Retail News CRM

Tag: rumah

  • Singapore apartments main target of Indonesian property investors

    Singapore apartments main target of Indonesian property investors

    Indonesian property investors would prefer to go to Singapore if they want to invest in apartments and to Australia to buy houses to be leased out, a survey has said.

    Profit, better guaranteed, is the main reason for investing abroad, the survey Property Affordability Sentiment Index by Rumah.com said here on Sunday.

    Country Manager of Rumah.com Wasudewan said the Indonesian investors chose to invest in Singapore on better infrastructure, stability and security that would be needed by the would be tenants.

    Property Affordability Sentiment Index is an annual survey held by Rumah.com in cooperation with research center Intuit Research of Singapore. The survey involved 1,030 respondents in November-December 2016.

    “Singapore has good transport access locally and internationally. For that Singapore has received an appreciation as the Best Location in Asia for expatriates and the 25th best in the world, according to a survey on Quality of Living by Mercer early this year,” Wasudewan said.

    The results of the surveys matched data from Cushman & Wakefield, an international property consultancy company, which said that in the first half of 2016, Indonesians bought 189 property buildings of various categories in Singapore, or a 23 percent increase compared with the same period in the previous year.

    Purchases by Chinese and Malaysians declines, but purchases by Indonesians rose 19 percent in the second quarter of 2016.

    According to property company Propnex Realty Pte, as quoted from PropertyGuru.com.sg, which handles the sales of luxurious condominiums OUE Twin Peaks in the Orchard Road, Singapore, the developer of the condominiums has succeeded in disposing of almost 50 percent of 86 units built in the first phase at a price of 4 million Singaporean dollar per unit and Indonesians are the main foreign buyers, Wasudewan said.

    He said growing number of Indonesians buy property abroad as technology makes it easier to have information about market in other countries. Indonesians buy property abroad especially in Singapore for commercial purpose.

    Lees ook:

    Lees ook:

    Lees ook:

  • Singapore’s PropertyGuru acquires Indonesia’s RumahDijaul

    Singapore’s PropertyGuru acquires Indonesia’s RumahDijaul

    Earlier today, Singaporean start-up PropertyGuru announced it has acquired one of Indonesia’s largest real estate portals RumahDijual for an undisclosed sum. The deal is the latest of PropertyGuru’s acquisition sequence in Southeast Asia. It comes not long after the firm snapped up ePropertyTrack in July, following a S$175 million ($124 million) investment in June from a consortium of three backers including Emtek, one of Indonesia’s largest media companies. The island nation is PropertyGuru’s second biggest market in terms of traffic.

    Founded by Indonesian Yohanes Aristianto, RumahDijual translates to English as ‘house for sale’, which makes the site almost priceless in terms of search engine optimisation in Indonesia. The acquisition of RumahDijual, coupled with PropertyGuru’s Rumah, emboldens the group to now claim market leadership in Indonesia.

    The group says 43% of all time spent on property portals in Indonesia is accumulated on PropertyGuru, almost double that of its closest competitor, which we know to be iProperty Group’s Rumah123. Rumah and RumahDijual now claim combined traction of 5.5 million users and 30.2 million monthly page views in Indonesia.

    “Indonesia is strategically important for PropertyGuru because it is the largest, and one of the fastest growing property and digital markets in Southeast Asia,” says Steve Melhuish, CEO and co-founder of PropertyGuru. “Together with our local partner, Emtek, we have earmarked tens of millions of dollars in the coming years to bring further innovations to the Indonesian market and help solidify our market leadership.”

    Lees ook: