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Asia Property Report - February 06 - News
Jakarta´s condominium and apartment markets slowed down significantly in the fourth quarter of 2008 with transactions down by about 10 percent, according to Jones Lang LaSalle´s Jakarta Property Market Review Fourth Quarter 2008 report.
“The unfavourably environment following the collapse of global financial market which led to soaring loan interest rate started to affect Jakartans´ buying power and has resulted in a decline in sales and precommitments,” the report states.
The middle class and lower middle class markets were the most affected by the economic downturn.
Meanwhile, upper grade projects registered a 10 percent sales increase, proving that the slowdown has not yet affected Jakarta´s cash rich market.
Between October and December 2008, around 1,450 condominium units were transacted in the market.
In total, there are around 6,500 condominum units sold throughout 2008.
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| Land - Jomtien South |
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Villa - Hua Hin |
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Apartment / Condominium - Malaysia |
Price :
10,000,000 THB
367 TLW ONLY 200 METERS FROM THE 2 BILLION BAHT GLEN ASIA PROJECT IN BANG SARAY
THIS LAND IS CLEAR AND READY FOR BUILDING
ONLY 400 METERS TO THIS CLEAN, SAFE BEACH. THERE ARE NOW HOUSE BUILDS IN PROGRESS TO THIS AREA
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Price :
7,950,000 THB
Luxury Pool Villa near Hua Hin Thailand for SALE Location: Stuart Park, Soi: 126, Interior: 250 SqM, Land size: 850 SqM, Bedrooms: 3, Bathrooms: 3, Furniture: included!
Living Area : Marble Flooring, Sofa, TV, UBC, A/C, Ceiling Fans, Coffee Table, Dining Table, DVD,Fan Exterior : Exterior Furnit |
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Price :
980,000 USD
The Pavilion is situated in an exclusive area located in the shopping district of Bukit Bintang and the Golden Triangle District. The Pavilion, the retail development was opened in 2007 and was rated as a 5 Star retail mall with its many branded tenancy and diverse facilities. The Pavilion Residen |
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