Tag: property
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...
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...
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...
