Foreigners see per sector in the development of superblock

Arief Rahardjo, Head of Research & Advisory Cushman & Wakefield, said it was because of differences in demand and supply of the property market at a location so that foreigners are more interested to see per sector in the development of the integrated area. "First foreign developers look to him first, then consider the amount of the yield [yield]. Because of differences in the property market both demand and supply it, usually seeing more foreign entry per sector and on certain sectors such as housing and service apartments, office more by local developers, "said Arief Business when contacted yesterday. However, according to Arief, the current development potential superblock that is ready for cooperation between foreign investors and local developers are still very limited, while many foreign investors are interested in getting into Indonesia. "Today foreign investors are actively investing in Indonesia rather, many are already interested. But the potential is ready for cooperation is still limited. Even if there superblock projects are usually self-built by local developers, which is why we rarely see foreign investors invest in building a superblock," he added . Good Adikusumo, Director of Colliers International, said the current trend of business development in the international property investor indeed lead to the development of the superblock. The reason, system development can be established by several investors, also because there are savings in the cost of land acquisition

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