Semester II-2017, Landed House Sales in Jabodetabek Reach Rp 7.1 T
By : Ahmad Fadli And Aldi Firhand. A | Sunday, May 06 2018 - 22:52 IWST

Property Illustration
INDUSTRY.co.id - Jakarta - Throughout the second half of 2017, the transaction of a house or landed house in Jakarta, Depok, Bogor, Tangerang and Bekasi (Jadebotabek) areas reached Rp 7.1 trillion.
"The transaction comes from the sale of 5,363 housing units, projected that demand will increase in H1 (first semester) 2018," said Arief Rahardjo, Senior Associate Director and Head of Research and Advisory Cushman and Wakefield Indonesia in a press statement on Friday (4/5/2018 ).
The value of the transaction is lower than the same period in previous years which could be perched at Rp 8 trillion. Although growth is predicted to occur in the first half of 2018, but estimates will not be more than two percent.
This is because of the political conditions that are happening. As is known, this year the election of regional heads simultaneously re-held. In addition, at the same time preparations are being made to face the national political contest in 2019.
"The property market, especially landed residential, is projected to be positive, but it will not be significant because the low inflation rate is also the year of simultaneous regional head elections, the middle and upper middle class which will dominate supply in 2018," Arief said.
During the second semester of last year, the Tangerang region still recorded the highest sales transaction compared to other regions in Jabodetabek. This is known from research conducted Cushman and Wakefield against 34 housing in Jadebotabek. There is also the most desirable home or a favorite consumer, worth Rp 1.2 billion until Rp 1.6 billion, with the dimensions of the building 68-84 square meters and the land area of 72-90 square meters.
Read Also
Jababeka and Mitsui Fudosan Asia Launch Wimbledon Shophouse in Kota…
tops! Handover of Cluster 'The Grove' Shila at Sawangan Faster Than…
Swire Properties, A Story of World-Class Excellence and Creative…
Jababeka Together with Japan’s Largest Developer (Mitsui Fudosan…
Jababeka Together with Japan’s Largest Developer (Mitsui Fudosan…
Today's Industry

Rabu, 29 November 2023 - 20:06 WIB
President Jokowi Joins Tree Planting Activity in Pulogadung Industrial Area
President Joko “Jokowi” Widodo Wednesday (11/29) participated in the Joint Tree Planting Movement at the PT Jakarta Industrial Estate Pulogadung (JIEP) Forest in the Pulogadung Industrial…

Rabu, 29 November 2023 - 20:02 WIB
President Joko 'Jokowi' Widodo has called on people across the country to promote tree-planting movement as part of efforts to tackle climate change and global warming.
President Joko “Jokowi” Widodo has called on people across the country to promote tree-planting movement as part of efforts to tackle climate change and global warming. “This tree-planting…

Rabu, 29 November 2023 - 19:56 WIB
Intellectual Property Drives Technological Innovation to Address Climate Change
The Ministry of Foreign Affairs of the Republic of Indonesia and the Permanent Representation of Indonesia (PTRI) to the United Nations, World Trade Organization, and Other International Organizations…

Rabu, 29 November 2023 - 19:50 WIB
The Indonesian Team Outstanding Achievement at the Mining Emergency Response Competition (MERC)
In the Mining Emergency Response Competition (MERC) held at Langley Park, Perth (24-26/11), the INA Garuda Mine Rescue Team achieved remarkable success for Indonesia. The INA Garuda Mine Rescue…

Rabu, 29 November 2023 - 19:45 WIB
Minister of Trade and Deputy Minister of Foreign Affairs Meets Discussed the Progress of the IEU-CEPA Negotiations
Minister of Trade, Zulkifli Hasan received a visit from the Deputy Minister of Foreign Affairs, Pahala Mansury at the Ministry of Trade Office, Jakarta, Wednesday (29 Nov). The meeting discussed…
News Comment