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Saturday, May 4, 2013

Property sector turmoil not only happen in Java, Jabodetabek area in particular, is also evenly distributed all over Indonesia.

Balikpapan city map


Property sector turmoil not only happen in Java, Jabodetabek area in particular, is also evenly distributed all over Indonesia. In fact, both towns (second-tier) began to "overtake" the main city of progress in some areas. In Ambon, Maluku, who presume developer Ciputra and Lippo classmates already have a portfolio? Interesting to observe how much the property is actually a market outside Java this?


Income levels rise beyond Java. Market profile that is able to buy a property for growing a half billion. Trigger is due to the rapid advancement of the state of the industry, commodity trading and mining.
- Setyo Maharso

DPP Chairman REI Setyo Maharso recognized the potential in the property market, unusually large. Not to say astounding. Property prices are relatively high. Even so, the market can still absorb the supply-supply of properties worth more than Rp 500 million per unit. Because, almost the entire supply of properties, especially residential, is pegged at Rp 500 million and above. For example in Balikpapan, housing developed Ciputra Group, Citra Bukit Indah, already hit over USD 1.5 billion.

"The level of income of the people outside of Java has increased. Market profile that is able to buy a property for half a billion growing in number. Triggers a state is not simply a matter of increasing income but migration due to the rapid advancement of the industry, commodity trading and mining," said Setyo to KOMPAS.com in Jakarta, Saturday (05/04/2013).

The migration of the population to form the number reaches a certain level. In other words, an increasing number of people are not solely due to the birth rate, but also jobs. This should go hand in hand with an increase in the level of welfare. Because of the level of welfare of the people outside of Java increased, the government should support the consistent property growth in the area.

There are also areas outside Java, which is a very active property market Riau, South Sumatra, South Sulawesi, a little in Medan, Banjarmasin, Balikpapan, Samarinda, Surabaya, Semarang and thin sales. In those cities, the number of dwelling supply can not optimally meet the needs (demand). Meanwhile, the phenomenon of migration not only in the form of population displacement, displacement also "lifestyle". Of course, stretching the "lifestyle" must also be accommodated properly. To develop facilities such as shopping centers, commercial space or a meeting point.

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