Commercial People - MIPIM 2015!

Hello, Commercial People Indonesia! It’s Friday! However, Commercial People are bustling in each of our offices at the moment as agents are rapidly rolling onto our sites with their latest property listings.

• www.commercialpeople.co.id is looking luxurious as numbers of serviced apartments are for sale – Nothing but gorgeous homes! Also available are offices throughout Jakarta and much, much more different properties across the country.
• On www.commercialpeople.co.uk, Instant Offices have over 2,000 serviced offices across the UK – It is guaranteed there is an office available in your desired location. This is alongside many more other agents, surveyors and brokers listing in every Commercial People category from development sites to healthcare properties.
• Over at www.commercialpeople.co.za, there are a wealth of farms available, complimenting the stunning natural beauty of South Africa. To go with this, business spaces are also on offer including retail, trading and storage space. If in search of a new home instead, the residential listings on our South African sites are all from friendly and ideal locations for your livelihood.
• What ever business you are planning in India, the correct space is definitely on www.commercialpeople.in. Perhaps you wish to buy? Or rent? Not a problem, both options are available, suited for your needs and your business. There are also so many brand news home available for you to settle down in, even homes still under construction and you could live there first! Just make sure don’t delay, get your enquiries in soon -Visit our websites now.

You’ve probably seen our informative posts on Facebook, Twitter, Linkedin, Google+ and now, Instagram. But did you know we have individual pages on each social media platform for each country Commercial People have launched in? Commercial People will always keep you up to date with the latest listings and hot news across the property industries. Check out our sidebar to the left of each country’s blog for each respective country’s social media links.

So what’s next? 

Newman PearSons International

Hello, Commercial People! Newman PearSons International of Jakarta, have a range of commercial and residential properties for sale or to rent! Find your ideal space by visiting http://www.commercialpeople.co.id/author/newmanpearsons/

Have a fantastic weekend!

Property groups focusing on healthcare

With health concerns growing amongst Indonesia’s increasing middle class, property groups are also increasingly looking towards the health care business to boost recurring income.

At present, there are 2,337 hospitals scattered throughout South East Asia’s most populous nation, of which just over 30% are private hospitals, as reported by the latest data from the Health Ministry.

Amongst the privately operated are Siloam International Hospitals, opearted by Lippo Karawaci, one of the major listed property developers in Indonesia.

Lippo Karawaci has risen to be the country’s largest private hospital operator following its investments in health care services starting to pay off.

Second Marriott Courtyard opens in Bali

Marriott International has established its second Courtyard branded property in Bali.

Marriott Bali Seminyak’s new Courtyard is a 290 room hotel situated in the Seminyak area of the island, nearby the beach.

Described as an ‘urban oasis’, the hotel offers a variety of rooms with private terraces or balconies, as well as a bar and restaurant, a large lagoon-style pool, 24-hour fitness centre, a kids’ club, plus banqueting and conference space for up to 350 people. Free Wi-Fi is also offered and the hotel has shuttle bus services to the beach and close by entertainment areas.

Another novelty feature of the recent property is an electronic board in the lobby, informing guests on hotel facilities, nearby attractions, flight schedules, a local map and general news.

Marriott’s vice president for Indonesia, Australia, Malaysia and Singapore happily explained that Seminyak, Bali is one of the trendiest locations for business as well as leisure travellers.

Marriott Bali Seminyak is the second brand opening in Bali after the Courtyard by Marriott Bali Nusa Dua. It is the 31st Courtyard hotel in Asia.

Foreign developers keen on Indonesia's property market

A number of foreign developers have laid eyes on Indonesia’s property market owing to the country’s massive population and economic growth of 5.5% - the highest of South East Asia.

It has been reported, investors from China, Korea, Malaysia and Singapore have expressed interests in extending property businesses to Indonesia. The property project types they are interested in, vary from residential projects including apartments to commercial projects, such as shopping centres and industrial estates.

For example, the Singaporean based Pacific Star Holdings Pte Ltd., intends to manage one property project in the Sudirman Central Business District (SCBD) in Jakarta and another one in Bali.

