The most important but hard decision is to make a choice in between selling the house or not. For the near future, capital values will increase by 5% as the festive period approaches. This matched the annual rate in 2000, which was 50% higher than ever seen previously. The projected supply for the rest of the year show, an increase of approximately 150 ha, coming from the expansion of Delta Silicon II, and part of Lippo Cikarang Industrial Estate.
The slowdown of the manufacturing industry has affected the demand for industrial estates. So long as the government is able to resolve the problems of political uncertainty, insecurity, and introduce investor-friendly policies (eg. tax holidays), demand for an industrial property should improve next year. Rents and Capital Values: Rental rates are stable at Rp.14,250 per sm per month and the capital values at Rp.590,000 per sm, unchanged from the previous quarter.
But if you want to live in a state of being on one choice then for that you should hire a property valuer from a reputed house valuations online from Brisbane Property Valuations Company which has a good reputation and also is a licensed company to provide and manage the valuation services among their clients and make them satisfied with their way of representing and making the clients satisfied. It will be a good choice for you if you hire the expert and licensed property values for performing your process of valuing your full property with concentration and also by applying their skills and knowledge to make the process end with successfully.
The local economy slowed down this quarter due to the global economy. GDP growth dropped to 0.5% in 2Q 2001 compared to 3.2% in 1Q 2001. Inflation was at 1.6% in 2Q 2001 and at 1.4% for the month of September 2001.
The residential sector continues to act as the front line sector. Softer sentiments are reflected in the market, buyers are increasingly selective and shown willingness to wait, except for certain areas where buying interest is still strong. The existing supply is 262,266 units, and future supply is 41,776 units. 1,586 units were launched, comprising 150 semi-detached, 18 detached and 1,418 condominium/apartments. Out of this, 1,033 units were sold, representing a sales rate of 65% for this quarter.
Prices were generally stable with a slight increase in some prime areas and the slight decrease in secondary areas. Rentals for landed and strata units remained stable. Strata units formed the bulk of new launches. Medium cost condominium/apartments units received a good response, but higher end condominiums performed poorly.