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Indonesia property demand will cool: Jones Lang LaSalle

Monday, October 21, 2013 - 06:00

In the works: The number of completed condominiums slumped to 2,390 units for the three months ended September, which is down from almost 4,500 units in the previous quarter. - PHOTO: REUTERS

DEMAND for apartments and office space in Indonesia's capital is expected to come off the boil - ever so slightly - in the coming months as would-be buyers take a "wait-and-see" approach amid tougher lending requirements, the precipitous fall in the rupiah, and as they wait for the policies of

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