Listen to the Experts: Now is the Time to Buy Property

Listen to the Experts: Now is the Time to Buy Property
The property sector is said to be able to recover faster than other business sectors. This is inseparable because of the large market and community needs, especially for residential products. Therefore, the government issued various incentives to continue to encourage the performance of this capital-intensive business.

Various obstacles and business weakening, especially those caused by the Covid-19 pandemic, actually made the market situation more profitable from the consumer side. Various observers and property experts often say that this is the right situation to buy property products.

According to Era Indonesia President Director Darmadi Darmawangsa, the current property market situation has also become more stable with an increasing trend and that is a good indicator for people to buy immediately. Era Indonesia is a property brokerage company.

"Currently there are many facilities provided by the government, developers, and banks, so this is the right timing to buy. A stable situation with an increasing trend will make the property sector enter a booming period after the economic recovery,” he said.

Darmadi termed the property business situation as "blooming to booming" and to increase profits, it's best to buy during a transitional situation like this. When the property sector will experience its booming period, the various facilities currently applied will no longer exist.

The public must immediately take advantage of the government-borne value added tax (PPN DTP) stimulus which will expire at the end of this month. This incentive provides a 50 percent VAT facility which is an extension of the stimulus that was implemented since last year.

In addition, the transition situation in the property sector is also illustrated by a period of freezing of the market to a situation that is starting to heat up and that needs to be encouraged by various stimuli. Not only a stimulus from the government, developers and banks also provide various gimmicks so that the convenience provided is at the same time.

"That's why many developers hold gatherings to target sales at once or bulk sales. This is to accelerate the absorption of its products, which yesterday became stock due to the slowdown in sales due to the pandemic. This situation must be maximized by consumers to immediately buy because if this timing passes, the normal price will be charged and these convenience gimmicks will no longer exist,” he explained.



Source: https://www.rumah.com/berita-properti/2022/6/205158/hear-kata-ahli-now-saatnya-beli-properti