDulu hashtag as a symbol of the young generation's disappointment with domestic working conditions, Binawan responded with real action: dispatching Indonesian…

Jumat, 28 Maret 2025 - 22:07 WIB
TDL Records New Revenue Record of IDR 25 Trillion in 2024 Ahead of 50th Anniversary
PT Metrodata Electronics Tbk (MTDL), the largest technology Company with the most complete IT and telecommunications products in Indonesia, managed to record a revenue of IDR 25 trillion in…

Jumat, 28 Maret 2025 - 22:00 WIB
Wireless Logic Selected By Thales As IoT Connectivity Partner
Wireless Logic, a global leader in IoT connectivity solutions has been selected by Thales, a global leader in advanced eSIM technologies, to enable secure, scalable and resilient IoT connectivity…

Jumat, 28 Maret 2025 - 21:53 WIB
Microvista Expands International Presence with Mobile CT System ScanExpress
The German specialist in industrial computed tomography and non-destructive testing, Microvista, announces the European expansion of its innovative mobile CT system, ScanExpress. The system…

Jumat, 28 Maret 2025 - 21:44 WIB
Turning Loss into Profit, INOV Optimistic in Maintaining Positive Performance this Year
PT Inocycle Technology Group Tbk (INOV:IJ) Indonesia's leading and largest PET waste recycling Company managed to book sales of IDR 629 Billion in 2024, an increase of 4.8% compared to the previous…
News Comment