The average price of a condo or apartment strata in Jakarta and the
surrounding region is predicted will not experience significant jump
until the end of 2015.
Property Leads Indonesia predicts the increase will only reach the range of 5 percent to 8 percent. Currently the average price of condominiums in Jakarta and surrounding areas at the level of Rp 22.9 million per square meter.
As for the forecast until the end of 2015, the supply of existing condominiums will reach 155 889 units or surged 20.2 percent compared to the second quarter achievement.While in the second quarter alone the addition of cumulative supply of condominiums as many as 9,100 units which come from several projects, particularly in the area of South Jakarta. This figure increased significantly compared with the previous quarter, causing the level of sales decreased by 2.5 percent.
"Going forward, we predict the level of overall sales will be in the range of 91 percent to 92 percent until the end of 2015," said CEO of Leads Property Indonesia, Hendra Hartono to Kompas.com, Wednesday (07/29/2015).
Tens of thousands of units has not been absorbedModerate growth of condominium true indication has been presented Cushman & Wakefield Indonesia. Research results even showed a decline for the entire activity of sales, pre-sales, as well as the occupancy rate condominiums. This negative performance since the beginning of the year until the end of June 2015.
The decline occurred because the buyers chose to wait for the certainty of the economic conditions, before they buy an apartment unit. Economic conditions, as is known, does not exceed 5 percent. The stock market also dropped 6.7 percent in 4937 per June 23, 2015. Similarly, with the rupiah depreciated 2.2 percent to Rp 13 265 per 1 US Dollar.
As a result, the level of sales of apartments, especially apartments esksisting, slumped 0.1 percent to 97.7 percent in the second quarter of 2015. The occupancy rate also dropped 3.8 percent to 59.9 percent over the first quarter of 2015.
Similarly, with a record pre-sales of apartments upcoming recorded only 63.7 percent or shift 0.5 percent lower than the previous quarter, and leaving 67 804 units which have not been absorbed by the market.
Property Leads Indonesia predicts the increase will only reach the range of 5 percent to 8 percent. Currently the average price of condominiums in Jakarta and surrounding areas at the level of Rp 22.9 million per square meter.
As for the forecast until the end of 2015, the supply of existing condominiums will reach 155 889 units or surged 20.2 percent compared to the second quarter achievement.While in the second quarter alone the addition of cumulative supply of condominiums as many as 9,100 units which come from several projects, particularly in the area of South Jakarta. This figure increased significantly compared with the previous quarter, causing the level of sales decreased by 2.5 percent.
"Going forward, we predict the level of overall sales will be in the range of 91 percent to 92 percent until the end of 2015," said CEO of Leads Property Indonesia, Hendra Hartono to Kompas.com, Wednesday (07/29/2015).
Tens of thousands of units has not been absorbedModerate growth of condominium true indication has been presented Cushman & Wakefield Indonesia. Research results even showed a decline for the entire activity of sales, pre-sales, as well as the occupancy rate condominiums. This negative performance since the beginning of the year until the end of June 2015.
The decline occurred because the buyers chose to wait for the certainty of the economic conditions, before they buy an apartment unit. Economic conditions, as is known, does not exceed 5 percent. The stock market also dropped 6.7 percent in 4937 per June 23, 2015. Similarly, with the rupiah depreciated 2.2 percent to Rp 13 265 per 1 US Dollar.
As a result, the level of sales of apartments, especially apartments esksisting, slumped 0.1 percent to 97.7 percent in the second quarter of 2015. The occupancy rate also dropped 3.8 percent to 59.9 percent over the first quarter of 2015.
Similarly, with a record pre-sales of apartments upcoming recorded only 63.7 percent or shift 0.5 percent lower than the previous quarter, and leaving 67 804 units which have not been absorbed by the market.
