Jakarta, Oct. 14 -- Finance Minister Purbaya Yudhi Sadewa expressed optimism that housing demand will grow rapidly in line with Indonesia's improving economic conditions.

"When the economy performs well, demand will surge," he said at the Ministry of Housing and Settlement Areas (PKP) office here on Tuesday.

He emphasized that as the economy continues to strengthen, people will be more confident to invest in the property sector.

"There is no need to worry; housing demand will rise quickly," he added.

Purbaya arrived at the PKP office around 5:10 p.m. local time, where he was welcomed by Minister of Housing and Settlement Areas Maruarar Sirait, Secretary General Didyk Choiroel, Inspector General Heri Jerman, BP Tapera Commissioner Heru...