Home Sales Drag Quarter IV-2012

Some analysts expect property home sales during the end of the fourth quarter of 2012 will be sluggish. Because, according to Dwi Novita, Research Manager of Coldwell Banker and Analysist Indonesia, people choose to spend money to prepare for Christmas and the end of a long holiday.
However, Dwi sure, the decline in residential demand during the fourth quarter of 2012 will not be drastic. After all, sales for October and November 2012 was up 10 percent than the average sales in the previous month. Explain the increase, according to Dwi, the interest rates are still low.
However, according to Chairman of the Real Estate Indonesia (REI) Setyo Maharso, the decline in housing demand not only in the fourth quarter, but also in the third quarter ago, and it is an annual cycle.
Third quarter of 2012, sales have faltered because of the big day and the new educational year. Fourth quarter year-end holiday trip.- Setyo Maharso
"Quarter III-2012, sales have faltered because of the big day and the new educational year. Fourth quarter year-end holiday trip," he said Thursday. Cycle is especially true in the middle segment. While sales in the segment above is still stable. However, Setyo reluctant to reveal what percentage of the decline.
Still, many developers of new residential construction continues to accelerate towards the end of this year. You see, according to Dwi, they want to take advantage of the moment of the current low interest rates.
Take for example the PT Metropolitan Land (Metland) who recently launched in the cluster Teresta Metland Menteng, Jakarta. On an area of ​​7.5 hectares (ha), 300 mendirkan Metland minimalist house with an area of ​​60 square feet-120 square meters worth USD 500 million and Rp 800 million per unit. "We continue to build on, not wanting to lose the market," said Nanda Widya, President Metland.
Relife Realty PT Indonesia (RRI) has also just launched a secondary housing unit 240, Greenland Forest Park Residence, in Sawangan, Depok. The price is Rp 170 million and Rp 400 million per unit. "Third and fourth quarter sales may be sluggish. However, the beginning of the year will be good again," says Renold Darmasyah, president director of PT Realify.