House Price Increase in Manado Reaches 18%
By : Ahmad Fadli And Aldi Firhand. A | Tuesday, May 29 2018 - 19:12 IWST

Residence Illustration
INDUSTRY.co.id - Jakarta - Potential property in Manado increasingly stretched, the capital of the province of North Sulawesi is now one of the cities coveted property investors.
Based on Lamudi data, during the year 2017, the increase in house prices in Manado became one of the highest. Recorded price reached 18% per year for middle and large home segment.
According to Mart Polman, Managing Director of Lamudi Indonesia, North Sulawesi, especially Manado has huge potential for property business, as economic growth is above the national average and its security is relatively stable.
"Not only that, there are also many tourist attractions, so it can attract many tourists to the city of Manado," said Mart.
Mart also said that the rampant factor of infrastructure development is also key to the development of property business in Manado. According to him, nowadays in Manado, there are many transportation facilities such as Manado-Bitung toll road, Manado-Bitung railway, Bitung port revitalization and expansion of Sam Ratulangi international airport.
Seeing the opportunities that exist, so no wonder many large developers who build a variety of property projects in Manado. Examples such as Citra Land Manado which sells a house unit at a price of Rp 750 million then there is also PT Wika Realty who builds Tamansari Metropolitan Residence on Jalan Ring Road II, Mapanget, Manado. One house unit there sold for Rp 900 million.
Then there is PT AKR Land Development building Kawanua Emerald City, which is a township area of A.A Maramis Street, Kairagi Dua, Mapanget, Manado. One unit of the house there sold starting from Rp 500 million.
Read Also
PropertyGuru Beats Prospectus Forecast In 2019 and Delivers 24% Revenue…
2019 Ponemon Study on Automation and Cybersecurity Staffing in Asia…
Adhi Commuter Property Working on the LRT Market
The Concrete and Construction Industry Exhibition in Southeast Asia…
Moving Property Industry, Waskita Karya Realty Explores Bali
Today's Industry

Selasa, 20 April 2021 - 21:00 WIB
Vaccination Can Rebuild Creative Economy: Tourism Minister
Minister of Tourism and Creative Economy Sandiaga Uno has expressed optimism that vaccination program for creative economy actors will boost productivity and rebuild creative economy sector.

Selasa, 20 April 2021 - 20:40 WIB
Health Minister: Stay Vigilant, Disciplined in Observing Health Protocols
Minister of Health Budi Gunadi Sadikin Monday (19/04) inspected vaccination for artists and cultural practitioners at the Indonesia National Gallery in Central Jakarta along with President Joko…

Selasa, 20 April 2021 - 20:05 WIB
Gov’t to Boost Community Economy through Religious Festivity Allowance, Social Protection
The Government has announced that it will continue to maintain the balance of COVID-19 handling and national economic recovery, including during the holy month of Ramadan and Eid Al-Fitr 1442…

Selasa, 20 April 2021 - 19:55 WIB
Despite Vaccination, Stay Disciplined in Observing Health Protocols: Health Minister
Indonesia can learn from India on why the number of COVID-19 cases is rising despite successful vaccination there, according to Minister of Health Budi G. Sadikin.

Selasa, 20 April 2021 - 19:15 WIB
Gov’t Extends Micro-Scale Restrictions to 3 May
The activity restrictions (PPKM) and micro-based activity restrictions (PPKM Mikro) policies that have been implemented since last January have been effective in controlling the spread of COVID-19,…
News Comment