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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

table column chart

Characteristic	Sales rate
Lower-middle	91.6%
Middle	94.8%
Upper-middle	93.9%
Upper	95%

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Details: Indonesia; Q4 2023

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Source

Cushman & Wakefield

Survey by

Cushman & Wakefield

Published by

Cushman & Wakefield

Source link

Greater Jakarta condominium marketbeat Q4 2023, page 2

Release date

January 2024

Citation formats

Region

Indonesia

Survey time period

Q4 2023

Supplementary notes

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

Lower-middle = <14 million IDR
Middle = 14-25 million IDR
Upper-middle = 25-35 million IDR
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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