Originally published on Ethical Economics -- Shepheard-Walwyn Publishers Republished with permission. It’s a well-known fact that the world’s most renowned construction projects, monuments and buildings have historically been built to celebrate something. To commemorate the past, in other words. Whether they are ancient works, like the Great Pyramids of Giza being used to celebrate the glory of the Egyptians pharaohs, or more recent creations like Gateway Arch in St. Louis, Missouri, … [Read more...]
US Fed chairman Jerome Powell’s take on inflation doesn’t matter! Find out why!
By Darren Wilson Originally published on Property Sharemarket Economics. Republished with permission. Canberra, Australia, 9 August 2021 - I recently hosted a webinar for subscribers to Boom Bust Bulletin. I was joined by Property Sharemarket Economics Director, Akhil Patel. During the webinar we encouraged attendees to ask questions for Akhil and me to answer. And there was a recurring theme to these: people wanted to know about debt, inflation, and interest rates both now and for the … [Read more...]
The Secret Life of Real Estate and Banking
Author: Phillip J. Anderson| Hardcover: 464 pages | Publisher: Shepheard-Walwyn | Language: English “The Secret Life of Real Estate and Banking” is a deeply-researched study of over two centuries of economic history that discovers in these years a surprisingly consistent and predictable pattern of boom and bust. What the author finds is that history from the 1800s to the present day has shown a roughly 18-year real-estate cycle, with an average of 14 years up and 4 years down, … [Read more...]
A Blend of East and West
By Aulia R. Sungkar Photos by Andhy Prayitno for MWP Studio and Accor Indonesia The writer is director of ALVEO and the article is originally published in Indonesia Design edition Nov-Dec 2019. With over 30 years of experience in the hospitality industry under his belt, Garth Simmons has occupied varied positions ever since he first joined Accor in 2007. His pivotal roles included being a senior vice president in New Zealand, Pacific Island and Japan. Now, as COO of Accor, he is … [Read more...]
Cosmas Batubara: National Housing Mastermind
Interview by Aulia R. Sungkar Photos by Bagus Tri Laksono Originally published in the 14th anniversary edition of Indonesia Design, Dec 2017. Cosmas Batubara is one of the most consistent figures when it comes to playing a role in the country’s property development. He once took roles as minister of public housing and minister of manpower during the late Soeharto’s administration, and has until today involved with numerous property projects. His long-standing experience, outstanding … [Read more...]
InterContinental Bandung: The Green Sanctuary
Words: Aulia R. Sungkar. Photos: Ricky Adrian. Originally published in Indonesia Design, Oct-Nov 2017 edition. Beautifully nestled on the hill of Dago Pakar, this InterContinental Hotel has become the pride of Bandung for its green design and natural surroundings, along with facilities that cater to those seeking leisure, MICE and wedding destinations. Heading northwest of Bandung will take you to a pine forest and natural park popularly known as Dago Pakar. This is where your eyes … [Read more...]
Cashing in from ‘sunrise property’ attractive option
By Aulia R. Sungkar. Originally published in The Jakarta Post, on January 9, 2015. Sunrise property' is the current trend in property development, especially in commercially immature areas. If you live in a city, chances are that you have seen promotional material offering what has recently been referred to as 'sunrise property', a phrase used to describe properties sold in lucrative areas capable of generating huge profits. Currently, a number of mass media, textbooks and brochures … [Read more...]
Eddy Hussy: Hard work, perseverance formula for winning in future
Text & photo: Aulia R. Sungkar. Originally published in The Jakarta Post. At the helm of a national developers' association, Eddy Hussy is communicating his expertise and leadership know-how as a means of striving to reshape Indonesia's property sector. Eddy Hussy believes that strength comes from the efforts of hard work and determination. As such, his belief has become the bedrock of what he refers to as his leadership approach to managing some 3,000 developers under the … [Read more...]
Setiawan Mardjuki: Instilling appreciation for different cultures
Setiawan Mardjuki is shaping up locals to become internationally minded human resources that will contribute to the growth of hospitality properties. Indonesia has numerous resources and potential to advance its tourist sector, and Setiawan Mardjuki takes great delight in his role in the extensive development of the Tanjung Lesung Resort in Banten province. “We are building an integrated coastal tourist hub on 1,500 hectares of land. It’s five times bigger than Nusa Dua in Bali. The area’s … [Read more...]
Heading out for townships as alternatives to city living
With the country’s improved economy, Indonesia is experiencing a growing middle class with higher purchasing power parity. Correspondingly, a number of property developers are looking to capitalize on the abundant opportunities with integrated township developments taking shape on the outskirts of larger cities, such as Jakarta and Surabaya. To property developers, an independent city or township is a business venture offering middle and upper class consumers an alternative to city living. … [Read more...]
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