Residential expatriates, expect earnings extremely Rp 25 Trillion

Government policies that extend ownership rights for foreign shelter from 25 years to 70 years has been bringing in income that means. It is estimated as many as 10,000 foreigners will buy apartments in the upcoming 2009. If one apartment unit is Rp 2.5 billion, money that flows to Indonesia may reach Rp 25 trillion per year. "This is not including the cost of living, taxes, and the absorption of labor," said Teguh in the event MarkPlus Conference 2009, Thursday (11/12) at Pacific Place, Jakarta. 

Meanwhile, without expanding, the Chairman of REI also estimate the value of subsidized apartments bersubsidi will be increased from Rp 500 billion in the year 2008, to Rp 2,500 billion in 2009 

Teguh also estimate the growth of property in 2009, particularly housing, will experience growth of 20 percent compared to 2008. Currently there are 258 apartment tower in Jakarta, which are all ready in 2009. More broadly, Jamil said, people's party aka the general election in 2009, instead of negative impacts, actually help the economy in Indonesia, including the printing industry, food, flight, and others.

Source here: http://kompas.com