Challenges in the Property Sector
📌 The primary challenge for property businesses, beyond incentives and purchasing power, is the long-term, non-liquid nature of property investment.
📉 Property value generally performs well during high inflation but lags when inflation is low.
🏛️ Political stability is the most crucial factor affecting customer confidence levels; instability causes property markets to stagnate despite potential price reductions.

Political Influence on Property Cycles
📅 Political events, such as general elections, significantly impact the property market, causing confidence indices (like the BI Index) to drop before the election and surge afterward (e.g., April/May following the first round).
🔄 The standard 8-year property cycle has been disrupted by COVID-19, leading to a "big reset" and a possible shift in cycle timing (e.g., from the 9th year to the 4th year).

Government Policy and Market Outlook
🏛️ Political momentum and clarity are necessary to invigorate the market, especially as high-net-worth individuals prioritize more liquid assets during times of uncertainty.
🏠 Proposed splitting of the Ministry of Public Works and Public Housing (PUPR) might provide momentum, but its effectiveness in solving core issues like purchasing power remains uncertain.
🚀 If political stability is maintained after the October transition and inflation continues to drop, the property industry is expected to take off and accelerate in 2025.

Key Points & Insights
➡️ Property is unique as the only basic necessity that simultaneously serves as an investment vehicle.
➡️ Political uncertainty causes immediate stagnation in property transactions, overshadowing favorable pricing.
➡️ The success of structural changes, like splitting the PUPR Ministry, depends on whether they directly address fundamental issues of consumer purchasing power and investment confidence.

📸 Video summarized with SummaryTube.com on Dec 15, 2025, 09:01 UTC