Ownership of Property
Shifting base to another part of the world needs some getting used to especially for an ex-pat. Buying property in various parts of the globe is interesting for people who have money to invest. There is nothing like looking at Asia in this regard, as you get to experience a different facet of what life has to offer. For instance, homes for sale in south Jakarta maybe expensive but the overall cost of living is not that high. The problem with ownership of property by a foreigner may not be feasible because of restrictions by Indonesia. This is slowly opening up but the price is quite mindboggling and has more or less remained a constant as per what has been opined by well-known real estate aficionados; one has to be willing to shell out about 1200 US$ per sq meter.
Commercial and Residential Hubs
This area is one of the most happening parts of the country because of the shopping area. You can buy varied items ranging from internationally famous brands to the local creations from the region. Since some of the shopping malls like Block M Mall, Pondok Indah Mall, Blok M Plaza are in the area, residential districts have sprung up with a wide range of restaurants and supermarkets. They cater to the localities as well as foreigners. Naturally, while scouting around for a home, families automatically need to figure out the best international schools nearby, and Lebak Bulus offers comfortable housing complexes. Everyone knows that the standard of living is not that high, but do not take this for granted and expect that things are easy on the purse. Like various parts of the world, you get the upper echelon opting for a certain area, the middle income in another part and the lower income groups in another.
