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This year, there has been a reduction in the supply of primary housing in the Greater Jakarta area (Jabodetabek). - Photo BID

Gloomy Outlook for Property Business

Residential property sales are expected to decline further next year, driven by the planned VAT hike to 12% and the persistent weakening of middle-class purchasing power.

Yanita Petriella
Yanita Petriella - Bisnis.com
Sabtu, 7 Desember 2024 | 18:00
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