Business

Indonesia Plans to Cut Property Taxes to Spur Growth Amid Economic Slowdown

Indonesia's economic growth in the third quarter of 2024 slowed to just 4.95 percent, falling below the 5 percent mark. This slowdown is primarily attributed to a decline in consumer spending, a key driver of economic growth.  However, there is a silver lining as the government has introduced measures to stimulate consumption. One such measure is the extension of tax breaks for home purchases...

Asia-Pacific Real Estate Market Sees Strong Growth of Investment

Commercial real estate investment in the Asia-Pacific region saw a 28% year-over-year (YoY) increase in Q3 2024, reaching USD 38.8 billion (equivalent to approximately IDR 609.83 trillion at an exchange rate of IDR 15,717). This represents the highest quarterly investment volume since the 2022 rate-hike cycle and marks four consecutive quarters of growth in the region. According to global property...

Bright Future for Indonesia’s Property Sector in 2025

Indonesia's property sector continues to flourish, particularly in the Greater Jakarta areas of Bekasi and Jababeka. As transportation facilities connecting the Jabodetabek region improve, both residential and commercial property developments are surging in demand.   Developers are capitalizing on this growth to meet the needs of both direct consumers and investors, with expectations for...

What Bali’s Moratorium Means for Future Investments

Bali's reputation as a top tourist spot has led to a huge focus on investments in tourism, especially in hotels and villas. But recently, a moratorium on building new hotels and villas is shaking things up and opening doors for more sustainable and diverse growth on the island.  Sure, there are worries about the economic impact, but this break in tourism development comes with big benefits for...

Jakarta Property Market Shows Resilience in 2024

With a new era of government leadership, Indonesia’s property market is set for a fresh wave of growth and optimism. Despite ongoing global uncertainties and lingering effects of the pandemic, Indonesia’s property sector continues to be robust and a hotspot for foreign investors. Property Sector’s Contribution to Indonesia Economy Industry experts are confident that the property sector...

Why Choosing the Right Property Agency is Key to Invest in Bali

Foreigners looking to invest in Bali’s real estate market quickly realize that purchasing property here is unlike any other part of Indonesia. Learn how expert agencies can help you find the perfect investment while avoiding legal and seasonal challenges.  Why Bali’s Real Estate Market is Different   Thinking of buying property in Bali? First thing first, what you need to keep in...

Property Maintenance Costs for Villas and Guest Houses in Bali 

Owning a villa or guest house in Bali can be a lucrative investment, but it comes with its share of responsibilities, especially when it comes to property maintenance. Understanding the costs associated with maintaining your property and implementing effective strategies to manage these expenses can help you maximize your revenue. Let's dig into the various maintenance costs you may encounter...

Navigating Land Disputes in Bali: How to Protect Your Property Investments

The post-COVID-19 surge in international tourism to Bali has brought some unintended consequences. Bali, often known as the Island of the Gods, has evolved beyond a tourist destination to become a significant investment hub for foreign entrepreneurs. High occupancy rates in accommodations like hotels and villas have driven up demand in Bali’s property and real estate markets. While Bali’s...

Bali’s Development Dilemma: Is a Moratorium the Solution?

Recent headlines have sparked debate about the possibility of a development moratorium in Bali, either partial or full. Key figures like Coordinating Minister Luhut Pandjaitan, Minister of Tourism Sandiaga Uno, and Bali’s interim governor have all weighed in, as have hoteliers, estate agents, developers, and observers of Bali’s tourism industry. But is a moratorium the right way forward? Is...

Prabowo’s New Ministry of Housing and What It Means for Property Market 

The change of administration in a country always brings new hopes for something better. No exception for the winners of the 2024 Indonesia presidential election, Prabowo Subianto and Gibran Rakabuming. Prabowo, who will be inaugurated as the new President of Indonesia on October 20, plans to establish a Ministry of Housing. What are his plans?   Tackling Housing Backlog  During...

Compare listings

Compare