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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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Koh Samui To Follow Phuket In International Reopening

Category: Tourism, Posted:19 Jun 2021 | 16:29 pm Leading tourism news out of Thailand has the government’s CCSA (Centre for Covid-19 Situation Administration approve in principal a plan to open a sealed route to Samui in mid-July. The plan covers the three islands of Koh Samui, Koh Tao and Koh Phangan and would require travelers to first stay in an ASQ hotel for […]
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Thailand’s Sandbox Is Not A Quarantine

Category: Tourism, Posted:12 Jun 2021 | 10:45 am As we are 19 days away from Thailand’s Sandbox tourism reopening in Phuket, there continues to be a misunderstanding of the overall rules and the term quarantine is incorrectly used. Quarantine by definition is isolation, whereby Sandbox travelers will be able to move throughout their hotel, visit beaches, restaurants, shops etc. Remember Phuket is about […]
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C9 Hotelworks Releases New Krabi Report

Category: Hotels, Posted:07 Jun 2021 | 06:00 am Comparing major Southern Thai resort destinations, Krabi is one that historically balances well between the international and domestic markets. In the new Krabi Hotel Market Update from C9 Hotelworks, we take a look back at pre-Covid trading to examine from what point hoteliers hope tourism will upcycle towards recovery and what will the trends be. […]