Indosyncrasies

[fastpitch17]

oooh ... does this thread have to go down that path as well...

Look at it. It's not a path. It's a fact religion is bsed on superstitions and there is a strong relationship between all of it here. Anywhere you find strong general life affecting supersticious beliefs you find strong religious beliefs. Not just here and not just Islam. You could be a worm worshiping beach bum who stronly believes in tidal superstitions. Doesn't matter. They intertwine in ease of accepting each other.

If one is going to talk superstitions, one is hard pressed to leave out religion. You chose to not live in fear. Unfortunately many many others chose the opposite path.

 

[jstar]

.
For me it is still incomprehensible that compensating the family members of casualties, seems to be enough to protect someone from accusations after committing a severe traffic offense.

Okay, the judge could take it into account in defining the punishment, but to not even start an indictment?

 

[jukung11]

Originally Posted by wombat
Property developers advertising their properties crossed out the old price and replace it with an even higher price in the hope of hurrying potential buyers to jump in. Now I would have thought to sell quickly at a given supply one need to reduce prices to increase demand, not increase them. A wierd marketing tactic

They want to make people believe that the value of the land is rapidly increased (and will be more) therefore the price goes higher.

This looks like a hold over attitude from a people that have experienced some of the worst hyperinflation in the past. Very interesting marketing that would work more on Indonesian experiences.

 

[Jaime C]

People would rather pay $100, when marked down from $140, than just $100 straight. I've tracked sales for my own websites.

 

[fastpitch17]

People would rather pay $100, when marked down from $140, than just $100 straight. I've tracked sales for my own websites.

That's just normal marketing. Like how 1,000ml sounds bigger then 1 litre, and Rp999 isnt noticed in a price. Rp999,999 seems a lot more appealing then 1juta.

 

[merahputih]

This looks like a hold over attitude from a people that have experienced some of the worst hyperinflation in the past. Very interesting marketing that would work more on Indonesian experiences.

The mother of my friend has just bought a house last year in Surabaya. The real estate company gathered all the early buyers to sign the sales and purchase agreement (is it the correct term?). On the first round, buyers who bought 6 or more houses were called to a long table to choose plots of land that they wanted. There are 8-10 marketing officers and each served a customer. When one customer was ready with some of all his/her choice, the marketing officer behind the table raced to the site plan drawing to make the cross mark. It felt like 'lomba bawa kelereng' in 'acara 17 Agustus-an', chaotic and funny in the same time. The second round for buyers who bought 3-5 houses. Third round for buyers who bought 1-2 houses.
When it's all done, the company revealed the plan of a new cluster, and the new offer was begun.That's the first time I've ever heard such way of choosing houses.

 

[steveandpenny]

Oh

 

[jstar]

The mother of my friend has just bought a house last year in Surabaya. The real estate company gathered all the early buyers to sign the sales and purchase agreement (is it the correct term?). On the first round, buyers who bought 6 or more houses were called to a long table to choose plots of land that they wanted. There are 8-10 marketing officers and each served a customer. When one customer was ready with some of all his/her choice, the marketing officer behind the table raced to the site plan drawing to make the cross mark. It felt like 'lomba bawa kelereng' in 'acara 17 Agustus-an', chaotic and funny in the same time. The second round for buyers who bought 3-5 houses. Third round for buyers who bought 1-2 houses.
When it's all done, the company revealed the plan of a new cluster, and the new offer was begun.That's the first time I've ever heard such way of choosing houses.

This you see all the time for new apartment projects as well. Big projects in Jakarta get 30 or more sales reps who serve the hundreds and hundreds of potential buyers. Often there is a pre-reservation where you need to pay 10 juta to participate in the selection. They return the money if you don't make a choice.

If they expect a lot of interest, they create multiple sessions on a day, and give (just like boarding on a plane) a number to all customers, in a group. So you can be B-12; the 12th person in the second group. As usual, money talks of course; if you want to buy 5, you get first choice.

And the developer itself already reserves the most interesting ones.

 

[waarmstrong]

Sounds like a crap shoot with house using loaded dice.

 

[jstar]

That's how currently most real estate profits are made though. Not buying land and waiting for years. They often sell even before the unit is built; the second and third phase towers are always more expensive so they attract those customers.

 

[waarmstrong]

That's how currently most real estate profits are made though. Not buying land and waiting for years. They often sell even before the unit is built; the second and third phase towers are always more expensive so they attract those customers.

I know the drill, but its an uneven playing field, even for the local speculators, and certainly for the Indonesian just looking for a place to live.

 

[Davita]

It seems Indonesians will sit on property that isn't selling rather than take whatever they can get and move on. In my area in Bali developers have built 4 villas in a cluster. They were finished over a year ago and are still empty with withering 'for sale' signs. The villas already show signs of needing maintenance.

Jakpost recently advertised a Realtor's Seminar in Jakarta being held today...marketing Bali property. They boast that Bali is now a buyer's market and how much profit can be made.

I believe there is much greater supply than demand but no astute investor, or home purchaser, will offer the prices asked which haven't changed since the heady-days when Bali was enjoying huge property gains...mainly due to influx of Russian dirty money and Jakartans hiding theirs.

if Indonesians are not willing to bargain the realistic price...then the market stagnates. If the Gov't was willing to loosen property rights that might stimulate the market and better prices could then be met.

 

[jstar]

Yes, even in a Jimbaran you see quite some newly built or emply plots for sale.

 

[jstar]

For those who have never seen a local message chain on WA, FB Messenger, etc.:

They use the word Mba(k) in practically every sentence in which they address each other.

Not only younger girls talk to each other this way, also the ibu ibu.