{
    "success": true,
    "data": {
        "id": 1763503,
        "msgid": "property-expert-predicts-boom-in-two-years-1780155299",
        "date": "2026-05-25 15:38:30",
        "title": "Property Expert Predicts Boom in Two Years",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Property",
        "summary": "Property expert Panangian Simanungkalit forecasts a property boom in two years, citing economic growth and commodity trends. He advises investors to act before prices rise, noting current market uncertainty. The government has extended VAT subsidies for property purchases until 2027 to support middle-class buyers and the sector's multiplier effect.",
        "content": "<p>Typically, following a commodity boom, a property boom follows.\nProperty expert Panangian Simanungkalit predicts a property boom will\noccur in approximately two years\u2019 time. \u2018My prediction is that the\nproperty boom will occur in about two years,\u2019 Panangian said in Jakarta\non Monday. He said that following the government\u2019s announcement of 5.61%\neconomic growth in the first quarter, this is the momentum for the\nproperty sector\u2019s revival in Indonesia. \u2018Typically, after a commodity\nboom, a property boom follows,\u2019 he said. However, he added, geopolitical\nissues have caused oil prices to surge and gold prices to rise beyond\nmany people\u2019s expectations. With commodities having risen and oil prices\nforecasted despite ongoing US-Iran negotiations, the economy is expected\nto stabilise within one to two months. \u2018Therefore, property typically\nfollows. Once currency stabilises, gold peaks and begins to stabilise\nand decline, and commodities reach their peak and stabilise, then it\nwill be property\u2019s turn,\u2019 he said. Panangian urged the public to seize\nthe opportunity to invest in property before the boom begins. \u2018Many\npeople say, \u201cWait until the market shows signs of recovery before\ninvesting.\u201d But by then, property prices will have already risen. The\nright time to invest is when people are still hesitant. Once confidence\nis high, it\u2019s already too late. Currently, people are still uncertain,\u2019\nhe said. In related news, Finance Minister Purbaya Yudhi Sadewa has\nextended the government-subsidised value-added tax (VAT) incentive for\nproperty purchases up to 100% until 31 December 2027. According to\nPurbaya, the measure will benefit approximately 40,000 property units\nannually. The extension aims to safeguard middle-class purchasing power\nand support the property sector, which has a significant multiplier\neffect on the economy.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/property-expert-predicts-boom-in-two-years-1780155299",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}