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    Residential

    The residential market is expected to maintain its positive momentum as demand continues to grow due to a rising young population, an expanding middle class and supporting urbanization initiatives.

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    Retail

    Indonesia’s strong domestic consumption, fueled by a growing middle class, will continue to drive foreign and domestic retailers to actively expand in order to capture share of the growing market.

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    Distinct Design

    There's a growing appreciation for distinctive design in Indonesia across the office, residential and retail sectors.

Property

Design, build, develop

Indonesia's property market is resilient as demand for quality properties of all types is increasing, incomes are rising and available land in prime areas such as Jakarta is limited. For example, Grade-A offices continue to register very high occupancy rates and to achieve substantial increases in rental rates.

Even with the modest economic slowdown during that latter part of 2013, the residential market has maintained its positive momentum as solid demand continues due to a growing young population, an expanding middle class and supporting urbanization initiatives.

Demand beyond Jakarta’s periphery is expected to remain strong in line with the development of new economic centers in suburban areas.

While there's strong competition among retailers and mall owners, the retail market will continue to perform positively as demand continues to grow.

With strong domestic consumption and a growing middle class, foreign and domestic retailers will remain active, expanding and opening new outlets to further capture market share.

Did you know?

Go Soei Kie (Dasuki Angkosubroto) was the founder of Gunung Sewu

Quick Fact#8

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