Property Industry: On Your Marks...

Loan interest rates continue to decline. People’s purchasing power is on the rise. The national economy is starting to show signs of life. It is high time for property businesspeople to multiply sales.

March 17, 2010

No Free Lunch

Land in Jakarta is controlled by developers. It is hard to build houses for the middle and lower classes.

NEAT rows of 55 buildings can be seen not far from the Cengkareng-Kapuk road, West Jakarta. The five-story buildings shaped like the letter L stretch from the south to the north. The steel-barred windows and flower-patterned curtains match the grey-colored walls. The 5.1-hectare area looks beautiful, tidy, and clean. “Th

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