Indonesia is an emerging global powerhouse in Asia. With the GDP US$1.15 trillion, it is the 15th largest economy in the world by nominal GDP.
Indonesia, located in Southeast Asia between the Indian and Pacific oceans is the world’s largest island country with more than seventeen thousand islands and is also the world's fourth most populous country. It has the fastest growing tourism sector in Southeast Asia.
While Indonesia’s macro fundamentals have been relatively stable, oversupply in the office market and patchy demand in the residential market have created challenging hurdles for unwary investors. This. however, may make Indonesia a perfect value opportunity for the informed as various indicators suggest demand will pick up in H2 2019. Additionally, an incoming millennial demand segment may create niche opportunities in the co-living and multi-family development spaces.
Opening of the first five-star resort signals growing fortunes for