Increased government investment in infrastructure has helped to unleash a boom in Indonesia’s construction sector. With rapidly growing demand for residential real estate, office buildings, industrial estates and other property across the archipelago, the construction sector is tagging along for the ride.
With the implementation date of the ASEAN Economic Community (AEC) set for December 31, 2015, Indonesia’s construction sector must take the right steps to ensure that it stays in the running. The AEC aims to create a single market and production base with free movement of goods, services and skilled labour. Such a development will enable greater...
As Indonesia’s real estate market has experienced growth in recent decades, the demand for building materials has skyrocketed. The domestic market is thriving, with Indonesia’s key players rapidly expanding production capacity of high-demand materials such as concrete and metals. Inflation is high for imported building materials and...
With a number of infrastructure projects being rolled out in the coming years, alongside overall real estate expansion and economic growth, the construction equipment sector has a vital role to play in Indonesia’s future development. Indeed, the value of the construction equipment market doubled between 2008 and 2013 – with Research and Markets...
Several factors have converged to create a high demand for condominiums in Bangkok that remains strong despite Thailand’s periodic habit of threatening its own economy through political unrest. It has become a rule of thumb that, wherever the mass transit lines are expanding, condominium developers are alongside the new routes. Avoiding Bangkok’...
High land prices in the central business district (CBD) area of Bangkok, combined with sluggish rental rates until recently, have discouraged developers from delving back deeply into the office market. However, that could all be about to change as the vacancy rate in CBD Grade-A space was reported to have fallen below 10% for the first time in...
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