Kadin: Limit Extensive Properties, Not Price!

apartment-studio-teeny-620X310 .jpg "width = 650 > For apartments, the area can be owned by foreign parties that are larger than 150 square meters. Meanwhile, the House that can be owned by foreigners, measuring 350 square meters.

JAKARTA, KOMPAS.com -talk about Indonesia property ownership by foreigners still kept rolling. At a press conference held at Menara Kadin, Jakarta, Monday (19/2/2012), it was revealed, the presence of foreign investment through property ownership may trigger the economy of Indonesia. However, it does not immediately make the foreigners can own property in the country.

According to the Chairman of the Permanent Committee on policy areas of property and Industrial Firm, in addition to the Knights can only hold property usage rights in Indonesia, there are still some restrictions and rules that must be followed by a foreign party. Foreigners who want to "have" property in Indonesia still had to face a variety of strict regulations, such as minimum area of property rules and high taxes.

"Restrictions on the area of more flaksibel rather than capping prices. If restrictions based on extensive, more easily see. If price, vulnerable to inflation. Better based on size. Patokannya more clearly, "he said.

For apartments, the area that can be owned by foreign parties that are larger than 150 square meters. Meanwhile, the House that can be owned by foreigners, measuring 350 square meters.

As reported earlier, public housing Minister RI Djan Faridz finally lift the talk for addressing the debate over ownership of property in Indonesia by a foreign party. In a press conference in the building and commerce, Tuesday (19/2/2013), reveals that Faridz privileges imposed on foreigners is in fact already enough. It's just that, the competitiveness of its period of usage rights granted by the Government of Indonesia has significant differences with other countries.

According to Menpera, these differences would undermine the attractiveness of Indonesia as the field of investment. Foreigners want certainty of rights.

"Well, it got us to strive for. Otherwise, the property sector we lost with (State) neighbours, "he said.

Land and Property

Land and Property

Title Post: Kadin: Limit Extensive Properties, Not Price!
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