Recovery in the Property Sector is Believed to Continue in 2022, Here's Why
The recovery in the property sector that has occurred since 2021 is believed to continue this year. This is supported by the government's success in controlling the spread of Covid-19 and a number of stimulus provided for the recovery of the national economy.
Director of Research & Consultancy Savills Indonesia Anton Sitorus said that the property sector can continue to increase from year to year with various challenges that hit the economy. He said that the government's success in controlling Covid-19 has made business players' confidence to continue to increase. This then encourages improvements in the property sector. "The restoration of business confidence in Indonesia supports market absorption in most commercial sector properties in 2021," he said in Savills' Asia Pacific Investment Quarterly Q4 2021 publication. With a more promising economic outlook, he said, developers and investors are slowly expanding again through a number of housing products. "For example, Sinarmas Land, Summarecon, and Alam Sutera, which recently added new housing clusters in leading cities in Serpong and Bogor to serve the growing demand from millennials," he said.
|•SOURCE•| Articles :BISNIS | Image :OKE ZONE |
READ MORE
|• NATIONAL •|New Animated Display Picture
|• INTERNATIONAL •|Animations Display Picture Astro Boy
|• TECHNOLOGY •|2022 Cyber Crime Still Threats Business
|• POLITICS •|The Ambassador of Republic of Indonesia
|• SCIENCE •|Central Java Governor Encourages Mutual Cooperation
0 comments: