Modern Condominium as the new trend property
February 2, 2010
Trends Condominium Living in a lifestyle of modern dwelling
began to develop a lifestyle trend living in high-rise residential and demands of people came to live in a more efficient environment.
Emerged the concept of mixed-use residential development where integrated in a common area with office buildings and shopping centers, as seen on Central Park project, St. Moritz, Rasuna Epicentrum, and Kemang Village. Destination purchase a condominium unit is also no longer just for shelter, but also as an investment instrument. Condominium developments in this period was dominated by the middle segment, particularly in the CBD area, followed by the area of North Jakarta and South Jakarta. In the sector of rental apartments, expatriates who inhabit rental apartment units more diverse, coming from China, America, Middle East, Europe and others.
In the future, the sector rental apartments and condominiums are expected to continue to grow in line with national economic conditions and improved global. Government’s efforts to keep the rupiah continued to increase and interest on the bank’s low level of purchasing power increase. Rental apartment sector shows supply and demand levels higher and higher. In this period also, strata-title condominiums began to grow, but the preference of people to live in residential high-rise is relatively not so large that the demand for condominium units is relatively low. Condominium with a large number of units began to grow. The supply of new condominiums higher and the demand for apartment units also began to increase. Rental apartments in the sector, the higher demand from the dominance of expatriates from Asian countries like Korea, Japan, and Taiwan. Sector rental apartments and condominiums began to rise again in mid-2000. The high rate of population growth, contribute to the development of condominiums in Jakarta. On the other hand, demands the need for quality housing is also higher. To bridge the large gap between the supply and demand for these homes, began in a fairly aggressive development for high-rise housing.
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