FOR some people who have a pocket thickness Indonesia, Singapore shopping paradise not just clothing, such as clothes, shoes, and handbags, but also to buy up the board aka nirvana residence.
Not a few of our citizens who purchase residences such as apartments in the State is the Merlion. Just look at sales data for an apartment project owned by Far East Organization. From about 7300 transactions, the rich man from Indonesia became one of the most residential buyers tall in Singapore. "Buyers from Indonesia is our second largest buyer after the buyer in Singapore," said Assistant Marketing Manager Far East, Maikel Tanuwidjaja.
There are two apartments being built Far East. First, Apartments Silver Sea which stands on 2.2 hectares and has four towers as high as 21 floors. Its location on the East Coast beach area, about 10 minutes from Changi Airport.
Second, cyan Apartment built on the Bukit Timah area of 1.4 hectares of land. Not to be outdone, Frasers Hospitality Hospitality is also working on a new apartment project that is named Fusionopolis Apartments. There are two types that they offer, which is overlooking Fraser Suites River Valley, and overlooks the Fraser Place Robertson Quay area. "Our goal is to executives," said Chief Executive Officer (CEO) of Frasers Hospitality Hospitality Choe Peng Sum.
Proud Nirwanjaya, property analysts, say, residential developers in Singapore are being aggressively marketed-insurgent apartment. Understandably, many world famous company that opened a branch or representative office in Singapore. For marketing, Proud added, Singapore developers rely on buyers from overseas, especially Indonesia.
Observer property of Jones Lang LaSalle Indonesia, Anton Sitorus, adding, Singapore is still an option for many foreign nationals, including Indonesia. "Basically, our people have money. Yes spending anything over there. Clothes shopping there, including property, tourism has been considered, "says Anton.
According Maikel, until August 2009, apartment buyers from Indonesia reached 22 percent of the total number of apartment buyers in Singapore. Approximately 60 percent of them buy apartments for occupancy, while the rest make the investment.
Now, said Maikel, property developers still choose to build the Orchard Road area apartment project. But in the future, as the increasingly crowded area, will move to an apartment building in coastal areas. "Already many developers are starting to offer Singapore's coastal region," said Maikel.
Maikel and Proud rate, the construction of apartments in Singapore until the end of this year will continue to squirm. Development projects were delayed due to the global crisis will re-rolling as the world economic recovery. So, "There is no rescheduled again for the construction of apartments," said Maikel.
Chairman of Real Estate Indonesia (REI) Teguh Satria revealed, when the storms beat global crisis, property prices in Singapore had dropped to 40 percent. Selling price of properties in the country from two million to six million Singapore dollars per unit. However, price declines are only briefly. You see, "The value of the investment return would skyrocketed because demand is high enough," said Teguh.
