JAKARTA – Industry, and logistics will be the most sought-after real estate assets in the Asia Pacific next year. At the same time, core and core-plus office space are the top investment preferences for investors globally, property consultancy Colliers said in its 2022 Global Investor Outlook Report.

With international capital flows likely to return after the progressive start of travel and activity, more investors are expected to implement the planned investment plans in 2022.
"Optimism in the Asia Pacific continues to gather momentum, and investors have a clear desire to expand their portfolios. Recovery volumes recovered to pre-Covid highs, and fixed asset operating performance is on an upward cycle," said Terence Tang, Managing Director of Colliers Asia. 

Also read: Property in Indonesia Chance to Soar

According to a survey report by Colliers, I&L assets are the most coveted in Asia-Pacific, with more than 20 percent of investors anticipating a 10 to 20 percent capital gain in value-added I&L holdings by 2022.

The core-plus office remains a popular asset class for regional investors in Singapore, Sydney, and Tokyo, Colliers noted.

The consultancy noted that 63 percent of respondents indicated they plan to invest in these assets compared to 54 percent last year.

"This signals confidence in and prospects for capital growth from this market, even as organizations experiment with remote and hybrid working models," the report said. The report also notes that multifamily properties continue to attract new investors across the region. However, entry is mostly through developments in China and Australia.

The government is still providing incentives for the Government Borne Value Added Tax (PPN DTP) at the end of 2021. The existence of this incentive is considered to be the right moment for those who want to buy property.
On the other hand, the Indonesian economy is moving towards recovery after the COVID-19 pandemic.

This was acknowledged by the President Director of Era Indonesia, Darmadi Darmawangsa. The VAT DPT facility is said to be very helpful for people who are looking for housing or investing in property.

Even the crisis period where people are worried about investing is the right moment to buy property.
"Property investment is attractive, but there is one risk: the wrong timing. Buying when the market is high is wrong. Currently, in times of crisis, people are usually afraid to buy something, and we take the opportunity, this is the right time," he said, Wednesday (15/12/). 2021).

Buying property when the government provides convenience will also be profitable because developers compete to offer various discounts and easy payment methods, mainly supported by a VAT subsidy of up to one hundred percent from the government.

No wonder property sales show a positive trend when almost all industries are under pressure from the pandemic.