As of the fourth quarter of 2024, the commercial property price in Jakarta, Indonesia's capital city, reached a value of 102.72 index points. This indicated an increase compared to the price index in the second quarter of 2019, which stood at 101.16 index points.

As of the third quarter of 2024, the residential property price index in Greater Jakarta (locally known as Jabodetabek) increased by approximately 1.3 percent. This indicated a sharp decline following a period of continuous increases in the price index over the past few years. Indonesia’s housing market Indonesia is currently struggling with a housing backlog, reaching nearly 13 million units in 2023. This represented the number of Indonesian households who were supposed to own a house in the country. In response to this issue, the government has initiated the “One Million Houses” program (Program Sejuta Rumah), intending to build a million houses annually. Among other cities in Indonesia, Pontianak stood out with the highest house price growth as of the third quarter of 2024. The rising role of Greater Jakarta‘s satellite cities As Indonesia’s financial center, Jakarta outpaces other areas in terms of average land prices. For residential homes, the average land price is significantly higher than the land price in industrial areas in Jakarta. Greater Jakarta, home to about 30 million people, encompasses Jakarta and five satellite cities, including Bogor, Depok, Tangerang, South Tangerang, and Bekasi. As Jakarta lacks affordable housing and developed areas for landed houses, many residents are now starting to relocate to its satellite cities. This has also caused Jakarta to have a lower residential property sales rate compared to the other Greater Jakarta regions.

Housing Index in Indonesia increased to 109.65 points in the fourth quarter of 2024 from 109.44 points in the third quarter of 2024. This dataset provides - Indonesia Housing Index- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The residential property price index in the Jakarta metropolitan area, or locally known as Jabodetabek, in Indonesia reached a value of 108.65 index points as of the second quarter of 2024. Over 30 million people live in Greater Jakarta, of which 20 million people live in the urban region surrounding the capital city, while around 10.5 million people live in Jakarta.

House Price Index YoY in Indonesia decreased to 1.39 percent in the fourth quarter of 2024 from 1.46 percent in the third quarter of 2024. This dataset includes a chart with historical data for Indonesia House Price Index YoY.

Graph and download economic data for Real Residential Property Prices for Indonesia (QIDR628BIS) from Q1 2002 to Q3 2024 about Indonesia, residential, HPI, housing, real, price index, indexes, and price.

Indonesia Consumer Price Index (CPI): Jakarta: Housing: Costs for Housing data was reported at 283.570 Apr1988-Mar1989=100 in Mar 1998. This records an increase from the previous number of 269.150 Apr1988-Mar1989=100 for Feb 1998. Indonesia Consumer Price Index (CPI): Jakarta: Housing: Costs for Housing data is updated monthly, averaging 202.945 Apr1988-Mar1989=100 from Dec 1990 (Median) to Mar 1998, with 88 observations. The data reached an all-time high of 283.570 Apr1988-Mar1989=100 in Mar 1998 and a record low of 136.180 Apr1988-Mar1989=100 in Mar 1991. Indonesia Consumer Price Index (CPI): Jakarta: Housing: Costs for Housing data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Global Database’s Indonesia – Table ID.IA028: Consumer Price Index: by Cities: Java: DKI Jakarta.

As of the fourth quarter of 2024, the commercial property price index in Jakarta, Indonesia increased by 0.24 percent. The year-on-year growth of the city's commercial property price index has fluctuated over the past few years, with the highest growth recorded in the second quarter of 2022, at around 1.01 percent.

Key information about Indonesia Nominal Residential Property Price Index

• Indonesia Nominal Residential Property Price Index was reported at 166.301 2010=100 in Sep 2024.
• This records an increase from the previous number of 165.860 2010=100 for Jun 2024.
• Indonesia Nominal Residential Property Price Index data is updated quarterly, averaging 121.324 2010=100 from Mar 2002 to Sep 2024, with 91 observations.
• The data reached an all-time high of 166.301 2010=100 in Sep 2024 and a record low of 73.906 2010=100 in Mar 2002.
• Indonesia Nominal Residential Property Price Index data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Nominal Residential Property Price Index: 2010=100: Quarterly.

As of the second quarter of 2024, the residential property price index score in Pontianak, Indonesia stood at around 115.34. The overall residential property price index in Indonesia has gradually increased over the past few years.

