Survey, Property Purchase Increase Despite Purchase Power Down

By : Ahmad Fadli And Aldi Firhand. A | Monday, August 28 2017 - 15:15 IWST

Country General Manager, Ignatius Untung (Foto Ridwan)
Country General Manager, Ignatius Untung (Foto Ridwan) - Jakarta - Although there is a tendency to weaken the purchasing power of the public, but it did not affect the property market. The secondary property market is still considered to enjoy growth during the first semester of 2017. The increase in secondhand transaction is reflected in the transaction record at

Country General Manager of, Ignatius Untung said, there is a lack of news that mentions the purchasing power of the people down with data owned which recorded a growth in property sales. "This is reflected in the increase in house search on our site good, new product listings and quantities sold," said Untung, last weekend.

Search trends on website in the first half of 2017 increased 48.3% in the same period last year. Meanwhile, if you look at the performance of the second half of 2016 search on this site on an increase of 64.95%.

Data shows that searches in Bintaro, Kelapa Gading and Bumi Serpong Damai (BSD) make these three areas a favorite area. As for the non-Jabodetabek area, namely Antapani Bandung, Citraland Surabaya and Dago still superior.

Not only from searching, mortgage submission also looks increasing with the trend is also interesting. The mortgage application is dominated by the age of 30-39 years. Approximately 46.8% of mortgage applicants are in the age range, of which 16.47% of them earn Rp 5 million-Rp 9 million per month.

With the average income, the most targeted credit ceiling maximum 250 million. The next position is still occupied by consumers in the same age range but has an income of Rp 10 million-Rp 19 million. The credit ceiling targeted by this group is Rp 250 million-Rp 500 million.

Interestingly, there is a trend that makes a large income investing in middle-class properties. At least 5.72% of consumers who earn above Rp 50 million per month also apply for credit with a maximum ceiling of Rp 250 million. "There is anomaly in the salaried segment of Rp 50 million and above" said Untung.

The identification of an increase in property transactions is also seen from sold listings. The average growth of sold list per month for rental and selling properties since the second half of 2016 until the first half of 2017 reached 7.4%. Especially for property selling, the average growth of 6.6%. So what's wrong with purchasing power?

News Comment

Today's Industry

Rock melon Australia (Foto Dok

Selasa, 20 Maret 2018 - 23:00 WIB

Government Determined to Protect Farmers from Importing Dangerous Viruses

Jakarta - The government is committed to protecting farmers in the country from the entry of dangerous commodities such as dangerous seeds for the agricultural sector of the archipelago.

Dakwah da'i internasional Syeikh Yusuf Estes asal Texas AS (Foto Dok

Selasa, 20 Maret 2018 - 22:00 WIB

Yusuf Estes Breaks the Stigma of Terrorist Islam

Shaykh Yusuf Estes who gave a speech in Surabaya revealed that he initially thought negative about Islam.

Citilink (ist)

Selasa, 20 Maret 2018 - 21:13 WIB

Citilink Facilitates Instant Passenger Travel Insurance Claims

Citilink Indonesia provides additional travel insurance services called "Super Shield" which can be claimed directly / instantly to provide protection for passengers.

Menhub Budi Karya Sumadi (

Selasa, 20 Maret 2018 - 21:00 WIB

Overcome Congestion, Minister of Transportation Suggest Holiday Early, Do You Agree?

Minister of Transportation Budi Karya Sumadi proposed that the leave with Lebaran 2018 can be advanced earlier to reduce the potential congestion that often occurs in the momentum.

Citilink (ist)

Selasa, 20 Maret 2018 - 20:55 WIB

Strengthen the Logistics Sector, Citilink Add Three Domestic Routes

Citilink Indonesia will soon open three new routes for logistics for domestic airlines in the near future, namely Makassar, Denpasar and Solo destinations.