release funds in line with the
construction process of the
given property development.
The general consensus is
that these rates are sensible
and will protect the consumer.
Rowe says the forthcoming
presidential election on July 9
will be watched closely to see
if there are any ramifications.
A recent Neilsen survey
notes that domestic consumers
appear to be in an ebullient
Facing page and above: Apartment
developments in prime central areas
of Jakarta are highly sought after,
says the latest property market
report from Jones Lang LaSalle. The
Four Winds of Senayan is a perfect
example, with early take-up beyond
expectations.
Left: Developers, such as the
Four Winds’ PT Tri Tirta Permata,
recognise the maturing market is
looking for high-end interiors that
offer resort-style living.
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