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
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.
Read Also
Coming Soon: Orange Groves at PIK 2, A new Riverside Destination…
Gov’t Gears Up to Build Housing at Nusa Tenggara’s Disaster-Affected…
Gov’t to Renovate 1,405 Housing Units in Riau This Year
Gov’t Builds Houses for Disaster-Hit Communities in East Nusa Tenggara
Gov’t Begins Construction of Permanent Houses for Flood Victims…
Today's Industry

Selasa, 05 Juli 2022 - 11:56 WIB
JAKPAT Research: GoFood, the Most Used Online Food Delivery Application
Although GoFood is not the online food delivery app that gives promo and discount the most, GoFoodstill maintains its market leadership as the most used Online Food Delivery (OFD) application.…

Selasa, 21 Juni 2022 - 17:53 WIB
Inter Sectors Collaboration in Strengthening SMEs, Key for Post-Pandemic Recovery Acceleration
Indonesia owns an important role to support the world’s policy that prioritize various parties collaborations as the key to realize an inclusive world economy, included Small Middle Enterprises…

Senin, 06 Juni 2022 - 21:35 WIB
Collaboration and Innovation, Key to support Inclusive Economy Growth
Collaboration and innovation is a common thread of various Business Twenty (B20) forums. This is an important part of G20 activities in 2022. That matters are also going to become a main key…

Selasa, 17 Mei 2022 - 14:00 WIB
NORD DRIVESYSTEMS at LogiMAT in Stuttgart From 31st May to 2nd June 2022 NORD will present innovative drive solutions for intralogistics
The specialist LogiMAT exhibition in Stuttgart offers as comprehensive overview of the intralogistics and process management market. As one of the market leaders for drive technology, NORD presents…

Selasa, 17 Mei 2022 - 13:00 WIB
President Jokowi Invites US CEOs to Boost Cooperation with Indonesia
President Joko “Jokowi” Widodo has invited company CEOs in the United States to boost cooperation with ASEAN countries, particularly Indonesia.
News Comment