Indonesia is a destination country for investment in property. This is evident from the number of investors from other countries interested in investing in property in this country.

Indonesia is a destination country for investment in property. This is evident from the number of investors from other countries interested in investing in property in this country.

This was stated by Chairman of the Central Board of Real Estate Indonesia (REI) in the opening exhibition Maharso Setyo property REI Expo 2013, Saturday (05/04/2013), in Jakarta.

The exhibition, which lasts until May 12 was attended by about 120 developers that offer various types of properties in approximately 200 locations in Indonesia. According Setyo, in the near future it received visits from many entrepreneurs who are interested in property projects in Indonesia.

"Next week we will be receiving guests from Singapore who want to see real estate projects in Greater Jakarta. Late last month we also have visitors from Australia who saw the condition of the property in Bali," he said.

He added that the property market in Indonesia is in good condition. Stretching Indonesian property industry continues to grow, not only in the Greater Jakarta area, but also outside of Java. In some provinces, such as Riau, South Sumatra, South Sulawesi, and North Sulawesi, well developed industrial property.

"REI exhibition earlier in Pekanbaru generate USD 60 billion, in Palembang turnover nearly USD 90 billion, while in Manado around Rp 195 billion," he said.

Development of the property market in a number of provinces, according Setyo, occurs because rising incomes and the additional population due to migration from other regions. "On average most salable in the provinces it is a house with a price of Rp 200 million to Rp 600 million," he said.