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...
Jakarta’s Hotel Industry Set to Flourish with the Arrival of Seven...
The government's recent decision to relax restrictions on community activities has had a notable impact on various business sectors, one of which is the...
Indonesia Seizes Opportunity as Singapore Doubles Property Tax, Attracting Foreign Investors
Singapore's recent decision to double the additional buyer's stamp duty (ABSD) by 60 percent on property purchases by foreigners has the potential to stimulate...
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...
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...
Kemayoran: The Potential Smart City in Jakarta
The Kemayoran area in Central Jakarta, which is touted as a smart city, has the potential to become a metropolitan city with attractions as...
The Property Sector Plays a Significant Role in Reducing Poverty in...
The absorption of employment opportunities in the property sector is said to have a significant role in preventing poverty in Indonesia. According to a...
Office Occupancy in Jakarta’s CBD Experiences a Slight Decline in Q1...
The occupancy rate of offices, particularly in the central business district (CBD), has experienced a slight decline in the first quarter of 2023. This...
Oversupply of Office Space in Jakarta Expected Until 2025
The post-pandemic economic recovery has resulted in an oversupply of office space, exacerbated by an increase in demand. As a result, property managers have...
