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View all search resultsREI
Markets 9 months ago
PREMIUM
Developers push back against plan to raise landed house tax
Real Estate Indonesia (REI) has suggested that the government address structural issues plaguing high-rise living instead, ranging from unrealistic pricing benchmarks to frequent conflicts in poorly managed apartment communities.
Regulations 10 months ago
PREMIUM
Low earners may ‘lose out’ in expanded housing program
Experts are wary that the new regulation will put more pressure on already struggling low-income communities, as they will have to compete with individuals in the new higher-income brackets to secure affordable housing.
Regulations 1 year ago
PREMIUM
Developers complain over lack of clarity in housing program
Real Estate Indonesia (REI) central board chairman Joko Suranto says a lack of details on the program run by the Public Housing and Settlements Ministry is causing instability in the country’s property market.
Markets 1 year ago
PREMIUM
Developers fear credit histories could slow mortgage applications
The association has blamed P2P loans as one of the prominent causes behind the bad credit history of potential homeowners, citing that 40 percent of mortgage applications were turned down by banks because of this reason.
Regulations 1 year ago
PREMIUM
Developers lobby govt to expand low-cost housing program
REI has asked the government to increase the subsidized housing for this year, given that the market had absorbed 48 percent of the originally allotted 166,000 units to date and supply would likely run out by September.
Markets 2 years ago
PREMIUM
Property incentives seen to drive demand, but maybe less for apartments
Property players have welcomed a new set of government-funded incentives meant to reinvigorate an industry hit first by the pandemic and then by rising interest rates, but whether the sweeteners will help the apartment segment out of the doldrums remains to be seen.
