The Jokowi administration has had a significant impact on Indonesia since it came in to power in 2014, not least in the country's property space, which covers everything from subsidized housing to shopping malls and tourist destinations and everything in between.

The Indonesia Property Forum published their end-of-year report recently, which looked in detail at areas of most interest to property developers and real estate agencies.

In short, Indonesia's property businesses have a bright future ahead. More money is available with banking credit increasing by over 300%.

The housing backlog is being addressed with active programmes and developments to supply affordable housing. More than 210,000 apartment units have been built in over 400 tower blocks with many more on the way.

Infrastructure (roads, airports, harbours and power grids) offices, commercial premises such as shopping malls, hotels and hospitals are all being built and developed at a rate that looks set to propel Indonesia to the lofty status of a world economic power in much less than 10 more years. All of which is good news for those whose interest lies in property.

As we bring the year to a close, there's no doubt that a sense of optimism is in the air for 2018. If the government is able to stay on track with its ambitious goals more people will be living more comfortable lives with more opportunities to enjoy the successes of southeast Asia's most exciting economy.

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