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Blue skies ahead for Indonesia housing market; Thai high-speed rail gloom

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Goh Ruoxue

Goh Ruoxue

Published Mon, Mar 4, 2024 · 11:43 PM
    • A helicopter flies over Indonesia's capital Jakarta. The nation’s housing market is expected to remain strong for the rest of 2024.
    • A helicopter flies over Indonesia's capital Jakarta. The nation’s housing market is expected to remain strong for the rest of 2024. PHOTO: WHITESKY AVIATION

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    This week in Asean:

    Dear BT reader,

    Despite the looming dark clouds of persistently high interest rates, Indonesia’s property market is anticipated to see blue skies ahead and remain resilient for the rest of 2024. Last week, we talked about Indonesia investors feeling more confident as stocks saw their sharpest increase in two months. Property investors have all the more reason for cheer. 

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