Until the end of the second quarter – and 2012, a total of 3688 completed condominium units. This adds to the cumulative supply of condos to be 93 846 units, or 4.5% higher when compared with last quarter. Thus the results of research conducted by Cushman & Wakefield Indonesia.
According to Arief Rahardjo, Senior Associate Director of Research & Advisory Indonesia Cushman & Wakefield, a total of 13 new projects launched and will be completed in stages until 2015. “Thus, the cumulative total to 57 947 units of condominiums coming,” Arief said in a press release received Rumah.com.
The projects are:
Central Green (Tower Cerberra)
St Moritz (New Presidential Suite Tower)
Grand Center Point (Tower D)
U Residence (Tower 2)
Green Bay Seaview Tower L
Sherwood Residence (Tower Regent)
Scientia Residence (Tower C & D)
Providence Park Apartment
The Gianetti Apartment
One 8 Hotel
Northland Ancol Residence
SOHO @ Podomoro City
Condominium sales price continues to rise. At the end of June 2012, the average selling price of condominiums in the CBD reached Rp 23,106,618 per m2, up 12% from the previous quarter.
Until June 2012, the sale of condominiums built in Jakarta and surrounding areas reached 95.3%, up 0.4% from a year earlier and up 0.2% over the first quarter of 2012. In addition, the occupancy rate stands at 66.2%, up 1.8% from the previous quarter.
Meanwhile, sales of pre-sales rate reached 61.6% with 22 274 units remaining unsold. The figure shows an increase of 2.7% from the previous quarter, up 2.5% from 2011 last year. Pre-sales activities of the upcoming projects is dominated by middle-class projects, or about 65.52% of total transactions.