it is not worth to buy house in batam as investment.
only buy if you want to stay or for future stay.
Places like nagoya and baloi centre, now around 200juta above.
some even as high as 300juta.
if rent out for 1.2 juta a month (average market rate) for 200juta house.
it will take u 166 month to cover back, that is 13 years.
in batam, buy house is easy, sell house is hard. not easy to find buyer.
if buy a house at place like batu aji, teban,
that is cheap, as low as 80juta can get.
rental market rate around 500k to 600k per month.
but teban and batu aji area, it is very hard to find
ppl to rent the house and price of house will not increase
like spore case, rise every year.there house price may decrease
instead.
it just my understanding of the batam house market, may be wrong
