Review the Development of the Indonesian Property Sector Amidst 2019 Global Economic Stagnation and Predictions on Post COVID-19 2020 Recovery
- DOI
- 10.2991/assehr.k.210304.112How to use a DOI?
- Keywords
- Property, Amidst, Global economic, Covid-19
- Abstract
Over the past few years, the trade war between the US vs. China began to have an impact on the global economy and is predicted to have reached a point of stagnation. When global conditions affect other sectors in Indonesia, it seems the infrastructure is persisting has even tended to increase steadily. In November 2019 China was shocked by the development of a mysterious flu virus that quickly had a fatal impact and spread rapidly. The aims of this research consist of; 1sthow many clusters in the property sector in Indonesia. 2ndThe performance of the property sector under crises and stagnation economy in 2019.3rdThe impact on COVID-19 onthe property sectorand recovery prediction post-COVID-19. The methodology used is both on economic reports, previous studies,financial performance on all Tbk companies, and clustering analysis.several findings in this research, we found there are 3 clusters in the property sector, and there have been shifting and changes market leaders in terms of equity growth (%). The average growth in equity value is dominated by cluster C, the capital market of the real estate industry was affected by -32% and estimated recovery in Q1 2021.
- Copyright
- © 2021, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Muhamah Ali Pahmi AU - Miftahul Imtihan AU - Mujiarto PY - 2021 DA - 2021/03/08 TI - Review the Development of the Indonesian Property Sector Amidst 2019 Global Economic Stagnation and Predictions on Post COVID-19 2020 Recovery BT - Proceedings of the 1st Paris Van Java International Seminar on Health, Economics, Social Science and Humanities (PVJ-ISHESSH 2020) PB - Atlantis Press SP - 495 EP - 499 SN - 2352-5398 UR - https://doi.org/10.2991/assehr.k.210304.112 DO - 10.2991/assehr.k.210304.112 ID - Pahmi2021 ER -