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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