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Government stops operation of two unlicensed property brokers
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The Trade Ministry marked the Chika Property office in Kelapa Gading, North Jakarta with yellow-tape on Wednesday when the ministry stopped the operation of the real estate broker as the management failed to show the business license. (JP/ami)
T
he Trade Ministry has stopped the operation of two property brokers -- Chika Property and ERA Peak – as the managements failed to show their business licenses.
Trade Ministry trade compliance director Veri Anggriono said in Jakarta on Wednesday that the ministry found that the two businesses had not obtained licenses.
“We are protecting customers by requiring that businesses operate in accordance with the existing regulations,” Veri told reporters, adding that Trade Ministerial Regulation No. 51/M-DAG/PER/72017 required property brokers to obtain business licenses.
He stressed that the two property brokers were prohibited from operating until they obtained valid licenses.
“If within two to three days they can show their business licenses, they can resume their operation,” Veri said, adding that if they continued to operate without a license, they may face criminal charges.
Robert Kaonang of Chika Property said that his company had been trying to obtain the business license because the Indonesian Real Estate and Broker Association (Arebi) had warned him to do so.
“There should have been a notice about this raid. I will discuss with the association (Arebi) first,” Robert said. Meanwhile, ERA Peak declined to comment on the issue when The Jakarta Post contacted the property broker on Wednesday. (ami/bbn)
