Southeast Asia | Hong Kong developer bets on rising Indonesian home market

Hong Kong developer bets on rising Indonesian home market

In 2015 the Indonesian government allowed foreigners to buy and own property for a period of 30 years, with chances to extend; but foreign buyers seem to be waiting to see if the policy is changed

November 21, 2017 1:31 PM (UTC+8)
The Indonesia capital Jakarta is a mix of modern buildings with village-like housing structures right in the center of the city. Photo: iStock
The Indonesia capital Jakarta is a mix of modern buildings with village-like housing structures right in the center of the city. Photo: iStock
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