Bekasi Potential On Property Sector

Buy sell Property & Real Estate Investment Guide

Buying Property Tips#1: Choose the Right Location
Before you choose a location, it is of utmost importance that you consider the development prospect of the area. Other factors to consider here is crime record of the area, availability and nearness of public facilities and utilities.
Buying Property Tips#2: Study the Local Market Dynamics
It is important to get well familiar with the local realty market. Learn the variation in property prices by street. Don’t shy away from asking a few realty investment agents questions to get better insight on the matter.

Bekasi is a city located in the province of West Java, Indonesia. The city is located within the Greater Jakarta and become big city number four in Indonesia. Currently Bekasi developed to be residential urban and industrial centers.

Growth properties in the city of Bekasi, will continue in the days to come. Marked by the opening of new factories of the companies National and Multinational.

Bekasi, fully potential with growth for the property market is very promising. How not, in this region there are more than 1,500 industrial, domestic and multinational such as Japan, China, Korea, Thailand, Singapore, United States, and others who hire employees to managers of their respective countries of origin.

The existence of these expats be included the potential and added value that is not owned by the city of Jakarta buffer zone of the other. So the demand for residential properties and other facilities continue to grow significantly.

Buying Property Tips#3: Choose the Right Property
Getting the right property right away is quite unlikely. First, you need to be clear on why you want to buy an investment property. After that, you will be able to make right decision based on factors like remoteness or accessibility of the property.
Buying Property Tips#4: Do the Math Properly
Get a precise idea on the value of assets you have available. If you are investing in rental property, make sure you can easily cover the mortgage payment through rents. Additionally, get a clear idea on the appraisal value of the property beforehand.
Buying Property Tips#5: Consider Additional Expenses
When purchasing an investment property, it is not only the selling price that investors need to consider. There are various additional expenses such as property tax, home owner’s insurance, repair & maintenance that must be considered.

In Bekasi, there are an estimated 10,000 expatriates from South Korea and 5,000 from Japan. They need shelter not optimally met. Because, in Bekasi residential supply is limited.

As occupancy Bekasi including ideal, because property prices in this region is not as expensive in Jakarta. Bekasi also being supported either from the transport sector, the government provides the Bekasi city and inter-city buses in the city that carry passengers to various departments. KRL Jabotabek commuter trains majors Bekasi-Jakarta Kota transporting city residents who work in Jakarta. Also available also TransJakarta feeder bus from Kemang Pratama, Galaxi City, and Harapan Indah. And there will be a monorail that connects the East Bekasi to Cawang and Brass.

Bekasi Potential in property sector are remarkable. The growth of the middle class and the amount of investment in the industrial area (mainly manufacturing), automotive and consummer goods, effect on growth in demand for property. There are still a lot of available land in the city of jakarta, really support the growth of the property continues to grow rapidly. Can be seen from the number of new housing is built, Apartment, Business Center (Commercial) starting from the middle class down to the Executive area in Bekasi city today.

Buying Property Tips#6: Inspect the Property
To ensure that you are getting everything you are paying for, a thorough inspection of the property is essential. Besides ensuring that you are not overpaying, a rigorous property inspection also gives you a good estimation on what the additional expenses might be.
Buying Property Tips#7: Pick the Right Financing Option
While interests on investment property loans are tax free, some borrowing costs aren’t immediately tax deductible. Knowing that, and structuring your financing in accordance is crucial. Don’t hesitate to ask for help from a financial advisor.
Buying Property Tips#8: Invest through Equity
One of the best ways to purchase an investment property is to leverage the equity of another property (including your primary home). This is a preferable way among regular investors, especially due to added tax deduction advantages.
Updated: April 8, 2017 — 3:42 am
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