The real estate market is the economic sector that involves the buying and selling of infrastructure such as buildings either for residential purposes, business premises, and the industry segment. Like any business sector it is susceptible to the economic forces of supply and demand. The main people involved in this field include the owner, renter, developers, renovators, and the facilitators.
This sector has a number of characteristics that are specific to it. Real estate is durable since the buildings can last for many years while the land it stands on is indestructible. As a result the supply is composed of a large share of already pre-existing stock and a tiny percentage of new development. Thus the stock varies in price only according the deterioration, renovation, and the new development coming up.
Stock in this sector could be referred as heterogeneous since every piece is unique. All buildings are different in terms of the location they are situated in, their structure and design as well as how they are financed. Change in this field takes quite a long time. This is as a result of the long duration involved in financing and construction of new property.
The real estate has the very unique feature in terms of the buyers in this market. The property can be purchased either as an investment with the expectation of earning returns or as a consumption good with the thought of using it. Individuals could also invest in the market for both reasons whereby they use the property for a while before selling it at a profit. As a direct result of its dual nature, there is a high demand since individuals tend to over-invest in this sector.
Immobility is yet another characteristic unique to this sector. The properties as well as the land it lies on are both immobile. As a result there is no physical market place meaning one has to go to where the property is situated. Therefore this issue makes location a prime factor before investment.
The main factor in demand for property is demographic, that is the population size and growth. The demographic composition plays a huge role in determining the demand and as a result the price. The performance of the economy also affects the performance of the sector since it plays a role in the ability of investors to take loans and mortgages for financing their business ventures. Naturally, the pricing determines the level of demand in the sector.
There are a number of ways to finance investment in the real estate market from government and commercial institutions. Financial aid can be obtained from commercial banks, savings banks, mortgage brokers, life insurance companies and other financial institutions. However, the best practice still remains getting funding from your own savings.
In view of the recent real estate market crash it is best to follow some guidelines. As a buyer ensure that the price you pay for the property matters a lot as well as the ability to dispose of the purchase later down the road. If not it is advisable to downsize your mortgage to be on the safe side. As a seller, identify when it is the right time to put your property on the market in order to avoid low offers.
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We start our business as Indonesia furniture exporter in 1993 and growing rapidly until now. We declare ourselves as a manufacture and exporter company with legal entity as PT in Indonesia and similar to Public Limited Company (PLC) or an Ltd in the United Kingdom, Ireland or the United States. Aspects of Law and Administration we have had since inception of this company’s proofing our seriousness and commitment running this business.
WISANKA Indonesia which is consist of five divisions covered seven products range Indonesia wooden furniture, indoor teak, Indonesia rattan furniture and natural fibers, classic furniture, outdoor furniture, synthetic rattan , decorative lighting and hospitality furniture supplier. The idea is to be one-stop shop by offer multitude furniture product range to our clients moreover to create the opportunity for the company to sell more products.
We believe skill and depth knowledge of furniture are the main foundation for everyone in this company. By those strength and supported with premium design, we will deliver “value” to our customers. We would like to create wide target market not only limited for wholesaler and retailer but also projects including hotel furniture project, villa project, housing project or event restaurant project unexceptional private house and government office. During our 20 years existence in Indonesia Furniture Hotel Suppliers Wholesalers industry those target market is complete adequately.
Hotel and Resort Project Premier Line is well-versed hotel & resort furniture. We have furnished several hotel project in both Indonesia (Jakarta, Yogyakarta, Bali and Bandung) and countries abroad (Bulgaria, Sri Lanka, Jordan, Maldives, Bahrain, Austria, India, USA, Croatia, Panama, Australia, and UEA). Recognizing the essential between furniture and hotel industry, lead us to be well know hotel and resort furniture supplier
In wisanka, we are accustomed to serve various bedroom furniture for the needs of hotels with various levels ranging from 3 stars to 5 plus stars. there are various choices of material products as basic materials such as teak furniture, mahogany, natural rattan, and others. in addition we are also accustomed to work based on custom design wholesale furniture for hotels and resorts. Some of the best selling styles of furniture include modern bedroom furniture, classic luxury style bedroom furniture, contemporary and colonial bedroom furniture, antique reproduction bed sets, and more ...
do not hesitate to choose you as partner in supplying Wholesale furniture for hotel, restaurant, guest house or your resort.
WHOLESALE INDOOR AND OUTDOOR BAR, RESORT AND RESTAURANT FURNITURE SUPPLIER
This is the best place restaurant furniture supplier to find a wide selection of affordable outdoor furniture for your restaurant, bar, or resort. All of our outdoor restaurant furniture is specially designed for commercial, outside use. We're have restaurant tables and chairs, dining set furniture, outdoor bar furniture, park benches, cafe umbrellas, and more! So if you're furnishing an outside spot, we are sure to have what you're looking for!On top of having the capability to endure all types of weather, our outdoor hospitality furniture is always listed at low sale prices. If you're looking for affordable, quality outdoor furniture for sale, you'll be happy you stopped by! Striving to be your one stop shop, we also carry a line of indoor restaurant furniture, for all your shopping needs! Let us furnish your restaurant, bistro, or café from the inside out! If you have any questions, our sales team would be more than pleased to assist you. Email us now... SEND INQUIRY
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