Since the beginning of this year, the real estate sectors in Jakarta and Bali have shown diverse trends. The international commercial real estate agency, Colliers, has recently released its latest report on the developments in Jakarta’s office, apartment, expatriate housing, retail, and hotel sectors, as well as Bali’s evolving hospitality scene. This report, available on Colliers' official website as of July 9, 2024, provides insights into how these markets are adapting to economic shifts and evolving consumer preferences.
2024 is shaping up to be a dynamic year for the Indonesian property industry. While the residential property market is showing relative stability, with the composite-16 property price index rising only 1.74% throughout 2023, the expat property sector is experiencing a gradual uptick in early 2024 […]
Owning an apartment is a popular housing choice nowadays. However, before purchasing one, it's important to understand the differences between the Strata Title Certificate for Apartment Units (SHMSRS) and the Building Ownership Certificate (SKGB).
For many Indonesians, owning property is a significant investment in life. Whether it's a residential house, apartment, or land, property can be a source of financial security and future stability.
Finding the ideal home in South Jakarta, a vibrant and glamorous metropolitan area, can be an adventure. For those who are not ready to make a long-term commitment, have high mobility, or want to try living in various locations, it is better to rent a property in Jakarta than to buy. Renting offers flexibility and convenience, allowing you to relocate with ease [...].
Purchasing property in Indonesia with PT PMA, is it possible? A PMA, or Foreign Investment Company, is a form of legal entity that can be used by foreign investors to own a company in Indonesia. In addition to its corporate function, PT PMA is also said to be the safest way for foreigners to own property in Indonesia. PT PMA allows foreign companies to [...]
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