Property developer have mixed results in the third quarter (Q3) of 2017, reflecting that overall property markets are yet in their recovering phase. The Indonesian Central Bank (Bank Indonesia/BI) reported on Wednesday (Nov 1) that the lending for housing improved along with the loan to value (LTV) policy relaxation and the aggressive interest promotion by banks. BI said lending for housing and apartment reached Rp393.8 trillion per September of 2017, grew 10,4% year on year (y/y).To subscribe please click here
