In 2008, Condominium Markets Relatively Stable
— yulyanto
closeAuthor: yulyanto
Name: Yulyanto
Site: http://www.yulyanto.com
About: I was born on July, 16th of 1979, after graduate from Senior High School on 1996, I was continued my study at University of Persada Indonesia YAI (Jakarta) on 2002, majoring in Bachelor of Accounting and then continue my study in the same institution, success to get Master of Management especially Finance Management on 2005. After finish my first Master degree in Management, I’ve got the second Master of Law at University of Indonesia (Jakarta), especially in Economics Law on 2007 by Office’s Scholarship.
I have been working at PT Sanwell Austindo-Jakarta (www.austindocorporation.com), my last position as a Finance Manager, and then start on May 2007 I have been moving as a Marketing Manager, but until now I am still responsible as an Internal Control Manager at PT Austindo Perdana- Bali (Austindo Groups).
In my spare time, usually I am always reading and writing something. Until now, I have been contributed my opinion by some media, like’s science journal, articles, blogs and also in my personal website too (www.yulyanto.com).
Someday, I hope that my written will be useful for anything all in the world ………..............................…See Authors Posts (285) • February 2nd, 2009
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 in the global financial crisis at now.
To survive from the crisis, some developers will start to offer the flexible payment terms, such as longer installment/ balloon payment terms, resizing their units, and also offering special packages such as rental guarantees.
The other solution, government regulation is also needed to support an easier of foreign property ownership and it will be a good stimulator to push the condominium markets in here.
With the deepening global financial crisis it is anticipated most property sectors will be impacted despite the government’s actions to prevent this.
Topic: Business, Economic Growth, Government, Industry, Invesment, News
Tags: Condominium, property
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