Batam property prices rise, thousands of

BATAM: limited allotment of land on the island of Batam has triggered the increase of land prices in the market to reach thousands of percent. This condition is caused property prices continue meroket each year. Batam Authority will be the return pentarifan Annual Cash Obligation Authority (UWTO) for the price disparity of land sold by the selling price with the developer.

"We see the difference in price between a high enough price UWTO with the selling price in the market. And this should be reviewed so that the difference is small," said Rusliden Hutagaol, the Bureau of Marketing and Public Relations Business Batam Authority said today.

Based on data UWTO Batam Authority, the land for housing in strategic locations such as Nagoya and Batam Center in the range of Rp35.500-Rp51.000 per square meter. While the price of land by housing developers in this town can rise thousands of times with a range of Rp1, 1 million-Rp3 million per square meter depending on location.

While UWTO to commercial activities in strategic locations in the range of Rp35.750-Rp93.250 per square meter. Selling price of land by developers can be between Rp4 million-Rp8 million per square meter. This condition is triggered increase property prices both home and shop in Batam continues to make slow ride. 50 types of house prices with a 105 m2 area in 2006 of Rp148 million and this year meroket become Rp160 million per unit.

Price depends on the location where the housing complex was built. For some strategic locations, the price could reach Rp200 million to the type and the same area.

Ulah Mafia
One source close to the developers said the high price of land due to the cost of housing investment to cultivate land that is ready to be very high.

"Fees kasat most of the cost of cut and fill, not to mention the location that must have ditimbun used to be more flat and ready to be marketed in the form of a housing complex. Fees not including the cost to the invisible land of the Mafia many roam the city, "he said.

Although the OB to see conditions that are not healthy, but the institutions that can not do much to control the selling price of land by property developers to the customer.

"We stand on the legal market, at the limited supply of land, then would not the price of land will continue membumbung high," said Rusliden.

OB is the study in order to make a difference UWTO price with the price a developer can be pressed may be small. However, what the format of the study was not described in more detail considering there is no more land that can be allocated on the island.

He said the remaining land can be handed to third parties only as much as five percent of the available land, and lands itupun problems such as not paying UWTO or not used again. "For the remaining land, we will apply the system to tender for interested parties to manage," said Rusliden.

OB propose to the interested parties to manage the land must agree on two things namely, the parties concerned should explain in detail the range of time lahana, the second, the parties will have to manage the agreed value plus tariff UWTO who are paid.
Source: www.bisnis.com

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