That is one method of investing, but not the only one....there are higher risk investment, but you got to do some homework....

So expensive one meh....

My lunch FOC, company give...

If work late get dinner claim as well...

Nowdays 'offspring' also cannot feed themselves after working, cannot rely them to give you pocket money. So better don't expect anything, and they might pester you to GIVE them money instead

Majority of youngsters rather spend money on gadget than contribute to home. They have friends, go clubbing, go yam cha, more or less they think their parents no longer 'cool'. When they become parents themselves then only they realize their mistake.

So it is critical to save up enough passive income for your own retirement without needing to rely on anyone.

This post has been edited by gark: Apr 6 2013, 12:39 PM

No enough money to buy must ask parents to sponsor property one meh?

Go rent ler while working and save up down payment like everyone else ler. I also lived in rented 'room' in low cost flat for first 5 years when i am first employed...

Children nowadays have easy life....

This post has been edited by gark: Apr 6 2013, 01:05 PM

A lot of people rent even though they have like 3 kids already.

Giving in so easily will spoil the kids, let them work for it will bring character which will last a lifetime.

That did not happen to me bought the property with my own money. I paid almost 40% downpayment.

You just gotta have to make sure your earning power moves faster than inflation.

I dont save the money in bank account per se, but invest it for good returns. From the returns become my dp.

This post has been edited by gark: Apr 6 2013, 10:06 PM

If you keep thinking like that, forever no need to invest in property. There are ways to improve yourself financially, but if you dont want to work on it and instead just gripe, no one can help you. Instead of just complaining why dont you try something and improve yourself financially?.

There are many people who have done it so it is not an impossible thing if you look at previous postings.

This post has been edited by gark: Apr 6 2013, 11:11 PM

Come on lah, it all depends on what you want. I am in jakarta and there are plenty of 100k to 150k apartments around the city centre.

Of course there is also 2 mil condo near kuningan, central park, senayan and gated community which land only cost 10k per m2.

It all depends on your expectation.s. if you only earn so much dont expect the sun and moon.

This post has been edited by gark: Apr 7 2013, 11:23 AM

If you want landed house, if you got the buying power then go ahead, if cannot afford then earn more... otherwise choose a cheaper accommodation.

For Avani BSD, what do you expect for gated community, with lush garden, water feature, club house etc etc? Try compare to Malaysia gated community and see if you can get anything below RM 1.5 million? Avani BSD is still in jabotabek, so it's consider within the city...

Anyway only idiots misinformed people will buy landed house in Jakarta outskirts, unless of course they like the traffic jam to and fro to city centre which can take 3-4 hours...on a multilane tolled highway... at speed of 10-20 kmh.

Complaining about high house price will not help you. It is the same everywhere.

This post has been edited by gark: Apr 8 2013, 10:00 AM

Price is crazy, jumped over 200% within 3 years. All pure speculation as you see all the houses, condo apartment are all empty. Bound to crash soon as the average salary of uni educated executive (freshies) Indonesian in in the median of RM 800-RM 1,200 per month. AND house loan is 9%-12% p.a.

My friend bought the 1000+ sq ft condo at Central Park, at Rp 1.5 Milyar a few years ago, now the selling price is Rp 3.5-4 Milyar.

1 Milyar = 1 billion Rupiah. = 310k RM

This post has been edited by gark: Apr 8 2013, 10:07 AM

Haha so many people interested in Jakarta property meh?

Basically you cannot take loan from local bank, the interest rate will kill you. (lowest is 9% p.a. and max 10 years only) Either you need to buy cash or pay by installment. Most developers gives interest free installment up to 48 months payment.

For bank look at BTPN.. very strong growth... , basically they charge interest rate of 15%-22% ahlong rate to small hawkers, pensioners, govt servants... really cut throat business. Company largest shareholder are americans...

Jakarta infrastructure is bad, very jammed, and god know why people want to stay/invest there... I still think inner city center condo next to shopping mall is the best bet...

But a word of warning, this kind of price increase is not sustainable over the long term....

Current fuel is Rp 4,500/litre cheaper than malaysia, later at most they will raise to Rp 6,000 per litre, not a biggie...

This post has been edited by gark: Apr 8 2013, 01:20 PM

1. Got strata title already lah....
2. Maintenance fees is expensive but good facilities... landed guarded also not cheap depending which area...
3. Hahah you want to farm on your high class guarded gated community meh? First time seeing it....

Hak guna is for foreigner, even landed house will also have hak guna only. If want hak milik then get you indonesian GF/wife to hold title for you.

Rp 500 million for guarded and gated and within Jakarta DKI? Empty land also you cannot buy...

If small apartment ok lar...

This post has been edited by gark: Apr 8 2013, 01:44 PM

No thanks to all rich/corrupt buggers in Indonesia snapping up houses with cash like no tomorrow. In the future Indonesian will have live in slum areas like 65% of Jakarta's residents like in penjaringan...

Expect every year month to protest to increase wages ....

This post has been edited by gark: Apr 8 2013, 02:13 PM

Chinese indonesians? If yes then you die lor.... what you say above very true......make sure you have enough $$$

Majority of Chinese Indonesians are very wealthy, and most of them store their money in Singapore. If you see them and they look normal, ie. townhouse, a family car, they actually have much of their wealth hidden away from public view. Most Chinese Indonesian are business men and their family have a few ongoing business. Sometimes they don't mind having a not-so-rich foreigner as their son in law. They are of looking at it is a ticket out for the family in case of problems in their country. They have gone though it before in 1997 and it burns an image in their minds.

Anyway work hard, Indonesia is a land of opportunities and being a foreigner/Chinese many doors will open to you. Have strength and have heart, donlt worry so much on the money, it will come on it's own.

I am Malaysian working in Indonesia lar.. I am sure leonhart88 also the same...

Ya... very smart... why didn't mention some years can fall -30% to -50%...?

That one is more or less the same as FD cause it is short term bonds. u want guaranteed put in FD.