The Indonesian residential property price index (16 major cities) rose by 3.1% during the year to Q2 2016, according to Bank Indonesia, but when adjusted for inflation, property prices in the country actually fell by 0.39% in Q2 2016 from a year earlier. During the latest quarter, residential property prices rose by a meagre 0.36% (0.3% inflation-adjusted).
Nominal property price figures can be misleading in Indonesia, because inflation has been high (although now slowing). Residential property has been attractive to rich Indonesians and others partly as a protection against inflation.
All Indonesia’s major cities saw nominal property price rises during the year to Q2 2016. Batam led the price hikes with house prices rising by 10.65% (6.9% inflation-adjusted) during the year to Q2 2016. It was followed by Bandar Lampung (8.46%), Palembang (7.95%), Medan (6.25%), Bandung (5.77%), Makassar (5.66%), Banjarmasin (5.36%), Manado (5.27%), Surabaya(4.28%), and Padang (3.93%).
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Ferrari Malaysia, Singapore and Thailand celebrate 10th anniversary
February 8, 2019

The official Ferrari distributors in three countries, Malaysia, Singapore and Thailand jointly celebrated their 10th anniversary here with an activity-packed weekend of track and road drives, a gala dinner and the unveiling of the new Ferrari F8 Tributo. Naza Italia, Ital Auto Pte Ltd and Cavallino Motors Co. Ltd are the official importers and distributors of the Ferrari brand in Malaysia, Singapore and Thailand respectively.
2 Subscriptions for Sale
June 23, 2016

Tri Tang Phuket Research Property Group is proud to present two Realty Access subscriptions for sale. This is currently under offer. Realty Access is part of the growing phenomenon which is crowd funding.
Biggest risk to NZ, Australian house prices? Interest rates
July 13, 2016

What could cause big changes to New Zealand and Australian’s housing markets? Kiwis were told last week to expect house price drops and now Australians have been delivered exactly the same warning. The common factor?