Cempaka Development, Construction & Utilities: Condos Canceled As Demand Dries Up

"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,.. etc.)

"A Summary" – Apr 2, 2011 (Kryon channeled by Lee Carroll) (Subjects: Religion, Shift of Human Consciousness, 2012, Intelligent/Benevolent Design, EU, South America, 5 Currencies, Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Middle East, Internet, Israel, Dictators, Palestine, US, Japan (Quake/Tsunami Disasters , People, Society ...), Nuclear Power Revealed, Hydro Power, Geothermal Power, Moon, Financial Institutes (Recession, Realign integrity values ..) , China, North Korea, Global Unity,..... etc.) - (Text version)

“.. Nuclear Power Revealed

So let me tell you what else they did. They just showed you what's wrong with nuclear power. "Safe to the maximum," they said. "Our devices are strong and cannot fail." But they did. They are no match for Gaia.

It seems that for more than 20 years, every single time we sit in the chair and speak of electric power, we tell you that hundreds of thousands of tons of push/pull energy on a regular schedule is available to you. It is moon-driven, forever. It can make all of the electricity for all of the cities on your planet, no matter how much you use. There's no environmental impact at all. Use the power of the tides, the oceans, the waves in clever ways. Use them in a bigger way than any designer has ever put together yet, to power your cities. The largest cities on your planet are on the coasts, and that's where the power source is. Hydro is the answer. It's not dangerous. You've ignored it because it seems harder to engineer and it's not in a controlled environment. Yet, you've chosen to build one of the most complex and dangerous steam engines on Earth - nuclear power.

We also have indicated that all you have to do is dig down deep enough and the planet will give you heat. It's right below the surface, not too far away all the time. You'll have a Gaia steam engine that way, too. There's no danger at all and you don't have to dig that far. All you have to do is heat fluid, and there are some fluids that boil far faster than water. So we say it again and again. Maybe this will show you what's wrong with what you've been doing, and this will turn the attitudes of your science to create something so beautiful and so powerful for your grandchildren. Why do you think you were given the moon? Now you know.

This benevolent Universe gave you an astral body that allows the waters in your ocean to push and pull and push on the most regular schedule of anything you know of. Yet there you sit enjoying just looking at it instead of using it. It could be enormous, free energy forever, ready to be converted when you design the methods of capturing it. It's time. …”

Tuesday, January 20, 2009

Condos Canceled As Demand Dries Up

The Jakarta Globe, Dian Ariffahmi, January 20, 2009

Indonesia is facing a gloomy outlook in its condominium business as some property companies defer their apartment projects and return their customers’ money as demand slows, a property analyst said on Monday.

“The tight monetary policy [high interest rates and tighter loan approvals] has impacted on project cash flow and turned off prospective buyers,” Utami Prastiana, a property analyst from Procon Indah, said in Jakarta, adding that further delays were likely to affect the sector until mid-2009.

One Park Residences, which has been developed in Kebayoran Baru by PT Gandaria Permai, a subsidiary company of PT Intiland Development Tbk, has delayed its condominium project and is going to return condo buyers’ money with interest soon, he said.

Utami said there were two other developers which had also canceled their projects because of the crisis, but refused to name them.

The Rp 300 billion ($27 million) residence projects, which was previously planned to be launched in the fourth quarter last year, was canceled due to the increasing price of project materials and a lack of demand from buyers, he said.

“In the fourth quarter last year the country’s rate for the amount of presold condominiums declined only slightly from 0.4 percent from its previous quarter of 95.6 percent to 95.2 percent,” Utami said.

The declining rate, she said, would continue into the first quarter this year, and likely to balloon to between 3 to 10 percent.

“Condo buyers are in a wait-and-see mode and prefer to keep their plans on hold until the interest rate goes back to normal or at least decreases from the current rate,” Utami said.

Procon’s 2008 report stated that 8,000 new condominiums were sold in Jakarta in 2008 from a supply of 8,400. The number sharply declined from the previous year’s report which saw around 12,000 units produced and sold in the same year.

In 2009, projected annual net supply of around 10,000 units will have a net take up of only 6,600. About 6,100 of those units are in mostly in less preferable locations such as on the borders of Jakarta, Utami said.

“Developers and buyers will be more rational in their investment decisions, therefore a few projects may not be completed on time,” he said.