Tuesday, February 2, 2016

Property blast occurred Three Years



Property boom will happen in 2018. At that time, residential and commercial needs will increase with the amount of supply.

The selling price and the rental even more attractive for investment are pushed toward more positive growth.

Applicability of the single market integration of Southeast Asia or the ASEAN Economic Community (AEC) on December 31, 2015, will be forced Bank Indonesia (BI) cut its interest rate to become more competitive.

In addition, the targeted inflation rate hit an all-time low of 3.4 per cent or 10 years, will also make the property sector excited again.

By doing so, mortgage interest rates (mortgage) will be low and follow the inflation rate and the reduction in the BI Rate.

Similarly, exposure and predictions Executive Director of Indonesia Property Study Centre (PSPI) Panangian Simanungkalit to Kompas.com, after the procession of laying the first stone Wismaya Residence in Jakarta, Sunday (01/31/2016).

"For that, I recommend either the consumer or end-user investment motive (end user) to immediately buy the property this year. It's a good time to buy property," he said.

Panangian giving reasons, the first quarter of 2016 is a buyer's market momentum or more people are in need of money.

The phenomenon is due to the money circulating in the community a little. The high level of inflation and interest rates are also encouraging consumers and investors to postpone purchase.

As a result, property sales declined sharply by 30 per cent. Naturally, if eventually, the price of the property offered is very competitive, as corrected.

The right moment to buy property, Panangian continue, will last until March of this year. After that, the price will crawl up driven improvement in economic conditions.

"It was the turn of money looking for stuff. A lot of money. Inflation and interest rates are down," said Panangian.

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