Indonesian Political, Business & Finance News

Real estate business growth need control

| Source: JP

Real estate business growth need control

JAKARTA (JP): The rapid growth of housing complexes in the
greater Jakarta area, comprising of Jakarta, Bekasi, Tangerang
and Depok, badly needs effective supervision in a bid to avoid
further serious problems.

Speaking to reporters in Bandung, West Java, over the weekend, an
expert on urban development from the Bandung Institute of
Technology, BS Kusbiantoro, said that many complexes built in the
area have already surpassed the capacity of the available
environmental system and infrastructures.

Kusbiantoro, the institute's director for Urban Development
Research Center, said that the mushrooming of housing complexes,
developed next to many busy highways, caused heavy traffic jams.

As can be seen from most advertisements, real estate developers
like to build their projects near the toll gates of highways in
order to attract buyers.

Kusbiantoro told the Antara news agency that the speedy growth of
estates also affected the management of the city.

"In term of infrastructures, for example, local authorities face
difficulties in maintaining services," he said.

The complexes have grown so rapidly, its as if the developers have
no idea concerning the future of the area, he said.

Kusbiantoro also observed that the increasing number of large-
scale real estate complexes in the greater Jakarta area will cause
difficulties for the smaller-scale housing complexes in the
provisions of clean water and management of traffic flow and
security.

Based on the above symptoms, he said, his research center urged
all related authorities to give instructions about the proper use of
land and seriously control the growth of housing complexes in the
area.

Bekasi police chief Lt. Col. Hari Pribadi shared Kusbiantoro's
view, saying that the increase in crimes recorded as well as heavy
traffic jams in Bekasi are mainly caused by the incredible growth of
many properties here.

Moreover, he said, many local residents sell their land and houses
to buyers from Jakarta but did not put their profits in the banks.

"This condition has led robbery and theft with violence in the
regency," Hari explained. (bsr)

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