Strata title apartment market status is considered more prospective buyers to capitalize because of local-based, this year is predicted to be minimal rental apartment supply.
Developers are still cautious about launching a new rental apartment project. Because demand is reduced due to many foreign workers (expatriates) are drawn back to his country due to the impact of global financial crisis.
While the absorption and the supply of apartment property (strata title) is actually increasing. For this segment rely more on local buyers.
Coldwell Banker Research PT Indonesia says 2011 next to no new supply plan from the developer of rental apartments.
Developers will continue to be careful to expand the segment of rental apartments has not followed the global economic recovery.
Since early 2009 many expats who pulled back from Indonesia to their home country due to reduced business activity, particularly in companies based oil and gas (oil), export-import, and manufacturing.
So far, the majority of the absorption of rental apartments it is derived from foreign workers. "Positive, the absence of new supply coming up in 2011 would push the level of occupancy (occupancy) existing rental apartments," said Research Manager and Analyst PT Coldwell Banker Indonesia, Dwi Novita Yeni, recently. According to Dwi, lack of supply of new rental apartments has been seen since the last quarter of 2009.
During the fourth quarter-2009, no new supplies to leasing apartments. As a result, the cumulative supply last year did not move from position 11 616 units consisting of 4673 units located in the central business district (central business district / CBD) and 6943 units in secondary areas (non-CBD), especially in the south of Jakarta.
Cumulative supply is far behind the supply of new apartments are all ownership rights in 2009, there were 68 743 units.
Absorption of rental apartments are also not much changed compared to the previous quarter. Novi outlined along the fourth quarter of 2009 only 137-unit rental apartment market absorbed. Similarly, occupancy rates, averaging under 75 percent level.
"In the primary, especially the CBD area, the occupancy rate reached 73.47 percent, whereas in the secondary area is only 68.20 per cent," he said.
In contrast, during the last quarter of 2009, the supply of high condominium strata title actually experienced growth.
Based on the research Coldwell Banker, an increase in new supply up to 99.87 percent compared to third quarter 2009.
Until late last year, the total stock of condominiums increased to 68 743 units with a composition of 16 228 units located in the CBD and 52 515 units in secondary areas.
"Along with the more limited stock of development land in the CBD area, the developers now tend to move towards secondary kawasankawasan especially in South Jakarta. It can be seen from the level of supply of new apartments that are dominated by supply from outside the CBD, "said Novi.
Throughout the fourth quarter-2009, in the CBD area, the main supply comes from Tamansari Sudirman tower B. In addition, Salemba Residence Tower B, Th e Lavande tower C, Gardenia Boulevard, Kalibata City tower T, and Green Bay Pluit in non-CBD areas. Construction Delay Low demand from foreign expats seem to be the reason for Energy Tbk PT Ratu Prabu, an oil and gas companies and properties, defer the construction of King Queen Apartments at Jalan TB Simatupang 3.
In fact, these rental apartments before construction is planned in early 2010 and targeted to be completed end of 2011. Developer forced to delay construction of the tower will consist of 200 rental apartment units and the rest of the hotel.
"We actually have got a commitment from many companies, oil and gas leases, but due to the global economic crisis has not yet recovered, many companies that are not fully conduct business activity. While looking at market development, development of the Queen, King 3 postponed at least until the end of 2010, "said President Director of PT Ratu Prabu Energy Tbk, Burhanuddin Bur Maras, Friday (19 / 2).
Managing rental apartment like Senayan City Residence chose adopt a more fl mengaet eksibel can keep tenants in the center of the global economic crisis.
CEO Senayan City, Handaka Santosa, revealed that most of their luxury rental apartments in the area the Senayan City superblock is the expatriate community with a lease term of up to 35 years. Currently, the occupancy rate reached above 70 per cent of the total 67 units available.
"The crisis had an impact on all sectors of property, including apartment leases. But because most Senayan City Residence apartment tenants are expatriates who take up to 35-year lease period, the global crisis was not affecting the level of occupancy. Yes, applicants must remain there, "said Handaka.
Compared to build rental apartments are very dependent on foreigners working in Indonesia, a number of developers instead chose to go to the apartment market sold off the property. In addition to faster return on their capital, market demand is also quite high, especially among the haves in the country.
Because locally-based buyers, the market status of strata-title apartment is considered more prospective to capitalize.
"National economic conditions improved a solid foundation for companies to conduct the launch of a new apartment project," said Chief Operating Offi cer (COO) PT Intiland Development Tbk, Suhendro Prabowo.
During this special apartment rental tenant or serviced apartment is dominated expatriate who comes from a number of foreign corporations.
This is because the rule which forbids foreigners to own property in Indonesia. Last year, the proportion of rental apartments by expatriates in Jakarta, to reach 87 percent.
Intiland, through its subsidiary PT Gandaria Permai Residences 1Park apartment project launched recently. Kebayoran Baru Apartments in the region's status property (strata-title) with a total of 379 units.
Residences 1Park apartment units marketed starts at 800 million rupiah for type two bedrooms. These include competitive prices, because the average selling price of apartments in the area of Kebayoran Baru over 11 million rupiah per square meter.
mri/E-5
No comments:
Post a Comment