Tag: property
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...
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...
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...
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...
Consumer Sentiment Study Shows Decline in Indonesia’s Property Market
Indonesian consumer sentiment towards the national property market is experiencing a decline due to the instability of the global economy which is beginning to...
Jakarta Attracting Ultra High Net Worth Individuals for Luxury Property Investments
Jakarta and its surrounding areas have become a popular destination for affluent foreigners, particularly those from South Korea and Australia, who are seeking to...
Retail Space Rental Business Expected to Recover in 2023
The business of retail space rental is expected to recover throughout 2023, driven by several factors, including the relaxation of mobility restrictions after the...
3 New Malls to Open in Jakarta as Retail Sector Recovers...
Three new malls or shopping centers in Jakarta are set to open this year, reflecting the recovery of occupancy rates in the retail sector...
