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Latest News

11 February 2025
Broker Gives Warning: Take These 3 Steps Before Buying Property
Jakarta, CNBC Indonesia - The case of house demolitions despite having ownership certificates (SHM) that occurred in Cluster Setia Mekar Residence 2, Tambun Selatan, Bekasi has recently attracted attention. So how can one avoid becoming a victim of a similar case?
The Chairman of the Indonesian Real Estate Broker Association (Arebi), Clement Francis, gives tips for the public who want to buy property with secure legality. First, ensure that the legal validity or legality is complete, then check the track record of disputes.
Ask the certified property agent, ask if there are any issues in this area? Second, check the surroundings for any past disputes, because a big fire starts from a small flame; it will be revealed when there is already a fire but it is still being covered up. Third, check with government agencies because they know the area, who issued the permits, was it the government?" said Clement to CNBC Indonesia, quoted Tuesday (11/2/2025).
The government is reportedly going to require property agent certification. That obligation will be included in the revision of PP 5 of 2021 concerning the Implementation of Risk-Based Business Licensing. Property agents or Property Brokerage Companies (P4) will be upgraded from low risk to medium to high risk.
"Broker should be asked, which office are you affiliated with?" That means there is a legal entity, it's better to find a real estate agent who has a legal entity, right? It's easy to track down in case of fraud and such, rather than a corporation, where would you look for them? "If anything happens, there is a legal entity," said Clement.
"If a random person is to be searched for, where would you look?" Indonesia has 270 million people; if they are registered, there will be data records for those who are registered. Property agents look for certified ones, not motorcycle taxi drivers who may or may not understand," he continued.
People who buy property assets must also ensure that all processes run smoothly, for example, by confirming with the Land Deed Official (PPAT).
"First, the agent checks, then the legal standing of the PPAT or notary. For a land sale transaction to occur, there is a broker, then an agreement, and it goes to the PPAT, who checks with the BPN. So, it ultimately goes to the government, and the BPN issues the certificate," said Clement.
https://www.cnbcindonesia.com/news/20250211123933-4-609702/broker-kasih-peringatan-lakukan-3-langkah-ini-sebelum-beli-properti

30 January 2025
The Younger Generation is Increasingly Interested in Buying a House Instead of Renting, This Developer Offers Attractive Products
Liputan6.com, Jakarta The 123 Property Recap 2024: The Youth Moves report from Rumah123 shows a significant change in the younger generation's interest in property. If previously they tended to prefer to rent housing, now more and more people are starting to consider the importance of owning a home.
The report also noted that 75% of property seekers on Rumah123 came from the younger generation. Rumah123 divides the younger generation segment into three age groups, namely 18-24 years, 25-34 years, and 35-44 years. Meanwhile, house seekers from the older age group, namely 45-54 years, are in a separate group.
Marisa Jaya, Head of Research at Rumah123, explained that Rumah123 noted an interesting phenomenon related to preferences for searching for landed houses based on age. For landed houses, both the younger and older generations tend to prefer buying houses – both new and used – rather than renting.
"In general, landed houses priced at IDR 1 billion - IDR 3 billion are the favorite among all age groups, followed by houses priced at IDR 400 million - IDR 1 billion," he explained.
Rumah123 also notes that Indonesia's young generation in 2025 has great potential and will continue to grow, especially as prospective first home buyers who are trying to make their dream home a reality.
Welcoming this great potential, PT Lippo Karawaci Tbk (LPKR), the leading real estate and health service platform in Indonesia, continues to accelerate sales of a number of superior projects in the Lippo Village to Park Serpong areas.
John Riady, Group CEO of Lippo, revealed that in the third quarter of 2024, LPKR managed to record pre-sales of IDR 4.25 trillion, which reached 79% of this year's target.
"This achievement was driven by continued sales of affordable landed home products from previous launches, such as Cendana Homes, XYZ Livin, and Waterfront Uptown, as well as the new launch of the Zen series in Park Serpong and (22/1/2025).
Pre-sales of IDR 4.25 trillion also showed an increase of 26% compared to the previous year, reflecting market demand.
Specifically for pre-sales in the Lippo Karawaci area, which includes several flagship projects in the Lippo Village area to Park Serpong, it was recorded at IDR 3.19 trillion in the January-September 2024 period.
https://www.liputan6.com/bisnis/read/5891718/generasi-muda-makin-tertarik-beli-rumah-dibanding-sewa-pengembang-ini-tawarkan-produk-menarik

12 December 2024
‘Shocking’: Rough sleeping rises 33 per cent as housing crisis escalates More than 280,000 Australians have become homeless in the past year.
Homelessness in Australia has reached “devastating levels”, according to new data from the Australian Institute of Health and Welfare (AIHW).
In total, 280,100 people received assistance from specialist homelessness services in 2024.
The number of rough sleepers has risen 13 per cent in the past year, and 33 per cent in the past two years.
A staggering 31 per cent of people who needed emergency or short-term accommodation didn’t receive it.
“This is a humanitarian crisis and these shocking new figures must be a wake-up call for governments across Australia,” Kate Colvin, CEO of Homelessness Australia, says.
“We are failing people at every turn – more families, workers and older Australians are being pushed to breaking point by skyrocketing rents and a broken housing system.”
The people at the greatest risk of homelessness are women and domestic violence survivors.
Sixty percent of people who sought help from homelessness services in 2024 were women, and two in five clients had experienced domestic or family violence.
“We knew it was bad, but this data shows us it’s getting even worse,” Colvin says.
The states with the starkest increases in rough sleeping were Queensland and Western Australia – the same states that have seen the highest spikes in rent and house prices.
Queensland saw a 51 per cent increase in the number of people sleeping rough. In Brisbane, house prices rose 14.8 per cent over 2024 – more than twice the national rate.
In Western Australia, rough sleeping rose 35 per cent off the back of a 25.3 per cent annual increase in Perth house prices.
“This is no longer a challenge for just the most vulnerable – working Australians and families are becoming homeless,” Calvin says.
“It’s time for leaders to step up and ensure no one in Australia is left without the support they need to keep a roof over their head.”
https://www.domain.com.au/news/shocking-rough-sleeping-rises-33-per-cent-as-housing-crisis-escalates-1341338/