The property market in Africa’s most populous nation is defined by significant long-term potential, but realising that potential for developers is not necessarily simple. A drop in the price of oil, a lack of foreign exchange and a depreciating currency are all combining to slow the economy, in turn stifling demand for both residential and...
Which regulatory changes could support efforts to create an enabling environment for real estate development?
The retail real estate sector is fast becoming one of the most intriguing property segments within Indonesia as the industry continues its evolution away from traditional markets and towards modern retail outlets. The increasingly affluent and globally minded population is creating growing demand for contemporary shopping experiences....
Although investment in the sector is still on the rise, Indonesia’s real estate sector is cooling in 2016 after several years of rapid growth, as muted economic expansion impacts consumer purchasing power and new project development. Despite recording moderate recent increases in sales and prices, residential growth has slowed from the double-...
Indonesia’s construction sector will likely be a bright spot in an otherwise subdued economic growth story in 2016, as the country’s widening infrastructure gap and recent fuel subsidy reforms have driven a surge of new government spending into a massive public infrastructure programme.
Although public infrastructure projects including highways, ports and rail continue to dominate Indonesia’s construction landscape, the hotel segment is fast becoming a major growth driver for private contractors, with Jakarta standing as one of the world’s largest hotel construction markets, driven by rising foreign visitor arrivals and the...
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