• Indonesia's real estate sector can become a leading investment destination in the global marketplace

    Currently, Indonesia has all the chances to reach and surpass economic giants such as Germany and the United Kingdom. At least some forecasts suggest the reality of such developments by the middle of the century. The world has already witnessed various forms of "economic miracles" that brought developing countries to the forefront of the global...

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  • Jakarta's office property supplies to increase, but rental rates to continue gradual decline

    Jakarta's office property market is demonstrating robust growth indicators with steady demand set to continue, and the supply of new properties is on the rise. However, this will likely result in a sustained trend of marginal decreases in office rental rates over the next 12 months. Demand is primarily driven by two sources: the burgeoning tech...

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  • Indonesia starts issuing Golden visas in 2023

    According to Luhut Binsar Panjaitan, Coordinating Minister for Maritime Affairs and Investments, a Golden visa for large foreign investors will be launched before the end of the third quarter of 2023. Companies planning to apply for a golden visa have to invest at least $50 million in the country's economy. For individuals, the investment value of...

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  • Bali: the secrets of the attractiveness of local real estate for investors

    Until 2020, the island of Bali actively flourished thanks to tourists. Then the pandemic began, the borders were closed, the flow of holidaymakers dried up. The stagnation of the tourism sector, which brings 80% of the total income in Bali, has dealt a blow to the local economy. Property rentals stood idle, and the construction of new projects was...

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  • Bali continues to attract foreign investors

    The countries of Southeast Asia are gradually becoming leaders in demand for local real estate among foreign investors. Since the escalation of the geopolitical situation in the world, an increased interest in housing in Indonesia has appeared among nationals the CIS countries. Bali remains the most sought-after location, a resort destination...

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  • Jakarta becomes the leader in the number of real estate planned for handover

    According to a report by the international consulting company Colliers, as of the end of 2022, the total apartments available for sale in Jakarta reached 220,451 units, while most of the units planned for handover were not completed. It was planned that 5,936 housing units would be handed over in 2022. Most of the projects did not meet the...

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  • Housing shortage in large cities in Indonesia reaches 79%

    In urban areas of the country, 79% of home buyers complain about the lack of real estate. Indonesia is facing a shortage of housing stock and a significant gap between the number of houses built and the demand. The real estate market remains stable despite relatively high mortgage rates, reaching 5.5%. Foreign buyers are as active in choosing a...

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