Sales rate of residential market Greater Jakarta in Indonesia H1 2024, by region

Published by Mona Siahaan, Oct 25, 2024

As of the first half of 2024, nearly 87 percent of the offered properties on the residential market found a buyer. The price of residential property in Jakarta is more expensive than in the peripheral areas, many Indonesians tend to buy their first houses outside of Jakarta.

Overall sales rate of landed residential market in Greater Jakarta, Indonesia as of the 1st half of 2024, by region

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Source

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Release date

July 2024

Region

Indonesia

Survey time period

H1 2024

Supplementary notes

According to the source the analysis only focuses on actively marketed residential estates within the Greater Jakarta area. Those selected residential estates are considered as “major developments” with minimum development area of 30 hectares. Estates specializing in Healthy Simple Housing (Rumah Sederhana Sehat / RSH) are excluded from the analysis.

The market area coverage includes North Jakarta, Central Jakarta, East Jakarta, West Jakarta, South Jakarta, Bekasi Municipality, Bekasi Regency, Tangerang Municipality, South Tangerang Municipality,Tangerang Regency, Depok Municipality, Bogor Municipality and Bogor Regency.

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