This is as they cited data from the United States Trade Department, highlighting that Indonesia quarters the world’s fourth-most populous country with 253.60million people, as the reason for investing towards the country’s property sector. It selected Jakarta as the project site, owing to the city’s profitable nature for property development.

Brand New Promo Video!

Happy Friday everyone! Commercial People have been cheery and busy, busy, busy in the office working on the upcoming websites and projects including this...

Visit www.commercialpeople.co.id, there are some elegant apartments on offer!

Also, visit www.commercialpeople.co.uk, Acorn Commercial have uploaded more properties!

Keep following us on all our pages, including Facebook and Twitter! You'll be first to find out which countries Commercial People will be launching in next! Thanks for all the likes and follows!

Also, don't forget... You saw the above video first! Like and share if you enjoyed!

Have a great weekend! 

Cinema Developments! Boosting the film industry of Indonesia

The Lippo Group of the Riady family plans to develop 1,000 screens within five years across the country, under its Cinemaxx brand. They will first focus on second and third tier cities before looking into major metropolises including Jakarta.

The large firm, with interests in real estate, media, retail, healthcare and hospitality, is in good place to develop Indonesia’s exhibition infrastructure, owning shopping malls with political links essential for the job.

During recent months, deals have been signed with technology providers including Barco, Dolby Atmos, GDC and Masterimage 3D, this is as well as the firm also developing its own giant screen brand, MegaMaxx. The CEO of Cinemaxx announced at the recent CinemaCon of goals to offer state-of-the-art technology with first-class amenities.

International real estate firms looking into Asia Pacific!

Numerous international real estate firms are wagering on the Asia Pacific region for global expansion and growth.

TIAA Henderson Real Estate (TH Real Estate), a London based property investment manager, recently announced plans to support its foothold in Asia.

The joint venture firm, managing approximately USD71billion in assets and properties globally, has commenced business in Asia with USD550million worth of projects. This is through U.S. based financial services firm, TIAA-CREF and Henderson Global Investors of the U.K. Commercial properties included will be found in Shanghai, Tianjin and Foshan, Guangdong of China. The company is also in negotiations with its regional collaborator, Fingen Group’s real estate arm, RDM Asia to develop luxury retail centres throughout Asia.

The firm has announced for news over upcoming 18 months relying on partnership, acquisition and organic growth.

Sydney based developer, Crown International Holdings Group, is also growing in Asia, having recently established a marketing and sales office in Singapore. This is following after establishing two offices in Indonesia over the recent 11 months. The group has plans to establish another office in China, in Shanghai or Hong Kong.

Chinese-Indonesian architect, Iwan Sunito, the co-founder and CEO of crown, has revealed Asian real estate has grown substantially over the last six months. The recent Singapore office is to become the company’s centre for South East Asian investments, catering to emerging property markets including Malaysia and the Philippines.

Furthermore, Oslo, Norway based Norges Bank Investment Management, intends to enter at least two Asian markets, implementing its global strategy to concentrate on ten to 15 investable cities throughout the globe.

Norges Bank’s real estate fund is one of the world’s major sovereign wealth funds with prime properties in Germany, London, New York, Paris and Washington DC, with a reported 11.8% investment returns last year, according to Bloomberg Businessweek.

Indonesia hotspot for hotels - Hilton opening several hotels throughout the country!

 

Jakarta’s booming economy associated with an active domestic travel market, has made Indonesia a hotspot for hotels. The Indonesian Hotels and Restaurants Association’s latest data forecasts that there will be 50,000 new supplies, raising classified rooms available in the country to over 200,000 by the end of this year, compared to 171,000 at the end of last year. If non-classified hotels are taken into account, the total of supplied rooms during 2013 stands at 431,000.

Commercial Property stocks have gained highest profit this year

The Indonesia Stock Exchange have revealed that investors who concentrated on property, infrastructure and banking stocks have gained the highest profit so far this year, standing out as Indonesia’s top performers. All sectoral indices contained within the benchmark stock index of Indonesia, referred to as the Jakarta Composite Index (IHSG) have also shown good performance. Indonesia's IHSG has grown by 16.14% during 1^st January to 26^th May, this year.

