BANDUNG, unpas.ac.id – Recently, property investment is getting high on interest since it will seemingly be long-term promising, especially by millennials. Although Covid-19 pandemic caused much impacts to almost all economic sectors, property investment is in fact getting increasing.
It is this business that is also currently being carried out by a final student majoring in Development Economics, Universitas Pasundan Faculty of Economics and Business (FEB), Naufal Fadhillah Ramadhan or familiarly called Nafara Tirta.
Nafara, along with his colleagues formed a property developer team and opened an opportunity for prospective investor who wanted to allocate their funds in the property sector. This sector is chosen because it is predicted to be able to boost the economy and have multi effects.
“Previously, in 2018, I have worked as a property agent. After finding out the business pattern, I joined one of the property agents in Bekasi and filled a job in the marketing position. It was in 2019, my colleagues and I started our own property developer business,” he explained, in Friday (June 25th, 2021).
The former Head of Student Executive Institution (Lembaga Eksekutif Mahasiswa, LEM) in Faculty of Economics and Business said that running a property investment business was not really a hard work. If there is not enough money to cover up the capital on your own, it should only recruit few required people in the field, such as admin, graphic designer, notary public, and others.
“If the team has already been formed, we can only find a land owner who wants to collaborate with us – but we have to make sure that we have gotten a potential area. Then, we build trust from the government, investor and customers. The only way to build it is by making collaboration, since we will do a building construction. Therefore, we ‘live up’ the economic ‘wheel’, to make a long-term prospect,” he continued.
Seeing the fact that there are a lot of developers that do not involve public permission in constructing the project, Nafara has the principle that there must be a symbiosis of mutualism so as not to harm each other. He helps move the economy, while the community guarantees security and comfort for prospective clients who will buy their units.
Currently, Nafara has been working with the land owners in Cimaragas, Ciamis and Pangandaran. He focuses more on building the project in Pangandaran, because he still has few problems in taking care of Building Permission (Izin Mendirikan Bangunan, IMB) in Cimaragas. Besides that, Pangandaran is the iconic destination in West Java which will continue to be boosted.
“The business that I am running into is actually more, like, creating investment for investor, so it is not for a ‘late’ customer. A lot of people think that I am building a cluster to make it a comfortable residence. It could be it, but our goals are not to that way,” added Nafara.
From his property investment business in Pangandaran, he admitted that he did not spend a material capital, because the land owners are willing to collaborate on the project. Although it needs to be acknowledged – drafting concepts, gathering investors, managing permits, finding connections, and executing strategies also require skill.
“To find investors, it really needs a proper and good negotiation skill. Based on my experience when I worked on a gas station in Brebes, I used a supply-and-demand proposal containing the concept, advantages and disadvantages, government conditions, economy, tourism potential. When making and drafting a proposal, involve as many relevant parties as possible, not to be missed single ones,” he explained.
For Nafara, doing a kind of business in this sector is not only profitable for developer, but also for investor. He invites millennials to be open-minded of property investment
“The business is very promising, especially the fact that it is also majority need, so some people choose to make it long-term investment. I think the economy in property is endless, it will continue to grow,” he ended. (Reta)*
