Potential update to foreign property rules could 'open up much larger market' : Seven Stones Indonesia
CEO of Bali-based real estate agency Seven Stones Indonesia, Terje Nilsen, believes the government could allow foreigners to mortgage in Indonesia as a way to recover from the effects of COVID-19.
Indonesia looks to attract more foreign investors by cutting red tape
President Jokowi recently announced Indonesia will remove licensing procedure formalities that have been hampering foreign investment and slowing down the country's growth.
The Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA) signed in March looks set to be ratified before the end of the year and it could be the foreign investment boost the new administration is looking for.
Will a new government encourage property investment?
Indonesia's recent elections have impacted investment, especially in the country's real estate markets, but as Jokowi officially begins his second term the future looks bright for the property industry.
It’s been a subject of discussion for years but now the Bali Administration looks as if it's taking positive steps towards upgrading and unlocking the potential of wellness and medical tourism in Bali.
Bali looks for holistic approaches to economic growth
Bali's economy continues to grow as investment continues, but care needs to be taken to ensure economic development is sustainable and pressing social issues, such as poverty alleviation, are effectively addressed.
Can Indonesia become Southeast Asia's digital hub?
The impact of embracing technology could have profound effects on Indonesia's economy and the traditional way people do business. The big question for the real estate industry is not when things will change, but by how much.
Opportunity for new foreign capital to enter Indonesia during COVID-19 - Colliers
Colliers has released its Asia Pacific Market Snapshot for the first quarter of 2020, detailing the impact of COVID-19 across all sectors of Indonesia's property market.
Long-term opportunities still being generated by Asia Pacific property markets - Colliers
The wide-reaching economic impact of COVID-19 hasn't stopped emerging signs of long-term property growth within parts of the Asia Pacific, according to Colliers International's Asia Pacific Market Snapshot Q1 2020.