Sales rate of condominiums Greater Jakarta, Indonesia Q4 2023, by price segmentation

Published by Mona Siahaan, Mar 5, 2024

As of the fourth quarter of 2023, the sales rate of upper-priced condominiums in Greater Jakarta, Indonesia, was around 95 percent, the highest among all segments. Meanwhile, middle-priced condominiums followed closely with a sales rate of 94.8 percent.

Sales rate of condominiums in Greater Jakarta, Indonesia as of 4th quarter 2023, by price segmentation

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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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