Indonesians people are looking for London homes

Indonesians people are looking for LondonThe latest data from the primary residential market in London. Read more ... » homeshttp://www.propertyMau tahu bentuk tanah kavling. Read more ... »-report.com. A report by Knight Frank stated that more Indonesian millionaires are looking for a secondSecond home property tax in France canceled. Read more ... » homeSecond home property tax in France canceled. Read more ... » in LondonThe latest data from the primary residential market in London. Read more ... ». Knight Frank also stated that LondonThe latest data from the primary residential market in London. Read more ... » is now the favorite distention for Indonesians after SingaporeSingapore on Inflation decline. Read more ... ».

“Interest from Indonesian-based purchasers in LondonThe latest data from the primary residential market in London. Read more ... » propertyMau tahu bentuk tanah kavling. Read more ... » increased by over 100 per cent last year,” said Knight Frank’s Asia PacificReal estate market in Asia Pacific. Read more ... » Research Manager, Nicholas Holt. “IndonesiaIndonesia Independence Day. Read more ... » moved up two places last year in Knight Frank’s rankings of Asian buyers in LondonThe latest data from the primary residential market in London. Read more ... » from 11th in 2010 to 9th position.”

Holt also said that one reason wealthy Indonesians like the idea of buying an overseas propertyMau tahu bentuk tanah kavling. Read more ... » in LondonThe latest data from the primary residential market in London. Read more ... » is the weakening value of the British pound against the rupiah over the past few years.

“This has made London propertyMau tahu bentuk tanah kavling. Read more ... » relatively cheaper for Indonesians,” says Holt and the typical propertyMau tahu bentuk tanah kavling. Read more ... » bought by Indonesian buyers in London is new-build, with an average value of £375,000 (US$597,212).

According to Overseas Property Professsional, most Indonesian buyers also see London as a safe-haven investmentProperty investment in Bali. Read more ... » and demand outstripping supply is also just another reason London has become a prime location.

London is expected to see 374,110 new households by 2020, while the number of current residentialBali residential project. Read more ... » units with planning is 214,825 and units under construction is 43,357.

The study also found that even though SingaporeSingapore on Inflation decline. Read more ... » remains the most preferable location for Indonesian-based propertyMau tahu bentuk tanah kavling. Read more ... » buyers, the country’s recently introduced additional buyer’s stamp duty is having a cooling effect on property interest.

OPP reported that in December 2011, the SingaporeSingapore on Inflation decline. Read more ... » government imposed ABSD for private property and foreigners will have to pay 10 per cent of ABSD on any purchased property.

“Even though developers will be absorbing some of the ABSD and the burden will not fall completely on the purchasers, it will still have an affect on the number of transactions,” Holt told OPP.

According to Knight Frank, Indonesians are among the top three property buyers in SingaporeSingapore on Inflation decline. Read more ... » after China and Malaysia. In 2011, Indonesians bought 1,714 properties in SingaporeSingapore on Inflation decline. Read more ... ». In the first quarter of 2012, the number was 137.

“In high-end properties, those priced $1 to $ 5 million, Indonesian purchasers are ranked secondSecond home property tax in France canceled. Read more ... ». In fact, we estimate that Indonesians spent Rp 1.5 trillion (US$165 million) on property in SingaporeSingapore on Inflation decline. Read more ... » in 2011,” said Holt.

Sources : Indonesians people are looking for London homeshttp://www.property-report.com/indonesians-looking-for-london-homes-20333

Category : Property News

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