Jakarta market up in Q1 despite bad forecast
Bareksa • 23 Apr 2014
Pengunjung memadati stan Indonesia Property Expo di Jakarta Convention Center, Jakarta - (ANTARA FOTO/Puspa Perwitasari)
The “political event” did not affect property demand in Greater Jakarta in the first three months of 2014
The Jakarta Post - Property demand in Greater Jakarta remained high in the first three months of 2014 despite political tensions ahead of the April 9 legislative election, according to property consultant firm Cushman and Wakefield.
According to Cushman and Wakefield research and advisory head Arief Rahardjo, the election and a lackluster economy did not have a negative impact on the property market in the capital city.