The interest rate down, Very Property Price Rise

The global financial CRISIS make some people put the brakes on the purchase of the needs that are not too urgent, including apartments. Even so, research Colliers International Indonesia, entitled "The Knowledge Report" shows that the price of apartments in the Jakarta area is relatively stable.

However, it is in the II quarter of this year there was little increase in price. The increase in the highest place in the apartment located in South Jakarta area, which is Rp 200,000 per square meter (m2), or about 2.1 percent. Meanwhile, apartment prices in the CBD area rose only 0.8 percent.

Because of slowing sales, Manager Research Services Division of Colliers Salanto Indonesia Ferry said, the developers competing to provide attractive incentives to consumers. For example, when a longer installments and discounts up to 40 percent for the purchase of hard cash.

"The effort is quite powerful boost demand," he said.

Property analyst Panangian Simanungkalit said, price promotions do not yet how developers. According to him, the developer would be even crazier jorjoran, both old and new projects, to attract buyers in the fourth quarter later.

"Now they are still waiting for the property boom," he said.

The reason, in the fourth quarter of this year the people's purchasing power is getting better. When it Panangian estimates, consumers will be busy-busy buying an apartment, whether for investment or residential.

Apartment project that was completed in Quarter II-2009:
Apartment Location
Grand Surya Pegadungan, East Jakarta
Maple Park Tower A Kemayoran, Jakarta Pusat
Regatta (Miami, Montecarlo & Rio de Janeiro) Pearl Beach North Jakarta
Sahid Sudirman Residence Sudirman, CBD
Thamrin Residence (Tower C, D, and E) Thamrin, CBD

Apartment Project of Gliding
Apartment Location
Belmont Residence Meruya, West Jakarta
City of Casa Grande at Kasablanka Casablanca, CBD
Denpasar Residence - Ubud Tower Satrio, South Jakarta
Green Palace at_Kalibata City Kalibata, South Jakarta
Kemang Village - Infinity Tower Kemang, South Jakarta
Latumenten Latumenten Tower, Jakarta Barat
Royal Mediterranean Garden-Lavender Tower Slipi, West Jakarta
Executive Residence Thamrin Thamrin, CBD