The property sectoral index of Indonesia grew by 28.15% between 1^st January and 26^th May, followed by the financial (up 23.62%) and infrastructure (up 17.99%) sectors. With the exception of healthy general economic growth, the property and infrastructure sectors gained a boost from the political agendas of two presidential candidates – Prabowo Subianto and Joko "Jokowi" Widodo. Both candidates target accelerated infrastructure growth, with improved quantity and quality of infrastructure, whereby investments in real estate and property become more attractive.

Jakarta leading property investment destination

Major development within the property sector of Jakarta during recent years has led to the capital city being acknowledged as one of the leading property investment destinations in the world.

Jakarta was recently titled the hottest spot for prime real estate in the world, for a second consecutive year, reported by Knight Frank property consultant.

The Global Cities Prime International Residential Index (PIRI) report, tracked the luxurious property markets of 30 cities around the world.

West and South Jakarta promising for high rise building development

 

Leading global commercial real estate firm, Colliers International, has expectations for South and West Jakarta to become high potential regions for the development of high rise buildings including offices. The firm explained that the capital’s infrastructure development plans, particularly new road construction, are the major reason as to why prospects of property development have become more promising within T.B. Simatupang (South Jakarta) and Kebon Jeruk (West Jakarta).

The Jakarta Outer Ring Road, which will link Kebon Jeruk (West Jakarta) and Ulujami (South Jakarta), is expected to aid businessmen in efficient travel. State-owned toll road operator, Jasa Marga, aim for the 7.67km road to be ready for operation by the end of June 2014.

T.B. Simatupang, known as the new Thamrin (the central street of Jakarta's Central Business District), is strategic in location owing to its proximity to the toll road (with direct links to seaports, airports and the Tangerang and Bekasi industrial estates, both situated just outside Jakarta).

Colliers International’s data suggest that base rental rates for offices within T.B. Simatupang will increase to USD $20 per square metre, each month, with purchasing prices starting at IDR30million (USD$2,608), per square metre.

Indonesia's Close Ties with the EU!

Today, an estimated 6,351 Europeans reside in Indonesia, with 13.8% settling in the country. This is according to the Ministry of Manpower and Transportation report on May 10^th. Indonesia’s economic boom and the advent of the European Union have led to increased cultural exchange and strengthened ties. According to the Indonesia Diaspora Network report December 2013, 185,512 Indonesians made the Old Continent their home; this is in addition to around 700,000 people of mixed or Indonesian descent within the Netherlands.

Indonesia central to ASEAN - High potential for international trade

The three day World Economic Forum (WEF) on East Asia 2014 commenced in Manila yesterday, receiving over 600 leaders, entrepreneurs and thinkers together.

Issues will be discussed, including the optimal way to compose the 10 member Association of South East Asian Nations for the ASEAN Economic Community planned for next year, which is to allow freer flows of capital and lower trade barriers.

Collectively, the ASEAN member states structure one of the largest economies of Asia, with gross domestic product (GDP) at approximately $2trillion and a population of over 600million people.

Indonesia, the largest economy of South East Asia, may benefit from freer trade under the AEC. Its automotive sector rival’s Thailand’s, as it assembles and ships vehicles locally and internationally. Japanese vehicle producers have recently been raising their investments in Indonesia, acknowledging the demand for cars, motorcycles and trucks remains strong. The nation’s youth population, alongside low labour costs makes it an appealing investment location for overseas companies including the Foxconn Technology Group, who produce the iPhones and iPads for Apple.

Environmentally friendly Jakarta

Environmentally friendly Jakarta – Car free day.

Zero Energy Architecture is on its way to becoming the next hot trend in the sustainable energy market. It aims to design zero carbon design buildings that generate the same amount of energy used throughout the year.

