Property Observer of Indonesia Property Watch ( IPW ) Ali Tranghanda mention , the impact of election although not a major factor slowing the property market , but enough to make the developers do because of the efficiency strategy coincided with slowing property market there .
" The developers chose not to undertake further expansion through 2015 , " he said in Jakarta , Tuesday ( 15/04/2014 ) .
Conditions in this election year is a temporary condition of the property market . Although many people see that there is potential for improvement after the election , but it remains the property market takes time to reach a new equilibrium that is not necessarily directly increases .
( see also: vitamin burung cendet )
Ali said , the level of property sales in the first quarter of 2014 decreased to 49 percent or Rp2 , 35 trillion . Even for the upper middle segment is expected to decline even higher.
Since the beginning of 2013 , it predicts there will be a slowdown in the residential property market in 2014 and , following the already high price of property and enters the saturation of the market in early 2014 .
" Market cycle that occurs is a normal movement cycle after growth in property prices peaked in the second half of 2013 , " he said .