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Tuesday, April 23, 2013
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Transaction Home Property Reaches Rp 16.6 Trillion

1:42 AM
Indobusiness - The housing market footprint (landed residential) scored positive sales transactions amounting to Rp 16.6 trillion of 15,851 housing units are absorbed by the market in 2013. Cushman and Wakefield in his research said total transaction volume is higher than the achievement in 2012 of Rp 12.4 trillion from the 12,858 units sold.

According to Senior Associate Director of Research & Advisory Arief Rahardjo largest contributor of total transactions came from Tangerang region led by Alam Sutera, Serpong Summarecon, Paramount Serpong, and BSD City. Followed successively by Depok and Bogor, Bekasi and Jakarta.

"Alam Sutera phenomenon with direct access freeway greatly influence the decisions of prospective consumers in buying a home. Neither the Bekasi. Post-entry Summarecon, movement transactions in this town is very active and progressive. So that in one month, transactions records reach 30-40 units, "said Arief, Tuesday (16/04/2013).

Interestingly, the use of mortgage facilities still dominates consumer payment method selected. Although the new rules regarding the Loan To Value (LTV) mortgage for a maximum of 70% was imposed in 2012, the effect is not too significant. Consumers only suspended for subsequently deciding purchases this year. Because they are aware, each year, house prices will continue to rise. This year alone, when considering the movement of inflation, growth rates conservatively exceeded 9-15%. While the real price in the field to reach 30-50% in the last two years.

"Growth in property and land prices will continue along with the construction of 30 housing projects were included in the watchlist (basketball) us. Availability of complementary facilities such as shopping centers, hospitals, educational facilities, hotels and others helped boost the growth escalation, "said Arief.

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