Bright future property Batam


Chairman of the Board Chairman Center Real Estate Indonesia (DPP Rei) Ir Teguh Satria said the government together with the related institutions such as Rei is currently revising the Government Regulation (PP) No. 1 Year 1996 About Land Rights, and PP No 41 Tahun 1996 About Rights and Use Rights Land Use and Building. In which the two PP is also set on use of foreign rights in Indonesia. ''This is our old perjuangkan. Hopefully in three months time, the revision is clear,''he said to the Batam Pos, yesterday via his mobile phone. Resolute in explaining the revision is the most likely time period of the certificate the right to use the property of foreigners will be extended 70 years. During this time, people only allowed to use foreign-use property rights in the country for 25 years. Then they allowed to extend the use of the right 2 times with the 20 and 25 years. If the''use rights 70 years, this will be the prospects for the property, especially in some large cities such as Bali, Jakarta, Bandung, Surabaya and Batam in particular,''he said.

He added that during this, so use right out 25 years, foreign residents must extend again so the certificate is not effective for foreign citizens. Then there is''already supporting the Act N0 25 of 2007 About Investment. Discussion of the PP so hopefully this year will be completed at the latest,''he said. In this new regulation that will be governed according to the Teguh better able to support the national property rights, particularly concerning the rights of land use and foreign citizens. During this word too kakau Teguh, criteria that can be foreign citizens are very limited only to foreign citizens who have long lived in Indonesia. Then''criteria or type of property would be purchased is also very limited,''he said ..

It also disampikan Secretary senada DPD Rei Batam Mulia Permadi. He was confident with the results of the later revisions, will open a wide market properties in the land of water compared with the existing rules at this time. ''If during this more complicated, their management will cost about the extension of the certificate may be increased after tens of years. Also, the administration of a relatively long time. Therefore, for this citizen of the foreign service more local property using the name of another person in the deal, "he said.

Mulia rate, for this business in the field of property is relatively less incentive to menggaet in berpromosi foreign citizens. "In addition, there are quite strict regulations set the rights of foreign property to use local services," he said. In fact, other countries enough incentive mengincar the berduit Indonesia to buy a residence in the world. He said, Singapore, Malaysia, and Australia are strong enough interesting people rich Indonesia, to use the property in the three countries.

"They have many interesting programs, such as Malaysia My Second Home," he said. While in Singapore, housing or apartment buyers from overseas will get the facilities out of Singapore free-entry visa. Sutoto states, regulatory constraints make the step can not do the same with other countries are. "Here, have a certificate that can only use the right of foreign citizens have a job or who have lived several years in Indonesia," he said. (MBA / www.kepritoday.com)

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