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Roaring Indonesia Property industry to grow in 2015 on rising middle class and infrastructure spending


Posted Jan 30, 2015 by axiscapitalgrp
The company structure and flexibility combined with relatively low overheads make Axis Capital Group very competitive in the market place and since Singapore is a port and where the company is based, you are guaranteed that your equipment will be delivere
 

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Pressnews.biz (Press Release) Jan 30, 2015 -- The worldwide house price boom is continuing as property markets outside Asia is growing more rapidly than earlier. Global Property Guide’s latest report has unveiled that the housing prices in most of Asia continued to grow in Q3/2014, however at a slower pace.
Ten Asian markets including the Philippines, Indonesia, South Korea, Vietnam, Singapore, China (Beijing), Taiwan, Hong Kong, Thailand and Japan (Tokyo), where eight of these experienced small surges in house prices during the year to Q3/2014. China reduced significantly by 3.83% in the period, while Singapore skid 4.79%. Global Property Guide reports that governments in Asia are imposing cooling measures to avoid a repeat of the past as many housing markets are overvalued.
As much as 15 to 20%, property prices are expected to increase in 2015. As this in in relation to increases of the following:
1. Bank interest rates.
2. Fuel prices
3. Electricity prices
Foreign investors will be providing funds and to power this money is by joint ventures with local developers of Indonesia. Much of the Construction Investment comes from abroad:
1. Japan
2. Korea
3. China

Amid a surge in the middle-income bracket, Indonesia’s property industry is expected to keep growing in 2015. This is expected to grow to 90 million people this year. The industry is also expected to gain from increased infrastructure spending, as some of the reserve funds from the reduction of fuel subsidies will be transferred to infrastructure development.
Growth will mainly be driven by the:
a. Landed houses
b. Apartment subsectors.

In March, the fact that foundation contractors plan to increase prices by 5%, it will also have an impact. The price increase will mostly affect the following sectors:
1. Small developers
2. Low-level segment.

The middle-upper market should not be significantly impacted, however, because of the strong rise in purchasing power. Property developers in the retail and condominium segments are particularly interested in the suburbs and outskirts of Jakarta.
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Axis Capital Group, Jakarta Indonesia offers a new machine or used unit that you can purchase or rent. We understand that you need quality equipment that is reliable and cost effective.
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Contact Email : serv...@axiscapitalgrp.com
Issued By : Reynolds White
Website : Axis Capital Group Singapore
Phone : 45 Harbour Drive 1st Floor, P
Business Address : 45 Harbour Drive 1st Floor, Pasir Panjang Terminal Building 1 Singapore 117756
Country : Singapore
Categories : Business, Construction
Tags : Axis Capital Group Singapore
Last Updated : Jan 30, 2015

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