Residents of Singapore have traditionally been the main players in the local real estate market after the Indonesians themselves. There are even large developers from Singapore who create projects specially tailored to the needs of the foreign public. The Ascott Group is the largest representative.
Our company receives a significant number of inquiries from residents of Singapore. Recently, they all became especially active on news about the opening of the island.
Therefore, in the very near future, our theory of deferred demand will be tested in practice.