According to a recently issued statement by the government, investors and property buyer overseas could soon have the ability to buy apartments through all of Indonesia.

Minister of finances, Bambang Brodjonegoro, was not forthcoming regarding a timeline and exact details. However an announcement was made regarding a relaxing of the restrictions for local property loans. Mr. Brodjonegoro also shared that his government was going to allow the ownership of luxury apartments with price tags of over $380,000US to foreign investors and buyers.

Bellewaters Sengkang

Agus Martowardojo, Bank Indonesia’ governor, shared with reporters that there was a possibility of a cut being made by Central Bank on One Sophia the loan to value ratio for auto and property loans, which could happen in this current month, and will allow buyers with down payments that are lower to be financed by banks for Bellewaters EC.

When pressed for more details regarding this …