Indonesia Becomes Destination of World Property Investment
Indonesia becomes right destination for investment in world property sector. Housing need in Indonesia was increasing. Indonesia needs almost 1,4 million unit annually. Based on the data, Indonesia is lack of housing need around 8 million unit at this moment.
“Indonesia had not influenced by global economy crisis. This crisis trigger is subprime mortgages case in US,” said President and Chief Executive Officer (CEO) Bakrieland Development Hiramsyah S Thaib in his paper entitled “Indonesia, the Right Property Investment Destination in this ongoing Global Crisis.”
Hiramsyah who was one of speaker on the 25th Pan Pacific Congress in Nusadua on September 27th until 30th mentioned if the subprime mortgages case in 2008 resulted housing price falls. Some people lost their home meanwhile its impact in economy system made some monetary companies stated their bankrupt. Rightnow, world enters their recovery stage meanwhile US government rises their stimulus package like fund supply to bangkrupt company include monetary company. Hiramsyah said when western property got many difficulties in the other side investment of Asia countries especially in property sector improved. This condition caused of their strong basic in economy that makes regional and global investor looking for some alternatives to these countries.
Hiramsyah explained if investment in Asia countries still interests many investor because of their low price and their promising options. He pointed on Hongkong and Singapore properties that still open chances to investor added with their low price. It had predicted if these countries will be smashed with economy crisis that made many foreign investors left them but property sector rised sharply. He said if these numbers show profit of investors who invest their asset in Indonesia properties.
Right now, investor from Japan, India and Singapore interested to buy real estate in Indonesia. Hiramsyah said if economy condition in Indonesia is stable added with the stability of social politic condition, interest rate of Bank Indonesia will decrease that makes credit interest rate of property sector also decrease.
News by BaliPost
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