When Tax Amnesty Policy Impact on Property Sector
When Tax Amnesty Policy Impact on Property Sector
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JAKARTA - Government's policy for hold repatriation funds deemed able to boost the real estate business mainly residential living such as apartments and houses. This is caused because one of the instruments offered by the government is allowed to invest in the country and the most profitable investment is an investment in the property sector.
"The government is being aggressively for tax amnesty. This will have an impact. The property sector will be excited," explained Sales and Promotion Department Head 'The Elements', Evelyn Widjaja at 'The Elements' apartement progress press confrence in Jakarta, recently.
Estimated, a new tax amnesty policy will take effect on the property sector next year.
"Meanwhile, related to the repatriation of assets, the impact is three months ahead because the businessman still reckoning," said Commercial Division Head of Sinarmas Land, Stephen Hartono Adji Putro.
Evelynn added, would be many benefits to be gained investors who invest in the property sector. First, soaring property values. Second, investment in property sector will also add the value of the lease.
"Because getting the double benefit that we can get the value of the property and get the rental value," said Evelyn.
For property value apartments in Jakarta today, expresses very high, about Rp36 million to Rp42 million per square meter. As for rents an apartment which has two bedrooms around USD2,000 to USD3,000 per month and has three bedrooms approximately USD3,000 to USD4,000 per month.
'The Elements' itself is an apartment project built Sinar Mas Land. The apartments were offered 'Luxurious Living' is composed of two apartment towers Rp1.5 trillion in Region Epicentrum Superblock Kuningan, Jakarta. Total of 372 apartment units began to be marketed at a price of Rp43 million/square meter.
Evelyn assess the price set Sinar Mas Land is cheap when compared with other competitors.
"Competitors usually (selling premium apartments) Rp70 million/meter," said Evelyn.
The apartment building has been started since September 2015. Currently, construction is already up to the eighth floor, on the 32 floor plans for the first tower and 39 floors for tower II.
"We target until the end of the year could reach 50 percent, 14 percent or less means more," she explained.
"The government is being aggressively for tax amnesty. This will have an impact. The property sector will be excited," explained Sales and Promotion Department Head 'The Elements', Evelyn Widjaja at 'The Elements' apartement progress press confrence in Jakarta, recently.
Estimated, a new tax amnesty policy will take effect on the property sector next year.
"Meanwhile, related to the repatriation of assets, the impact is three months ahead because the businessman still reckoning," said Commercial Division Head of Sinarmas Land, Stephen Hartono Adji Putro.
Evelynn added, would be many benefits to be gained investors who invest in the property sector. First, soaring property values. Second, investment in property sector will also add the value of the lease.
"Because getting the double benefit that we can get the value of the property and get the rental value," said Evelyn.
For property value apartments in Jakarta today, expresses very high, about Rp36 million to Rp42 million per square meter. As for rents an apartment which has two bedrooms around USD2,000 to USD3,000 per month and has three bedrooms approximately USD3,000 to USD4,000 per month.
'The Elements' itself is an apartment project built Sinar Mas Land. The apartments were offered 'Luxurious Living' is composed of two apartment towers Rp1.5 trillion in Region Epicentrum Superblock Kuningan, Jakarta. Total of 372 apartment units began to be marketed at a price of Rp43 million/square meter.
Evelyn assess the price set Sinar Mas Land is cheap when compared with other competitors.
"Competitors usually (selling premium apartments) Rp70 million/meter," said Evelyn.
The apartment building has been started since September 2015. Currently, construction is already up to the eighth floor, on the 32 floor plans for the first tower and 39 floors for tower II.
"We target until the end of the year could reach 50 percent, 14 percent or less means more," she explained.
(rnz)
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