Foreign Ownership Would Triple Indonesia's Property Sector, Says Industry
buying an apartment in the best of circumstances is a bit of a gamble. in indonesia, with the complete lack of a responsible maintenance culture, the average foreigner would be mad to buy.
even indonesians don't like them. although there is a perception among indonesians that people who live in apartments are "high class", a cursory examination of any established apartment block in the evening reveals that very few are actually occupied! rich indonesians buy them as "investments", but never actually live in them. at best, they are used as dumping places for useless relatives, or as love nests for their concubines.
even indonesians don't like them. although there is a perception among indonesians that people who live in apartments are "high class", a cursory examination of any established apartment block in the evening reveals that very few are actually occupied! rich indonesians buy them as "investments", but never actually live in them. at best, they are used as dumping places for useless relatives, or as love nests for their concubines.