2015 will be the right moment to discuss the issue of foreign ownership (foreign ownership). Because the integration of markets and the ASEAN Economic Community entered into force.
Lamudi research results, the global property portal, said foreign ownership can increase the interest of international investors. The implication, business and industrial properties will be active and be a catalyst for significant market growth this year.
Lamudi also saw a major trend in 2015 related to foreign ownership of property in the countries of Southeast Asia that will change the constellation of the property market in general. Especially in the Philippines, Indonesia, and Myanmar which prohibits foreigners from buying property.
The Constitution of the three countries do not allow foreigners to buy and own land and property on it. However, Lamudi sure, it will not last long. Because, signaled a change will occur because it is associated with the implementation of the Economic community and the ASEAN Single Market.
Enforcement of the ASEAN Economic Community is expected to increase foreign direct investment or foreign direct investment (FDI) both in the Philippines, Indonesia, and Myanmar. Parliament each country will be forced to change the restrictions on foreign ownership.
Increasing investor interest
Regulations that exempt foreign ownership, is considered very important and vital in order to boost investment in the property sector. Throughout 2014 alone, foreign direct investment in developing countries, reaching a record high and this trend is expected to continue during 2015.
FDI skyrocketing, triggered by the high level of need and uptake over residential properties, houses footprint, and apartment strata (condominium). In Indonesia alone, according to JLL records, for three quarters of 2014, the level of uptake of the apartments is 78 percent of the total 93,000 units of existing condominiums.
The uptake rate of growth, not because Indonesia is experiencing a surge in the number of middle class with high purchasing power that sustained positive economic growth. So that in 2020, according to the Boston Consulting Group study, the middle class and the rich Indonesia is expected to reach more than 140 million people.
The impact of this trend can not be underestimated, as it continues to be felt in 2015. Most people become more affluent, better educated, career-minded and have a higher purchasing power, including the power to buy the property. They will buy the house earlier and more often, which led to an increase in turnover and demand for property.
Lamudi research results, the global property portal, said foreign ownership can increase the interest of international investors. The implication, business and industrial properties will be active and be a catalyst for significant market growth this year.
Lamudi also saw a major trend in 2015 related to foreign ownership of property in the countries of Southeast Asia that will change the constellation of the property market in general. Especially in the Philippines, Indonesia, and Myanmar which prohibits foreigners from buying property.
The Constitution of the three countries do not allow foreigners to buy and own land and property on it. However, Lamudi sure, it will not last long. Because, signaled a change will occur because it is associated with the implementation of the Economic community and the ASEAN Single Market.
Enforcement of the ASEAN Economic Community is expected to increase foreign direct investment or foreign direct investment (FDI) both in the Philippines, Indonesia, and Myanmar. Parliament each country will be forced to change the restrictions on foreign ownership.
Increasing investor interest
Regulations that exempt foreign ownership, is considered very important and vital in order to boost investment in the property sector. Throughout 2014 alone, foreign direct investment in developing countries, reaching a record high and this trend is expected to continue during 2015.
FDI skyrocketing, triggered by the high level of need and uptake over residential properties, houses footprint, and apartment strata (condominium). In Indonesia alone, according to JLL records, for three quarters of 2014, the level of uptake of the apartments is 78 percent of the total 93,000 units of existing condominiums.
The uptake rate of growth, not because Indonesia is experiencing a surge in the number of middle class with high purchasing power that sustained positive economic growth. So that in 2020, according to the Boston Consulting Group study, the middle class and the rich Indonesia is expected to reach more than 140 million people.
The impact of this trend can not be underestimated, as it continues to be felt in 2015. Most people become more affluent, better educated, career-minded and have a higher purchasing power, including the power to buy the property. They will buy the house earlier and more often, which led to an increase in turnover and demand for property.
