Supply of condominiums in Greater Jakarta, Indonesia Q4 2023, by price segment

Published by Mona Siahaan, Mar 5, 2024

As of the fourth quarter of 2023, the supply of middle-priced condominiums in Greater Jakarta, Indonesia, was around 184,400 units. Meanwhile, around 29,200 units were categorized as upper-priced condominiums, with the price per square meter reaching over 35 million Indonesian rupiah.

Total supply of condominiums in Greater Jakarta, Indonesia as of 4th quarter of 2023, by price segmentation (in 1,000s units)

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Release date

January 2024

Region

Indonesia

Survey time period

Q4 2023

Supplementary notes

The segmentation is based on price per sqm before tax on semi gross area:

  1. Lower-middle = <14 million IDR
  2. Middle = 14-25 million IDR
  3. Upper-middle = 25-35 million IDR
  4. Upper = >35 million IDR


One thousand Indonesian rupiah is equal to approximately 0.064 U.S. dollars and 0.060 euros as of March 2024.

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