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COVID-19 pandemic and how long real estate assets value will hold in Indonesia?

"Many people will agree that COVID-19 is not a “black swan event” but rather a fit to an event that occurs “once in a hundred years.” The appearance of COVID-19 has been long predicted by the scientist, and this is not the first time in human history such flu pandemic ravaging across the continents around the world. The social and economic impact of past pandemics has been written in the history book, and we can learn not to fall into the same situation as our ancestors, although now we realized it is not that easy."

Following the aftereffect of the COVID-19 pandemic, there are two important issues that we should ask: how will such a situation impact our real estate assets value and what we can expect to see and anticipate when the ground shifts to make way for the “new normal” in the future?

Our “new normal” might not be entirely unknown. Fair chances that it would be only temporary after all. However, we should be wary about things that could happen during the transition period that may disturb our economy.

Once more, we are delighted to publish our internal views about Indonesia‘s real estate industry that is primarily guided by human history and some basic real estate principles: COVID-19 pandemic and how long real estate assets value will hold in Indonesia?

You can also read and download the PDF report in English and Indonesian from the buttons below. Should you have something to say about this topic, we would like to hear it from you!

Author: Restaditya Harris

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