Residential Property Prices in Indonesia increased 1.46 percent in September of 2024 over the same month in the previous year. This dataset includes a chart with historical data for Indonesia Residential Property Prices.

Indonesia Residential Property Price Index: BI: 18 City data was reported at 208.785 2002=100 in Jun 2019. This records an increase from the previous number of 208.373 2002=100 for Mar 2019. Indonesia Residential Property Price Index: BI: 18 City data is updated quarterly, averaging 189.334 2002=100 from Mar 2012 (Median) to Jun 2019, with 30 observations. The data reached an all-time high of 208.785 2002=100 in Jun 2019 and a record low of 144.728 2002=100 in Mar 2012. Indonesia Residential Property Price Index: BI: 18 City data remains active status in CEIC and is reported by Bank of Indonesia. The data is categorized under Global Database’s Indonesia – Table ID.EF005: Residential Property Price Index: by Cities.

As of the second quarter of 2024, the apartment price index for commercial use in Jakarta, Indonesia's capital city, reached a value of 92.47 index points, indicating a decrease compared to previous quarters. Since the first quarter of 2017, the apartment price index for commercial use in Jakarta has been experiencing a decline, reaching its lowest value by the third quarter of 2021. In Jakarta, using the ground floor of apartment buildings for commercial purposes is common.

Key information about Indonesia Gold Production

• Indonesia Real Residential Property Price Index was reported at 96.360 2010=100 in Sep 2024.
• This records an increase from the previous number of 95.812 2010=100 for Jun 2024.
• Indonesia Real Residential Property Price Index data is updated quarterly, averaging 104.040 2010=100 from Mar 2002 to Sep 2024, with 91 observations.
• The data reached an all-time high of 140.259 2010=100 in Jun 2002 and a record low of 95.812 2010=100 in Jun 2024.
• Indonesia Real Residential Property Price Index data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Real Residential Property Price Index: 2010=100: Quarterly. [COVID-19-IMPACT]

Indonesia's Real Estate Market Report is Segmented by Property Type (Residential, Office, Retail, Hospitality, and Industrial) and Location (Jakarta, Bali, and the Rest of Indonesia). The Report Offers Market Size and Forecasts in Terms of Value (USD) for all the Above Segments.

As of the fourth quarter of 2024, the residential property price index in Indonesia increased by around 1.4 percent. The year-on-year growth of the country's residential property price index has fluctuated over the observed period, with the highest growth of two percent recorded in the fourth quarter of 2022.

The Report Covers Indonesia Commercial Real Estate Market Companies & Overview and it is Segmented by Type (Offices, Retail, Industrial, Logistics, Multi-family, and Hospitality) and Key Cities (Jakarta, Surabaya, and Semarang). The market size and forecasts for the Indonesia Commercial Real Estate market are provided in terms of value (USD) for all the above segments.

Indonesia Consumer Price Index (CPI): DKI Jakarta: Housing data was reported at 135.310 2012=100 in Jun 2019. This records an increase from the previous number of 135.210 2012=100 for May 2019. Indonesia Consumer Price Index (CPI): DKI Jakarta: Housing data is updated monthly, averaging 122.890 2012=100 from Dec 2013 (Median) to Jun 2019, with 67 observations. The data reached an all-time high of 135.310 2012=100 in Jun 2019 and a record low of 108.200 2012=100 in Dec 2013. Indonesia Consumer Price Index (CPI): DKI Jakarta: Housing data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Indonesia Premium Database’s Inflation – Table ID.IA028: Consumer Price Index: by Cities: Java: DKI Jakarta.

As of the fourth quarter of 2024, the residential property price index in Pontianak, Indonesia increased by nearly three percent. The overall residential property price index in Indonesia has gradually increased over the past few years.

In 2020, the average price for a house between 250 and 300 square meters in Pondok Indah, Jakarta in Indonesia amounted to 12.8 billion Indonesian rupiah or around 901 thousand U.S. dollars. In comparison, the price for the same-size house in East Jakarta, Cibubur amounted to 2.9 billion Indonesian rupiah. Pondok Indah is one of the most prestigious residential areas in Indonesia which is also located close to the central business district of Jakarta, the capital city.