JAKARTA, KOMPAS.com -Djan Faridz Housing Minister declares will continue to fight for rules related to foreign property ownership in Batam, Indonesia. Djan Faridz says, it rated will have an impact both for the condition of the economy.
"I will fight for permission for foreign property ownership in Batam. This is because the magnitude of the benefits that can be gained from State taxes and also from the side of the multiplier for the community economy impactterhadap Batam, said Faridz Kemenpera in press releases public relations in Jakarta, Monday (11/3/2013).
According to foreign property ownership Faridz, in Batam will encourage foreigners, mainly citizens of Singapore, to settle down and have a place to live in the area. That, he continued, will be able to give you an advantage on the economy. Menpera also confirmed, foreign kepemililkan will have no effect or impact to the increase in the price of other apartments for citizens of Indonesia.
"Foreign ownership has no effect on the price of other apartments, especially for CITIZENS. Because any large garage to foreign restricted at least 400 metres. Moreover, there is a rule that requires developers to build 20 percent of the floor area. This will add further benefits for low-income communities, "he said.
Previously, monitoring of residential or luxury residential high that occurred in various cities in the Asian region have indicated that an increase in terpesat took place in Jakarta, Indonesia. Based on the index of residential property consultant International Institute, Jones Lang LaSalle last month, capital values (capital value) of the performance of the stock of housing in nine cities of the Asia show in Jakarta increased in the quarter by as much as 27.5 percent IV 2012 y-o-y. Luxury residential property in question includes apartments, condos, and homes are located in the area of traditional premium.
As for the increase in value exponentially in the city's luxury housing on the quarter IV 2012 y-o-y in a row was from Kuala Lumpur (6.9 percent), Hong Kong (5 percent), Bangkok (3.5 percent), Beijing (3.3 percent), Manila (3.3 percent), and Mumbai (3.2 percent).
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