May 17th, 2013
The Indonesian Society of Appraisers (ISA) has just issued a new valuation standard in 25 April 2013. The board claim that the standard adhere to the International Valuation Standard 2011 that is issued by International Valuation Standards Council in July 2011, and using references from other standards around the world, that is adjusted to the needs and condition of the valuation practice in Indonesia. This is the fifth edition of the Indonesian Valuation Standards (previous 2007), and will be called KEPI and SPI (Standar Penilaian Indonesia) 2013.
March 18th, 2011
As the capital city of Indonesia, Jakarta is bustling with commerce. The hotel market is one of the most productive income-producing properties in Jakarta. How is the Jakarta hotel market in 2010? Read on this property research piece, courtesy of Colliers International Indonesia.
January 10th, 2011
REIT or Real Estate Investment Trust is an investment vehicle (trust) that pool investor funds to purchase a portfolio of properties. A REIT may be sponsored by a property company that has already had a portfolio of properties and wanted to get more cash to purchase more properties. Normally, it has two unique characteristics: investment in income-producing properties, and almost all of its profits distributed to investors as dividends.
August 24th, 2010
As of now (October 2010), the appraiser profession in Indonesia is regulated by the Ministry of Finance with a regulation in the ministry level, namely PMK No.125/PMK.01/2008 tentang Jasa Penilai Publik. (right click and save as to download). However, lately in the appraisers community, and the government of Republic of Indonesia has realize the importance of having a Law in the country level to regulate this profession.
July 27th, 2010
So, you want to buy a piece of land in Indonesia? The first you should know is the land title you will get. Read this article first to know an overview of land titles in Indonesia.