JAKARTA, KOMPAS.com -upper-middle class property sales Growth in Jakarta is expected to remain there, even though the Government plans to raise the price of subsidized fuel, starting this may. Swept up in the rising prices of FUEL is more pronounced on the property to the lower classes.
Associate Director of Knight Frank's Indonesia Hasan Pamudji, in Jakarta, Wednesday (1/5/2013), said the rise in fuel prices, subsidized imposes on the declining ability of purchasing power. However, the effects are felt for the people of the lower classes. Knight Frank is one of the world's property consultants who opened the representation in Indonesia.
"Economists predict rising prices of subsidized FUEL to Rp 6,000 per liter will imposes additional inflation of 2 percent. The impact of inflation as rising prices of various kinds of goods it will be six months. For property, it will follow the inflation, "said Hasan.
Rising property prices, according to Hasan, the buyer will be very pronounced on the lower classes. In addition to the need to sustain daily living costs rise, they are also faced with rising property prices. This condition is foreseen will weigh the absorption is home to the lower class of society.
"They need more time to be able to put together the down payment of home purchase. In addition, large repayments will also be increased. This will be felt for the people of the lower class, "he said.
Rising costs of daily living needs also perceived the middle and upper class society. However, among the estimated can still receive the property price increase despite any additional cost. Moreover, the need for housing in Jakarta is still higher than its availability.
According to research released by Knight Frank, late April 2013, looks home price index in Indonesia since 2007 continues to increase while not who whet in Hong Kong, India, or China. The housing price index in Indonesia in late 2007 by 100, then at the end of 2012 index reached 120. Hasan said the credit climate, home ownership in Indonesia still accommodate home ownership with a land area of 70 square meters.
"The policy of restrictions imposed to quell an increase in upper-middle class properties," he said.
Interested in city
Interest of people to live in Central Jakarta was shown also in the population data. Data from Statistics Indonesia Jakarta, population density in Central Jakarta 2013 projected reach 18.926 people per square kilometre (km). Central Jakarta is the most populous city in Jakarta, followed by the West Jakarta with density 18.739 people per square km, South Jakarta (15.356), East Jakarta (15.035), North Jakarta (11.816), and the thousand Islands (2,618). As for the average population density of DKI Jakarta 15.234 people per square km.
Planolog University of Trisakti, Yayat, Supriatna said, overcrowding in Central Jakarta shows that people choose to live again in the town centre rather than in suburban areas.
"One consideration is the increasingly severe congestion and the high cost of transportation when residing in the periphery. Finally, people returned to the city, "said Yayat. (ART)
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