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Archives: February, 2009

In 2008, Condominium Markets Relatively Stable

Absorption for the condominium markets in Jakarta at 2008 was relatively stable, in a fourth quarter of 2008 around 1,900 units was transacted and totally almost 9,600 units of condominium were transacted on 2008 year’s.  Property developers and buyers will be carefully to consider their investment decisions due to high interest rates and tighter loan approvals [...]

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