Indonesia’s Favored Destinations for Foreign Residents and Property Owners
The Ministry of Public Works and Public Housing (PUPR) has recently unveiled an interesting trend in Indonesia regarding the preferred regions among foreign nationals...
Due to Paylater, Young People in Indonesia Face Difficulty in Owning...
Young people in Indonesia are often said to have difficulty or are unable to own a house. This issue has even garnered attention from...
Striving for Public Welfare, Ministry of PUPR Endeavors to Reduce Housing...
Indonesia is fervently pursuing its visionary objective of uplifting the well-being of its populace by the year 2045. Central to this endeavor is the...
Apartment Living Still Not Popular Among Indonesian Society
The real estate market for apartment in Indonesia is facing a lukewarm response compared to neighboring countries, particularly Singapore. The Indonesian society is still...
Residential Property Market Thrives: Surging Demand for Medium and High-End Homes
The residential property market in Indonesia, specifically the segment of landed houses, is currently experiencing a remarkable upswing, with a notable surge in market...
Co-Residence: A Growing Trend in Jakarta’s Housing Market
The popularity of co-residence, also known as co-housing or collaborative housing, is on the rise in DKI Jakarta, Indonesia. This urban community-driven initiative is...
Long-Awaited by Developers, Subsidized House Prices Officially Increase in 2023-2024
Minister of Public Works and Housing (PUPR), Basuki Hadimuljono, has finally introduced long-awaited new regulations concerning the adjustment of selling prices for subsidized house,...
Promising Recovery: Hotel Occupancy Rates Expected to Surpass 2019 Levels
The projected hotel room occupancy rate, or hotel occupancy rate, for the upcoming extended school holidays in June-July is expected to equal or even...
Government Raises Price Threshold for Affordable Housing and VAT Exemption
The Government Increases the Price Threshold for Affordable Housing for Low-Income Individuals. This measure is outlined in Minister of Finance Regulation No. 60/2023.
The policy...
KCJB and LRT Projects Expected to Boost Property Market in Jakarta...
The upcoming Jakarta-Bandung High-Speed Rail (KCJB) project and the Jabodetabek LRT (Light Rail Transit) system are anticipated to have a significant impact on the...
