Market consists of property

Market consists of property, offices, shopping centers, apartments and rental property, and industrial areas tend to decrease in relation to the occurrence of slowing economic growth.

"Economy of Indonesia continues slowed 4.3 percent to 4 percent in the II quarter 2009," said Research Director of Cushman & Wakefield, Djafar lines in Jakarta on Thursday, when the performance of the property sector II quarter 2009.

He delivered, offices to rent akan going to rent a slowing demand, the demand for more space in the office with a less than 100 square meters.

This condition is estimated to be still ongoing in the short term future, although there are not affected rental prices tend to be stable even up to the end of the year 2009, he explained.

Meanwhile, outside Jakarta's central business area recorded five projects completed office development area, so add 50.00 square meters office space so that the entire 2.4 million square meters.

Then for shopping also experienced slowing economic factors other than the tenant pindahnya (tenat) to the locations where new shopping centers such as King of the Electronic Mall of India, Best Denki Pluit Village, and at the Electronic Solutions Pejaten Village, he said.

A number of tenant choose to wait before the results of elections, especially in business locations that new, different shopping centers at this time the campaign to stimulate sales, he explained.

Then for the apartment rent and the property also came down, it can be seen in the apartment belonging to a cumulative level of sales go down an average of 0.3 percent, he said.

Rusunami also called a drop as a result of permission issues bedampak disegelnya projects.

This weakened condition akan continue on the following kuratal, he explained.

Similar conditions also occur in the absorption level of the industry down 76 percent to 15.6 hectares from the previous absorption of 64.7 hectares, is the lowest in four years.