No house-price boom in Indonesia
This content is archived.
Indonesia’s housing market remains weak, despite strong economic growth and high levels of investment. Some of the major factors that have hampered the growth of Indonesia’s housing market are:
During the year to end-Q1 2011, residential property prices rose by 4.48%, according to the latest Bank Indonesia Residential Property Survey. But when adjusted for inflation, house prices actually dropped by 2.2% over the same period.
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