The property market is expected to resume its activity though in gradual following the victory of incumbent Joko “Jokowi” Widodo in the April 17 presidential election. Although opposition leader Prabowo Subianto sued the results announced by the General Election Commission (KPU) on May 21 at the Constitutional Court, we assess that Jokowi now possesses a strong mandate to follow through on his main campaign pledge of continuing to develop and complete massive new infrastructure projects.
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