The growing middle class, which more than doubled in size from 2006 to 2011, and traffic jams in Jakarta will further push demand for apartments, especially from young families or executives who work in the CBD. Photo: Bloomberg
The growing middle class, which more than doubled in size from 2006 to 2011, and traffic jams in Jakarta will further push demand for apartments, especially from young families or executives who work in the CBD. Photo: Bloomberg
Property /  International

President's development plans to boost housing market

President's proposals may boost Indonesia's real estate sector, writes Peta Tomlinson

Peta Tomlinson
Peta Tomlinson

Updated: 4:36am, 19 Nov, 2014

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The growing middle class, which more than doubled in size from 2006 to 2011, and traffic jams in Jakarta will further push demand for apartments, especially from young families or executives who work in the CBD. Photo: Bloomberg
The growing middle class, which more than doubled in size from 2006 to 2011, and traffic jams in Jakarta will further push demand for apartments, especially from young families or executives who work in the CBD. Photo: Bloomberg
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