Friday 12 July 2013

How Bali Real estate took over other campaign in 2013



With the start of New Year Bali real estate market 2013 and half way traveeled already it’s been noticed a hike in the domestic investment. Compared to last year, when more domestic buyers invested in the real estate market and it turned out to be true. Also, in the time of global financial crisis, Bali being the root - Asia was domesticated itself from an investment standpoint.

The recent market survey report shows that over 80% of the transaction in the real estate market is Indonesians. Again, in the last year while most of the real estate investors were Australians, Koreans, Japanese and Malaysians, this year Indonesians have overtaken their market. There are two types of buyers in Bali Properties for Sale, namely lifestyle buyers and investment buyers. The former are usually interested in the condo hotels. These kinds of people belong to that category who either wants to have a second home and the latter are ones who love investing in a hotel brand. Later, they eventually want to go and use it.

In the Indonesian market where the domestic buyers have become more active many prefer to be lifestyle buyers and come from rising inspirational middle class in Surabaya and Jakarta. According to the current market trend a 4 months’ time is enough to sell a Bali Apartment for Sale or villa. Conversely, the condo hotels sell within one month or even less. Because of this discrepancy, between the two markets, Bali condo hotel market is still a risky investment. And as soon as people fail to get guaranteed return they will put the property back in the market and you will get a resell market.
According to the experts, this is inevitable, and it will probably happen in the next 6 to 12 months and expected for more dramatic shifts in the Bali real estate market during this year.

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