By Aulia R. Sungkar (Ollie) Published in Property Report Magazine #106, August 2013. As one of several Asian nations enjoying highly favourable economic growth rates, Indonesia is increasingly appearing on the international investment radar. Southeast Asia’s largest economy continues to show a positive outlook for real estate investors, with a growing number of high net worth individuals contributing to a boom in Jakarta’s luxury condominium market. The Indonesian capital has seen … [Read more...]
Setting the Pace
Property developer Intiland has branched out into the hospitality industry under its subsidiary Intiwhiz running the hotel chain. The growth of middle class in Indonesia creates stronger purchasing power. And this condition is indeed conducive to the country’s hospitality industry, leading to high demand for budget accommodation. Property developer Intiland Development, through its subsidiary Intiwhiz International, has taken advantage of the country’s economic situation. Having … [Read more...]
Time to Invest
With the increasing confidence in national economy, property industry is turning into the epitome of investment that provides natural hedge against inflation. Recalling the struggling years in the global property business, particularly in 2008 when the financial downturn overshadowed the world’s economies, Indonesia this year seems to be unscathed and the country remains optimistic about its future economic outlook. Compared to when the country was hit hard by the 1997 monetary crisis, the … [Read more...]