Followed by hundreds Developers, REI Mega Expo Offers Residential Range Rp 130 Million

By : Ahmad Fadli And Aldi Firhand. A | Sunday, April 22 2018 - 21:44 IWST

The Association of Real Estate Companies of Indonesia (REI) in cooperation with Dyandra Promosindo for the second time again held REI Mega Expo which took place from 19-29 April 2018 at Hall C3, JIExpo Kemayoran, Central Jakarta.
The Association of Real Estate Companies of Indonesia (REI) in cooperation with Dyandra Promosindo for the second time again held REI Mega Expo which took place from 19-29 April 2018 at Hall C3, JIExpo Kemayoran, Central Jakarta.

INDUSTRY.co.id - Jakarta - Indonesian Real Estate Company Association (REI) in cooperation with Dyandra Promosindo for the second time again held REI Mega Expo which took place from 19-29 April 2018 at Hall C3, JIExpo Kemayoran, Central Jakarta.

The exhibition was followed by 25 developers with total products marketed to reach 100 property projects of various types and market segments.

Most interestingly, this year REI's largest and most magnificent property exhibition was held at the same time and location along with the most prestigious automotive exhibition in the country, Indonesia International Motor Show (IIMS) 2018. As is known, around 500 thousand visitors are targeted to attend IIMS 2018.

REI rate this event is one of the new breakthrough, where the automotive exhibition combined with the exhibition property especially home.

"Currently, both houses and cars are the two primary needs for the people in urban areas, so it is expected to occur synergy and complementarity. So consumers are spoiled for being present in one location, but can see two products at once ie automotive and property, "said Chairman of DPP REI, Soelaeman Soemawinata told reporters after the official opening of REI Mega Expo 2018 at JIExpo Kemayoran, Saturday (21/4/2018 ).

Various property products are exhibited at REI Mega Expo 2018, where the majority dominated residential products belong to REI members. The home marketed from various segments ranging from subsidized to non-subsidized housing with a price range from Rp 130 million to Rp 5 billion per unit.

Subsidized houses do get great attention from REI because along with the association's commitment as the front guard to build people's homes.

During the exhibition, the organizers have prepared a number of promos for consumers, among others, buy a house can be a car, low down payment of 1% -5%, low interest KPR / KPA ranging from 5%, KPR / KPA tenured up to 20 years, and instant approval from banking.

According to Eman, he is familiarly called, with marketing synergy through major exhibitions such as REI Mega Expo expected to help bridge developers and prospective buyers.

Since the beginning of this year many developers, especially members of REI are increasingly aggressively launched property products that show the property market began to rise again. But the market needs to continue to be encouraged, one of them by multiplying the exhibition property. The exhibition, he said, is powerful enough to get people to buy something.

"Our strategy will be to propagate and support the exhibition activities such as property, so that the echo is expected to drive the market spirit, especially the developers to continue to produce, and that is important to be a magnet to attract people to buy or invest property," said Eman who is also President of the International Real Estate Federation FIABCI) Asia Pacific.

He expects the growth of the property industry in the future will get better. The association is not too worried about the political year will hit the property business this year. Property business actors, he said, are used to facing the political year so it will not affect their expansion plans.

It is targeted that at least 50 thousand people will visit for 10 days of REI Mega Expo 2018, with transaction target estimated to reach Rp 5 trillion.

News Comment

Today's Industry

Wellington College Independent School Jakarta (WCIJ)

Senin, 29 April 2024 - 05:02 WIB

One of the UK’s Most Established Schools Chooses Jakarta for Their Latest Opening

Wellington College Independent School Jakarta (WCIJ) is thrilled to announce its grand opening in September 2024! As the first private UK school to open in Indonesia, WCIJ, a pioneering co-educational…

Presiden Jokowi

Selasa, 23 April 2024 - 10:29 WIB

President Jokowi Reaffirms Commitment to Farmers’ Welfare

President Joko “Jokowi” Widodo on Monday (04/22) inspected corn harvest in Boalemo regency, Gorontalo province. “Our corn import has decreased significantly from 3.5 million tonnes to…

Photo: Aris Nurjani/VOI

Rabu, 28 Februari 2024 - 12:47 WIB

Carsurin and NBRI Strengthen Strategic Alliance to Propel Indonesia’s EV Industry

PT Carsurin Tbk ("Carsurin") and the National Battery Research Institute ("NBRI") are pleased to announce the signing of a pivotal Strategic Alliance Agreement (SAA), marking a significant advancement…

Beras (Foto/Rizki Meirino)

Rabu, 21 Februari 2024 - 08:43 WIB

Gov’t to Continue Disbursing Rice Assistance

President Joko “Jokowi” Widodo has ensured that the Government will continue rolling out the rice assistance program for low-income families. The President made the statement when handing…

Ilustrasi pabrik beras. (Foto: DetikFood)

Rabu, 21 Februari 2024 - 08:40 WIB

Bapanas Head Ensures Availability of Rice Stock Ahead of Ramadan

The National Food Agency (Bapanas) has ensured the availability of rice for the fasting month of Ramadan and Eid al-Fitr 1445 Hijri/2024 CE. “We believe that there is enough rice for the fasting…