| 29.04.2009 - Jakarta properties hit by crisis in Q1 |
| From Thejakartapost.com: Jakarta's property market has been hit by the impact of the global financial crisis since the first quarter this year as demand faltered, real estate services firm Jones Lang LaSalle says. Demand for office, retail and residential spaces slackened as companies reportedly rescheduled or delayed their expansion plans, and housing loans remained expensive despite the central bank's aggressive cut, affecting investors’ appetite......Full Article: Source |