The improving economy in Indonesia, not only to attract the growing demand of domestic consumers and investors. However, foreign developers also enliven the property market in Indonesia. This year, the foreign property developers more incentive to glance at the market in Indonesia.
A number of developers from Asian countries like Singapore, Korea, Hongkong and Japan began to conduct exploratory studies and business to develop new projects.
- Todd Lauchlan

“The high interest of foreign investors to develop their projects more visible here since last year,” said the Country Head of Jones Lang LaSalle, Todd Lauchlan. A number of developers from Asian countries like Singapore, Korea, Hongkong and Japan began to conduct exploratory studies and business to develop new projects.

According to Todd, the developers were mostly foreign to partner with local investors. “It’s certainly getting a positive impact on growth in the domestic property market,” said Todd.

President Director of Jones Lang LaSalle, Djodi Trisusanto said, although many foreign developers to begin to look, but there are still obstacles. Namely, regulations on foreign ownership in property. “It’s not wrong, that the government should have to pay attention to this. Because of their interest in Indonesia,” said Djodi.

Djodi say, the low property prices in Indonesia made ​​a lot of foreign developers looked at investing in Indonesia. “The price of the property we were still lower than in Malaysia. But it was also strange to think of other factors such as comfort,” said Djodi. (Nur Fitri Arifenie / KONTAN)