All Entries in the "Indonesia" Category
High-end residential prices steadily growing in Jakarta
Average high end residential prices in eight key markets in Asia Pacific rose by one percent in Q1 compared with Q4 of 2011, according to Jones Lang LaSalle’s latest Residential Index.
Office space prices rise in Jakarta
Property consulting firm Cushman & Wakefield claim average gross rentals for office space increased in Jakarta by 9.5 per cent from the previous quarter. The limited supply of office space in the CBD has been attributed to the price rise. The rising prices will not cause a property bubble claims Cushman & Wakefield’s research and [...]
Indonesians looking for London homes
A report by Knight Frank stated that more Indonesian millionaires are looking for a second home in London. Knight Frank also stated that London is now the favorite distention for Indonesians after Singapore.
Ayana launches exclusive residences on Bali
Ayana Residences Bali has officially been launched after a ground-breaking on the 6.5 hectare site adjacent to the Ayana Resort and Spa.
The gated community will consist of a limited number of luxury apartments and villas within the 77-hectare AYANA grounds spread along a 1.3 kilometer coastline just 10 kilometers from the airport. With the development scheduled for completion in 2014, the low-density design offers the largest living space of any luxury residences in Bali.
Bali’s fuel prices rise with property market
The Jakarta Post recently reported that Bali’s government disclosed a plan to increase the price of subsidized fuel by Rp$1,500 (US16 cents) to Rp$ 6,000 (US 65 cents) as of April 1.
Although a final decision has not been announced property prices have already begun rising. Real Estate Indonesia’s (REI) Bali branch chairman Dewa Putu Selawa said property prices have increased 15 per cent on average since early March.
Richard Branson buys Bali island retreat
Richard Branson has bought yet another island retreat in addition to Necker Island in the British Virgin Islands and properties he owns in Antigua and Barbuda. The new island retreat, The Panchoran Retreat, is set among the hills of Nyuh Kuning on Bali, reports A Place in the Sun, and was previously owned by Irish [...]
The Grand Lagoi breaks ground in Bintan Resorts
Investments are pouring in to Bintan Resorts with a second resort development breaking ground in Lagoi Bay. Medan-based developer, PT Stareast Sejahtera, on Thursday held a groundbreaking ceremony on a 10, 000 sq m site for a four-star hotel called The Grand Lagoi officiated by the Governor of Riau Islands Province Haji Muhammad Sani. The [...]
Leading Edge: Jakarta sales high, prices low
Despite the global economic crisis, Jakarta property has never looked as good. Demand is progressively increasing and some international investors are now tapping into the booming market.
Results of cross-market online property survey published
Malaysians remain upbeat about the property market despite the demand for houses priced around RM1 million (US$330,688) dropping and the threat of a property bubble according to the results of an online survey. The findings are part of the first cross-market online property survey conducted by the iProperty Group covering Singapore, Indonesia, Hong Kong [...]
New condotels and apartments banned in Gianyar, Bali
The New Kuta Condotel in Bali´s Badung Regency is the type of development that will no longer be allowed in Gianyar. The ban on new development in Bali’s high-end area of Gianyar has been spread to condotels and apartments. The local government has officially banned those types of construction — which have increasingly been used to get [...]
