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Indonesian Property Bubble Tale

Category: Real estate, Posted:17 Nov 2013 | 06:00 am

One of the key real estate talking points In South East Asia's largest economy Indonesia this year has centered on the possibility of a property bubble.
With depreciating currency, high inflation and downward pressure on natural resources the county has been able to sustain a degree of economic growth.
While mortgage rates are well into double-digit numbers, the rising middle class has been able to supply a steady supply of buyers.
Much of the sales traction is taking place outside of Jakarta in other key Indonesian cities.
As we move towards the end of 2013 it appears that all the talk about a bubble remains exactly that – talk.

Other News

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Manic Monday. No Rain, No Rainbows

Category: Tourism, Posted:20 Sep 2021 | 14:24 pm Rainy days and Mondays are no reason to get down. We have three new Thai Road Trip episodes from C9 Hotelworks and our friends at Delivering Asia Communications for you. Have a seat, throw the umbrella out the window and take a look now. INSIDE STORY Bill Heinecke’s Phuket Resort Home Phuket Hotel Insight – […]
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After The Sandbox – Phuket Hotels Ask What’s Next?

Category: Hotels, Posted:16 Sep 2021 | 09:37 am The resort island of Phuket’s proof of concept Sandbox advantage looks to dramatically change come October. Since the first of July island hotels have experienced considerably higher occupancy levels and much-needed revenue from international arrivals. This has been Sandbox generated, and travelers, not necessarily tourists. Bangkokians fleeing the red zone situation have also aided in […]
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Remembering Florian Hallermann

Category: Hotels, Posted:16 Sep 2021 | 08:56 am We’d like to take a moment to remember Zeavola General Manager Florian Hallermann. Florian tragically died in a hiking accident in Ko Phi Phi. He was a familiar face in Greater Phuket hospitality circles for many years and well-loved in Ko Phi Phi, which was his last posting. Looking back at the start of our […]