Strata title apartment market status is considered more prospective buyers to capitalize because of local-based, This year the rental apartment supply is predicted to be minimal. Developers are still cautious about launching a new rental apartment project. Because demand is reduced due to many foreign workers (expatriates) are drawn back to his country due to the impact of global financial crisis. While the absorption and the supply of apartment property (strata title) is actually increasing. For this segment rely more on local buyers. Coldwell Banker Research PT Indonesia says 2011 next to no new supply plan from the developer of rental apartments. Developer expected to still be careful to expand the segment of rental apartments has not followed the global economic recovery.
Since early 2009 many expats who pulled back from Indonesia to their home country due to reduced business activity, particularly in companies based oil and gas (oil), export-import, and manufacturing. So far, the majority of the absorption of rental apartments it is derived from foreign workers. “Positive, the absence of new supply coming up in 2011 would push the level of occupancy (occupancy) existing rental apartments.
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