Proceedings of the 1st Paris Van Java International Seminar on Health, Economics, Social Science and Humanities (PVJ-ISHESSH 2020)

Review the Development of the Indonesian Property Sector Amidst 2019 Global Economic Stagnation and Predictions on Post COVID-19 2020 Recovery

Authors
Muhamah Ali Pahmi, Miftahul Imtihan, Mujiarto
Corresponding Author
Muhamah Ali Pahmi
Available Online 8 March 2021.
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/).

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Volume Title
Proceedings of the 1st Paris Van Java International Seminar on Health, Economics, Social Science and Humanities (PVJ-ISHESSH 2020)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
8 March 2021
ISBN
10.2991/assehr.k.210304.112
ISSN
2352-5398
DOI
10.2991/assehr.k.210304.112How to use a DOI?
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  -