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Nominations are now open to the general public and will close on Friday, 28 July The PropertyGuru Indonesia Property Awards, the most recognised real estate awards programme in the archipelago, has announced the official opening for nominations for its third annual edition. Presented by title sponsor Kohler, with support from co-sponsor Regus Indonesia and media partners Liputan6...
Read More About Expanded Indonesia Property Awards 2017 programme announced »
Judges of the Indonesia Property Awards gathered in Jakarta last week to address press regarding the official opening for nominations for its third annual edition. A highlight of the press conference included a presentation from Chairman of the judges Hendra Hartono, CEO, Pt Leads Property Services Indonesia, who gave his prognosis for the real estate market in the year ahead. ...
Read More About 5 things to know about Indonesia’s residential market right now »
 Sales of luxury projects remained weak in Indonesia, despite the tax amnesty and other programs primed to boost the real estate sector. No new luxury condominium projects were completed in Q4 2016, while serviced apartment vacancy rates hit 24 percent at the end of the year, reported Colliers. With flat luxury condominium prices, it may take six to 12 months or several quarters of...
Read More About Indonesian luxury developers go affordable »
Indonesian government executives have renewed longstanding talks of moving the seat of government from congested Jakarta to another island entirely. The National Development Planning Agency (Bappenas) is currently studying the feasibility of such a transfer, a process that could entail as little as four to five years. “The burden on Jakarta is already too high, as it has served as the...
Read More About Jakarta may no longer be Indonesia’s capital by 2021 »
 US-based property portal RentCafe.com has released an analysis of housing affordability on 30 markets cited in PriceWaterhouseCoopers’ most recent Cities of Opportunity index. Kuala Lumpur emerged as the best city of opportunity for residential renters, with the average rental property priced at USD4,500 per annum. The average family in the Malaysian metropolis would only need to...
Read More About Here are Asia's 5 best — and worst — cities in which to rent »

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