The trend of rich people buy property abroad

Investing in real estate is quite promising. Indonesian rich people willing to spend in order to buy the property both at home and abroad. Nowadays, a lot of rich people buying property abroad has become a trend.

The goal, in addition to investment is also used as a shelter needs of their children school abroad. Let's see what his trend as summarized

reason purchases
Managing Director of PT Indonesia Xynergy Realty Yosie Alansa revealed, the upper middle class Indonesian buying overseas property for investment needs and education of children it has become a lifestyle trend.

"Usually the diversification of foreign property purchase, rather than lease the school for their children buy their own mending. Much is also to invest. Trend is the people we started on out, buy property outside," said Yosie to detikFinance last week.



Generally, he said, the people of Indonesia, especially the upper middle class prefers foreign property types such as Singapore and Australia.

Although the price is relatively expensive, but the prospect of growth in the country's property is quite promising.

There are some countries that are excellent rich people in Indonesia to buy residential property abroad. Some of the reasons, in addition to lower prices there is also a practical reason as a matter of close proximity, school child needs to ease financing problems including low interest loans.

"It's the rich Indonesia to buy property abroad, but this trend has been from the first actually," said CEO Leads to detikFinance Property Hendra Hartono, Tuesday (14/10/2014)

According to the rich Indonesia has begun investing in overseas property it already happened a few years ago. However, the current trend of the re-occurring due to conditions in the Indonesian property prices had soared up.

"Countries that became the target of this property business is America, Singapore and Australia," he said.

However, Anton said, in terms of return on investment or return on investment (ROI), market abroad, one in Singapore is no better than Indonesia. Of these factors, it is better Indonesia.

"Up to 30-40% it is almost difficult. Still possible that here. On the outside it is not too high," he concluded.



The price More Expensive But Still Purchased
Indonesian people still like to spend money to buy property overseas projects, although the price could reach three times more expensive than at home.

Head of Research at Savills Property Consultants Institute PCI, Anton Sitorus said the current rich people in Indonesia like to buy a property project in particular apartments in Singapore, Malaysia and Australia. In these areas, the price of apartments can reach 3 times more expensive than in Jakarta.

"If in Manila, Bangkok may now prices similar quality, the same that Singapore can be up to 3 times the price here," said Anton to detikFinance, Tuesday (10/14/2014).

Anton pointed out, for a luxury apartment project located at the primary point of the city, for example, apartment prices have reached USD 2 billion more.

"If there was multiplied by 3 to Rp 6 billion," he added.

The high prices did not dampen them with enough money to buy an apartment overseas. Due to various reasons such as investment assets, security, prestige and other reasons, they still buy the property projects overseas.

Anton added, this time, the rich in Indonesia is still one of the biggest consumer purchasers of apartments in Singapore, Malaysia and Australia. On the consumer side of Russia and China.

"Most employers," he concluded.