Knight Frank Asia Pacific's regular bulletin designed to tell audience about the market, services and local contacts of Knight Frank businesses around the region and provide guidance on who to contact for any questions or referrals.
In this edition, Managing Director of Knight Frank Asia Pacific, Kevin Coppel interviewed Willson Kalip, Country Head of Knight Frank Indonesia. Indonesia is a hugely prospective market with a relatively young population of 280 million people, abundant natural resources and a growing tech sector.
The interview discussed several key opportunities in Indonesia's real estate market:
Industrial
The lower land and labour costs in Central Java are attracting an influx of foreign manufacturers to relocate or develop new factories in the area.
Hospitality
As tourism recovery strengthens, there is strong interest in prime hospitality assets with stable cash flow.
Redevelopment
Flight to quality and higher yields in the face of growing competition is expected to drive the potential redevelopment of ageing office buildings to be ESG-compliant.
Living Sector
Demographic shifts, lifestyle changes and the need for affordable housing are creating new investment opportunities in the living sector.
Don't miss out on the conversation by watching a full interview here.