Jakarta, CNBC Indonesia – The Covid-19 pandemic continues to depress property prices in Jakarta. Declining purchasing power makes home sellers ‘slash prices’ so that their merchandise sells quickly.
One of the areas in Jakarta that experienced price contractions was Pondok Indah. Chairman of the DPC Association of Indonesian Real Estate Brokers (Arebi) South Jakarta Andria Dian Palupi said there was a significant decline in prices.
“In Pondok Indah, for example, in the Bukit Golf area, it was above Rp. 60 million/m2, now it is lower, for example, Rp. 40 million – 50 million/m2,” he said. to CNBC Indonesia, Thursday (13/1/2022).
The price can go down even more if the homeowner is in need of money quickly, namely selling at a lower price. For example, on the OLX buying and selling site, there is an owner selling a house with a land area of 715 m2 and a building area of 450m2, which is at a price of Rp. 23.5 billion, meaning the price is Rp. 23.867 million/m2, that is still negotiable.
The owner only claims that the price only counts the land, the location of the house in the prestigious elite area of the beautiful cottage, the beautiful and quiet location near the golf hill area, JIS, Pondok Indah Hospital.
Even though they are overshadowed by low prices, the broker said they are still optimistic because they can buy opportunities to sell their property assets. Moreover, Andria said that the turnover in the South Jakarta area for Pondok Indah and Kebayoran was still relatively high.
“It’s true that people tend to be depressed by situations where people sell their decisions faster, than they don’t hold money. Property prices have depreciated a little but fell very not just because of certain areas,” he said.
(tps/tps)
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