Property Search in South Tangerang Grows 3.51% Due to Hybrid Work Trend

property market
property market

One of the satellite cities of DKI Jakarta, South Tangerang, recorded good property growth of up to 3.51%. This growth arises as a result of the hybrid work trend. It encourages workers to look for properties that are slightly away from urban areas.

This figure was confirmed by Commercial Director Yoga Priyautama. He reported that property search trends in South Tangerang (Tangsel) grew by 3.51 percent in the first semester of 2022.

“The increasing number of searches is motivated by the prolonged hybrid work scheme adopted by various companies which have provided an opportunity for property seekers to own a house that is located further from the office center,” said Yoga, Tuesday (11/10/2022).

The hybrid work scheme also encourages property seekers to prioritize the comfort of their homes and the quality of life in their surroundings.

Not only that, the search for property in South Tangerang is also driven by the increase in house prices in the city of Jakarta so property seekers choose alternative housing in satellite cities. Moreover, South Tangerang is now supported by various adequate infrastructures.

Furthermore, his party noted that the average house price in South Tangerang is more affordable, at IDR 2.2 billion compared to the lowest average price in Jakarta of IDR 2.4 billion.

One of the housing estates in South Tangerang with prices in the range of Rp. 1.1 billion – Rp. 1.7 billion, for example, the Yamala Haus housing by developer Genesis Indojaya. Property prices in the area are even below the average housing in South Tangerang.

Marketing Manager of Genesis Indojaya Hengky is optimistic that the potential in the Banten area, especially South Tangerang, is very attractive, especially with the presence of increasingly capable infrastructure. In this case, it targets millennial consumers to absorb their products.

Yamala Haus is a housing estate that carries a modern minimalist concept. This project presents nine types of houses with prices ranging from Rp. 1 billion to Rp. 1.7 billion.

This housing has adequate security facilities such as CCTV on site and other supporting facilities such as a playground for children.

In addition, other supporting facilities, namely accessibility with a distance of only 6.5 km from the BSD City Terrace, 5 km from the BSD Proclamation Hospital, and 2.7 km from the Serpong Toll Road.