Jakarta, Armfalcon.com – The appearance of the most expensive house in Indonesia immediately went viral after an advertisement appeared on one of the well-known buying and selling sites. Reportedly, the price of the house is not much different from the most expensive house in the Nassim Road area of Singapore.
From search second On the property buying and selling site Rumah123, a luxury house was found in the Pondok Indah area, South Jakarta, whose selling price reached IDR 1.2 trillion. As is well known, the price of the most luxurious and most expensive housing in Singapore’s elite housing area which has gone viral lately is IDR 1.4 trillion. It is clear that the price of the most expensive house in Indonesia is only IDR 200 billion.
Apart from rumah123, the appearance of the most expensive house in Jakarta can also be found on the property99.co trading site with a higher selling price, which is IDR 1.3 trillion.
Reportedly, the house has a land area of 10,792 m2 and a building area of 4,850 m2. There are 10 bedrooms and 14 bathrooms there, along with a basement, lift and carport that can accommodate 22 cars. This house is being sold in full furnished condition, the buyer will definitely get a Certificate of Ownership (SHM) consisting of 2 certificates 1.247m2 + 9.545m2.
The question is, how long can someone save to buy such an expensive house?
Is it reasonable to save up to buy a house of IDR 1.2 T?
Not just anyone who can certainly buy the house. If someone is able to allocate Rp. 100 million a month for savings, then Rp. 1.2 trillion will take him 1,000, aka one millennium!
Meanwhile, if the person concerned puts the funds into investment instruments, then within 33 years Rp. 1.2 trillion of funds can be collected with a note that the return on investment can reach 15% per year.
Even though there is no prohibition at all for someone to do this, is a house worth IDR 1.2 trillion something that fits the person’s financial goals?
A financial goal must of course be relevant to the life of the person concerned in the sense that it can provide financial-related benefits in the future.
With current assets of IDR 1.2 trillion, instead of buying a house entirely, one can divide it into various instruments. Say, 20% is kept in the form of current assets (cash and cash equivalents), 60% is in investment instruments, and 20% is in the form of use assets.
If 60% of Rp. 1.2 trillion or approximately Rp. 720 billion is put into a fixed income instrument, just a state bond with a yield of 5% per year, then within a month, the person concerned can get a passive income of Rp. 2.7 billion.