July 2024

What Is Taxable Object Sales Value in Indonesian Property Business?

In the Indonesian property and real estate market, the Taxable Object Sales Value, known locally as Nilai Jual Objek Pajak (NJOP), plays a critical role. This value is essentially the average price derived from sale/purchase transactions and represents the government's assessed value of a property. Taxable Object Sales Value is not only vital for property transactions, but also serves as a...

How to Fix Discrepancy of Name in Indonesia’s Land Certificate

In Indonesia, when there’s a discrepancy between the name on a land certificate and the name on an individual's identity card, it becomes necessary to obtain a Certificate of Name Discrepancy. This document serves as a crucial step in preventing potential legal complications in the future. Why There’s a Discrepancy in Indonesia’s Land Certificate?    A Certificate of Name...

How to Calculate ROI in Real Estate Investment

In real estate business, Return on Investment (ROI) serves as a compass guiding investors towards the best opportunities. Knowing how to accurately calculate ROI is like having a treasure map that unlocks the gates to maximum profit. This article will be your comprehensive guide to understanding and calculating ROI in property investment, along with safety tips to proceed with...

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