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Economy 3 months ago
PREMIUM
Bali developers pitch double-digit yields as govt tightens property rules
Developers are marketing investment yields of as much as 17 percent, betting that strong tourism demand, remote work and an influx of wealthy foreigners could sustain returns despite a broader slowdown in the country’s overall property market.
Business 4 years ago
PREMIUM
Jakarta property sector under pressure from COVID measures: Colliers International
Occupancy rates for offices, shopping centers and serviced apartments have declined after the government tightened mobility restrictions in the third quarter of this year in response to a spike in virus cases.
Business 5 years ago
PREMIUM
Downward occupancy trend in commercial spaces in Indonesia to sustain in 2021
The downward trend in the occupancy rate of commercial property is expected to continue this year in Jakarta and Surabaya, even as new real estate is set to open in the two cities to add to the supply glut.
Business 6 years ago
Residential property sales, prices rise cool as pandemic hits economy
A recent survey by Bank Indonesia (BI) revealed that the combined sales of small, medium and large houses fell by 43.19 percent year-on-year (yoy) in the first three months of the year, largely because of the unfolding COVID-19 pandemic.
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