Agriculture is still important!

 

Two Indonesian companies have purchased Top End cattle stations in just over half a year. This goes to show that agriculture is still significant! This is as well as business in merchandise.

 

It is believed that Great Giant Livestock Co., the second largest cattle feedlot of Indonesia, has bought Willeroo Station from the Bruneian Sultan for $15.1million. This is as at the end of last year, the Japfa group of Indonesia, also known as Santori, purchased Riveren and Inverway for approximately $35million.

 

The Willeroo covers 170,000 in the South West of Katherine, estimated to hold a capacity of 22,000 cattle head. Following negotiations by Ruralco Property's Andy Gray and Steve Liebelt, the final deal included 17,000 cattle head.

 

A smaller property, also near Katherine is expected to be purchased by another Indonesian company in the near future, as Ruralco has commenced a marketing campaign to sell Moroak Station, also within the Northern Territory.

 

With agriculture still in play in South East Asia, why not search for your land or dream agricultural property at www.commercialpeople.co.id – Coming soon.

Latest Jakarta news brought to you by Commercial People

 

Great news in Jakarta, the city has been labelled as the ‘hottest luxury property market in the world’ for a second consecutive year, as reported by renowned property consultant, Knight Frank. Jakarta’s market was labelled the hottest out of 30 cities in the world, based upon having the highest increase in prices for real estate – an increase of 38% during the year 2013. This increase was almost exactly similar to the increase during 2012.

More great news for Indonesia, Bali followed not far behind as the third hottest luxury property market in the world, with a 22% gain - Perfect timing for the exciting developments under construction, within the city.

 

Thinking of investing in property? It is evident that Indonesia is the best place to start, so check out www.commercialpeople.co.id - Coming soon.

Indonesia leads Southeast Asia residential market, says Jones Lang LaSalle

Buoyed by a strong domestic demand for housing and increasing property prices, Indonesia is seen as the leader in Southeast Asia residential market, according to a new Jones Lang LaSalle report.

The 21 percent annual increase in prices recorded by Jones Lang LaSalle in 2012 suggests that the country’s real estate economy is on the rise, ahead of other emerging markets like the Philippines and Thailand.