Sumber : Kontan.co.id | 22 Juli 2024

Prospek pasar properti paruh kedua tahun 2024 diprediksi bakal melesu. Hal ini menyusul berakhirnya insentif Pajak Pertambahan Nilai (PPN) Ditanggung Pemerintah (DTP) 100%.

Pasca periode subsidi 100%, mulai Juli hingga Desember 2024, besaran PPN DTP menjadi 50% . Berakhirnya insentif PPN DTP 100% ini bakal mempengaruhi tren permintaan Kredit Pemilikan Rumah (KPR) khususnya pembelian rumah dengan harga Rp 2 miliar hingga Rp 5 miliar.

Deputy General Chair of the Indonesian Real Estate DPP (REI), Bambang Ekajaya, said that the end of the DTP VAT incentive would have an impact on the property market, especially the residential segment in the IDR 2 billion-IDR 5 billion price range. 

"VAT DPT really helps increase sales of middle to upper class houses and apartments, especially those with ready stock," said Bambang to KONTAN, Sunday (21/7).

Not only will it affect sales, the end of incentives will also trigger an increase in house selling prices. "Moreover, next year there will be an increase in VAT from 11% to 12%," he said.

Itu sebabnya, Bambang berharap, pemerintahan baru bisa menjadikan kebijakan PPN DTP sebagai peraturan permanen. Ia juga berharap, insentif tersebut juga berlaku untuk kelas MBT (Masyarakat Berpenghasilan Tanggung).

Insentif PPN DTP sesungguhnya sudah diperpanjang beberapa kali sejak awal berlaku Maret 2023. Banyak emiten properti mencicipi insentif ini.

Salah satunya PT Ciputra Development Tbk (CTRA).Direktur CTRA Harun Hajadi bilang, PPN DPT memberikan dampak signifikan terhadap kinerja perusahaan. Kebetulan CTRA memiliki stok hunian cukup banyak di rentang harga Rp 2 miliar-Rp 5 miliar, sehingga bisa memanfaatkan insentif itu secara maksimal.

"In the last six months, VAT DTP contributed 60% to total sales," said Harun, Sunday (21/7).

Meski insentif PPN DTP 100% berakhir, Harun optimistis target marketing sales Rp 11,1 triliun tahun ini dapat tercapai.

Direktur PT Metropolitan Land Tbk (MTLA) Olivia Surodjo juga optimistis penjualan terjaga di paruh kedua ini. Konsumen diyakini tetap akan memanfaatkan PPN DTP 50% yang sekarang masih berlaku.

"Because if this program ends, consumers will return to paying their VAT obligations," said Olivia to KONTAN, Sunday (21/7).

Director of Capital and Investment Management at PT Intiland Development Tbk Archied Noto Pradono also hopes that sales will remain stable until the end of the year. "We also hope that incentives will continue because purchasing power is still weak," he said yesterday.

For three dollars, PT Pantai Indah Kapuk Dua Tbk (PANI) is also optimistic that it can achieve this year's target. Christy Grassela, Corporate Secretary of PANI said that the marketing sales target that must be achieved in the second semester is still 40% remaining.

"In the first semester we reached 60% of the target," he said yesterday.

PANI menargetkan marketing sales sebesar Rp 5,5 triliun pada 2024. Target itu tumbuh 158% dibanding tahun 2023 sebesar Rp 2,1 triliun.

Senior Investment Information Mirae Aset Sekuritas Indonesia, Nafan Aji Gusta, said that with the end of VAT DTP, opportunities for property issuers depend on Bank Indonesia (BI) policy. "Waiting for BI to determine monetary policy easing," said Nafan, Sunday (21/7). If you hope for interest rates to fall, it will still take a long time considering that BI's benchmark interest rate is waiting for the Fed's decision to reduce interest rates, which is expected to be in the final quarter of 2024.