Bright Future but not yet Home Free

The housing market has begun to see a revival. But limited housing loans next year overshadow its prospects.

December 26, 2000

Dwi Karsono is a happy man. President director of Debindomulti Adhiswasti, he is exuberant at the value of transactions recorded at a housing exhibition he staged last November. Seven of 58 real estate developers that took part registered a sales volume of Rp30 billion. "We don€™t know the total value yet, as not all out questionnaires have been returned," he said.

At an exhibition Debindo held in April 2000, 37 real estate developers ha

...

More Articles