Why Indonesia doesn’t have to worry about a property bubble…

[vc_row][vc_column][vc_row_inner][vc_column_inner][mk_image src=”https://invest-islands.com/wp-content/uploads/2017/04/17545145_1253299854784335_2317370050478302785_o.jpg” image_size=”full” align=”center” margin_bottom=”30″][mk_fancy_title size=”35″ font_family=”none”]

JPMorgan’s Tandyono said the tax amnesty will spur demand for property.


For the first Quarter of this year, Indonesia’s residential property price index rose around 1.0%  on quarter. While on year, growth slowed to 4.15 percent.

Based on a recent surge in the share prices of Indonesian property developers, the market appeared to expect the money funneled abroad outside the purview of tax authorities might find its way back to the sector.

Around $200 billion of Indonesian funds that weren’t declared to tax authorities there could be stashed in Singapore alone, Reuters reported recently, citing banking sources.

[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][mk_padding_divider][vc_row_inner][vc_column_inner][vc_column_text]Source Article :



Leave a Reply

invest islands magazine

Free Download

WAIT! Do you know which questions you should ask before investing in Indonesia?

Download our investment guide to find out how foreigners can purchase property in the fastest growing island tourism economy in southeast Asia!

Hello 👋🏼 can we help you?
Powered by