Bright Future but not yet Home Free - Economy - magz.tempo.co

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Housing Sector

Bright Future but not yet Home Free

Tuesday, December 26, 2000

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

. tempo : 178038970490.

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

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