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View all search resultsproperty-sector
Opinion 5 years ago
PREMIUM
PBB relief: A lifeline for retail, hotel and restaurant workers
Commercial properties such as hotels, exhibition halls and malls are battered. These are businesses with high fixed costs, made worse by the COVID-19 protocols. Even without visitors and activities, these properties still have to perform basic services and maintenance.
Business 5 years ago
No more Gangnam style for some as top officials sell apartments amid property furor
As Seoul property prices soar, there's a new apartment on sale this month: for the best part of an estimated $1 million, you could buy a piece of future Gangnam glitz from reluctant seller Noh Young-min - the chief of staff of President Moon Jae-in.
Business 5 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.
Business 6 years ago
PREMIUM
Property developers express concern over ‘thinning’ housing loan subsidy
Property developers are lobbying the government and House of Representatives over what they call “thinning” funds allocated to the government’s subsidized housing program, which has become a key growth driver in the sector.
Opinion 6 years ago
Too dense: An excuse for Jakarta's inaction!
Ironically, an estimated 60 percent of Jakarta's civil servants are unable to afford to live in the city they serve. They cannot even vote for the governor for which they work. They are pushed, as with countless others, by market forces to live on the fringes: Bogor, Depok and Bekasi in West Java and Tangerang in Banten. This results in a disastrous urban sprawl that gobbles up otherwise productive agricultural land and energy-draining commutes.
