Residential property price index in Denpasar, Bali, Indonesia Q1 2022-Q3 2023

Published by Mona Siahaan, Jan 31, 2024
The residential property price index in Denpasar, Bali, Indonesia from the first quarter of 2022 to the first quarter of 2023 was relatively stable, reaching 102.71 index points as of the third quarter of 2023. Foreigners cannot fully own property in Indonesia. However, foreigners in Indonesia can acquire the Right of Lease (Hak Sewa), Right to Build (Hak Guna Bangunan/HGB), and Right to Use (Hak Pakai/HP) certificates that will allow them to stay on the property for more than 25 years.

Residential property price index in Denpasar, Bali in Indonesia from 1st quarter 2022 to 3rd quarter 2023

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Release date

November 2023

Region

Indonesia

Survey time period

Q1 2022 to Q3 2023

Supplementary notes

Base value was 2018 which was equivalent to 100 index points.

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