Non - Nationals May Be Allowed To Buy Property

19-12-2006 - Properti - By admin

Andi Haswidi, The Jakarta Post, Jakarta

The government seems likely to issue a long awaited regulation next year allowing non-nationals a restricted right to own some forms of real property, such as apartments, in a move that is expected to further fuel the growing property market, Indonesian Chamber of Commerce and Industry (Kadin) chairman Muhammad S. Hidayat said Friday in Jakarta.

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