Chairman of Kadin: Now is the Right Time to Buy Property

By : Ridwan And Aldi Firhand. A | Thursday, April 26 2018 - 22:51 IWST

Ketua Umum Kadin Rosan Roeslani
Ketua Umum Kadin Rosan Roeslani

INDUSTRY.co.id - Jakarta, Stigma that millenial generation is reluctant to buy property has been increasing recently. Seeing this condition, the Indonesian Chamber of Commerce (Kadin) held a Property Chat (NGOPI) event. When Buy This event property is organized to provide answers to the problem. Thursday, (26/4/2018).

Located at 57 Promenade, Graha Niaga Thamrin, Jakarta, the event brings together millenial generation with industry players in property, banking and fintech and representatives from policy makers.

Vice Chairman of the Chamber of Commerce and Industry of Property, Hendro Gondokusumo said, through this activity it wants to hear and discuss with millennial generation directly related to the constraints faced by them in buying property.

The educational forum is expected to provide a tactical solution to help millennials to own and invest in property, he said.

Meanwhile, according to Chairman of Kadin Indonesia, Rosan P Roesli is currently the right time to buy property. With projected economic growth above 5 percent, intensive infrastructure development and enhancement of business ease rankings give hope to the property market to continue growing.

It can be exploited by property business developers to be more careful in looking at opportunities and reading market demand, especially millennial generation who usually want friendly, flexible and affordable payment, Rosan said in his speech.

Rosan added, the challenge for property developers is that development orientation should lead to property products that can be reached by the millennial generation market. Moreover, this segment has the potential to continue to grow until the next ten years so that it affects the industry.

Banks of mortgage lenders must be open to access by millennials because of the ability of this generation to buy a maximum property of Rp 1 billion, of which 17% are only able to buy a house priced above Rp300 million.

This is because their average income of Rp3-6 million, while to buy a house worth Rp300juta, required minimum income of Rp7, 5 million per month.

It is hoped this millennial issue can be accommodated by the government, so it can be issued a policy that supports millennial generation to be able to own property, "he concluded.

News Comment

Today's Industry

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…

Darrell Adams, Head of Southeast Asia & Oceania, Universal Robots (Photo by LinkedIn)

Selasa, 10 November 2020 - 10:30 WIB

Collaborative Robots Open New Horizons in Quality Control Processes

Collaborative robots (cobots) offer suitable solutions to manufacturers. Hence, cobot-based quality control and inspection systems that can transition between different end products in very…

Ilustration Hackers (Photo by Microwire.info)

Jumat, 30 Oktober 2020 - 11:20 WIB

Organisations Paid Hackers US$23.5 Million for These 10 Vulnerabilities in One Year

HackerOne report reveals cross-site scripting, improper access control, and information disclosure top list of most common and impactful vulnerabilities.

Clean Earth Technologies (CET)

Jumat, 30 Oktober 2020 - 10:30 WIB

Clean Earth Technologies’ New Class Of Polymers Invented By Associate Professor, Justin Chalker, Receives Australian Pm’s New Innovator Award

Associate Professor Justin Chalker has invented a novel class of polymers synthesised directly from elemental sulphur which is a waste by-product of the petrochemical industry and renewable…

Adi Ikan - Network Research & Protection Group Manager, at Check Point Software Technologies (Photo by Linkedin)

Jumat, 30 Oktober 2020 - 10:05 WIB

Measuring the Global Impact of the NSA’s Top 25 Vulnerabilities Being Exploited In the Wild

NSA’s list of top vulnerabilities were used to launch 3 million attacks in 2020, with 2.5 million of those attacks occurring in the last 6 months.