Government’s Property Incentives Face Hurdles as Buyers Adopt Cautious Approach
Despite the government's efforts to stimulate property sales through the issuance of VAT exemption incentives, the real estate market in Indonesia still faces challenges....
IKN, the Second Most Prospective City for Property in 2023
The New Capital City (IKN) is still under construction. However, out of several metropolitan cities in Indonesia, IKN is the second most prospective city...
Jokowi Reveals Government’s Strategy to Provide Housing for Millennials
Currently, there are 81 million productive millennials in Indonesia who have not yet been able to own a home or acquire housing facilities. In...
These Giant Indonesia’s Projects Will Be Completed in 2024
The Indonesian government continues to speed up several giant projects spread throughout Indonesia, especially in Java. Reportedly, the value of these projects reaches trillions...
Jakarta Introduces Affordable Housing Program to Address Housing Backlog
The Jakarta Provincial Government is taking steps to tackle the housing backlog in the Jakarta area by introducing the Affordable Housing Program. This initiative...
Owning a House Is Getting More Difficult, Renting Is an Option?
Indonesian people are predicted to find it increasingly difficult to have their own homes. This is due to an increase in the benchmark interest...
Check These Indonesia Property Watch 2021 Awardees before Purchasing Your Future...
Indonesia Property Watch (IPW) together with 99 Group, which oversees 99.com and Rumah123.com, Held Golden Property Watch 2021 on Thursday (21/10/2021). Citing from Bisnis,...
Singapore Raises Property Taxes for Foreign Buyers to Curb Rising Housing...
Singapore, one of Indonesia's neighboring countries, has recently announced a tax hike on personal property purchases, including an increase in stamp duty rates for...
Government and Private Joint Venture to Work on 58 Infrastructure Projects
A total of 58 transportation infrastructure projects in Indonesia will be financed with joint funds between state funds as well as funding from private...
The One Million Houses Program for 2022 Has Reached the Target
The government's One Million Houses (PSR) 2022 program has reached its target. The PSR achievement as of November 2022 has touched 1.05 million housing...
