For the past decade, Indonesia's real estate sector has experienced booming growth, contributing to the country's expanding middle class and national economic growth. To be more specific, the increasing demand is supported by increased consumer confidence.
The demographics are the envy of many countries, particularly in Jakarta, where the middle class is still rapidly expanding, and these are the foundations of underlying demand. Add to that the several high-profile infrastructure projects currently under construction, such as the Jakarta MRT and LRT projects, JORR2, and the Jakarta-Bandung High-Speed Rail, and the case for a turning market is made.
In Central Jakarta, skyscrapers dominate the residential, commercial, retail, hotel, and industrial real estate segments, particularly in the central business districts, as office spaces and apartments (CBD). However, Jakarta's residential real estate sector is growing as well.
Colliers, a leading real estate company that performs worldwide research, has said that the real estate market in Jakarta will continue to grow. These growths are aimed at people that want to live close to their work and young families that want to have shopping malls widely available. Also, Central Jakarta's great accessibility to public transport and its very strategic location make it one of the best areas for investment. The city center is by far the most popular place to live in Jakarta. Because most workplaces are in Jakarta's central business district, this is where most people want to live.
One of the best areas? Menteng, the old money neighborhood is peacefully located in the heart of a business city. Home to ex-ministers and descendants of a powerful family. On weekdays, you can drive your vintage Mercedes to your office in Thamrin, and on Sunday mornings, you can drive to a nice colonial cafe, all within a 15-20 minute drive.
Menteng gives you the feeling of being prestigious and exclusive, it's definitely not your everyday neighborhood, if you live in Pondok Indah, people will notice that you are wealthy. But if you live or invest in Menteng, people will notice that you are wealthy and powerful.
Want to be a part of the exclusiveness? We at Ray White Menteng are always ready to help and serve you for your property needs in Menteng. We're not just selling properties; we're also selling the best experience and services.
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