Among the developers believe the prospects property business this year will begin to improve, especially if the trend is sustained decline in banking interest rates.
Chairman of Real Estate Indonesia (REI) Eddy Hussy optimistic in general the economy this year will grow better, especially with the positive signals decrease in interest rates.
So far, REI estimates growth in the property sector this year may reach 10% to 12%, an increase compared to last year's realization that only about 7%. If there is a breakthrough from the Government, according to him, the realization of the growth could be higher.
He argued when bank rates later could penetrate the single digit level, certainly gives the benefits of serial for the economy Indonesia. He hoped the decline in BI rate quickly addressed the banking circles.
It's just that, easing interest rates hope Eddy supported relaxing the policy loan to value and mortgage restrictions indent.
He viewed the central bank's policy is relatively pressing property sector growth and improve the trend of purchasing property through installments directly to the developer or financing in house.
"This BI policy makes developers begin to rotate the brain, they entered to the credit in house. Actually we none who want to do that if the bank is willing to give credit, because the money was better developed into products other than on giving credit to the consumer, "he told the business on Tuesday
