Increasing Interest Down, Up the Property Price

sapto — Fri, 20 Nov 2009 14:14:48 +0000

The global financial crisis make some people put the brakes on the purchase of the needs that are not too urgent, including apartments. Even so, research Colliers International Indonesia, entitled The Knowledge Report, shows the price of apartments in the Jakarta area is relatively stable.

Only, indeed, in the II quarter of this year there was little increase in price. The increase in the highest place inthe apartment located in South Jakarta area, which is IDR 200.000 per meter or approximately 2.1%. Selling prices were flat in the SBD area rose just 0.8%.

Because of slowing sales, Manager Research Services Division of Colliers Salanto Indonesia Feri said, the developers competing to provide attractives to consumers. For example, when a longer repayment and up to 40% discount for the purchase of hard cash. The effort is quite powerful boost demand, he said.

Property watchers say Panangian Simanungkalit, price promotions do not yet how much the developer. According to him, the developer would jor-fishing even crazier, both old and new projects, to attract buyers in the fourth quarter later. Now they are still waiting for the property boom, he said.

The reason, in the fourth quarter of this year the people’s purchasing power is getting better. When it Panangian estimates, consumers will be busy buying apartment, either for investment or residential.

But Ciputra Group Director Aaron Hajadi assume that it is now the right time apartment shopping. Moreover, the interest banks began to fall. In the property world applicable proverb the more proverb.

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Increasing Interest Down, Up the Property Price