{
    "success": true,
    "data": {
        "id": 1585596,
        "msgid": "iran-us-israel-conflict-delays-filis-developers-plans-for-new-projects-1772578643",
        "date": "2026-03-04 05:00:00",
        "title": "Iran\u2013US\u2013Israel conflict delays Filis developers' plans for new projects",
        "author": "Hilda B Alexander",
        "source": "KOMPAS",
        "tags": "",
        "topic": "Property",
        "summary": "The escalation of tensions between Iran, the United States and Israel prompts caution in Indonesia's property sector. Colliers Indonesia warns that negative sentiment could dampen demand, leading developers to delay launches and focus on selling existing stock, while projects already under construction proceed to protect cash flow.",
        "content": "<p>The escalation of the conflict between Iran and the United States\n(US) and Israel is starting to inject caution into the domestic property\nsector. Global uncertainty, which fuels negative sentiment, is seen as\nable to restrain demand, so developers may delay launching new projects.\nHead of Research Colliers Indonesia, Ferry Salanto, said the potential\ndelay in project expansions could occur if market demand slows due to\nnegative sentiment. \u2018The third delay is when market demand slows due to\nnegative sentiment. Typically developers would likely hold off on\nlaunching new projects,\u2019 Ferry told Kompas.com on Monday, 2 March 2026.\n\u2018Thus, we won\u2019t see many new project launches. Because developers are\nmore focused on selling the remaining units or space that is still\navailable. So the focus is on selling existing stock,\u2019 he explained. In\naddition to delaying new product launches, developers are also said to\nadjust strategies to sustain the business, notably by controlling\nconstruction costs. \u2018They also usually adjust the specifications of the\nbuildings to control costs,\u2019 added Ferry. However, for projects that\nhave already entered the later stages of construction, these generally\nproceed as planned, in order to safeguard cash flow. \u2018For projects that\nhave advanced into the later stages of construction, they usually\ncontinue because they have to maintain their cash flow,\u2019 he added. Thus,\nthe market slowdown due to global conflict has more impact on strategies\nfor launching new projects and managing the existing stock, while\nprojects already underway tend to continue.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/iran-us-israel-conflict-delays-filis-developers-plans-for-new-projects-1772578643",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}