These green buildings utilise a number of features to maintain the net zero energy consumption, such as solar panels, tinted windows absorbing only light and no heat, geothermal energy, as well as others, varying across different building designs.

Boost in Indonesian ceramic sales thanks to Indonesia's growing property sector

This year, Indonesia’s property sector has experienced 10 to 15% growth, which in turn has boosted ceramic sales! This is as the construction sector also grew at an annual 7% during 2009 to 2013. The revenue of the Indonesian ceramic industry is currently IDR34trillion (USD$3billion), with approximately 85% to be generated through domestic sales and the remaining 15% by international exports.

The Indonesia Ceramic Industry Association (ASAKI) have mentioned of a major correlation between property growth and national ceramic industry expansion. The association claims almost every household owns a type of ceramic product.

 

 

Indonesia is the sixth largest ceramics producing country in the world, following Brazil, China, Spain, Italy and Turkey. Indonesia quarters 80 factories for 35 ceramic producers, providing employment to approximately 200,000 individuals. Last year, the ceramic production capacity was 1.4million² daily.

Property investment volume increase in Asia Pacific

This year, Cushman and Wakefield assume that the Asia Pacific’s markets will continue to strive, parallel to the rising worldwide economy and growing domestic demand.

The gradual rise in property investment within the Asia Pacific supports the assumption – Cushman and Wakefield predict a 7 to 8% increase in the activity.

The Asia Pacific region saw an increase in investment within all areas of the Asia Pacific in 2013, with a 25% increase delivering a volume of US$568.6billion at the end of the year, equivalent to 48% of the global market.

Cushman and Wakefield concluded that rises would continue for at least two years as economic growth results in growing demand within the property industry, which in turn pushes rent higher.

Indonesia's Matahari Department Store gains profit rise of half

One of Indonesia’s major department store operators, the Matahari Department Store, has revealed their profit has risen by half during the first quarter of higher sales, owing to higher spending amongst middle income households.

This is as net income between January and March rose to Rp123.1billion ($11million) - an increase from Rp82.2billion during the same quarter last year. Same store sales (which have been established for at least a year), rose by 9.3%.

The Matahari Department Store claims they continue to be positive across trading for the rest year, as they experience continuing strength in top line growth motivated by the increased disposable income in their targeted customer group.

Matahari owns 125 stores across 61 cities of Indonesia.

Commercial People also advertise retail property – You can make profits too.

Asia's Hotel Sector is Growing!

Just a reminder that Asia’s tourist and hotel sector is vibrant at the moment! Yes, that includes Indonesia! Bangladesh has the highest expected supply growth at a whopping +261.1% and Indonesia is one of the six Asian countries with over £30% room growth expected:

• Mongolia - +77.4%, with 975 extra rooms

• Myanmar - +67.5%, 4,109 rooms

• Sri Lanka - +51%, 5,204 rooms

• Bhutan - +46.7%, 78 rooms

• Indonesia - +35.7%, 53,100 rooms!

• Philippines - +30.7%, 13,078 rooms

Indonesia and Asia may need to you to search for your hotel commercial property on www.commercialpeople.co.id soon!

International Companies Setting Up in Indonesia

Red Hat Inc., an American company, is going ahead with plans to open an office. This is as the company claims Jakarta has large market potential for its products as well as business development opportunities. This is due to the growing country, population and economic projection, with an active open source community.

The January report of the International Data Corporation (IDC) Indonesia, also played a major factor in Red Hat’s decision to establish an office in Jakarta.

The IDC Indonesia reported that during 2013, a paradigm shift was experienced as it was acknowledged that IT played a crucial role in gaining productivity and efficiency amid near rising competition and costs.

The Indonesian government established a campaign, ‘Indonesia, Go Open Source’ (IGOS) during 2004, promoting the use of open source software, to prevent the use of illegal software.

It has been said that Red Hat Indonesia is focusing on financial service industries and government organizations this year.

Red Hat is just one of many international companies setting up bases in Indonesia – Simply because their market in all sectors are looking good. So why not start your business in Indonesia too? Invest and search for your property.

www.commercialpeople.co.id