Oversupply causes property bad credit
Property credit growth in 2008 will certainly hike along with credit growth in the banking sector that is estimated at Rp210 trillion. Regardless of whether bank credit growth can be boosted up to 33% –so far it has recorded 24 percent only – financing in the property sector, mainly in landed houses and low-middle class apartments, will certainly remain active. The one thing that requires serious attention is property oversupply that will no doubt cause bad credits. Read more
A year of hope for property
As the economy of Indonesia still depends on bank loans, the robust bank lending can help economy to expand. Bankers are optimistic that bank loan outstanding will grow at least 25 percent compared to only about 22 percent last year, that will help the economy to expand 6,4-6,8 percent. This optimism is based on the prediction that Bank Indonesia’s benchmark interest rate (BI rate) will continue to drop from its current level of 8 percent to around 7 percent. The down trend of BI rate will give banks more room to cut their lending rates. Read more
Property market picks up in 2008 but still slowing down
Many factors will hinder the Indonesian property market from growing at full speed. Added to them will be next year’s general election. Although their impacts will not be significant, the factors could cause property market slow down, although on the whole it is could be a little better than last year. In order to know more about the factors and the sub-sectors that will slow down, Deddy H. Pakpahan of Asian Property Investment interviewed Anton Sitorus, who heads the Research Division of PT Jones LangLaSalle. Below are excerpts of the interview. Read more
Wriggles and Enchantment of Shanghai Property Business
In July 2006, the Chinese government issued a regulation on foreign owner-ship of property in that country, including Shanghai. The new rule, however, did not discourage investors from hunting for property in the so- called Asia’s “New York”. Even, in 2007, foreign investments in Shanghai’s pro-perty sector rose to US$2 billion. What were the real factors behind all this? Read more
Property Outlook for 2008 & Emerging Trends in Malaysian Real Estate
A One Day Intensive Conference “Property Outlook for 2008 and Emerging Trends in Real Estate”, will be conducted by a distinguished panel of speakers. Covering the various development taking place and challenges faced in the real estate industry, this event is definitely not to be missed! Read more
International Property Show Dubai 2008
With the ongoing boom in the regional real estate & property market, Dubai continues to be a world-class platform which is an important venue for property and real estate exhibitions. Investors from across the globe consider Dubai as a lucrative choice for high-stakes ventures and prime location for rewarding business opportunities. Read more
